Opinions on grade of this morgan dollar?

Discussion in 'US Coins Forum' started by zaneman, Dec 14, 2005.

  1. zaneman

    zaneman Former Moderator

    I just purchased this one. It appears to be uncirculated to me, and I will guess an ms-62+. I'm still new to grading, so any opinions are great.

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  3. Midas

    Midas Coin Hoarder

    I would grade it at least MS64/65 based on your photograph. Breast feathers are nicely struck and the hair above her ear is well defined. I don't see hardly any bag or distracting contact marks so you have a nice coin from the last year Morgans were circulated.

    Look at the cheek area. If it is free of marks and such, that is good. I also concentrate on the hair just above her ear. Again, it is not worn and well defined, the better. On the reverse, I look immeidately at the breast feathers and have the same rules...well defined, well struck, all the better.

    Last but not least, I look at the clear fields where there is no pattern for bag and contacts marks. The lesser the contact marks, obviously, the better.

    FYI...You have to understand that differant mints had differant standards. For instance, New Orleans changed their dies less frequently and many of their coins were weakly struck and less defined than say, San Francisco which produced some of the best stuck Morgans around. So...what would deem a MS65 grade for New Orleans may only grade out MS63 for a San Francisco minted coin. Many Morgan collectors can simply look at the coin and tell where it was minted without even looking at the reverse for the mint mark.

    How is the luster? The better the eye appeal, the better.

    Want to know more about Morgan dollars? The best book for that is "The Offical Red Book of Morgan Silver Dollars" by Q. David Bowers. It is a must for any Morgan dollar collector.
     
  4. zaneman

    zaneman Former Moderator

    Thanks for the info midas! I try to guess conservatively on my grading, as the grading experts here often say I am guessing too high, but hopefully like you suggest, in this case, too low. I only paid 20 dollars for the coin, and I am happy with it no matter what the grade.
     
  5. zaneman

    zaneman Former Moderator

    I just got the official red book of morgan dollars at barnes and nobles after I took my stupid biochemistry final! I'm eager to start collecting these now that I have completed my barber dime collection.
     
  6. zaneman

    zaneman Former Moderator

    I guess most people haven't seen the dollar since the pictures aren't loading. : (
     
  7. Cloudsweeper99

    Cloudsweeper99 Treasure Hunter

    The pictures look fine. That's a great coin for $20! You'd better go back to the same place and see what else is lying around for $20.
     
  8. zaneman

    zaneman Former Moderator

    I actually bought it on ebay. The guy had a bunch for sale, and they were all the same price, and he says the coin in the picture is the one you are bidding on. This one was definitely the nicest, so I bought it for 20 dollars. :)
     
  9. bigdog69

    bigdog69 Member

    Mighty fine looking Morgan Dollar you got there Zane!! for twenty bucks you can't go wrong with that
    PS what Guy????LOL
     
  10. zaneman

    zaneman Former Moderator

    The sellers name is silversmith25. All of the morgans that are left aren't nearly as nice as the one I got. When I get it I'll post some better pictures, but I definitely think it looks extremely nice from the pictures.
     
  11. SuperDave

    SuperDave Free the Cartwheels!

    I'd call it a solid 64, depending on the mark on the cheek. However, photography can be pretty selective in terms of the details, overstating some marks while omitting others depending on light. I think $20 was a fair price for that coin. You might also want to look at it for VAMs - here's a link to some more info:

    http://www.rjrc.com/vams/photo.htm
     
  12. zaneman

    zaneman Former Moderator

    Thanks superdave! I think I found my newest coin collecting hobby.
     
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