GTG: 1883-O Morgan Dollar

63 obverse 64 reverse so 63. not a bad strike though for New Orleans

 

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I'm thinking 63 if it's an old holder. I'm having trouble making out the beveled field over ST but I guess that's typical. I have my V-3 tagged as possibly 3A. I'll have to take another look now that you've reminded me...

 

MS 64

...nice color! (and I think it even helps cover most of the hits that would usually make this easier to grade...I originally thought MS 65, but have to go with 64 upon closer inspection...let's see if my streak of under-grading continues ).

 

MS-64

 

Ok. You guys are all thinking right along the same lines as me. I know I'm calling it early but a lot of you have chimed in. No body got this one correct. To me this is an MS-64 all day long as well as it seems most of you do as well. It was the last buy I made at the show on Sunday for a measly $40.00. I'm thinking it might look better with a gold bean on her. Maybe match the color of the toning.

 

Well there goes my streak of under-grading...

Rattler era grader: I can't see much chatter but that toning must be covering something...slap on the 62 grade

 

That was the first thing I looked for when I got it home. I examined it under my grading lamp and loupe, I do see some minor chatter, but NOTHING warranting an MS-63 let alone an MS-62 grade. The only thing I can think of is they hammered it for the planchet striation marks on the obverse and reverse.

 

Interesting Jason. Based on the pictures, I can't see that as a 62. It's a typical New Orleans weak strike from that era. Can you look at the eyebrow? Is that circulation wear or just part of the weak strike? The toning makes the area stand out a little more in your pic.

Nice pick up for $40.

 

I don't know alot about Morgans, except that New Orleans are slackers. Still, I don't see how you can go wrong for $40.

 

Neat find! That is a beautiful coin.

 

I'm late to the party (even though I was tagged, I don't think I got the alert), but was going to say MS64 with a shot at 65, and I think the toning is attractive.

No way would I have guessed anything lower then a 63. Nice coin (and I'm not a fan of Morgans).

 

Definitely under graded. Should certify at CAC with the excellent toning.

 

Wow! I would never have gone 62. Nice pickup!

 

I'm late too. I went with MS64 when I looked at it.

 

Again the eye is mightier than the slab.....number. I sort of expect this on rattlers somewhat by todays standards ,however I'm seeing some missed grades in quite a few newer slabs.

 

I agree.. I have started to scrutinize the newer slabs as of late. PCGS has been doing some serious grade tightening lately in response to all the accusations of gradeflation. Now is not a great time to be submitting if you plan to flip, rather now is a great time to be buying those that are being graded. You still need to be selective, but there are certainly some undergraded coins coming back. Just look at this 1882-S Morgan I bought recently..

 

The proper response would be freeze the standards, stop overgrading key date coins, stop letting improperly-cleaned coins get a pass, and STOP WITH THE MARKET-GRADING CRAP. Grading everything a point or two lower does not fix the main problems.

 

I completely agree!! Set a standard and stick to it. In my opinion those standards apply to every date and mint mark. Yeah, yeah, the '79-S through '82-S come nice. So there are a lot more 66's and 67's, so what, if they deserve the grade they deserve the grade. Some dates come crummy, so finding a higher grade coin should command the premium. Stop depressing the early SF coins and stop propping the CC's and some of the O's.