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Crackout candidate?
gemseeker
Posts: 276 ✭
This auction mentions a topic that I have read and has been talked about a lot. The coin was net graded by SEGS as MS-60 and appears to have a rather dark stain on the reverse side (which they said was from a dip). The seller says that the coin can be cracked out and resubmitted and you might get a MS-63. A jump to MS-63 would command a high premium. The seller also notes that coin went from a MS-62 down to the MS-60. The price appears to be a reasonable even it was AU at its current price. If the coin can vacillate between MS-60 to MS-63 especially for a rare series as this coin, that seems to be too much of a wide variance for this coin and you can be on the winning or losing end in a very short time.
1901 Morgan
1901 Morgan
Recommended reading - The PCGS Guide to Coin Grading and Counterfeit Detection and The Coin Collector's Survival Manual and NCI Grading Guide
For the Morgan collectors - The Morgan and Peace encyclopedia by Van Allen and Mallis
What would your slabbed coins be worth if the grading services went out of business? What would your coins be worth if the Internet was taken offline for good?
For the Morgan collectors - The Morgan and Peace encyclopedia by Van Allen and Mallis
What would your slabbed coins be worth if the grading services went out of business? What would your coins be worth if the Internet was taken offline for good?
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Comments
That is a huge problem coin, its been harshly cleaned and looks awful, especially the reverse which has really been badly messed with. This coin should sell at a huge discount to even an AU piece IMO.
Dragon
Dragon
There no skin left to that coin@#!#*&?!@