Ya’ll be gentle now 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 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..
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.
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.
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.
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.
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.
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?
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.
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.
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?