I came across a place with four rolls of silver dollars. Each is in a plastic tube. They are all labeled "UNC". I checked two coins in one roll and they came from the same die (same clash marks, same die cracks). None of the dates are special, but they looked nice and seemed cheap. Even in high AU or low mint state, what would they be worth? 1922-D Peace dollars 1898-O Morgans 1884-O Morgans 1885-O Morgans They were marked $250 for the Peace roll and $360 for each of the three Morgans.
well the prices seem right, infact the peace dollars seem cheap. you could make a bit breaking them up.
On eBay, the Peace dollars are selling individually in MS63 for around $30 each. The Morgans are selling for around $38 each for MS63.
I may need a second job to get more cash. I bought the roll of 1898-O's. Here are some pictures. I want to go back and get the Peace dollars and the 84-O Morgans. Heck. I want them all. I wonder if they'll still be there in the summer when I get my tax refund? I'm getting better, but I don't know MS63 from AU55. What do these look like? As it turns out, ten are from the same die pair and are clashed heavily. Five others are from another die pair and are clashed, and the remaining five are not clashed and need to be checked out. They are VAMs. I'll post in the Errors section. What grade do you think these are?
I would say at least MS63 possibly MS64. Looks like there's some nice toning starting also - often that commands a premium if it's attractive. The New Orleans Morgans are some of the hardest to grade because the strike tends to be weak. What appears to be wear in the hairlines over the ear is often just a softer strike. I have also seen quite a few that are MS where the breast feathers haven't been well-struck. The best way to tell is to look for rubbing on the high points that may indicate wear.
ok i need to get me a book on grading, cause i would have said they were about au+ because of the cheek marks.
Coins with far more marks than those coins can still be graded as mint state. Bag marks, or the lack of them, definitely impact the grade. But they do not preclude the coin from being mint state. Only wear can turn an uncirculated coin into a circulated coin. Something that many do not realize is that mint state coins can be pulled right out of a cash register at your local store.
Here are two more coins. The one on the left is probably one of the better ones; the right is one of the worse. On the right one, I love the toning on the reverse... but the obverse has some bag marks. I liked the roll so much that I went back today and picked up the 1884-O Morgans too!!!
Wow! The one on the left has to have one of the nicest New Orleans strikes I have ever seen. What a find I see this coin as a definite MS65 at least, possibly MS66. I think I'd send that one in if I were you.
I've been wearing gloves when handling these coins (something I rarely do). The edges are coated with a mustard-yellow color dust. It's coming off on the gloves. I assume it's some kind of oxidation. The coins were in a plastic tube in a lighted display case in an antique store. Don't know if they were put in the tube last year or twenty years ago. What is that stuff? Should I be worried about it?
Strictly my opinion - there is a large ding at the base of the neck and a few too many marks in the fields and the devices of the obverse for 66. But the reverse is gorgeous !!
Hard to say for sure - but since the "stuff" is yellow - and the coins have yellow/gold toning - 2+2= ?? If nothing else - I would blast each coin with some canned air - obv, rev & edges. But be sure to use canned air with no alcohol and hold the can fully upright when spraying so that no liquid is sprayed on the coins. And get them out of that tube and into holders !
