Under-graded CC Morgan?

Discussion in 'US Coins Forum' started by Endeavor, Oct 2, 2018.

  1. Endeavor

    Endeavor Well-Known Member

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  3. physics-fan3.14

    physics-fan3.14 You got any more of them.... prooflikes?

    I think there is a lot of roughness on the cheek. It may make 64, but it isn't worth it. You'd have to be sure of a lock 65 to make it worth it, and that coin is not going to get a 65.

    The toning is also really weird - the reverse clearly shows improper rinse after a dip, and the long dark streak across the obverse is highly unusual and quite unattractive. It looks like more dip residue - almost as if someone tried to dip it but leave some of the toning to simulate a crescent shaped bag toning.

    It may be accurately graded, but with the roughness on the cheek and the super-odd toning pattern I'd stay away from that thing. You crack it out and resubmit and 50/50 you get questionable toning or some other sort of problem.
     
  4. SilverDollar2017

    SilverDollar2017 Morgan dollars

    I am not a huge fan of this coin....I'd want better pics of it before spending anything on it. As physics-fan mentioned, the toning is odd. Personally I'd stay away with the lack of good photos and the toning pattern, but that's just my opinion.
     
  5. green18

    green18 Unknown member Sweet on Commemorative Coins

    Not undergraded at all.......
     
  6. MontCollector

    MontCollector Well-Known Member

    Looks right to me. The toning isn't that attractive and looks to have a lot of hits on the cheek with some chatter in the fields.
     
    mark_h likes this.
  7. jtlee321

    jtlee321 Well-Known Member

    I'd have to agree with @physics-fan3.14 on his assessment. I love Morgan Dollars and I love these holders, but this is an instance where I would pass unless it sells in the $130.00 neighborhood. Even then, it's not one that I would keep in my collection.
     
    John Skelton likes this.
  8. kanga

    kanga 65 Year Collector

    IMO it's overgraded.
    Too much "noise" on the obverse, particularly on the cheek.
    But I'm known as a technical grader, not a market grader so that affects my opinions.
     
  9. chascat

    chascat Well-Known Member

    Overgraded...ugly toning detracts from value.
     
  10. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    I think the technical grade is accurate but the black veil across the obverse kills it for me. Pass as others noted...
     
    thomas mozzillo and jtlee321 like this.
  11. messydesk

    messydesk Well-Known Member

    Pass for me. I don't care about old holders, rather the coin inside, and it's not attractive. I wouldn't buy this looking for an upgrade unless I were sending it bulk, but it's just as easy to cherrypick a nice 64 for not much more money.
     
    jtlee321 likes this.
  12. heavycam.monstervam

    heavycam.monstervam Outlaw Trucker & Coin Hillbilly

    I believe the CAC sticker actually hurt this one.
     
  13. ddddd

    ddddd Member

    The picture isn’t the most clear (at least in terms of color), but the grade seems fine to me. It might even be a 64, but as mentioned already there isn’t much of a value difference between 63 and 64 for this date.
     
  14. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's labeled a 63 with a CAC but I'm at a 62 with no CAC. Just a little to much with hits and poor toning.
     
  15. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    I'll bet this coin looked a bit (lot) different when it was slabbed but I think physics nailed it with an improper rinse after a partial dip to emulate crescent toning. On the other hand the black veil was there when CAC looked at it, I guess they only judge technical grade with no regard for eye appeal.
     
  16. messydesk

    messydesk Well-Known Member

    Bottom line is that a CAC sticker means that they will honor their published MS63 bid price for the coin. That's it.
     
  17. TheFinn

    TheFinn Well-Known Member

    Looks right, but better are available in the same grade w/CAC. Toning does not add to appeal.
     
  18. STU

    STU Active Member

    not worth what the price is to much wear for me ugly coin
     
  19. Treashunt

    Treashunt The Other Frank

    ditto
     
  20. dwhiz

    dwhiz Collector Supporter

    63 seems right but may 64 today, but I would not crack it out of that nice old holder.
     
  21. Spark1951

    Spark1951 Accomplishment, not Activity

    I agree that the coin is ugly, but NGC certified it as MS63, meaning: no wear.

    It has many other problems, but "wear" is not one of them...Spark
     
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