1904 Morgan AU-58?

Discussion in 'US Coins Forum' started by COOPER12, May 21, 2021.

  1. COOPER12

    COOPER12 Well-Known Member

    I am always looking for AU-58 when I can I like the cost and do not care if there is a tad bit of wear .
     
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    Very nice looking coin. I would grade her an AU-58. Looks like there are a few spots with a tiny amount of wear.
     
  4. Mr.Q

    Mr.Q Well-Known Member

    AU grade is nothing to fret about, it's the highest grade before MS quality. I'm a Morgan enthusiast and you have a very nice one, they are all keepers, in my opinion. Thanks for sharing your prize.
     
  5. COOPER12

    COOPER12 Well-Known Member

    I agree I search for 58 when I can . They are all hard to turn down
     
  6. cplradar

    cplradar Talmud Chuchum


    No it is not a continum. It is a discreet scale.
     
  7. eddiespin

    eddiespin Fast Eddie

    It's a continuum.
     
  8. messydesk

    messydesk Well-Known Member

    Nice coin! It looks AU58 to me. Do my white paper reflection test. Stand the coin (slab) on its edge on a while piece of paper, then look down at the coin and see how the paper is reflected off the luster. Chances are, you'll see a gray spot at the tip of the bust and front of the cheek where there's light wear.
     
  9. COOPER12

    COOPER12 Well-Known Member

    yep there is a very minor luster rub there. I paid AU-58 money and am happy to have her . I think she is lovely for a 1904 Philly
     
  10. eddiespin

    eddiespin Fast Eddie

    Now why don't they tell us these tricks in the Red Book? :)
     
    COOPER12 likes this.
  11. COOPER12

    COOPER12 Well-Known Member

    its a good trick I have used it a few times now.
     
  12. messydesk

    messydesk Well-Known Member

    You have to take my Morgan Dollar class at the ANA Summer Seminar to learn it. :D
     
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  13. eddiespin

    eddiespin Fast Eddie

    Yeah, but you already spilled it. What do you want me to do, forget it? :D

    Chief, did they get around to telling you this?

    upload_2021-5-23_22-16-12.png
     

    Attached Files:

  14. TheFinn

    TheFinn Well-Known Member

    That's what an AU58 looked like back in the olden days.
     
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  15. cplradar

    cplradar Talmud Chuchum

    No it is not. It is two distinct standards, one for MS and one for AU. and there is ZERO continuity between them. A coin that is MS69 and goes into cirulation drops to AU58 with a little wear. It does NOT go MS68 MS67 MS63, MS61 and then AU58
     
  16. eddiespin

    eddiespin Fast Eddie

    Wait a minute. What did you just do? My statement was "The grading scale looks like it's a continuum but it's hardly intended to be used as such." You took what I said, "it's a continuum," out of context, to argue the same exact point I was making, "it's hardly intended to be used as such."

    Do us all a big favor. Pay attention the next time, before you reply. You might even actually learn something that way. To wit, here's one definition of "continuum,"

    con·tin·u·um
    /kənˈtinyo͞oəm/

    noun
    noun: continuum; plural noun: continua
    a continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.


    Do you see that word, "perceptibly?" Do I have to supply you with the definition of that, too, before you can follow this? The grading scale is a continuum from 0-70. It's "a continuous sequence in which adjacent elements are not perceptibly different from each other." But they are different from each other, vastly different, in spite of the perception they're not, when they hit AU58/MS60, the demarcation between the grading tiers, Circulated and Uncirculated.

    Bottom-line, these two grading tiers, which indeed are distinct, are lumped together in a continuum. There's a lot of merging of the grading criteria governing these distinct tiers for that continuum, which should be kept distinct. And there's where grading is, these days, with technical grading. Throw in market grading and these tier-distinctions along the continuum become even the less distinct. And we've all seen the unfortunate consequences on our grades of that...
     
    Last edited: May 24, 2021
  17. cplradar

    cplradar Talmud Chuchum

    It is not a continium at all. It is discreet :( If I misquoted you, I apologize.
     
  18. eddiespin

    eddiespin Fast Eddie

    We're in the same place on grading, we just get there a little different.
     
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  19. cplradar

    cplradar Talmud Chuchum


    I only know Continuum as the place where the Q live...
     
  20. eddiespin

    eddiespin Fast Eddie

    Yeah, well, one has to live somewhere. They're a pretty harmless bunch, though. If, on occasion, they do give you trouble, you know the routine, text me on the transponder. I'll get one of the mods to beam you right back up here.
     
    Last edited: May 24, 2021
  21. messydesk

    messydesk Well-Known Member

    Grading is a continuum only in 4 dimensions -- strike, luster, surface preservation, and eye appeal. Surface preservation is additionally problematic because degree of contact marks and degree of wear are arguably continua of their own, with both coming into play in the AU range. The problem comes when we try to project this 4-dimensional grade into a single number to be used as a proxy for value.
     
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