Home U.S. Coin Forum

Just a neat gold shield Morgan I picked up. 1896 O Au50

Spartcom5Spartcom5 Posts: 398 ✭✭✭
edited August 15, 2018 9:29PM in U.S. Coin Forum

May not be the most expensive coin but I have grown fond of these original patina Morgan dollars. Found this for $88 which is tad more than what I wanted to pay but regardless bought it anyways! Seems to be a tilted O Vam. Any idea which one?

Comments

  • david3142david3142 Posts: 3,582 ✭✭✭✭✭

    Looks like a solid original coin, and many AU50s are obviously cleaned. $88 is a fine price. Nice pick-up!

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Nice old Morgan... the O - when enlarged - looks as if it may be an RPM...could also just be accumulated crud... Check it out. Cheers, RickO

  • dmwestdmwest Posts: 959 ✭✭✭✭

    Nice Morgan!

    Don't quote me on that.

  • johnny9434johnny9434 Posts: 28,942 ✭✭✭✭✭

    nice pick up, congrats

  • oih82w8oih82w8 Posts: 12,470 ✭✭✭✭✭

    I did not see a RPM on the VAMWorld page...nice looking Morgan!

    http://ec2-13-58-222-16.us-east-2.compute.amazonaws.com/wiki/1896-O_VAMs

    oih82w8 = Oh I Hate To Wait _defectus patientia_aka...Dr. Defecto - Curator of RMO's

    BST transactions: dbldie55, jayPem, 78saen, UltraHighRelief, nibanny, liefgold, FallGuy, lkeigwin, mbogoman, Sandman70gt, keets, joeykoins, ianrussell (@GC), EagleEye, ThePennyLady, GRANDAM, Ilikecolor, Gluggo, okiedude, Voyageur, LJenkins11, fastfreddie, ms70, pursuitofliberty, ZoidMeister,Coin Finder, GotTheBug, edwardjulio, Coinnmore, Nickpatton, Namvet69,...
  • ashelandasheland Posts: 23,556 ✭✭✭✭✭

    Nice pick up!

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Nice, original EF coin. Good acquisition for any collection.

  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Nice, I like it !!! :)

    Timbuk3
  • david3142david3142 Posts: 3,582 ✭✭✭✭✭

    @RogerB said:
    Nice, original EF coin. Good acquisition for any collection.

    Kind of a weird thing to say when PCGS has graded it AU50.

  • HallcoHallco Posts: 3,657 ✭✭✭✭✭

    @david3142 said:

    @RogerB said:
    Nice, original EF coin. Good acquisition for any collection.

    Kind of a weird thing to say when PCGS has graded it AU50.

    I'm guessing that means Roger does not agree with PCGS

  • david3142david3142 Posts: 3,582 ✭✭✭✭✭

    @Hallco said:

    @david3142 said:

    @RogerB said:
    Nice, original EF coin. Good acquisition for any collection.

    Kind of a weird thing to say when PCGS has graded it AU50.

    I'm guessing that means Roger does not agree with PCGS

    He usually doesn’t. :smile:

  • jedmjedm Posts: 3,114 ✭✭✭✭✭

    I like the look of that one too. Very nice!

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Nice pick-up. I like it.

  • DIMEMANDIMEMAN Posts: 22,403 ✭✭✭✭✭

    I don't usually care for Morgan's, but I like this one.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    @david3142 said:

    @Hallco said:

    @david3142 said:

    @RogerB said:
    Nice, original EF coin. Good acquisition for any collection.

    Kind of a weird thing to say when PCGS has graded it AU50.

    I'm guessing that means Roger does not agree with PCGS

    He usually doesn’t. :smile:

    I sometimes disagree with all of the TPGs....so I don't single out one or another. The old-type, standard, reliable definition of 'AU' is close to unitary --- only a trace of wear/abrasion and or disturbance of field luster is permitted in an AU coin. Bag abrasion is easily separated from handling abrasion, so a banged up coin might actually be uncirculated, and a nearly flawless coin with disturbed fields or high point rub will grade AU. Grade inflation further muddies the situation and erodes reliability of assigned "grades."

    From viewing the photos, the coin has far too much wear to be AU and thus can only be EF - although certainly a nice specimen. ;)

  • thefinnthefinn Posts: 2,657 ✭✭✭✭✭

    @RogerB said:

    @david3142 said:

    @Hallco said:

    @david3142 said:

    @RogerB said:
    Nice, original EF coin. Good acquisition for any collection.

    Kind of a weird thing to say when PCGS has graded it AU50.

    I'm guessing that means Roger does not agree with PCGS

    He usually doesn’t. :smile:

    I sometimes disagree with all of the TPGs....so I don't single out one or another. The old-type, standard, reliable definition of 'AU' is close to unitary --- only a trace of wear/abrasion and or disturbance of field luster is permitted in an AU coin. Bag abrasion is easily separated from handling abrasion, so a banged up coin might actually be uncirculated, and a nearly flawless coin with disturbed fields or high point rub will grade AU. Grade inflation further muddies the situation and erodes reliability of assigned "grades."

    From viewing the photos, the coin has far too much wear to be AU and thus can only be EF - although certainly a nice specimen. ;)

    I agree. It needs to be _**almost **_uncirculated. The grade doesn't exist in world coin grading - or at least it didn't used to until American collectors jumped in and pushed the pricing up. AU was the equivalent of gEF (good Extremely Fine). Almost uncirculated would be like almost pregnant. If there is wear that can be detected, then the AU grade is not appropriate.
    And the other thing I like to grade weakly struck coins is to grade them for the details shown, then add, "as struck". So if you have a weakly struck 1924-S Buffalo Nickel that has full luster, it would grade "VF - as struck". This coin would then be priced higher than a VF from wear, but below that of what a fully struck uncirculated coin would sell for.

    thefinn
  • ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    It may not be the most expensive BUT she has a LOVELY patina alright. Congrats....what's a few dollars if you're happy :)
    *Don't have comment on the VAM I am not familiar with.

  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭
    edited August 16, 2018 8:50PM

    Cool Morgan for sure, Nice Work ;)

    ...edit to fix after removing the bbq sauce off of my iPhone screen...can’t they make these things sticky proof???...smart phones my ass ;)

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file