1904 Morgan AU-58?

I guess I can kind of see it maybe but figured I would ask your alls opinion,
I do not see wear at all in my opinion.Even tilting the coin I do not see much for luster break at all . Maybe a tad on the cheek but it looks like a little cabinet rub if anything.
Closest MS Au-58 I have thats for sure. Well maybe tied with my 1889 o Vam 20a I think is uncirculated ,

I included seller pics and my pics

 

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I don't think I'd worry about it. Most AU58's look a lot better than most MS61 or MS62, anyway.

 

I can agree with AU-58

 

I just dont see the wear , any shadowing on the coin is from the camera lighting

 

All that "action" in the fields usually results in AU designation.

 

On the right day I can see it as a MS60.

 

Agreed!

 

the funny thing is in hand it looks almost MS-63 or MS-62+ . Less field action than a 62

 

AU 58 looks good. There is slight wear on the high points, especially the eagle’s breast. Just slight rub, but enough to make not MS. Also, the marks in the fields clinches a net grade of AU. Nice coin.

 

There is a little bit of wear on the high points, not much and it's not very noticeable but any amount of wear technically makes it an AU coin since MS is uncirculated...and it's not uncirculated if there is any wear on it.
Very nice tho!! I prefer my Morgans to have seen at least a little circulation, I like the flashy, MS ones but they're just not as appealing to me as a nicely worn/used example

 

I didn't think "field action", i.e. bag marks, were a determining factor re: AU vs Unc. It's a little hard to see the luster on the cheek.

 

They're irrelevant in AU. These guys are grading for their market, however, and how they perceive it, i.e., as smart or stupid. And we can even guess that, by the corners they cut in their grades.

 

Tiny, tiny bit of wear on the wingtips, look and see...

 

I don't think it would go from an AU58 to an MS60. The quality of an AU58 should translate to a much higher MS grades, if it IS MS.

 

Yes. MS contemplates a whole new set of grading standards and a whole new grading inquiry for it. The grading scale looks like it's a continuum but it's hardly intended to be used as such. AU58/MS60 is the line of demarcation. It's a bright line. I'm surprised so many even seasoned collectors have it so fuzzy. It's like they bypassed arithmetic in grade school.

 

grading is a paid opinion of what the graders think the coin gets, sometimes a coin get MS grade and sometimes it doesn't all depends on how the graders sees the coin

 

Look at a bunch of 64, 63 , 62s and see what made the grade and compare what you see to this one. Luster plays a role in it too. There’s a very broad range in luster quality on these. The difference between an AU-58 and a 62-63 is huge and is often amazing what they give “only” a 63 to at times. This one doesn’t have that booming luster which is common.

Have to say it does appear to be a very high quality AU-58 though.

 

And I can add two and two and get five, and that's my opinion. So much for their grade opinions when they're cutting the corners they're cutting on the traditional grading standards...

 

when you tilt the coin there are no luster breaks on the wing. Just a smidge on the cheek and I assume thats why it got the AU Grade . To me its more from cabinet rub than circulation but ohwell I paid AU-58 money for it and its nicer than many MS 1904 which can be dogs

 

You ought to know best. I'd think any intelligent bidder though would immediately know that's mid-MS on any given day, I really do.