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Rare 1884 S Morgan Dollar MS Value?
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<p>[QUOTE="EdwardJ, post: 727873, member: 20518"]What Mark says above is true even though it is probably not what you wanted to hear. The wear is especially visible where the hair lines cover the top of the ear. To see this and know where to look you should purchase and study a book on grading coins. And then look at pictures of a perfectly struck coin to make comparisons. Don't get me wrong, you have a nice coin there. Just the price could be a little better. </p><p> </p><p>Another thing to look at. The coin trends in AU at $500 and in MS65 at $2500. With this coin apparently what makes it rare is how many have made it through to today in strictly uncirculated condition. Otherwise it appears to be a relatively common coin by judging price guides. Another thing to know about price guides or published trends is that they are often somewhat optimistic. Most dealers try to sell for less than trends. Another thing to which Mark did not mention is that just because a coin is certified by an independent grading authority does not make it generally accepted at that grade. Different slabbers will grade the coin differently and to different standards. </p><p> </p><p>The lesson to learn: Once burned...Lesson learned! Study grading coins for your self and check out the standards of the different grading services. Keep on learning every day![/QUOTE]</p><p><br /></p>
[QUOTE="EdwardJ, post: 727873, member: 20518"]What Mark says above is true even though it is probably not what you wanted to hear. The wear is especially visible where the hair lines cover the top of the ear. To see this and know where to look you should purchase and study a book on grading coins. And then look at pictures of a perfectly struck coin to make comparisons. Don't get me wrong, you have a nice coin there. Just the price could be a little better. Another thing to look at. The coin trends in AU at $500 and in MS65 at $2500. With this coin apparently what makes it rare is how many have made it through to today in strictly uncirculated condition. Otherwise it appears to be a relatively common coin by judging price guides. Another thing to know about price guides or published trends is that they are often somewhat optimistic. Most dealers try to sell for less than trends. Another thing to which Mark did not mention is that just because a coin is certified by an independent grading authority does not make it generally accepted at that grade. Different slabbers will grade the coin differently and to different standards. The lesson to learn: Once burned...Lesson learned! Study grading coins for your self and check out the standards of the different grading services. Keep on learning every day![/QUOTE]
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Rare 1884 S Morgan Dollar MS Value?
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