1883-O Morgan with textile mega toning. New better pic added

Well here is a new pick up for me. I liked the green dots that are caused by the textile contact. This coin is not juiced at all other than to put it at a slight angle for the lighting to best show the colors. The reverse is clear of toning except for some very light color starting to form on the rim so I did not image it at the moment. Let me know what you think of the coin grade, eye appeal etc and if it should carry a premium for the color. (if a premium is warranted, how much?)

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Comments
Love textile toning but those pinks/purples scream loudly of AT.
bob
PS: I'm wrong about 50% of the time on these things!
No joke and even Sonny said it was NT
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
Nice coin !!
P.S. you can quote this on your thread if you like.
Sunnywood
<< <i>Classic third cycle color, bits of blue-green (Q) and emerald green (R) progressing to primarily "gold over green" (S) and magenta (T) on the Sunnywood color chart; definitely natural toning, look at the "pull-away" effect south side of the date numerals, and the classic textile toning on the portrait. The textile dots are always 1-2 color levels below the surrounding areas, as the "dots" are where the high points of the burlap weave contacted (and therefore protected) the coin, so that those high points toned slightly less than the surrounding areas, producing the effect of "textile dots."
Nice coin !!
P.S. you can quote this on your thread if you like.
Sunnywood >>
Sunnywood, as is usual, is completely spot-on with his description of the toning on this specimen. I remember the earlier thread about this coin and I praised it in that thread as well as being worth a hefty premium. The coin is incredible with its relatively clean surfaces, blazing luster, vibrancy of color, pattern of color, covers the entire surface so there's lots of color to enjoy, and it has textile to boot. Has to be in the top 1000 nicest toned Morgans in existence. Top 1000 might sound underwhelming at first, but you have to realize just how many nicely toned Morgans are out there. This one looks MS65 and probably worth around $750 to $1000.
It is fully priced at $465 in that holder. If one of the big boys crosses it, there is more room to run.
<< <i>You guys don't remember the thread about this coin? Seeing these pics, the pics in the auction were juiced, obviously, but it still looks decent. >>
I remembered it and John's comment about the green dots.
I thought I was going crazy with this different pic and the pattern I recalled, so thanks for the link to the other thread
Eric
2) in a PCGS 65 holder, that looks like a $5k coin to me
3) I have no opinion off an image on the odds of that happening
<< <i>
Apparently, not.
<< <i>
<< <i>1) that holder adds ZERO value to the coin. Crack it >>
Gotta disagree, there are plenty of people who are fans of the small, white ANACS holders.
Cracking and submitting raw may be the best option for getting it into a problem-free slab at PCGS though. >>
If you cross it you will likely get a PCGS 65. If you crack and submit, 65+ shot 66.
<< <i>I honestly do not see it going past the current grade because it is a very soft strike. I will try to get an image of the reverse posted soon for you all to view. >>
If the reverse breast feathers are non-existent or very weak, yes. They the breast feathers are mostly there, I still think its a shot 66 (based on image, of course, and if there are no hairlines hidden by the image)
And like Connecticoin, I could see a 65+ or 66 grade as well. But since color is the driver, the grade in this range is probably secondary.
But you have no downside or risk either if you try the crossing route. There's always going to be some buyers who will feel this is a 65. If this were the first gen ANACS holder with gold foil hologram on the reverse then
I might leave the coin in the holder. The generations that followed that don't have the same standing.
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.american-legacy-coins.com
<< <i>No way PCGS grades this MS65 with the roller marks on the cheek. Automatic DQ based on the criteria for strike required of a gem designation. >>
You kinda have to figure the coin has been tried for a crossover once or twice already...
<< <i>No way PCGS grades this MS65 with the roller marks on the cheek. Automatic DQ based on the criteria for strike required of a gem designation. >>
I see facial roller marks on MS65/66 Barber halves all the time. Have seen them on MS67's as well. Why should they limit a Morgan's grade to MS64?? I'd be more concerned with the overall strike quality than the roller marks.
Eagle's breast might be the limiting factor. The color is still the driver of this coin's price if the photos are accurate. I don't know about this coin having been tried before on a cross. If I had run across it I'd have just cracked out
and sent in in to PCGS.