1901 P Morgan XF45, thoughts?

Spartcom5

Hey guys, again sorry in advance for bad pictures. These slabs I have been buying coins in are horrible... Anyways I picked this 1901 P XF45 NGC for $75. I thought it was a fair deal. The coin itself has a nice original patina. I have never owned or looked at an XF45 before so I wanted to know if you guys agreed on the grade? IMO I think it is a fair grade.

david3142

I don’t like the big scratches but the color is decent and it has the right amount of detail for an XF45.

blitzdude

Double and triple check to make sure it's not Russian or Chinese. If it ends up being legit (which it could be) I'd put it more in the VF35 category.

thebeav

That looks like an XF all right. I don't see a problem with the grade.

BillJones

The coin is genuine and is properly graded in my opinion. Some of the "scratches" you see are surface toning marks. They probably would not come out if you tried to dip this piece, but why would you do that? The coin is a circulated example of a date that is scarce in truly Mint State condition, that was often made with indifferent luster.

This the look that a moderately circulated silver coin with original surfaces can often have. There is nothing wrong with it, if you are truly interested in coins that have not been "enhanced," this is the look you should learn to admire.

Cougar1978

Don’t question grade but - No go for me from what c - Is that scatch / problem cheek and in field - not a coin have interest in. Perhaps if saw sight seen might feel differently. I believe the seller may have dumped it off hence the low price you paid below bid. Regardless this issue a better date and should fill hole for now. At least u got it below bid not hardly downside

Nice Morgan better date dollars in XF45 to AU58 have been good sellers for me at shows. Many are working on sets VG- MS65 depending on affordability. Filling the hole is main goal of buyers. Peace Dollars more doable goal. I am constant looking for nice better date dollars in VF-AU or in higher grades if under $300.

I would not dismiss nice common issues in higher grades like MS63-64 to fill holes these seem like bargain right now. If silver goes back up to $50 fantastic investment double play!

ricko

I would rate it closer to 40, however, in hand, 45 would not be a surprise.....Cheers, RickO

Hallco

XF graded Morgans can look nice or can be downright horrible at times. This one I think is nicer than usual and I love the original surfaces! Congrats!

messydesk

First of all, don't take this the wrong way. There are two types of XF45 -- those that could pass for AU53, and those that look like this one. It's not a bad coin, it's just not the XF45 I'd want. That said, looking at the CoinFacts auction history, you got this for middle-of-the-road XF40 money, so you did fine. I'd take a look to see if there's removable crud that is adversely impacting the eye appeal.