This is the 3rd of the three Morgan CC's I need y'all to opine on grading. 1885-CC Morgan, should I send it off for entombing?
This is the first one with a yes. The value on this one is high enough that even at a 61 or 62 (my best guess based on pictures), you should get it certified. The reverse on all of these has been 2-3 points higher than my overall guess, but the obverse is the grade driver. I'd put the reverse on this one at a 65+, but the obverse appears no higher than 62. Even still, that's an $800 coin, no brainer for submitting.
Here I offer pretty much the same opinion as on the 81-CC-better date but it depends on if you plan to sell it and what offers you get while it is raw. Recent eBay results show a relatively tight range of 800-900 for both raw and slabbed examples (up to MS 63).
I'd send it to CACG or NGC for a strap. The value is high enough that it's justified. Even if the difference between 62 and 64 values is low, getting it graded 62 shuts down the MS60 lowball offers. If nothing else, you're increasing its liquidity.
For sending it to grading, it depends on what you paid for the coin. To me, it looks MS-63, but grading services might disagree. I might send it to VSS to get those die cracks examined. Of course, that is just my opinion, but I personally love die cracks.
Entombing? Uncle San did that for you several decades ago. TPG’ed? You mean grading. Number three may struggle to make MS63. Unless the coins are going to grade MS65 or better grading will not add any extra value. The $160 you will spend on grading these three puts you closer to a fourth GSA. Spend your coin dollars wisely. JMO
I went to my Grey Sheet and confirmed that the 1885-CC is a better date in the GSA holder. In the lower levels of Mint State, the bid is $840 - $850 in the GSA holder. The bids are lower than that in all Mint States grades up to and including MS-64. It is a special coin in that holder. The coin would have to grade MS-65 to make a crack out a good move. There is no way it’s going to make MS-65.
