If this Morgan toner had straight graded what do you think it would be worth?
goldrealmoney79
Posts: 417 ✭✭✭
Not my coin, just generally curious, it appears to have some very nice colors. If it had straight graded, what do you think it would be worth?
https://www.ebay.com/itm/125599754692?
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This particular coin has been discussed here before, I believe, and I do think the owner is a member here as well.
Note it's been rejected by both services at this point.
No point to speculating on things that are very unlikely to happen.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
Do you mean what you think one could dupe someone to paying for an artificially toned coin if the TPG slipped up and graded it? Because it is what it is no matter the holder and should be worth the same
11.5$ Southern Dollars, The little “Big Easy” set
It would be worth thousands if straight graded.
The color is among the best (if not the best) for an 1890-S (you just don't see that date with strong toning). NGC called it questionable but PCGS did not. Several people who know their toners have said the color is market acceptable. There is apparently a small wipe that makes PCGS called it cleaned but it also isn't obvious where that is (there has been disagreement among those that have looked at the coin in hand).
OP coin.
I sold this one for a nice premium on GC several years ago.
Not saying they're equivalent but maybe not that far apart.
Lance.
Would recommend you take up that coin with a problem coin dealer. They would have good idea what one can expect get for that. It would be significantly reduced from what straight graded would bring. There are people who buy that material to crackout for their albums.
I don’t think anyone has properly answered the OP’s question yet. I imagine if straight-graded that coin would probably grade MS63 and would be worth $2500-$3000. There is only one other nicely toned 90-S (not as pretty as this) and I do not believe it is NT. It sold for $1880 recently.
Lance, your coin is gorgeous and I think it sold during a weak period. I believe it would easily bring double today.
I've never seen an 1890-S toned anywhere near this nice. A very attractive coin, however it may have come about...
This one?
https://legendauctions.hibid.com/lot/125516804/-1-1890-s--pcgs--ms64-/
It also sold in 2019 for $759.38.
https://www.greatcollections.com/Coin/758801/1890-S-Morgan-Silver-Dollar-PCGS-MS-64-Toned
And it is the next best color-wise that I have seen too. But it still pales in comparison to some of the earlier S mint and O mint pieces.
wouldn't it depend on what it graded?
wouldn't it be worth more as MS64 vs MS62 ?
Yes it would. A 64 would bring quite a bit more than a 62 as some toned collectors have a minimum cut-off at MS 64 (some want 65 or higher; I don't have any minimums as long as the color appeals to me).