Okay, don't want to beat a dead horse, but how bout this one? Give me your thoughts. I understand grading to a degree, no where near an expert. But when I compare close ups to pcgs graded coins, I get confused with what I don't see. But I am trying to improve, this is fine speciman, and after your last comments, I looked at details, she looks really good. What do you guys see? Thanks again!
Circulated very high mintage 1921 Morgan. Grade doesn't really matter for a coin like this, still worth around $25
It could be the picture, but the reverse looks kind of dull with no luster. The hair above the ear shows some wear, there are hits on the face/cheek and on the fields in front of the face. AU 50 or 53 but I'm terrible at this BTW, nowadays I would say more $30
@Chopperhead …because the mintage is 44,690,000 for the Philly 1921, there are a lot of them available in really good conditions. This one is better condition than the other one you posted, but both have the same melt value, currently $19.96USD. So, because they are so plentiful, people get picky and demand is lower. This is why members here are saying the value is between $24-30. NGC lists an AU50 for $33.50 or so, but this price is misleading. This price is for certified and slabbed coins. A buyer for your coin would overspend the coins value if he/she slabbed it. The seller ends up lowering the sale price to sell a plentiful coin. Even though it is in better condition it still will sell for a lower price because they made so many. Maybe another member can explain it better. Silver dollars I have sold to my local coin shop were agreed for well under spot, actually near melt.
All Morgans are keepers. Obverse not as good as the reverse but still a very nice coin. Thanks for sharing.
Oh I have a 1921 Morgan! (Last half year for Morgans) $25 average but definitely a keeper! (Coin is about 101 years old now)
