Scrap metal or the 90% Silver content

Discussion in 'What's it Worth' started by Gold Hat, Apr 17, 2022.

  1. Gold Hat

    Gold Hat Life’s to short for rotgut whiskey and ugly coins

    Ya’ll be gentle now :p Still considering getting it graded. Only reason it’s an 8 feather first year issue Morgan with a low 749,500 mintage.

    It is a very flashy, bright 49976A5E-65C1-42C6-999A-DFBA5C3603D6.jpeg E25D9B05-D0A1-491D-8E40-75A311FFB076.jpeg coin. It has light wear and one bag mark that I can see. Wear on Eagles breast and inner right wing.

    I would give it an VF20, maybe an EF-40. At that grading I believe it to be worth about $95.

    Saying all that I think its at least more than melted down value.

    Thanks for any feedback..
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. potty dollar 1878

    potty dollar 1878 Well-Known Member

    VF details it has been heavily polished,not worth certification and a little over melt if selling.
     
    Gold Hat likes this.
  4. ldhair

    ldhair Clean Supporter

    It's tough to understand the coin from the images. I would not send it in. The fees would be too much. I feel it would come back in a details holder.
     
    Tater, Randy Abercrombie and Gold Hat like this.
  5. Gold Hat

    Gold Hat Life’s to short for rotgut whiskey and ugly coins

    Confusing answer. So a VF grading would indicate it has been polished?
    It’s never been polished for as long as I know. I have owned it for 30 yrs. It has been dipped in acetone, rinsed never wiped but patted dry.
     
    Last edited: Apr 17, 2022
  6. potty dollar 1878

    potty dollar 1878 Well-Known Member

    Ok just saw your thread that explains the new appearance so ignore the polished part.What VF details means is it has VF sharpness but your coin has causes that eliminate a straight grade.
     
    Gold Hat and SensibleSal66 like this.
  7. expat

    expat Remember you are unique, just like everyone else Supporter

    The grade it was given would be followed by the word Details and the reason.
    There is a large, deep scratch at 3K on the obverse, and cleaning hairlines on the cheek.
    A grade without details would have a better re-sale value, but your coin is not worth the expenditure to have it graded, unless you want to protect it because of sentimental reasons.
     
    Randy Abercrombie and Gold Hat like this.
  8. SensibleSal66

    SensibleSal66 U.S Casual Collector / Error Collector

    Always working hard. I agree VF Details! Cleaned at some point. Personally, not worth having graded.
     
    Gold Hat likes this.
  9. Gold Hat

    Gold Hat Life’s to short for rotgut whiskey and ugly coins

    So a coin can be graded without details?
     
  10. expat

    expat Remember you are unique, just like everyone else Supporter

    A coin graded without details is called a straight graded example. When a coin has visible problems such as cleaned, damaged, altered surfaces etc. it is then given a details designation.
     
    Gold Hat likes this.
  11. Dynoking

    Dynoking Well-Known Member

    I think the lines on her cheek are a scrape not from cleaning. Combined with the scratches at 3 and 9 o’clock I don’t think it will straight grade. You’ve had for 30 years. Why not put in a 2x2 flip for protection and enjoy as is?
     
    Gold Hat and ifthevamzarockin like this.
  12. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    Doubt it would straight grade, but any 1878 8TF Morgan is worth more than "junk" prices. Nothing wrong with just keeping it in a flip and enjoying it as is.
     
    Randy Abercrombie and Gold Hat like this.
  13. Gold Hat

    Gold Hat Life’s to short for rotgut whiskey and ugly coins

    Yep, that’s my intention. The scrapes on the cheek I don’t believe are from cleaning. But, it does have a few other issues.

    Regardless, nice silver coin with a lot of history. It’s a keeper.
     
    Randy Abercrombie and Dynoking like this.
  14. Gold Hat

    Gold Hat Life’s to short for rotgut whiskey and ugly coins

    Thanks for the heads up.
     
  15. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    Is it just me? I have tried blowing this up and I cannot detect any mint luster in the fields. And in reality, mint luster will define the coins ability to straight grade. Now I am first to acknowledge that luster can be difficult to capture in a photo. But there is something going on in the fields of this dollar that is not mint luster. And always keep in mind that previous generations of coin collectors found it perfectly normal to polish up their prized coins. It was simply considered a perfectly acceptable thing to do…. OP, can you detect any luster with the dollar in hand?
     
Draft saved Draft deleted

Share This Page