GTG: 1900 Morgan

The point is, that is the way grading currently stands in the hobby. Are present standards too weak, or were past standards far too harsh? It is an argument that cannot be won, as there is merit on both sides. Currently, TPG standards set the market value for the hobby, so it is like arguing with a cop, writing your parking ticket. There is no winning.

 

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More than what I would term a bag mark(s) such as a reed/rim ding or two or slight others. These are more than slight, IMO...primarily an obvious and not-so-small SCRAPE/ABRASION plus an open-wound scar. If it's the way you say it is, now...it didn't used to be. Understand it is what it is, but the 63/64 of today has become the 65 of yesteryear.

 

I hear you, buddy. But that's how they're grading for their market, today--which, coincidentally, they're also influencing with their marketing. And how do you beat that?

 

Seems, I was in a mood last night and feeling quite a bit honery.
Back in the day anything that had that big of a scar never made it to gem. I think of Gem and I think of near perfect, It is also what you and I have always been taught.
The so called market needs a correcting in my opinion.

 

I got a couple of Morgan's crossed when responding last night.
My opinions on Gem and Market grading are still the same. I would never be this lenient on this series.

 

You are grading a photo, not a coin. If you have not figured that Morgans have bagmarks, and even gem grade coins have them, perhaps you should avoid buying coins in the series. To get a Morgan with no observable bagmarks, you would have to buy one of the US mint reproductions issued in 2021.

 

Well I wouldn’t count on the crappy mint quality for perfect new ones either haha

 

64

 

Pretty rough room. Still, I’d say MS-65+

 

I'm thinking 65. Maybe a plus. Nice coin.

Made my guess before flipping to the next page and saw the reveal, so I happened to guess close to the TPG's grade.

As for the debate on the grading standards. For Morgan's, I've found the TPG's tend to be harder then other series. Presumably because, "so many Morgan's never say there way into circulation". As for the grading market needing an adjustment, I would agree but at the same time hasn't it continued to make adjustments since inception? Also as a series ages, the standards tend to soften, don't they? Such as pre 20th century coins. I would argue that the older a series becomes, the softer the grading standards become. Just MHO.

 

What's up with what appears to be possible wear of the hair above Liberty's eye. That raises my concern. Otherwise, everything else indicates MS-63 to me.

 

62

 

I called it a 64 because of the whack to the chin.