My first MS 66 morgan!!

Well sort of. I had a free shipping cupon to use on ebay. I found a 1900 O morgan . I could tell it was in a slab but no mention of grader. I thought with free shipping the price was right and if I got lucky it might be an O over CC. ( it isn't). Any way the seller stated in the auction that it could be AU or MS. When the coin arrived and I opened the package I started laughing. My very first SGS coin!! an ms66 1900 o Morgan silver dollar.
If the coin has not been whizzed I think it may go AU 58 or MS 63. Not a bad looking coin though.
Now to free it from that nasty slab.

 

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Don't tell me you're going to cut it out of a slab? WHY? It will list all your grading notes, keep it weather proof and allow you to sell it with a true grading that buyers wouldn't challenge! It will also help keep it where you can file it away safely.

Nah . . . you're joking! It juss occurred to me. Whew . . . you almost had me on that one! :mouth:

 

It was nice of the seller to give and honest oppinion on the grade, but it was a shocker when I saw that SGS on the slab. Not bad for $20 though.

 

How much can you get for melting the slab?

Any recycling value?

Just think of all of those plastics that have died needlessly just for SGS!

 

Regardless of the bullion rate, any 1900o coin in ms66 condition is well worth a couple hundred anyways. Since this isn't a key date, there's not a lot of big coin collectors that are looking for it but it certainly is one that will maintain its value over the years once it's been slabbed and identified. U did say this was an o and not an o over cc didn't you? o over cc is a key coin.

 

I would be inclined to keep it in the slab for convenience and storage and just add a label with my own opinion about the grade. It might also be a good demonstration or educational piece. The plastic doesn't know who used it or for what purpose, and shouldn't be punished because of circumstances beyond its control.

 

for 20$ you cant go wrong.

 

It is not an O over CC. If i get a chance I will get some pics or scans. No where close to 66 but if its untampered it may go 63. Not worth sending to a real grader though.

 

In my opinion, any morgan that's worth more than $40 is worth slabbing, if you plan on keeping it in good condition. The morgan you're talking about may well be worth $30-50. It's a border line call but what's $15 when you could upgrade your collection?

 

If it was whizzed you'll see 1000s of tiny uniform scratches made by the brushes as it was polished also it will have a very uniform look with no cartwheel effect .
rzage

 

I'll have to look under stonger magnification, I didn't notice any under 4X. It looks like it has good uniform luster just not real frosty. Kind of half way between frosty and dull luster.

 

Not whizzed then .
rzage

 

After all the perfect coins I have seen with an SGS grading slab...
well, let us just say, the coins might be as good as mint uncirculated, and probably not much more.
And, the SGS slab is easy to break open... teehee.
I actually found some very nice silver Roosies for my album.
And one very very nice Buffalo nickel.
But those are the only ones that came close to being an exception to their rules.
You might have lucked out and gotten a good Morgan they somehow missed.
jeankay

 

Here are a couple scans for what they are worth. Like normal they do not show the luster.

 

L E A V E I T S L A B B E D!!!!! :kewl:

 

The scans don't show them well, but this coin has some nice die crack around the edges.
A little bonus for me. I like the cracks like that.

 

for that coin i would leave it be. it will prevent it for any further damage. just know you got a great deal for $20:thumb:

 

A nice non whizzed coin ,:smile Enjoy it , nice deal .:hatch::hammer:
rzage

 

Thanks for everybody,s input, I appreciate it. :hug: :thumb:

( I still can't believe I own an SGS "graded" coin, oh the shame )