Grade this 1891 S Morgan?
Spartcom5
Posts: 397 ✭✭✭
I bought this Morgan recently. It came in an old coin holder with an old label that said it was MS 64 and they had it priced at $450. There is no way it is MS 64! In my opinion I think it is MS 62 or 63 possibly? Am I close? Any input is appreciated!! Hope my photos are fine, it's been awhile since I've photographed a coin!
1
Comments
OK, I'll bite at 63 with the usual caveats....
Well, just Love coins, period.
62 would be fine.
63-ish
Collector, occasional seller
Could be a 64. Was it graded by one of the 3 top grading companies or just guesstimated. Strike is nice, but surfaces look a bit mottled. So I will say 63.
Based on the photos I like it at 63.
MS-62 became the frost is broken on the eagle’s breast feathers on the reverse.
From photo easily a 63.
Not a bad looking coin-63 seems reasonable
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That coin looks like a nice 63 if I am reading the images correctly. Looks like really nice frost
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MS63, and I have seen worse in MS64 holders with silly little stickers. RGDS!
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
And your anti-CAC obsession continues. It's sad.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I like it as a 62 - maybe if I see it in hand it could be a 63 with extra eye appeal.
63 and I’d grade it higher before I’d grade it lower than that.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
The marks on the reverse above the Eagle and the marks on the obverse around the neck gets me to 62. If in hand its isn't as bad that i see it on the photo, then maybe 63. Just my 2 cents.
Good photo! I agree with the crowd, pretty much MS63 all day.
I’m wondering why you bought it, since “no way it is a MS 64!” ?
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63
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Now we know where gradeflation came from 😜 (just kidding but couldn’t resist Mark).
You’re on to me!😉
Very few people are aware of this but originally, the term was MarkFeld’s-grade-flation (“MFGF” for short). However, I petitioned for a change to what’s now referred to. simply as “grade-flation”.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
64
DPOTD-3
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Don
62
Here’s a PCGS MS63:
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I agree with the 63 camp.
It is not sad. The CAC experiment resulted a windfall for dealers and a nuisance for collectors.
Have looked at many many coin listings since the inception, small Ebay hacks up to billion dollar a year auctioneers. Coins with a sticker are boldly noted in the title line, but have never seen an admission that a coin had been submitted and failed.
Became a guessing game to the buyers. Has it been to CAC or not?
Yeah I get all the reasons why that would be a costly gambit to the sellers, but the fourth party verifier could never jimp that hurdle.
Fortunately the company stepped up to the plate and went full service. When the stickies are retired, the hobby will be better off.
Without looking at anything other than OP's pictures, I saw it as a standard 63. Too much going on to be a 4 in my opinion, but it's good enough for 3.
All of that’s largely beside the point. That poster often makes anti-CAC comments even when the thread topic has absolutely nothing to do with CAC. Yes, others sometimes do the same with pro-CAC comments but not to the extent he does.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Guess that is a rule violation. Got to speak well of the competition or hold your tongue.
I think it's a C ms64-63+. I really like the natural surfaces mi
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This
Edited because I thought the original "an old coin holder" was a PCGS holder. Given that it was not,
I make no call at all on this coin.
For the buyer
I see it as a low end MS64 due to the frost but would want to buy it for less; perhaps hard to sell as a 64
What kind of slab is that with the black foam insert or is it one of those two piece coin capsules? BTW, I have no problem with it as 63 from the photos and may say 64 in person.
If the luster is blazing or at least super nice, I think this coin does have a shot at 64. We are viewing through an air-tite which could account for some of the marks and hairlines, obviously not the ones dug into the coin. I second the question for what company provided the original holder.
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63
Casual collector, mostly Morgans & Peace Dollars.
Could be a 63 if I were to see it in hand
@DocBenjamin
I do not understand your last sentence. I won’t hijack the thread though.
I could see 64. Although there are plenty of marks they are all very minor, none distracting. Plenty of disturbances in the frost but not bad. If the frost wasn't there most of the small marks would be even less noticeable.
I'll defer. Enough 300 post CAC threads already,
Looks like a 63 to me.
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IMO it is not the most attractive coin but technically. A 64 grade seems ok to me.