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If You Had a Raw Morgan That You Felt Was an MS69

If you had a raw common date Morgan dollar that you thought was a lock MS69, what are the odds that PCGS would 69 it in todays market? I'm thinking slim to none from what I've heard from others lately.

dragon

Comments

  • lordmarcovanlordmarcovan Posts: 43,661 ✭✭✭✭✭
    Based on my luck with submissions, about .0000000000000000001%. image

    Explore collections of lordmarcovan on CollecOnline, management, safe-keeping, sharing and valuation solution for art piece and collectibles.
  • I'd get a body bag...I just know it...image
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Not even slim, just none! image
  • MadMartyMadMarty Posts: 16,697 ✭✭✭
    Looks like a 69 grades an AU58!!!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

  • Seriously, I would send it in express at a show and then do the Presidential grade review, if it came back a 67 or 68.

    Cameron Kiefer
  • jbstevenjbsteven Posts: 6,178
    you would be lucky to get a 68, 69 out of the question unless Wayne or Jack submitted it. IMO
  • BaleyBaley Posts: 22,663 ✭✭✭✭✭
    the coin would have to be perfect under 10x to get 69.

    Liberty: Parent of Science & Industry

  • MrEurekaMrEureka Posts: 24,332 ✭✭✭✭✭
    70%
    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • krankykranky Posts: 8,709 ✭✭✭
    If I can reword the question a little to say "If I had a raw common date Morgan that was a lock MS69 (instead of "I thought" was a lock)..." just to eliminate the possibility that I might be wrong?

    Then, just from what I'm hearing, I think the chance of getting the deserved 69 would be less than 50%. Probably 25%. It might need to be sent in surrounded by top-quality gem pieces. Or, like jbsteven said, you'd need Wayne or Jack to send it in.

    New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.

  • GilbertGilbert Posts: 1,533 ✭✭✭
    Seems to me if it was a "lock" MS69 and common, they should have no problem giving it the grade, particularly since most everything is market graded.

    I don't understand why everyone feels otherwise. To meet the technical merits of a 69, it could theoretically (for today's standard) get a 70 -- that is, providing you've based this "lock 69" on technical merits. In my mind anyway.
    Gilbert
  • CLASSICSCLASSICS Posts: 1,164 ✭✭


    << <i>If you had a raw common date Morgan dollar that you thought was a lock MS69, what are the odds that PCGS would 69 it in todays market? I'm thinking slim to none from what I've heard from others lately.

    dragon >>

    .................if you happen to have one, it would have to be a truly outstanding coin. something that stands out above all the others... marks, luster, strike, etc. etc. i would sumit it, and see what they think......however i would not get to excited if i were you, as your chances of receiving such a grade are very slim.......
  • Just so you know, PCGS uses 16x glass to see if there is any marks. Anything that is visible under this glass grade will go down.

    Any police officers out there?
    A.Cherkasov
  • jbstevenjbsteven Posts: 6,178
    i could be wrong but I believe david hall said they use a 5-10x glass when needed.


  • << <i>you would be lucky to get a 68, 69 out of the question unless Wayne or Jack submitted it. IMO >>



    I was told by a good friend of Jack's that Jack doesn't think he gets any special treatment on grades from PCGS. Then in the same breath, I was told of a '93-S that Jack bought thinking it was a MS66, HRH, at a show put in a nice shiny MS67 holder for free!!
    Banned for Life from The Evil Empire™!
    Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
    Monty...
  • jbstevenjbsteven Posts: 6,178
    the only 67 and I have seen it, nice coin

    upon looking at the pop report I could swear there was only 1 67 in the 93s just a few months ago.
  • jbstevenjbsteven Posts: 6,178
    by the way I have held 4 proof 69 NGC morgans of his in one hand at once, what a feeling!

    this is one

    image
    image
  • I don't know who has the coin now. But it is a pop one! I have never seen the coin, though, I do know what it sold for at auction. At least twice what my entire collection is worth!!!
    Banned for Life from The Evil Empire™!
    Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
    Monty...
  • jbstevenjbsteven Posts: 6,178
  • I just looked up the PCGS pop report. There are two MS67's!!!
    Banned for Life from The Evil Empire™!
    Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
    Monty...
  • CoinosaurusCoinosaurus Posts: 9,632 ✭✭✭✭✭
    If I had an MS68 that was a lock 69, one thing I would NOT do is ask EVP to crack it out image
  • K6AZK6AZ Posts: 9,295
    The way things have been going lately, I don't think they would grade any Morgan as a 69. I don't have access to the pop reports right now, has the number gone up in the last year or so?
  • I checked out the site! Those Jack Lee's are pricey! Maybe I need to get Jack to write his name on my Morgan's holders. I didn't see the '93-S though.
    Banned for Life from The Evil Empire™!
    Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
    Monty...
  • PCGS pop report shows 8 reg. MS69's and 1 MS69PL...
    Banned for Life from The Evil Empire™!
    Looking for Nationals, Large VF to AU type, 1928 Gold, and WWII Emergency notes. Also a few nice Buffalo Nickels and Morgan Dollars.
    Monty...
  • K6AZK6AZ Posts: 9,295
    OK, so they haven't graded any coins 69 in the last year. My pop report is from April of last year, and it shows 8 MS and 1 PL in 69.

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