On to the next questions. I have a sheet of 20 Morgan Silver Dollars 1878 P 1878 S 1879 P 1881 S UNC. 1881 O 1883 S 1883 O 1884 S 1885 P 1884 O UNC. 1885 S 1885 O UNC. 1889 P 1889 O 1890 P 1890 O 1896 O UNC. 1897 O UNC. 1898 P UNC. 1899 O UNC. These were purchased from and estate sale in 1964. They were already in the flips and had the dates, and grade on them at that time. Are any of these worth the cost of professional grading? What is the charge for professional grading? I am not interested in selling these coins, but want to keep them in the best possible condition. I have attempted to add pics with no luck, if you want to see them leave a personal message and we can try that avenue.
Georgia - You have several there that depending on condition could be worth several hundred dollars. So yes - some of them may be worth slabbing. If you'd like to send pics - gdjmsp@qwest.net
Well Georgia, Our moderator is quite correct again. Does this seem to be a pattern or what? A few dates jump out. 1883-S 1884-S 1896-O 1897-O All of these should be handled extremely carefully and viewed by someone that truly knows their coins. The two "S" coins may or may not carry much of a value depending on how much wear that they have. The two "O" coins if Uncirculated are worth having certified. I suggest that you have them submitted to a grading service through a dealer. This way the dealer will have the opportunity to make sure they are uncirculated and have not been harshly cleaned. Good luck, and great find.
Georgia, all of the Morgans you have are worth putting in some new inert holders even if you don't have them looked over right away by a dealer prior to sending the better ones to a grading service. Since you mentioned that they're in flips that they were in when you got them 40 years ago, they might be at risk for PVC adhesion damage. I'd put them all in airtites or at least new cardboard 2x2s if they were mine. Those old vinyl flips can deteriorate and leave an acidic residue on your coins.
Georgia sent me pics of a few of her coins last night. They appear to be in mylar 2x2's. If so - they're safe for now Georgia.
I have looked at them again and they seem to be in good shape. I am not certain what the material of the flip is, but they do not appear to have any residue forming on them.
After hearing from GDJMSP, I believe that your coins are fine. Replacing flips is a pretty inexpensive thing if at all necessary.
reply Check out the PCGS price guide and judge for yourself. http://www.pcgs.com/prices/frame.chtml?type=date&filename=morgan_regular If the prices for that year and mint around the ms-63 state are $200 or higher, and the coin appears to be in uncirculated condition, then it may be worth the cost of grading. It runs about $30 a coin through ICG and PCGS. ICG has a much cheaper membership fees than PCGS, and a quicker turnaround time............but PCGS sells for a bit more. So only a decision you can make.
mhinchley - As price guides go - the one on PCGS's site is about as inaccurate as they come. Of course no price is completely accurate - all they are for is to provide a "guideline" - an estimate. But to give you an idea - David Hall himself sells coins in PCGS slabs that are often priced at less than half what his price guide says they are worth.
Sure pcgs price guides are not real world prices, well not always. It depends what particular coin we are talking about. I am just stating a cut off point for a newbie to the craft. A guideline, and you learn as you go. After sumbitting a few coins and seeing what they grade at, you'll gain experience and be able to better judge in the future. Have to start somewhere. But definately don't send a $50 dollar coin in to have it graded. You'll pay more for the grading/slab, then you could ever get for the coin in your lifetime.
