Is it worth Regrading my coin?
Oops_I_Invested
Posts: 2 ✭
Hello all,
Recently I've gotten lucky at an estate auction and found myself what I consider low BU 1883 S morgan dollar. This coin is beautiful and has all the necessary features to get a nice grade, EXCEPT that it's missing it's luster. I've sent it off to PCGS and the results came back as that it has been cleaned before. I've looked everywhere and there's no hairlines or major changes in color. Theres some marks on the face but that's about it. Should I send back to regrade and hope for the best? I've added photos of this coin below, please give me your insight, and what you all believe that it would grade at.
Thanks!
Best Regards,
Anthony 
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My apologies, here is the front of the coin
...she doesn’t look cleaned too bad but I would say no better than AU50 if she straight graded and not worth the extra fees...did the holder say AU details or MS details? If your going to sell it then leave it in the holder if you haven’t cracked it out yet. 83s are worth sending in at AU58 and above for future reference
I wouldn't re-submit it.
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That's not an MS coin and the surfaces don't look right. I wouldn't resubmit it.
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Overdipped and retoned?
Here's a warning parable for coin collectors...
Cleaned and PVC residue on the surface. Acetone bath will help with the PVC.
As for spotting the cleaning, look at the star on the left side of the reverse. It is darker along the periphery of the star and lighter in the fields. The star protected the fields immediatly surrounding the star from the cleaning. There are parallel lines within the lighter areas here as well.
Welcome to the forum!!!!! Great questions.
Save your money.
oh man
The coin is cleaned like PCGS determined, do not resubmit because it is not going to get any better and you will just be wasting more of your money. Even if it was not cleaned the grade would be AU50 - AU53 at best. Part of the cleaning is the splotchy changes of the surfaces on the reverse. The obverse is a little harder to tell because the photo is a little blurry, however it looks oddly shiny which is pretty indicative of cleaning.
Welcome to the family
I would not resubmitted it; trust PCGS and avoid un-necessary expenses. Keep it raw as a study piece.
One trip is enough in this case.
Common coin in lower grades like yours. Reverse has evidence of a cleaning. Halo around stars on obverse indicates a cleaning, although I can't see hairlines on the obverse like there is on the reverse.
Save you money. Hope you didn't over pay for it too.
bob
Most estate auctions I've been to the coins go for stupid money and the house usually attempts to present them as better than they are... Sliders called BU, overdipped coins - folks seem to love "bright, shiny" things. 83 S clearly is a great coin to have in MS grades, but sadly, yours is not. Save your money IMHO.
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The coin is not MS by a long shot. It is also cleaned. Until you know how to grade and catch surface alterations I recommend that you stop all coin purchases. Forget about "estate sales" as they are loaded with coins just like the one you bought.
No
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I have an 83S in very similar condition that has also been cleaned previously.
I would pass on the second attempt.
While a nice coin it is raw and the money saved on slabbing fees went toward the
purchase of other coins
"It's missing its luster," is the key phrase here. Luster is THE KEY to the MInt State and AU grades. If a coin does not have its luster, it's not Mint State and probably not even AU. A coin can be toned, even deeply toned, but the luster must show through the toning to be a Mint State piece.
Cleaning is light and perhaps market acceptable....but the coin is a 53 at best.
Surface preservation is a key aspect of how coins will grade; luster was booming when the coin left the mint, now it is long gone. I would just check out images on Coin Facts of a given coin like this of what it should look like. Even the rarest dates have plentiful examples. No coin you find by happenstance will be really special.
@Oops_I_Invested....Welcome aboard.... based on the above responses, I believe you have the message.. the coin is cleaned and not an MS coin...I suggest you spend time here on the forum and you will learn a lot... also get some books on coins and coin grading... there are also excellent online resources. Best of luck, Cheers, RickO
That's my take. Looks like some wipe lines on reverse as well. If you have some patience, stick it in a Kraft envelope for 3 or so years, it will probably look better with a little toning.
Great user name!
Welcome to the forums. The advice you’ve gotten here seems harsh, at first, but most of us have done similar (or far worse) things and learned the hard way. For coins with a significant numismatic premium, I’d stick to ones already in PCGS or NGC holders. Sure, there are deals to be had, but most estate sellers know enough to pick out the good stuff for themselves. True scores usually go to those with the most knowledge & experience. Rare coins are, well, rare - especially in BU/MS condition.
The picture of the reverse sure looks like it's been cleaned.
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Looks polished to me.
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