Hi guys, I have a small Morgan collection which has some duplicates. I was thinking of trading and selling the dups to "try" to complete the set. Most of these Morgans are in UNC condition or better but I've never had one of them graded. Would appreciate your opinion on the grade of this 78 CC as it's fairly typical of my dups. I'm also curious to know if it's worth sending this off to NGC or PCGS to be stabbed. Or maybe the better question is at what grade does it become worth the slab. Thanks in advance for your opinion.
Hard to tell what it grades due to the lighting, but I’d spitball it at 63. That would put it at about $350 or so raw.
Welcome to Coin Talk. Nice Coin for sure. Value is the main reason to slab a coin. IMO. The grade of a coin is not always a factor nor reason to have a coin slabbed. I think your coin would do well in resale if it was slabbed. Mintmark is the value on that coin. Getting anything slabbed at this time will require patience on your part.
Thank you for the responses. I'm still learning this hobby while trying to teach my kids about collecting (and not spending) coins. I have mostly collected pocket change and sifted the occasional bank roll in my younger years. The morgans were gifted to me 30 years ago and remained locked away in tubes. Paul - thanks for your value estimate. I've never photographed a coin before and agree it needed more light. My flash was leaving a bright reflection off the coin so I will experiment with other light sources here at home.
I'd be patient and have the coin graded in due time. It's nice looking. Probably about$250-$300 as is.
Definitely worth the cost of grading. I agree with @Paul M. On the raw value. If slabbed I can see it going MS64 and worth quite a bit more.
