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<p>[QUOTE="David Betts, post: 6517145, member: 110362"]This thread should cover basic concepts of grading the Morgan Dollar, from grade Poor 1 to MS69. I will be using the knowledge I have, photos from Heritage, and the grading standards of the ANA to point out what the coins graded and why they graded the way they did. This thread will stick to one grading company, PCGS, to maintain consistency in grading within one company.</p><p><br /></p><p>In this thread I will try to remain with one date, I will try to get 1893-S for the lower grades, as that is a coin that is available in lower grades. For higher grades, you will start to see a bigger variety of dates.</p><p><br /></p><p>AHere are the photos of the coin;nd once again all photos are courtesy of Heritage (<a href="http://www.ha.com/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.ha.com/" rel="nofollow">www.ha.com</a>)</p><p>Without further adieu, let the grading begin.</p><p><br /></p><p><br /></p><p><br /></p><p>PO-1 - With a Poor 1, at most times, the value of the Morgan is melt value. (Depends on mintage/supply/demand) The date of the coin, and you being able to tell the coin is a Morgan Dollar, and possibly the mint mark can be identified.</p><p><br /></p><p>Here is an example of a PO-1 coin, graded by PCGS.</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=371&Lot_No=67963#Photo" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=371&Lot_No=67963#Photo" rel="nofollow">1886-O PCGS PO1</a></p><p><br /></p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/1Obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/1Rev.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>As you can see not a lot of the details of the coin are visible, but the type of coin, date, and mint mark are.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>FR-2 - With a Fair 2, the coin is mostly worn. Some of the details that weren't able to be seen in a PO1 coin will be visible in a FR-2 coin.</p><p><br /></p><p>Here is an example of a FR-2 coin, graded by PCGS.</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=23092&Lot_No=14074" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=23092&Lot_No=14074" rel="nofollow">1879-CC PCGS FR-2</a></p><p><br /></p><p>Here are the photos of the coin;</p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/2Obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/2Rev.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>As you can see the coin is still worn, but some details can be seen better in this coin. Some letters in Liberty are beginning to be legible, and some stars are worn, but can be seen. Parts of the curls in the hair are beginning to come defined as well. Also in contrast to the PO-1 Coin this coin has some detail in the cap as well.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>AG-3 - With an About Good 3, the rims will still be worn but more lettering will be legible than the first two grades. The obverse should have an outlined head, with the details still being worn away, the date, just like the first two coins, should be seen and legible. For the reverse, the entire design is partially worn away, like that of the other two coins, with better details.</p><p><br /></p><p>Here is an example of an AG-3 coin, graded by PCGS.</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=27021&Lot_No=13470" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=27021&Lot_No=13470" rel="nofollow">1893-S PCGS AG-3</a></p><p><br /></p><p>Here are the photos of the coin;</p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/3Obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/3Rev.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>Some separation can be seen in the curls of the hair, the cap has more detail and Liberty is nearly complete, and also the rim and the rest of the coin are separating themselves more, but still no detail on the rim.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>G-4 - With a Good 4, you will begin to see the peripheral lettering to be complete. The Obverse should have a full rim, and have the date, letters and design clearly outlined. The reverse should have the rim full as well, and design elements must be visible.</p><p><br /></p><p>Here is an example of a G-4 coin, graded by PCGS.</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=444&Lot_No=2402" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=444&Lot_No=2402" rel="nofollow">1893-S PCGS G-4</a></p><p><br /></p><p>Here are photos of the coin;</p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/4Obv.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><img src="http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/Rev4.jpg" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p>You are beginning to see the details of the wheat and cotton leaves, the cap and hair curls are getting more defined. The eagle is getting more feathers defined, and the lettering is bolder and clearer.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>G-6 - With a Good 6, you will have a slight increase in the amount of details, the peripheral lettering continuing to be full, and the rim being complete.</p><p><br /></p><p>Here is a a G-6 coin, graded by PCGS.</p><p><br /></p><p><a href="http://coins.ha.com/common/view_item.php?Sale_No=402&Lot_No=1134" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=402&Lot_No=1134" rel="nofollow">1893-S PCGS G-6</a>[/QUOTE]</p><p><br /></p>
[QUOTE="David Betts, post: 6517145, member: 110362"]This thread should cover basic concepts of grading the Morgan Dollar, from grade Poor 1 to MS69. I will be using the knowledge I have, photos from Heritage, and the grading standards of the ANA to point out what the coins graded and why they graded the way they did. This thread will stick to one grading company, PCGS, to maintain consistency in grading within one company. In this thread I will try to remain with one date, I will try to get 1893-S for the lower grades, as that is a coin that is available in lower grades. For higher grades, you will start to see a bigger variety of dates. AHere are the photos of the coin;nd once again all photos are courtesy of Heritage ([URL='http://www.ha.com/']www.ha.com[/URL]) Without further adieu, let the grading begin. PO-1 - With a Poor 1, at most times, the value of the Morgan is melt value. (Depends on mintage/supply/demand) The date of the coin, and you being able to tell the coin is a Morgan Dollar, and possibly the mint mark can be identified. Here is an example of a PO-1 coin, graded by PCGS. [URL='http://coins.ha.com/common/view_item.php?Sale_No=371&Lot_No=67963#Photo']1886-O PCGS PO1[/URL] [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/1Obv.jpg[/IMG] [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/1Rev.jpg[/IMG] As you can see not a lot of the details of the coin are visible, but the type of coin, date, and mint mark are. FR-2 - With a Fair 2, the coin is mostly worn. Some of the details that weren't able to be seen in a PO1 coin will be visible in a FR-2 coin. Here is an example of a FR-2 coin, graded by PCGS. [URL='http://coins.ha.com/common/view_item.php?Sale_No=23092&Lot_No=14074']1879-CC PCGS FR-2[/URL] Here are the photos of the coin; [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/2Obv.jpg[/IMG] [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/2Rev.jpg[/IMG] As you can see the coin is still worn, but some details can be seen better in this coin. Some letters in Liberty are beginning to be legible, and some stars are worn, but can be seen. Parts of the curls in the hair are beginning to come defined as well. Also in contrast to the PO-1 Coin this coin has some detail in the cap as well. AG-3 - With an About Good 3, the rims will still be worn but more lettering will be legible than the first two grades. The obverse should have an outlined head, with the details still being worn away, the date, just like the first two coins, should be seen and legible. For the reverse, the entire design is partially worn away, like that of the other two coins, with better details. Here is an example of an AG-3 coin, graded by PCGS. [URL='http://coins.ha.com/common/view_item.php?Sale_No=27021&Lot_No=13470']1893-S PCGS AG-3[/URL] Here are the photos of the coin; [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/3Obv.jpg[/IMG] [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/3Rev.jpg[/IMG] Some separation can be seen in the curls of the hair, the cap has more detail and Liberty is nearly complete, and also the rim and the rest of the coin are separating themselves more, but still no detail on the rim. G-4 - With a Good 4, you will begin to see the peripheral lettering to be complete. The Obverse should have a full rim, and have the date, letters and design clearly outlined. The reverse should have the rim full as well, and design elements must be visible. Here is an example of a G-4 coin, graded by PCGS. [URL='http://coins.ha.com/common/view_item.php?Sale_No=444&Lot_No=2402']1893-S PCGS G-4[/URL] Here are photos of the coin; [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/4Obv.jpg[/IMG] [IMG]http://i605.photobucket.com/albums/tt136/tmoneyagles_coins/Morgan%20Thread/Rev4.jpg[/IMG] You are beginning to see the details of the wheat and cotton leaves, the cap and hair curls are getting more defined. The eagle is getting more feathers defined, and the lettering is bolder and clearer. G-6 - With a Good 6, you will have a slight increase in the amount of details, the peripheral lettering continuing to be full, and the rim being complete. Here is a a G-6 coin, graded by PCGS. [URL='http://coins.ha.com/common/view_item.php?Sale_No=402&Lot_No=1134']1893-S PCGS G-6[/URL][/QUOTE]
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Am I still Morgandude? Sold my 1893s
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