Guess the grade, my latest Morgan Dollar.

I don't specifically collect Morgan Dollars. Frankly I collect almost any type of gold or silver North American Coinage or bullion. Every now and then I get the Morgan bug and feel like buying one. So here it is. I'll post a couple of good pictures. After a few replies I'll put in what I paid for it and grades can be reassesed. Although you can't really judge by the price because I could have underpaid or overpaid. Have fun and thank you in advance for any feedback or comments.

 

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Ms63

 

I agree with MS 63 with a shot to MS64, if the cheek is not serious injured.

 

The pics look more like a painting, would prefer to see more background....I'll say MS-65. Is that toning on the reverse ?

 

Nice luster.......I'll say MS64.

Chris

 

64

 

MS63 but it has a lot of luster so it could've been bumped to 64
I just think the marks hold it back a grade for me. If Idhair said 64 I will concede to him he is far more knowledgeable.

 

Actually, I was going to call it a 63. When Chris pointed out the luster, 64 sounded right. It's a nice coin at either grade.

 

I would say strike was 63, but with the luster it got a 64. Nice either way.

 

I think MS62 due to marks on the face but TPG-graded as MS63.

 

MS-64, This coin was slabbed as MS-64 by PCGS and still has a reasonable amount of contact marks on the obverse, even some rim hits.

 

I was going to say 64 before the result was posted. It has contact marks, but they are very typical for a mid grade MS Morgan, and nothing excessive. Nice blast white clean coin--probably dipped at one time, but nice and clean looking.

 

I do think that they posted the result already.

 

Contact marks on the devices of a 63, luster of a 65. I'll say 64.

 

Have you checked under the tail feather for an E clash? it looks like there might be something there but i might just be seeeeing ghosts

 

What result? Where was the grade posted?

Chris

 

One of the problems I keep forgetting is that photos tend to show more distracting marks than a grader would normally see with the naked eye. If I had this coin in hand, I don't think the facial marks would look as bad.

Chris

 

64

 

I think the biggest problem I have with the Sheldon Grading System is that it's still not very specific.

For instance...bag marks. They are marks but they come from the coin being put in the bags upon being created by the mint. Unless a coin was individually removed/treated (very rare decades ago for business strikes, I think only proofs) you're gonna get them.

So I understand why they would be considered less bad than a circulated coin which takes some dings. But how many bag marks are tolerable before you fall below MS-65, the (unofficial) Gem dividing line ?

If a coin ONLY has bag marks, how many take it down from an MS-70 to an MS-69 ? 1 ? 2 ? OK....then how many from an MS-69 to an MS-68 ? MS-68 to MS-67 ? MS-67 to MS-66 ?

My experience is that the number INCREASES as you go lower -- which is OK -- but it's never been quantified.

How many bag marks is maintaining luster worth ? IOTW, if you still have your luster, can a few more bag marks be tolerated ?

If the bag marks are on the reverse or on parts of the coin that are less noticeable, shouldn't this count for more than a coin which has marks across the main device (say, Liberty's face) ?

 

Coinman, the 2nd set of photos is much more useful for grading purposes. The 1st batch looked like it came from a book...you can more easily see the coins luster and shine in the 2nd batch (though contact marks are a bit easier to see on the larger 1st obverse shot).