1886 Morgan

Discussion in 'What's it Worth' started by HookFynn, Nov 20, 2019.

  1. HookFynn

    HookFynn Member

    54115B14-BE02-4708-9344-CCB886607F58.jpeg 03DB44C1-EF02-43BF-BD0E-C72622F38640.jpeg 4E21372E-E00B-40B1-A14A-BA27D7192CEC.jpeg 503B3CEC-76DE-49FB-8A2A-92B629670FF7.jpeg i'd like to play a game. as most of you know i'm very new to collecting. i've had a few coins for many years but recently got serious about the hobby. i purchased several coins recently from a small hole in the wall store here in Alaska. they were graded by a company whose reputation is not the best (overgrading, ignoring small flaws, etc.) but i was aware of before purchasing. so i'm going to post them and you guys state what you'd grade them at and a value. i will then post the slab showing grade and disclose what i paid for the coin. here's the first...
     
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  3. NLL

    NLL Well-Known Member

    We could guess the grade but value of the coin is subject to what someone is willing to pay for it. It sounds to me like you either want to resell the coins for more money or want to feel like you got a good deal.
     
  4. HookFynn

    HookFynn Member

    you'd be wrong on both accounts. the coins are for me and me alone. and i'm plenty happy with the price or i wouldn't have spent my hard earned dollars
    on them. good day to you sir.
     
  5. Treashunt

    Treashunt The Other Frank

    obv dark toning, perhaps too dark.

    I'd guess 63
     
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  6. Rheingold

    Rheingold Well-Known Member

    The toning seems very interesting.
    But the reverse shows some defects...these will limit the grade max to MS61/62
     
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  7. HookFynn

    HookFynn Member

    it does appear kinda dark. i purchased because i loved the toning on the date. very deep blues and purples.
     
  8. HookFynn

    HookFynn Member

    the reverse certainly does. it's what prompted me to spend a week learning more and researching the grading company before making an offer i was happy with and purchased it for.
     
  9. NLL

    NLL Well-Known Member

    Just an observation. I just don’t understand why you would want to know what we value it at. If I buy a coin for myself the value is priceless to me.
     
  10. HookFynn

    HookFynn Member

    cause i'm new and curious i guess.
     
  11. NLL

    NLL Well-Known Member

    That is fine. I’m not trying to single you out or anything of the sort. As a forum we have had people ask us to value their coins for their so called collections that end up getting sold.
     
  12. HookFynn

    HookFynn Member

    ahh... i understand.
     
  13. longshot

    longshot Enthusiast Supporter

    I'll say MS 62-63. In hand, I might have to say high AU. Taken as a whole, I dont think the toning will drive a premium, though some of the colors are pretty.
     
  14. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Kinda scruffy looking.
    I'm at MS61/62
     
  15. bsowa1029

    bsowa1029 Franklin Half Addict

    62+ or 63. Too much chatter on the reverse, which is typically the cleaner side of a morgan, to grade any higher in my opinion.
    I think the toning looks nice.
     
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'm at a AU-58 to a MS-60. I really don't care for the dark toning.
     
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  17. HookFynn

    HookFynn Member

  18. HookFynn

    HookFynn Member

    i saw the coin and went home and read up on NNC and read that they were/are well known for giving coins too high a grade. i went back a week later, made an offer based on that and was able to purchase the coin for much less than what they initially were asking.
     
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  19. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Yeah...
    Either those pics are extremely misleading, or 66 is just the number the wheel stopped on after spinning it. :wideyed:
     
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  20. Collecting Nut

    Collecting Nut Borderline Hoarder

    They are known to be high.
     
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  21. PlanoSteve

    PlanoSteve Supporter! Supporter

    So....then...what did you actually pay for it? You posted in the "What's It Worth" forum, and I/we infer that you want us to validate your purchase.
     
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