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Why not trying to send that dollar into NCS to work on that spot than resubmit.

 

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I would much rather a top tier TPG authenticate it. SEGS doesn't have a very good reputation.

 

Not nosy. Good questions. I bought the coin raw from an old dealer/collector for a low 5 figure price. It has nearly full mint luster, full breast feathers, minor bag Mark's on the obverse and the spot on the reverse rim. It replaces an AU 53 in my #1 set of 11 sets. I bought it for obverse eye appeal. I like the SEGS holder and they do all VAM varieties. Grading from any TPG service is subjective. Dealers who have seen the coin have agreed with the numerical details grade. I'm a collector and don't clean coins although I buy cleaned coins as long as they have good eye appeal and no harsh cleaning. Everyone makes mistakes and I won't mention the TPG of counterfeit micro O Morgans. All 12 1893-S Morgans I have with bunny rabbit ears in the R and die gouge in the T of Liberty are authentic. SEGS is a quality holder and the coin is protected.

 

Thanks for the response. Awesome coin congrats on the pickup! Even with the black spot one of the nicest 93-S Morgan’s I’ve seen such a tough coin to find in that condition

 

Not a coin acquisition but a really cool Christmas present from my daughter!

 

Just bought a PCGS XF45 1847/47 and the same day I found this one raw.

Thinking maybe NCS on it now. Was going to go to PCGS.

 

MONSTER coin indeed!! Key dates like that catch my eye!!! Simply breathtaking!

 

I would get that 3 legger certified ASAP.

 

Interesting story. Sure, everybody beats to their own drum. But, I would NEVER buy a Detailed Morgan of that caliber. Much less, get it slabbed in a SEGS holder? Sure, it is STILL a nice, valuable coin & all. But if I was you, (which I'm not). I would listen to Tater, & try to get that spot on the reverse rim taken care of, & resubmitted to a better TPG. Too much $ at stake. That's just my opinion? If you like it as is? Than, that's fine too.

 

Just picked up this 1935 peace dollar for $65.

 

Very nice. You going to regrade it?

 

From @C-B-D to me, and at a great price!

 

Happy New Year. I have been collecting and studying coins for 63 years. I examined the coin carefully before buying it to determine what might be the chemical makeup of the spot on the rim. I use a 45 power binocular microscope inputted into a computer. I examined the reeded edge and the obverse of the coin and concluded it was a contaminant of some type that had corroded the copper content of the coin. NCS would not be able to conserve this type of corrosion and any attempt on removing it at this stage of age would damage the coin edge. I believe it is stabilized and will not encroach further into the coin. SEGS got this one right and I wanted this coin in their quality holder with the VAM variety designation. As for me, I buy the coin and not the holder. Grading and authentication is subjective. Yes I do have BIG BOY TPG counterfeit micro o VAM variety Silver Dollars in my collection. When I do talks on counterfeit and altered coins I always say to buy the book before you buy the coin and buy the coin, not the holder.

 

This one wasn't hard to attribute. There are only 2 VAM's for this date. The entire run (100,000) was minted using only 1 obverse and 2 reverse dies.

 

OK.

 

thinking about ngc

 

I'd send it to NCS and than have NGC grade and attribute it. My father is a big time 1847 collector. Nice coins but its hard to tell from the photos. You thinking its been lacquered?