your a joke.... dont get mad when you ask for advice then we say what you dont wanna hear! not a proof!
with 90k invested, i would think you should invest in a redbook. a proof morgan is worth thousands. can't tell from photo whether it's a proof or not.
Looking at the pictures...and it has already been said they are from a cell phone and not very useful, but from what I see the coin is not a proof. It very well may have prooflike features and it might be a very nice coin...but it's not one of the 930 proof Morgans issued in 1885. 1885 is one of the years that is known to produce some very nice PL Morgans. I can't be 100% sure until better pictures are posted, but from what I see I'm 99.90% sure. But, an 1885 PL is certainly a nice buy for $35.
I would say, that anyone willing to say, it is "not" a proof,or that it "is" a proof,is not as "professional" as I would like them to be,considering their posting on forums.there is nothing anyone can say about those photos,other than they are too small,and lack sufficient details to make any rational decision.I did notice a full, flat, star by the date,that is a + for being a proof.so until larger more detailed photos come into play,there is nothing that can be said one way or another.
madoutcast your way of thinking leaves me to believe you are on the same page.the coin is in a plastic holder so some of its shine is not going to be seen.exp on a cell pic.i will post the pics tom for sure it is uncirculated and i dont want to handle it to much .although it does not have the shine as a current proof coin.it is sharply detailed shiny and if it is dubbed prooflike its one of the finest examples i had ever seen.but im pretty sure its a proof comparing it to my prooflikes.everybody has opinions and doubts as so do i.thats life.but im not trying to prove its a proof im trying to get a ballpark est.i have a figure in mind just trying to see if im high or low.the pics will help of course when i get back home.
The text in bold is the crux of your question pertaining to value. If the coin is a business strike Morgan, which it almost certainly is simply based upon the auction sales price of $35, then it will have one range of values. However, if it is a proof Morgan, which you have also claimed in this thread, then it will necessarily have a different set of possible values. Your thread question is confused since you have written in multiple instances that the coin is a proof yet also written in multiple instances that the coin is uncirculated. These are mutually exclusive descriptions as commonly used in US numismatics. Do you believe the coin is a proof, which is a method of manufacture and not a grade, or do you believe the coin is uncirculated, which is a grade for business strike coinage?
i use the trem uncirculated as a example of mint state wich is my slang and can be confusing wich i should use more carefully.the auction i stopped at was a backwoods junk auction and i like looking at old items and just happed to stumble across this near philly p.a.no one there i assumed had one clue about coins.it was not a coin auction it was a everything estate auction.and 3o some people attended.i bid on this coin and a uncirculated 1905 indian penny.wich i got for 4 dollers.also a good buy.they are usually worth about a buck but in mint state uncirculated with redish brown i couldnt pass it up.
I think the best is for the owner to just send it in to one of the big 3 TPG now, rather than wait for another 100 posts/photos/opinions that will be right back here full circle. The professional thing is to consider it a business strike until it can be shown to be a proof. Occam's razor.
desert gem is on the right track when i get home there is a grading expert in columbus ohio im going to have it graded.when its all done i will post the results.at a future date
Coin is not a proof. No double striking exhibited, which is obvious on these proof coins. If it is a proof your looking at 1200 and up. However it is not a proof just a MS slider that's been properly cleaned or dipped. Seeing how it's in a 2x2 a dealer saw it at one point. If it was in a auction then a dealer appraised it. So no not a proof. And I'm going to call you on your $90,000 holding as BS. Every other day you post some coin you think is worth big money or super rare. Enough of this rant. Peace So no not a proof.
I think you should post some nice photos on here when you get a chance. I have already stated my opinions based on the photos given...but I also feel that I can't make a true assessment of this coin without good photos. There are many people here, including myself, who have been collecting Morgan's for years and know quite a bit about them. Proofs have specific strike characteristics that make them recognizable verses a business strike. The condition and any PL features has really nothing to do with it. Proof is a type of manufacturing process, not a grade. I can assure you, with good photos the members of this forum can give you a accurate description of your coin.
a so your going to tell me know what i dont own?lol its people like you that put inocent people in jail lol you dont know me or what i own?i own 2 rolexs and a omega watch.a 750i bmw 535i bmw and you dont beleive that either do you lol o im in the new denzel washington movie coming out called unstoppable im the police chief you dont belive that either?lol go to the movies and look for your self.my credability is good .o and im a pro boxer under the guidence of kevin rooney who formaly trained mike tyson dont believe that either do ya lol look it up.think before you speak .if you cant make a good comment stay out of my forum.period.everyone else here has made good calls they have a lot more expeirence than you.as do i.best regards. o the names jesse pitner if you want to look me up.
Jesse, It really doesn't matter to me what you do or don't own. I could care less unless you were trying to sell me something. Some of the people, here, have tried to give you the benefit of their knowledge which probably amounts to decades upon decades of examining Morgan dollars. Honestly, $90,000 is a drop in the bucket. I can go to a small, local show and look at $100,000 in Morgans in a couple of hours. If it was a large show like FUN or the ANA Money Show, any one of us can look at $1,000,000 worth in a few more hours. The point is that there are certain characteristics of a proof strike that do not appear to be present on the photos you've shown us. "Shine" is not a characteristic of the strike. A mint state coin can have "shine" simply from being overdipped or improperly cleaned. An ordinary MS Morgan is struck once with a pressure of 150 tons per square inch. A proof Morgan is struck twice under that same pressure to insure sharp details. If you look at the denticles in your first photo, you can readily see that they are uneven, some are rounded and there is inconsistent spacing between them. On a proof Morgan, the denticles should be sharply squared and evenly spaced throughout. I'm sorry, but I have to agree with the general concensus of opinion that this is not a proof Morgan. Once we have had the opportunity to see better photos, I would be more apt to think that this is an MS coin that has no luster and exhibits no cartwheel effect as it should. Hence, I would have to say that it was probably improperly cleaned and not worth more than melt value. Chris
Wow, Watch the Language OK. Thanks for giving me your name, now I can have some fun. BTW, 30 years old is way too old to break out as a boxer.
The coin appears to be polished. As many have stated, it's impossible to tell from the poor photos. Personally, I would be more inclined to believe it's heavily polished and worth $20 than believe it's a proof worth thousands.
You couldn't have been referring to me because I'm no gentleman. Chris edit And not very smart either apparently. You would have been better off to heed the warning instead of trying to be a wise guy.