Looks high grade. But my question is that if it is actually a high grade, why isn't it slabbed? That's not to say that I am a big fan of slabs, but how many high grade morgans do you see raw?
Maybe the camera is playing tricks, but where's the luster? I don't see any signs of wear so I won't say AU-58, but...where's the luster? Maybe this one was dipped at one point, stripping it of most of its luster?
Even at the $47 opening bid, unless this one slabs as 65, it's not worth a bid. And unless the luster is much better than the picture shows, I don't think it gets more than 63-64.
I don't like that "Light Gold Toning" with the Lack of Luster. it looks like it was dipped to many times stripping luster and then toning a little. My opinion Pass on this one.
<< <i>Looks high grade. But my question is that if it is actually a high grade, why isn't it slabbed? That's not to say that I am a big fan of slabs, but how many high grade morgans do you see raw? >>
For commons, I'd imagine there are still quite a few, especially if they won't make 65. Below MS-65 for commons, it's often not cost-effective to slab them. Maybe some 64s at the economy rate, but even that's pushing it. I'm sure there are still a fair number of MS-63 and -64 raw Morgans out there, particularly in the common dates. With a decent return policy from a seller you trust, that might make it worth taking a chance on them at potential "rip" prices...but not when you can get a slabbed 64 for not much more than that opening bid.
If you read the item description, you will find that the term "high grade" simply means little or no wear. So the coin could actually be an au coin and meet his criteria. This is highlighted in the description.
In an insane society, a sane person will appear to be insane.
64 to me. The lighting and angle is making the coin IMHO look better than it is. One good rim nick, and a nice ding off the throat. Plus, like I said, I believe the angle and lighting is hiding alot of the lighter marks.
Prost!
Why step over the dollar to get to the cent? Because it's a 55DDO.
Thanksgiving National Battlefield Coin Show is November 29-30, 2024 at the Eisenhower Allstar Sportsplex, Gettysburg, PA. Tables are available. WWW.AmericasCoinShows.com
The return policy doesn't appeal to me. He says send it off for grading yet it must be returned in the original sealed flip to be eligible for a refund. I do think it is a nice coin with overall eye appeal, but there are many dings and nicks in it.
Member Steamfitters Local 614 USMC Veteran 1981-1992 Cold War Veteran
It's truly funny, no make that truly sad, that people in this day and age are so wrapped up in their own little world that they refuse to try and teach someone else the correct or accepted way of doing things.
Comments
maybe cleaned ?
My thoughts are: it's a raw coin; do you want to take the risk?
Collecting Morgans in Any Grade
Even at the $47 opening bid, unless this one slabs as 65, it's not worth a bid. And unless the luster is much better than the picture shows, I don't think it gets more than 63-64.
My opinion Pass on this one.
Scott
Toned Coins for sale @ tonedcointrader.com
<< <i>Looks high grade. But my question is that if it is actually a high grade, why isn't it slabbed? That's not to say that I am a big fan of slabs, but how many high grade morgans do you see raw? >>
For commons, I'd imagine there are still quite a few, especially if they won't make 65. Below MS-65 for commons, it's often not cost-effective to slab them. Maybe some 64s at the economy rate, but even that's pushing it. I'm sure there are still a fair number of MS-63 and -64 raw Morgans out there, particularly in the common dates. With a decent return policy from a seller you trust, that might make it worth taking a chance on them at potential "rip" prices...but not when you can get a slabbed 64 for not much more than that opening bid.
Registry 1909-1958 Proof Lincolns
Al
Why step over the dollar to get to the cent? Because it's a 55DDO.
Thanksgiving National Battlefield Coin Show is November 29-30, 2024 at the Eisenhower Allstar Sportsplex, Gettysburg, PA. Tables are available. WWW.AmericasCoinShows.com
I do think it is a nice coin with overall eye appeal, but there are many dings and nicks in it.
USMC Veteran 1981-1992
Cold War Veteran
It's truly funny, no make that truly sad, that people in this day and age are so wrapped up in their own little world that they refuse to try and teach someone else the correct or accepted way of doing things.