1892-S Morgan = Should I send to PCGS? Please grade, thanks!

Hi, I have an 1892-S morgan... and these things get ridiculous redbook prices in higher grades... Could you please give me your opinion on this coins grade, and if I should send it into PCGS or not?? (would it be worth it?) & What do you think the value is (slabbed/unslabbeD) I have a couple other coins I do need to send to PCGS which is why I ask... It seems to me this coin would be XF-AU+ and would bring a higher price if it were slabbed, thanks in advance for your opinions!!

 

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Yes, IMO, you should send it to PCGS. However, I'm unsure if it would grade or not, but think there's value in even a genuine holder for this key date as it is a valuable coin even if it is cleaned or otherwise problematic.

 

p.s. I agree with XF details.

 

VF, but I am skeptical if it is even genuine.


stainless

 

I guess I could weigh it? It came out of an incomplete set of morgans, in an old bluebook that probably hasnt been messed with in 10-50years... it was from a collector in old bluebooks, a few varieties of coins in the same style books.... some of the other morgans in this book look similar with the slight rainbow toning

 

IMO unless you think you can get at least an XF-40 from a TPG, pass.
And getting an XF-40 is marginal.
Tough call.

 

I would give her an EF 40 also the reverse has slit toning what I could see.

JOE

 

Maybe the images are just distorting the appearance of the coin but my gut tells me it's counterfeit. I say that because, on the obverse, in particular, the details are uniformly flat/weak, even though I don't see a lot of normal looking wear. But if it's genuine, it looks AU to me.

 

I agree. This coin is only worth sending in if you get a XF grade. If it graded in the VF range I don't think it's worth it...and I don't know if this will make an XF.

 

Thanks for all of your opinions.

Should I weigh the coin? (counterfeit might be made of silver too??) It's always possible its a counterfeit, but as I said I pulled this out of an OLD bluebook of partial morgans, from a person who'd been collecting them a long time, many coins show toning, so the toning may be disguising a little amount of wear on the obverse.

here's an NGC xf-40, to me the obverse looks worse, and reverse looks about the same. the ANACS is definitely worse but I know they are a 3rd tier group.

Thanks again for your opinions,

 

P.S. here is a better picture of the wear on the obverse.



I believe it has retoned over the years, the coin folder I pulled this from says copywrite 1958, and I received 3 other similar books (halves,peace dollars) from the same person, with some keys... ie. 1921 PDS halves, 1921 peace dollar(worn), 1895-O morgan, 78-cc (worn)& 91cc (worn)

I only mention this because its not like I bought it from a hongkong ebay dealer, i really get the feeling this set was put together 40 years ago or more... would they have been counterfeiting 92-S's back then?

 

IMHO, the OP's coin should grade at a technical grade of EF-45! It is quite possible that it might receive a bump up in Market Grade like the coins above have received.

Edited: Also, I see nothing about the coin that would make me believe that is a counterfeit!


Frank

 

Yes.

 

No I agree with Huntsman not a counterfiet just doesn't apear to be one

When i see the obverse of this coin in the different shot ,this coin seems to have some mint luster left and lite toning also, it can possible bring a AU50 grade now ,that I see the details a little better. That's the problem with photos never really could get an accurate grade.
JC

 

Awesome; thank you all again for the info! I think I will be sending it into PCGS along with a couple other coins of my fathers.

 

No

 

Why not?

 

Waste of money. Traci

 

If it's genuine, as long as it grades XF or better (which it should), to many people, it's certainly worth getting graded. What is your own value, below which you don't think it's worthwhile to pay to have a coin graded?

 

i would keep it raw we just graded it for him about an AU 50 with lite toning ,and it doesn't look like a counterfiet Now thats my opinion

JC