No, it won't get a numerical grade at all. It would be classified as polished/cleaned which ruins it as a collector coin. However, for $10 you did good. It looks quite real to my eyes and if such is worth about $21 in silver value.. It has approximately 3/4 of an ounce of pure silver, the rest is copper. Copper gives the silver strength so they don't wear too quickly. Unfortunately someone decided to polish this one up....thank goodness it was not a rare coin.
bob
Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
Too much polish residue left around stars 1-4, around the date, neck, and denticles below stars 1-4. A professional grader will see that and that's not good. If you decide to submit it for grading at PCGS or NGC, spend a little extra time cleaning up the aforementioned areas first. Good luck!
It's polished. It's well-circulated. Heck, it looks so odd it might not even be real (though I think it is). It is what many folks call junk silver or a cull. However, for $10 you actually did really, really well.
Cleaned/polished, circulated, and like Tom, my gut was to question its authenticity, though it may well just be the angle of the photo and the damaged surfaces that are giving it that look.
@airplanenut said:
Cleaned/polished, circulated, and like Tom, my gut was to question its authenticity, though it may well just be the angle of the photo and the damaged surfaces that are giving it that look.
I understand your concern over authenticity yet I have discovered many of these polished Morgan dollars (with slight wear) have the appearance of other than genuine.
Personally it is what it is, perhaps a neat coin to carry and share with friends yet with little collector value otherwise.
At $10 you got a really good deal. With the cleaning and polishing, it's considered to be a bullion coin worth only melt value. Multiply whatever the current spot price of silver is times its weight of 0.77 Troy ounces to get the current melt value of your coin. It would make a good pocket piece.
Worry is the interest you pay on a debt you may not owe.
What era is this from and what is it exactly appears to be silver..The person that sd it to me told me all he knew about it was it it was made long before we were born...LOL 😆😆
@Hydrant said:
Too much polish residue left around stars 1-4, around the date, neck, and denticles below stars 1-4. A professional grader will see that and that's not good. If you decide to submit it for grading at PCGS or NGC, spend a little extra time cleaning up the aforementioned areas first. Good luck!
There's no good reason to talk about cleaning up areas of the coin for a possible submission to a grading company. The entire coin has been polished, it wont straight grade and isn't worth the cost of submission.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
It is an absolutely base value, circulated common date Morgan Dollar that has been cleaned and polished. $10 was a great price but it is not worth grading.
I agree with the comments above, but really, this is a particularly poor example. It's not even close to something that should be graded. If it even occurred to you to consider it, you need to do a BUNCH of learning before you loose a bunch of money on grading fees.
Nwarren31001
Posts: 9 ✭
Comments
I ran across this for $10 at a yard sale.. Is it worth the cost of a grading process???
Polished, cleaned and unfortunately worthless except for silver assuming it is real that is.
No, it won't get a numerical grade at all. It would be classified as polished/cleaned which ruins it as a collector coin. However, for $10 you did good. It looks quite real to my eyes and if such is worth about $21 in silver value.. It has approximately 3/4 of an ounce of pure silver, the rest is copper. Copper gives the silver strength so they don't wear too quickly. Unfortunately someone decided to polish this one up....thank goodness it was not a rare coin.
bob
Too much polish residue left around stars 1-4, around the date, neck, and denticles below stars 1-4. A professional grader will see that and that's not good. If you decide to submit it for grading at PCGS or NGC, spend a little extra time cleaning up the aforementioned areas first. Good luck!
It's polished. It's well-circulated. Heck, it looks so odd it might not even be real (though I think it is). It is what many folks call junk silver or a cull. However, for $10 you actually did really, really well.
In honor of the memory of Cpl. Michael E. Thompson
Cleaned/polished, circulated, and like Tom, my gut was to question its authenticity, though it may well just be the angle of the photo and the damaged surfaces that are giving it that look.
I understand your concern over authenticity yet I have discovered many of these polished Morgan dollars (with slight wear) have the appearance of other than genuine.
Personally it is what it is, perhaps a neat coin to carry and share with friends yet with little collector value otherwise.
At $10 you got a really good deal. With the cleaning and polishing, it's considered to be a bullion coin worth only melt value. Multiply whatever the current spot price of silver is times its weight of 0.77 Troy ounces to get the current melt value of your coin. It would make a good pocket piece.
Worry is the interest you pay on a debt you may not owe.
@Nwarren31001.... Welcome aboard.... I agree with the above assessments... highly polished coin, no collector value... Silver melt only. Cheers, RickO
What era is this from and what is it exactly appears to be silver..The person that sd it to me told me all he knew about it was it it was made long before we were born...LOL 😆😆
There's no good reason to talk about cleaning up areas of the coin for a possible submission to a grading company. The entire coin has been polished, it wont straight grade and isn't worth the cost of submission.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Always carry an old hard drive magnet so you can at least test that these finds are not magnetic. Peace Roy
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It is an absolutely base value, circulated common date Morgan Dollar that has been cleaned and polished. $10 was a great price but it is not worth grading.
I agree with the comments above, but really, this is a particularly poor example. It's not even close to something that should be graded. If it even occurred to you to consider it, you need to do a BUNCH of learning before you loose a bunch of money on grading fees.
This is worth bullion.
Circulated and cleaned Zerbe Proof