1883-O Morgan Dollar (BIG Pics!)

Picked this up from a local guy for what I think was a good price... So I wanna see if you guys came to the same conclusion as I did... Grade and value, if I were to send it in to NGC/PCGS?

 

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Are the two horizontal marks on her cheek light scratches? If so, it may only get a 64, but even at 65, the coin is only worth about $110-$125. I can't see the point of having it graded unless it would go MS66. You can probably find them already slabbed on eBay in 64/65 for a better price than what I quoted.

Chris

 

I'm calling it a 64, and you shouldn't send it in!

 

Beautiful strike. Nice relief, very sharp and well defined. Nothing distracting to the point that it would affect the grade.

I'll say MS-64, value between $40 and $55.

 

very nice but it is harder with his new format to actually see that detail of the cheek. generally tough, cheek scratches are enhanced in photos, especially light surface scratches.

Ruben

 

Ruben,
Place your cursor on top of the image and left-click to enlarge the image. Another way is to hold down the "CTRL" key and hit the "+" key as many times as necessary for you. NOTE: Using the CTRL/+, if you enlarge too much, it will become blurry.

Chris

 

I just right cliched and downloaded the actual image. Its just too much with the javascript. My browse hooks it right into gimp to look at or edit now. the photo under discussion is a little dark. I'm not so much put off by what i see, but a clearer and sharper image would be helpful.

Ruben

 

I do plan to take some better pics when I get home, I apologize for the darkness of these. It's the best I could do given it was about 1am when I took the pics. As for the cheek, there are definitely some lighter scratches there, but it was the nicest of the examples he had at the time. He still has a few more there, I may go back and buy all of them given the price he was willing to give me on 'em.

 

Better pictures, as was promised.

 

Yeah - that is a much nicer picture. You have a two nicks that I think affect grading significantly right below the eyes, aside from the normal surface noise. This is a terrific strike and GREAT coin. I see a little bit of rub on the breast feathers. I'd guess this to be a MS63, without the ANA grading book handy. I'd take it out of the plastic because I thing it can create more problems with surface than its worth.

I also think this coin might sell above normal grade prices because of the strike. GREAT FIND!

Enjoy your coin, because I most certainly have.

Ruben

 

BTW - you might have a minor nick above the right wing on the reserve, although that might just be the plastic.

Ruben

 

Better pics. I stand by my original assessment.

 

So do I, and it really isn't worth submitting for grading.

As someone mentioned earlier, I'd remove it from the 2x2. I hate staples! I've seen many a coin damaged by them.

Chris

 

I might submit this coin for a few reasons outside of straight economics. First, I think it is worth protecting in a slab. Secondly, its a really nice and unusual strike and I think it will fetch above market. And I think its value will rise over the long turn.

Ruben

 

Might take some time for that decision to give back, economically.

The coin shouldn't be slabbed, and 1883-O isn't the hardest date to find with a good strike. That coin might get a couple bucks over FMV if there is some crazy, bidiot, who wants a nice strike because he believes all O's are weak, other than something like that, it isn't going to happen.

I wouldn't pay over FMV for that coin due to the strike. I wouldn't pay FMV for that coin, in general.

 

I've actually been looking around for something to store my higher-grade coins in besides 2x2 flips, but other than getting it slabbed, what do you suggest? I know lots of people prefer air-tites, but with the unknowns about how the coin will react to the accent ring insert, I'm hesitant to buy those. Don't want direct fit as they can screw up the edges...

 

Airtites are good, the mylar flips are something to look at.

 

Personally, I think slabbed coins are over rated. Honestly, you have a coin that grades MS-whatever from a TPG, it's still MS-whatever even without the slab.

 

In the slab it has a lower risk of getting damaged, and most collectors want to buy an authentic coin, and want to be assured it isn't altered either.
There are benefits of slabs. More than just grading.
Can I grade Morgan Dollars? Yessir!
Can I tell every fake from a real one? Nossir!