1879o Morgan graded in 1985 (new pictures)
Ppp
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I just wanted to share my recent buy, a 1879o Morgan dollar graded by anacs in 1985 as a ms60/63. I apologize for the pictures in the plastic sleeve, and in the holder. I never seen coins graded in the 80s presented in a capital holder and separate write up (I think the dealer did this).
The 1985 commentary on survival and price is very interesting compared to today.
I really like the reverse and could have picked up several other coins similar to this however each coin toned so much over time they do not match the pictures on their certificates and the eye appeal wasn’t there for me.
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Comments
I wonder how long in the future they foresaw this coin being valued at $750.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
1989 ... for about 4 days!
“We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”
Todd - BHNC #242
Probably MS62 by today's standards, some serious cuts on obverse but totally original and fields look ok.
Looks more like an MS61 or MS62
These was a time when Morgan's were all the rage and the values reflected that. They were heavily promoted as "investments" and the expectation was moon money.
Toning not on the ANACS photo cert picture is not what you would compare to see if the coin and photo match.
Compare the contact marks on the coin and make sure they match the photo. Or compare any contact marks on the photo cert picture to match the contact marks on the coin.
Also note: that there could be more contact marks on the coin (then Photo) as the coin is not slabbed.
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Certainly a nice reverse on that coin... Interesting to see in a capitol holder and the associated ANACS information. The ANACS picture of the obverse does not seem to match the marks on the coin in the holder. Cheers, RickO
ricko: I agree the reverse and the picture look a little different. In hand it looks like it could be the holder. To be sure I put on the gloves and opened the holder and took another picture of the reverse and an updated picture of the cert.
Now I feel better because to me they match.
Worst case if for some reason they didn’t match I feel the coin was still worth what I paid, which was less than $100-. Note, based on the write up I wonder what the original buyer paid because after 38 years I might have paid less, ouch. 🙂