Grade these Morgan dollars?
Spartcom5
Posts: 399 ✭✭✭
At a pawn shop earlier and noticed some very nice high grade examples. However, at $50 a piece I wanted some opinions first. I would say IMO atleast Ms 63 maybe better? Any input is greatly appreciated! Lighting wasn't the best and they are in 2x2s.
1889 I would say this is probably the best one of the lot and I should probably buy it?
1886 
1921 I actually bought this for $35 however, the scratch along the cheek is pretty distracting, may try and put it towards the 1889 instead.
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Comments
My personal opinion is for those prices and dates you're better off getting something already graded by PCGS.
That being said: 64,63,62
63, 63, 62 and I agree with @cheezhed at those prices (or possibly less) you could buy same grade already slabbed by PCGS
The whole worlds off its rocker, buy Gold™.
BOOMIN!™
Wooooha! Did someone just say it's officially "TACO™" Tuesday????
I think the 89 should go at least 64 and maybe even 65 on a good day. I would pass on the others.
Maybe but I'm already $35 in on the 1921, my mistake but I'm trying to see if I can maybe spend ten extra and grab the 89.
64, 62 and 62. I agree with the group, for that price I would look at ones already graded.
I think you may get more satisfaction from taking your money and getting yourself a nice MS65.
Or a 66.
IMHO the 89 is a decent coin for $50. looks like a lock ms 64, shot 65.
64
62
62
$50 a pop is way too expensive for these coins.
Pass.
If you can get the 1889 for $30-35, OK. Otherwise, no $$$$ here.
I have not studied Morgans but the mouth looks deformed on the 21. The hairline looks different too.
"A dog breaks your heart only one time and that is when they pass on". Unknown
$50 is too much for any of them, and much too much for the 1886 and 1921. The 1889 is the best of the group; I call it a 63 shot-64.
Raw coins at that price = no..... Slabbed Morgans at shows can be found for that price....Cheers, RickO
So basically i went back traded the 21 for the 89 plus ten bucks. Then i traded the 89 for $60 trade value for a gold ring for myself. The guy i traded is sending it out and hoping for a 64. All in all it worked out but ill be a lot more careful buying raw high grade morgans, thanks guys!
All raw unc. Morgans should be considered to be MS60. It's the plastic that gives them value and raw ones don't have any plastic. Let someone else take the risk and pick up the expense involved in having them slabbed.
Morgans are common, common, ultra-common.
If you have no idea how to grade then sure. Otherwise, the coin is what it is. There are still plenty of MS64-65 common dates out there and you aren’t going to buy them for $40 most of the time.
64, 63, and 62
Your position is extreme, and it would basically relegate all raw uncirculated coins to one grade. It didn’t work before the grading services started, and it doesn’t work now. If people cannot grade for themselves, they will only make mistakes when buying more expensive coins while relying on an imperfect plastic crutch.
89 - 64 maybe a 65 if the graders are feeling generous on that day
86 - has a very nice strike on the obverse and would probably get 64, I've seen a lot worse at 64
21 - has a nice strike as well but the hits on the face keep it at 62 maybe 63
For the prices that they are asking, you can just about get them at those prices already graded on eBay
With silver at around $16 an ounce, they're certainly not worth $50 raw. The better ones here are barely worth $50 graded if that.
These are just coins that were likely sold as junk silver when silver hit the $50+ ounce mark back in 2011 , and those that held on to these coins, and took a bath on the down slide, rummage thru the coins to try to find some numismatic value to recoup some of their losses.
With these raw silver dollars here, they might sell on Ebay for around $20 to $25 each, maybe the 1889 a bit more if it hasn't been harshly cleaned.
Don’t forget to add in grading and mailing fees
It would not be hard buy these common date Morgans in PCGS MS63 for 40-50 dollars. The price on common date MS64 seems to be going down to under 70 dollars. So 50 for these raw coins would be a gamble.