Help me grade this 1896-O Morgan Dollar.... Grade revealed.

VamGuy

Please offer your opinion of grade...

ABC123

35

SilverEagles92

40

ziggy29

EF-40.

lkenefic

There seems to be more wear in the cotton bolls than I like in an XF coin but more detail than I typically see in the breast feathers and wings of a VF coin...I'll go with XF40.

Leo

DennisH

VF35

coinkat

I will buck the trend and assign a 45 to this one... it looks nice... not a bad strike and I like the detail, crust and overall look of the coin.

Wolf359

I love the reverse, but the obverse doesn't look right to me.

XF45.

VamGuy

3 more opinions and I'll post the actual grade.

roadrunner

AU55.......woah I can see I'm out in left field from the majority.
Isn't the gold toning on the reverse where the luster is? Or am I mistaken? Can't see it being not an AU.

roadrunner

messydesk

45

1921obsession

40.

VamGuy

Personally, I tagged this thing at XF 40. But it appears that we're all a bunch of amateurs...

Coxe

XF45. The strike makes it look like 40, but it has the wear that is getting closer to AU.

ziggy29

How's the luster on it? I can see a low AU grade if there's still a lot of luster, especially if this is just another mushy O-mint strike and not wear.

But 58? NGC screwed the pooch on that one, IMO. This is example of gradeflation at its finest. Most of the true 58s are going into 62 and 63 holders, and what used to be 53s or 55s are getting into 58 plastic. The wear on a 58 should not be widespread and immediately evident, IMO. If it is...55, tops.

coinkat

On a good day I can see 50... this one must look much different in hand than the image would suggest

roadrunner

Based on the luster and feather detail on the reverse it grades 58 on the reverse. The obv looks XF on first glance but there is luster in protected areas as well. I'd probably grade the obv a 53.
I know I'd not want to pay 58 money for this coin but it is AU.
Usually when one side appears to be much better than the better on higher graded coins you need to go back and assess the lower side again. On Morgan dollars the 2 sides should be close enough together regardless of what one's first impression is.

Gradeflation has been around for 15 years now. What difference does that make today?

roadrunner

messydesk

<< <i>But 58? NGC screwed the pooch on that one, IMO. >>


"Screwed the pooch" or "hit the sauce?"

Coxe

<< <i>

<< <i>But 58? NGC screwed the pooch on that one, IMO. >>


"Screwed the pooch" or "hit the sauce?" >>



Unless that is quite different in hand, I agree and have a number of upgrade candidates if that is AU58.

This is almost a perfect illustration of the difference between PCGS and NGC in and around AU graing of keys and semikeys. PCGS is hold back a coin to a ridiculous (IMO) degree while NGC will be liberal in assigning a higher grade more often than not. The perfect example would be this date in MS62. But the market decides how to value them.

LeeBone

<< <i>On a good day I can see 50... this one must look much different in hand than the image would suggest >>





I agree 100% with this...I need to see more luster in the pics

DennisH

AU58?

VamGuy

The coin is available at Heritage for a few more hours for anybody who wants to pony up $333.50 + shipping to see the luster in hand.

I'm inclined to think everybody here is going to pass on this deal.

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