1883 Morgan silver dollar, worth getting graded?

Discussion in 'US Coins Forum' started by Sarah Brantley, Jun 6, 2019.

  1. Sarah Brantley

    Sarah Brantley Minted in the USA

    I am sorting through a friend's coin collection, this is one of the few in it that may be worth grading.

    He keeps his coins in a sandwich back loose....

    Any thoughts or opinion on grade?
     

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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    They minted over 12 million of these. In this condition, while nice, it's circulated so there's no real value if it's graded. In other words, no as the grading costs far exceed the value of the coin.
     
  4. Sarah Brantley

    Sarah Brantley Minted in the USA

    Thank you.
    I had to get another opinion to help with breaking the news to him.
    When he handed me the sanfsand bag, I almost fainted from the handling of these coins! He had so many great coins destroyed due to the way he stored and handled. Almost wanted to smack him!
     
  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    You're welcome.
     
  6. WildWest

    WildWest Obsessive Compulsive Disarry

    Not worth grading in that condition.
     
  7. Sarah Brantley

    Sarah Brantley Minted in the USA

    Agreed.
    Thanks you for the reply.
     
  8. ddoomm1

    ddoomm1 keep on running

  9. Sarah Brantley

    Sarah Brantley Minted in the USA

    Positive....:blackeye:
     
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  10. Hookman

    Hookman Well-Known Member


    I like your spunk , I've seen it come through several times.
    Kudos for that, Good Luck with the coins, and Thanks for posting.
     
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  11. Mainebill

    Mainebill Bethany Danielle

    Circulated and common. Not worth grading but still a nice honest 100+ year old Morgan dollar
     
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  12. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Nope. Circulated common date Morgan.
     
  13. Clawcoins

    Clawcoins Damaging Coins Daily

    to help break "the news "to him you could do this type of reference. Keep in mind the numbers (values) are for graded coins, as his are not graded. And of course it's for "display" purposes as values change all the time.

    This website is good to see general value based on condition
    https://www.usacoinbook.com/coins/dollars/morgan/

    such as for your morgan shown
    upload_2019-6-7_10-47-2.png

    But if he questions the "condition" then this website is invaluable for comparison
    https://www.pcgs.com/photograde#/Morgan/Grades
    with an example is similar comparison
    now just for argumentative let's say his is a VF20
    upload_2019-6-7_10-50-5.png


    with the above chart that would put him at $36. But the $36 is for a graded coin (after someone has spent $50 to get it graded).
    So in RAW condition it is worth less than $36.
     
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  14. SorenCoins

    SorenCoins Well-Known Member

    I wouldn't say it's worth grading, unless it had a particular VAM or variety that was spectacular.
     
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