1884 S Morgan - Found in old coin box

Shane6596

Found this in an old coin box from a relative that passed away years ago. We were just sorting through old stuff and happened upon it. Wondering if there is any value in getting it graded, or just tuck it away for now.

dcarr

It appears to be EF-40 grade. Value is about $60.
Not worth enough to justify the expense of getting it graded.
But still a nice find regardless.

mr1931S

Grade it? What for? Put it in a DIY holder and call it good.

ColonelKlinck

You have a nice circulated Morgan Dollar probably worth just a little more than it would cost you to grade, which would include grading fees, postage and insurance. You may want to consider simply keeping it as a reminder of your past relative.

telephoto1

Nice circulated example of a harder to find piece but not valued highly enough in that grade to warrant the expense of submission. Put it in an airtight capsule and keep it as a remembrance.

bsshog40

@mr1874 said:
Grade it? What for? Put it in a DIY holder and call it good.

Maybe because they just found it, just signed up to the forum because they know nothing about the coin and was asking a simple question.

johnny9434

You can keep it for years and remember them. I'd leave it raw as well

291fifth

It looks like someone burnished it at some point. Just leave it raw. It is not worth the cost of having it slabbed.

TennesseeDave

As stated above, not worth grading. Too bad it's not in better condition as that date and mint combo is worth a lot in better condition.

Coin Finder

Nice find!

Shane6596

Based on the consesus, it wasn't a pay off the house kinda find. i think ill just put it in a capsule to keep it from getting damaged and look at it from time to time.

Thanks for the replies.

bearcave

☕

ricko

@Shane6596... Welcome aboard. Nice old Morgan dollar... As above, not worth the expense of slabbing, put it in a protective container of your own (available at coin shops or online) for preservation. Cheers, RickO

Shane6596

Thanks for the info from everyone. This place is a great for coin knowledge.

Forgot to introduce myself, Father of 2 kids, im 49 yrs old. Married to very understanding wife of my many hobbies. I collect old dietz lanterns, old guns, civil war stuff, i just like all that era of stuff. I like to think of the history of it and the stories it has been through.

Just got into coins, i seem to like the real old ones like 1795-1830 just based on the looks of them. I found a couple at a coin shop last week that were pretty worn but i had to buy them because they just spoke to me.

Anyway, glad to be here, thanks for any future info. Im sure ill have some questions. I did buy the redbook as suggested and we are looking through that.

Shane

lilolme

At the top of the US Forum is a pinned thread 'Resources'. In the first post of the thread there are some links you might find interesting.
Here is the link to thread also.

https://forums.collectors.com/discussion/1006619/resources-books-links-to-read-on-numismatic-series-errors-and-varieties