What's so special about this Morgan?

Discussion in 'US Coins Forum' started by LA_Geezer, May 31, 2020.

  1. LA_Geezer

    LA_Geezer Well-Known Member

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  3. GeorgeM

    GeorgeM Well-Known Member

    It's a semi-key date due to the low-ish mintage & high melting rate around that time.

    Looks like the buyers estimated it to be at least AU55:
    Check out this 1894-O $1 on PCGS CoinFacts! https://www.pcgs.com/coinfacts/coin/detail/7230
     

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  4. kanga

    kanga 65 Year Collector Supporter

    It appears to be AU and, if so, that's a reasonable price.
    I don't collect Morgans so for all I know it could be a better VAM.
    But if you looked at the bidding there was one person who was absolutely going to win that coin.
    Newbie caught up in the action maybe?
     
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  5. johnmilton

    johnmilton Well-Known Member

    It is a smooth AU with no big marks. It remains to be seen if it gets a straight grade if it were to be certified. The luster is dull, and the surfaces have been rubbed by something more than circulation.
     
  6. Nick Zynko

    Nick Zynko Supporter! Supporter

    Cleaned but a nice clash mark on the bridge of Liberty's nose! That may be the appeal.
     
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  7. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    It is a difficult date, just like all of the 1893, 1894, and 1985s are. It is definitely cleaned—hairlines from cleaning are very visible on the devices on obverse and reverse. I would agree with AU details, and that is why it went for a reasonable price. Try to find a nice looking, certified 1894o at a reasonable price. They can run easily into mid 3 figures.
     
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  8. messydesk

    messydesk Well-Known Member

    Looks like a low grade AU. Buyer probably thinks 55-58.
     
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  9. LA_Geezer

    LA_Geezer Well-Known Member

    Thanks...my thoughts exactly. I wanted to see where this one would end up, but I didn't give it a second thought otherwise.
     
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