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Pop report misprint? A ms70 graded Morgan?

looks like a 1878 S was graded ms70 or there was a mechanical error.

Can anyone 100% confirm this as being a coin that was graded?

Where is ms68 when we need him?

7082 1878-S S$1 MS 6 1 6 10 10 46 116 98 343 1833 6649 7700 2424 364 18 1 0 1 19626


If it is real let's guess the offering price. I will throw out 1.5 million.

Comments

  • PlacidPlacid Posts: 11,299 ✭✭✭
    The online poop report shows the same.
  • SandhawkSandhawk Posts: 1,154 ✭✭✭
    yeah, I just recieved it in the mail image

    I won't go less than 1.75M.

    imageimage

  • PlacidPlacid Posts: 11,299 ✭✭✭
    I wonder if it has a fingerprint image
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    Any idea what grading service this allegedly came from?
  • NoGvmntNoGvmnt Posts: 1,126
    Ha, you should see the colors.image

    Jim
  • jbstevenjbsteven Posts: 6,178
    ziggy

    PCGS (see the pop report line in my post)
  • GATGAT Posts: 3,146
    Not so fast, don't you believe if PCGS really graded a Morgan MS70 they would be shouting it to the heavens for it's advertising value? Also, if a MS70 exists I would think it would be a 80-S or 81-S which are known for their high quality and exist in large numbers.
    USAF vet 1951-59
  • FrattLawFrattLaw Posts: 3,290 ✭✭
    This has to be an error or a joke. A perfect 1878-S Morgan???

    What, was this coin taken from the dies using cotton gloves, then placed into a cotton liner inside a wooden box and deposited into a WellFargo Bank Vault where it layed undisturbed for 126 and was just removed????

    Michael
  • jbstevenjbsteven Posts: 6,178
    just for the record I think it is a misprint.
  • RussRuss Posts: 48,514 ✭✭✭
    If it is real, it would have to be a presentation piece of some sort.

    Russ, NCNE
  • Hello Jbsteven. It would be interesting to see a pic if this is true. She'd probably go for $1M or so.
    Author of MrKelso's official cheat thread words of wisdom on 5/30/04. image
    imageimage
    Check out a Vanguard Roth IRA.
  • jbstevenjbsteven Posts: 6,178
    I bet if it were real that Mike Casper would be a strong bidder. IF
  • foodudefoodude Posts: 3,572 ✭✭✭
    Jason,

    I forgot to tell you about the '78-S I picked up at MidAmerica.image I think the coin showed up at the table when you went off to get a Dr. Pepper soft drinkimage So you think this was a good upgradeimage





    image It would be incredible if this is not a mechanical error.


    Greg Allen Coins, LLC Show Schedule: https://forums.collectors.com/discussion/573044/our-show-schedule-updated-10-2-16 Authorized dealer for NGC, PCGS, CAC, and QA. Member of PNG, RTT (Founding Platinum Member), FUN, MSNS, and NCBA (formerly ICTA); Life Member of ANA and CSNS. NCBA Board member. "GA3" on CCE.
  • jbstevenjbsteven Posts: 6,178
    insert middle finger icon here



    image
  • it'd go for about 8 to 12 million if it exist and is a perfect morgan dollar
  • poorguypoorguy Posts: 4,317
    I personally don't see the impossibility of a Perfect Morgan. Although, I have had professors who's highest grade was a 99, proclaiming "nothing is perfect". If there is a Perfect morgan out there, with all of the hype in the market, now is the time it would probably be found. 1878-S, 1879-S, 1880-S, 1881-S are all possible candidates for the perfect morgan. It is possible but improbable that an MS70 be found. I would like to see it.

    It is definitely some sort of presentation piece. No doubt about that.

    It would really make me sick if it were a typo. If it isn't though, I'm sure everyone will hear lots about it in the media.
    Brandon Kelley - ANA - 972.746.9193 - http://www.bestofyesterdaycollectibles.com
  • SethChandlerSethChandler Posts: 1,705 ✭✭✭✭
    Look at the cover coin on the Morgan and Peace Dollar Textbook......thats a mighty fine (perfect?) 1878-S.

    Could it be?

    Seth
    Collecting since 1976.
  • I read somewhere that several Morgans in MS70* actually exist in raw form in a few museums. Would there be a Morgan that has been deemed a MS70 in the Smithsonian?

    Actually they were described as perfect strikes of museum quality. I could be wrong, but I think the ANA grading video makes a brief mention of this in some fashion.

    Jerry


  • << <i>looks like a 1878 S was graded ms70 or there was a mechanical error.

    Can anyone 100% confirm this as being a coin that was graded?

    Where is ms68 when we need him?

    7082 1878-S S$1 MS 6 1 6 10 10 46 116 98 343 1833 6649 7700 2424 364 18 1 0 1 19626


    If it is real let's guess the offering price. I will throw out 1.5 million. >>


    that coin was at the st louis 90 or 91 silver dollar convention graded pcgs ms68pl (too weak of rev to make dmpl but a full cameo it is)
  • woops, i meant the one seth referred to in wayne miller's book
  • byergobyergo Posts: 586
    If real, I'd say that would be a $10M coin. Is there even a 69 out there?
    Buy/Sell/Trade Rainbow Morgans
  • robertprrobertpr Posts: 6,862 ✭✭✭
    I'm sure it's a typo.
  • BigAlBigAl Posts: 1,187 ✭✭✭
    perhaps they forgot to stamp 'copy' on the reverse.
  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    I seem to recall an old thread discussing this coin. I think it's a mechanical error where the coin's owner refuses to turn it in.... but I could be mistaken.

    As far as values go, I think you guys are just a bit high. I couldn't see a common date MS70 going for more than $250k or so. Of course, if you've got the pop 1/0 for the entire series, I guess you can always ask the moon! image
  • I agree with TDN valuewise, and I doubt the piece exists. It certainly isn't the Miller coin. This isn't the first time an MS70 Morgan has mistakenly showed up in the pops.

    Kyle
  • jbstevenjbsteven Posts: 6,178
    ttt for the morning crew
  • byergo: Yes, I think I've seen an MS69 on Ebay once before.
    I heard they were making a French version of Medal of Honor. I wonder how many hotkeys it'll have for "surrender."
  • PlacidPlacid Posts: 11,299 ✭✭✭
    Online pop report shows 8 ms69's.
    Ngc lists 17 69's. Some are *

    The coin thats listed as a 70 at pcgs is 78-s.
    The next highest grade for that coin at either service is ms68.
  • jbstevenjbsteven Posts: 6,178
    the MS69 that was on Ebay was a NGC coin. I have never seen a ms69 PCGS Morgan on Ebay.
  • PlacidPlacid Posts: 11,299 ✭✭✭
    If you want to see what a pcgs MS69 looks like look here.
  • Dennis88Dennis88 Posts: 5,797 ✭✭✭
    The set registry shows in the Gilley collection (or something like that) 1 ms68 with 1 higher....

    Quite exciting this....image

    Dennisimage
  • There was a PCGS 69 on eBay several years ago, I don't remember if it sold or not. As far as I know, as of now the Gilley coin is graded MS68, and the Miller piece MS68PL.
  • ShamikaShamika Posts: 18,781 ✭✭✭✭
    Where's homerunhall when you need him?

    Buyer and seller of vintage coin boards!
  • PlacidPlacid Posts: 11,299 ✭✭✭
    The online pop report no longer shows this MS70.
  • It has to be a typo. I have am MS66 and it shows 19 graded higher if you look at the pop rep they show
    18 at MS67 and 1 at MS68 that is the 19. The one showing as MS70 has to be a mistake. If not whomever
    made it could easily be a multi-millionaire.

    Maybe we should ask David !!!


  • << <i> If real, I'd say that would be a $10M coin. Is there even a 69 out there? >>



    image
  • BladeBlade Posts: 1,744
    We asked David Hall before in the Q&A Forum and he confirmed that a regular business strike, non-commem mint state coin has never been graded MS70 by PCGS. Not even a modern. Someone will probably prove me wrong, but I don't think there is one out there. And if so, let's see something pre-1964 in MS70. Any series.
    Tom

    NOTE: No trees were killed in the sending of this message. However, a large number of electrons were terribly inconvenienced.

    Type collector since 1981
    Current focus 1855 date type set
  • Good Morning:

    We need some help. No matter where we’ve looked (online or the printed version of April & July) we can not find where we list a MS 70 for this coin.
    If someone is seeing it in a printed version, please let me know the page number so we can look in to this further.

    Carol
  • jbstevenjbsteven Posts: 6,178
    it was on the online version. If you look at my initial post you will see a copy and paste of the 1878 S Morgan line. It has disappeared of of right now.
  • GonfunkoGonfunko Posts: 1,481 ✭✭✭
    So are you saying that the one in the PCGS Guide to Grading and Counterfeit Detection isn't a 70, despite the fact that they describe it as such? I personally wouldn't call it a 70, since it isn't full white and appears to have some marks on the hair and other high points.
    image
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>So are you saying that the one in the PCGS Guide to Grading and Counterfeit Detection isn't a 70, despite the fact that they describe it as such? I personally wouldn't call it a 70, since it isn't full white and appears to have some marks on the hair and other high points. >>

    Well, not being full white doesn't prevent it from being MS-70, as the description says it's the same as it came from the dies "except for toning." So there is an allowance for toning in an MS-70 coin. As for the marks, assuming these aren't common to all Morgans -- if this particular die variety shows that all coins of that variety had the same marks, then it still *is* just as it came off of the dies, and would still be able to achieve MS-70 status. (Note also that the marks may be in the picture, or from a coin holder.)

    Though in reality they are describing a *technical* MS-70. A flawless coin from the standpoint of hits and other post-strike imperfections could have a horrible strike, for example. And while it would be a *technical* MS-70 according to the standards you include here, I have no doubt that such "weak strike perfection" would get "market graded" much lower.
  • I asked about this in the Q&A forum and David said this:

    "As far as I know it's a typo. I believe I would have been told about a MS70 dollar if we did grade one. I'll check it out, but I'd bet money it's just a mistake.

    Thanks,

    David"

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