Would this be a raw Morgan you would consider submitting? -Result!

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scotty4449
scotty4449 Posts: 718 ✭✭✭✭✭
edited December 23, 2020 3:57PM in U.S. Coin Forum

Well, here are the results! Looks like there was a bit too much rub on the jaw :( The other 3 coins came back with the grades I was hoping for, so overall I am very happy with this submission. Guess this beauty goes back into my album.

I paid $69.00 total in an auction, I love it but it looks like there is some rub on in the jaw area. What do you think?



Would this be a raw Morgan you would consider submitting? -Result!

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Comments

  • joeykoins
    joeykoins Posts: 18,845 ✭✭✭✭✭
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    No way!

    That "rub" that you pointed out, sticks out like a sore thumb. Sorry. Other than that area, it's beautiful! :)

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  • coinbuf
    coinbuf Posts: 12,567 ✭✭✭✭✭
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    Maybe...

    I would certainly be tempted, and as long as I had some other coins to send in I would probably send it along. It would just depend on how that area of the coin looks in hand.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • AlanSki
    AlanSki Posts: 1,990 ✭✭✭✭✭
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    But of course!

    What is your overall goal of that coin?

  • ShaunBC5
    ShaunBC5 Posts: 1,974 ✭✭✭✭✭
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    No way!

    You’re already $69 into it, what do you think it would grade? I think it’s a really pretty coin but I’m not sure what you’d gain by slabbing (unless it came back a 66 or something)

  • mannie gray
    mannie gray Posts: 7,259 ✭✭✭✭✭
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    Maybe...

    Maybe....but where you're at in the coin makes profitability unlikely.
    It has a good shot at 65, but then you have added more cost and may not get it back.

  • dcarr
    dcarr Posts: 10,257 ✭✭✭✭✭
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    That is not "rub" on the jaw. It is just the luster pattern.
    MS65 is a possibility. So that makes it borderline.

  • clarkbar04
    clarkbar04 Posts: 5,027 ✭✭✭✭✭
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    Send it with some others on an economy submission.

    MS66 taste on an MS63 budget.
  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    The coin looks like a solid 65 to me and I agree with dcarr that there’s no “rub” on the jaw.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • bearcave
    bearcave Posts: 3,996 ✭✭✭✭✭
    edited August 28, 2020 3:46AM
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    @MFeld said:
    The coin looks like a solid 65 to me and I agree with dcarr that there’s no “rub” on the jaw.

    I agree. I would send it and other coins on an economy and have it graded that way.

    Ken
  • Jimnight
    Jimnight Posts: 10,846 ✭✭✭✭✭
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    The coin looks Gem to me.

  • ricko
    ricko Posts: 98,724 ✭✭✭✭✭
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    But of course!

    I would send that one in..... should get a 65, maybe better.....and it will be protected from future 'rubs/dings'...Cheers, RickO

  • mothra454
    mothra454 Posts: 277 ✭✭✭
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    But of course!

    @clarkbar04 said:
    Send it with some others on an economy submission.

    +1 to this. I don't think you should decide based on how much money you have into it already. That's just your sunk cost, and you're not getting it back unless you sell it again at some point. How much do you think you'd get for it raw? I'd guess $60 after fees, etc. How much when it's graded? Sounds like around $120 if it grades 65. So definitely worth a shot, and if you just keep it then it will be in a nice holder.

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  • jdimmick
    jdimmick Posts: 9,992 ✭✭✭✭✭
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    64+ at pcgs

  • Mgarmy
    Mgarmy Posts: 2,296 ✭✭✭✭✭
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    Maybe...

    65 all day

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  • mothra454
    mothra454 Posts: 277 ✭✭✭
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    But of course!

    @jdimmick said:
    64+ at pcgs

    What gives it the +?

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  • messydesk
    messydesk Posts: 20,814 ✭✭✭✭✭
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    But of course!

    I would send it in, but not by itself. Probably with a larger economy or bulk submission.

  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @mothra454 said:

    @jdimmick said:
    64+ at pcgs

    What gives it the +?

    With respect to a grade of 64+, grading that’s too tight.😉

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • mothra454
    mothra454 Posts: 277 ✭✭✭
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    But of course!

    @MFeld said:

    @mothra454 said:

    @jdimmick said:
    64+ at pcgs

    What gives it the +?

    With respect to a grade of 64+, grading that’s too tight.😉

    Lol. Ok but I don't really understand the + concept. Is it basically a 64.5? Is it a 64 with some special eye appeal? Is it a way of saying "if we grade it 64 you would probably get a green bean for it, so we will save you the trouble/expense"?

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  • jesbroken
    jesbroken Posts: 11,252 ✭✭✭✭✭
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    Maybe...

    As others have said, only with a large submission. By itself, submission and S/H and insurance would make it a B/E coin if it indeed grades MS65 as it should. It would be nice to see the coins cartwheel as rotated in the light.
    Good luck,
    Jim


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  • MFeld
    MFeld Posts: 17,132 ✭✭✭✭✭
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    @mothra454 said:

    @MFeld said:

    @mothra454 said:

    @jdimmick said:
    64+ at pcgs

    What gives it the +?

    With respect to a grade of 64+, grading that’s too tight.😉

    Lol. Ok but I don't really understand the + concept. Is it basically a 64.5? Is it a 64 with some special eye appeal? Is it a way of saying "if we grade it 64 you would probably get a green bean for it, so we will save you the trouble/expense"?

    From the PCGS site: "Plus Grades" exhibit exceptional eye appeal for the grade and constitute the top 30% of the coins in the grade.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • Peasantry
    Peasantry Posts: 299 ✭✭✭
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    The ability to get something like a meta-analysis from this forum always amazes me. Google has nothing on you senior citizens and i appreciate it.

  • coinkat
    coinkat Posts: 24,542 ✭✭✭✭✭
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    Not voting... The images are not helping the case for submission. And from the image presented, one needs to take a careful in hand look at the surfaces to make an informed judgment as to submission.

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  • Hydrant
    Hydrant Posts: 7,773 ✭✭✭✭✭
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    No. I would keep it raw. Every night about 15 minutes before bedtime I would pick it up, hold it very close to my eyes, tilt it round and round and repeat , "Sleepy, sleepy, you're getting very tired now.....sleepy, sleepy, you're getting.....".

  • johnny9434
    johnny9434 Posts: 34,054 ✭✭✭✭✭
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    Maybe...

    Maybe. That one is borderline as well here jmo

  • Elcontador1
    Elcontador1 Posts: 102 ✭✭✭
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    the stuff on the cheeks look like bag marks. Agree with Mark Feld on the grade. Don't know what it's worth as am MS 65; I think it's a common coin in the grade.

  • gradeacoinsebay
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    But of course!

    I would, looks like a nice coin. Sure there's a chance you may not gain a ton in value after submitting it, but don't think you'll lose and then it'll be holdered too.

  • 291fifth
    291fifth Posts: 25,218 ✭✭✭✭✭
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    No way!

    Just another common date Morgan. Does the "market" really need more common date slabbed Morgans?

    All glory is fleeting.
  • DollarAfterDollar
    DollarAfterDollar Posts: 3,217 ✭✭✭✭✭
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    But of course!

    I don't think that's rub at all. Additionally, the 1900 Dollar is often ugly as ass. Yours is quite nice. I'd submit it as part of an economy submission only and expect it to comer back MS 66.

    If you do what you always did, you get what you always got.
  • clarkbar04
    clarkbar04 Posts: 5,027 ✭✭✭✭✭
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    If the market didn't need them, the price would be so low it wouldn't warrant grading.

    MS66 taste on an MS63 budget.
  • scotty4449
    scotty4449 Posts: 718 ✭✭✭✭✭
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    Maybe...

    Thanks for all the comments, they have been really helpful! I have 4 PCGS vouchers, so the grading fee would be gratis!

  • MedalCollector
    MedalCollector Posts: 2,103 ✭✭✭✭✭
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    @scotty4449 said:
    Would this be a raw Morgan you would consider submitting?

    By answering this poll, we are all considering it.

    Nice Morgan!

  • scotty4449
    scotty4449 Posts: 718 ✭✭✭✭✭
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    Maybe...

    Well, here are the results! Looks like there as a bit too much rub on the jaw :( The other 3 coins came back with the grades I was hoping for, so overall I am very happy with this submission.

  • cameonut2011
    cameonut2011 Posts: 10,869 ✭✭✭✭✭
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    No way!

    @scotty4449 said:
    Well, here are the results! Looks like there as a bit too much rub on the jaw :( The other 3 coins came back with the grades I was hoping for, so overall I am very happy with this submission.

    It came back cleaned which as nothing to do with rub/friction on the high points.

  • cameonut2011
    cameonut2011 Posts: 10,869 ✭✭✭✭✭
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    No way!

    P.S. For the future, even as a gem MS65, the coin is not worth submitting as the fees eat up any value.

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