Would this be a raw Morgan you would consider submitting? -Result!
scotty4449
Posts: 715 ✭✭✭✭✭
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!
This is a public poll: others will see what you voted for.
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That "rub" that you pointed out, sticks out like a sore thumb. Sorry. Other than that area, it's beautiful!
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--- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.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.
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What is your overall goal of that coin?
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)
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.
That is not "rub" on the jaw. It is just the luster pattern.
MS65 is a possibility. So that makes it borderline.
Send it with some others on an economy submission.
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.
I agree. I would send it and other coins on an economy and have it graded that way.
The coin looks Gem to me.
I would send that one in..... should get a 65, maybe better.....and it will be protected from future 'rubs/dings'...Cheers, RickO
+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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64+ at pcgs
65 all day
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What gives it the +?
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I would send it in, but not by itself. Probably with a larger economy or bulk submission.
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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.
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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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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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.
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.
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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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.....".
Maybe. That one is borderline as well here jmo
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.
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.
Just another common date Morgan. Does the "market" really need more common date slabbed Morgans?
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 the market didn't need them, the price would be so low it wouldn't warrant grading.
Thanks for all the comments, they have been really helpful! I have 4 PCGS vouchers, so the grading fee would be gratis!
By answering this poll, we are all considering it.
Nice Morgan!
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.
P.S. For the future, even as a gem MS65, the coin is not worth submitting as the fees eat up any value.