New PickUp - 1881S Morgan: GTG and Price

Interesting find in my LCS today. This coin resides in an NNCS slab from 1986. Pictures aren't superb, but if anyone cares to GTG and price paid I'll post results tomorrow.

In hand, the coin has frosty luster and the chatter on the cheek is less noticeable.

 

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Looks like the NNCS slab is inducing some rim toning. Looks nice. I can't get a good feel for the nose area, but it appears there are multiple contact marks. I'd say 64.

 

64 at the most. The cheek chatter precludes a gem grade with that date, as TPGs are very tough on 81s—nice examples are readily found.

 

My guess is the holder says 63. It would probably go MS-64 today. I think you paid around $40.00 it.

 

Ia m guessing that the holder says 65pl, But as others said an MS64

 

MS64 at $65.00

 

I'll say NNCS graded the coin MS65 and you paid $62.50.

 

65 and paid $60

 

64

 

63 and $50

 

MS 64 ....price paid: $55

That is a collectible slab and does carry a premium (likely would sell in the $75-$100 range on ebay).

 

Tough call from the obverse image. MS64?

 

64 64.64

 

MS-64 and paid $55

 

It is graded MS64. You can tell the market was much different in 1986 as the "owner's value" was listed at $450. Here is a little info on the NNCS slab, copied from an old thread:
From Condor's Book:
"Based in Marlboro, Massachusetts, until recently this company was barely just a rumor......The company apparently was active for about 2 years, from 1986 to 1988. They did feel confident about their authentication abilities. If an NNCS coin was ever proven to be a fake they offered to refund the original declared value plus interest at a rate of 14% per annum and to make claims easy they placed their phone number and address right on the slab label. The phone is now connected to someplace called Eagle Creek Ranch."
Later in the thread Condor adds:
That is a very tough slab to find. I just recently managed to locate one for someone who lives in Marlboro. Took about 14 months. I've seen about a dozen of them now over the past five years. Six of them all in one hoard from a collector in Greece. (That hoard has been broken up now.) And it is a large size holder, about the same size as a brown Ike or GSA holder.

I paid $76 for it, which I though was fair given the decent appearance of the coin and the uncommon slab.

 

MS64 $50 was my gut. Still not a bad price for a nice coin and interesting slab.

 

Our LCS tends to be a little overpriced, but I like to support it because it is fun to browse and I sometimes find interesting things.

 

Oh...yeah I buy that or one like it in a heart beat.nice score