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Grade this PCI AU58 Morgan? 1880 S

Spartcom5Spartcom5 Posts: 399 ✭✭✭
edited September 17, 2018 1:47PM in U.S. Coin Forum

Saw this at an antique store for $50. Obviously not worth the price at an AU58, however this looks much better than AU58. Still probably not worth the price but worth posting here! I think it looks like it was weakly struck and possibly MS something. Sorry for the bad antique store lighting, I tried my best!

Comments

  • cheezhedcheezhed Posts: 6,030 ✭✭✭✭✭

    You’re right it is overpriced.

    Many happy BST transactions
  • cameonut2011cameonut2011 Posts: 10,181 ✭✭✭✭✭

    You could easily buy a raw MS64 for that and have money left over.

  • Spartcom5Spartcom5 Posts: 399 ✭✭✭
    edited September 18, 2018 3:20AM

    Yes, I know it isn't worth it but I just wanted to confirm that I am correct in saying this is an MS coin not AU. Testing my grading skills a little that's all.

  • TreashuntTreashunt Posts: 6,747 ✭✭✭✭✭

    yes, unc

    Frank

    BHNC #203

  • gripgrip Posts: 9,962 ✭✭✭✭✭

    Look like a LE 63.

  • BillJonesBillJones Posts: 34,890 ✭✭✭✭✭

    Many years ago, PCI grading could run from one end to the other. I saw coins like this one which were under graded, and I also saw pieces that over graded. PCI was not the soul of consistency. There were collectors who posted here that they had cracked out PCI coins and had them upgraded by PCGS. From what I could see the upgrades were legitimate.

    As for the OP coin, it is Mint State, but I'm sure about the eye appeal. The toning might be unattractive. I can't tell from the photo.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • messydeskmessydesk Posts: 20,367 ✭✭✭✭✭

    If the holder says AU58, there's quite possibly a good reason for that hiding near the tip of Liberty's bust. The picture isn't giving a good view of that spot, so I can't comment further. Either way, it's overpriced at $50 and the toning is negatively affecting eye appeal.

  • tyler267tyler267 Posts: 1,306 ✭✭✭✭

    Hard to tell from the pic but the high points look like they could have slight wear. Even if it is Unc it is not high grade and probably worth the $50 at best.

  • BaleyBaley Posts: 22,663 ✭✭✭✭✭

    58 is a fair net grade. Doesn't matter if the weakness over the ear and on breast is wear or weak strike, this date is commonly found very nice, and along with nicks on face and funky toning, coin is not a prize, sorry.

    Liberty: Parent of Science & Industry

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    The coin does look comparable to low MS Morgans .... Not a coin I would spend $50 for....Cheers, RickO

  • PTVETTERPTVETTER Posts: 6,029 ✭✭✭✭✭

    I maybe the ONLY one but it may be worth the $50.00

    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • SmudgeSmudge Posts: 9,843 ✭✭✭✭✭

    Looks like wear or a weak strike on the hair over the ear. I am at 58. Not a $50 coin.

  • SamByrdSamByrd Posts: 3,131 ✭✭✭✭
    edited September 18, 2018 5:20PM

    Older PCI can be conservative and sometimes do upgrade. The coin in question lets say its MS62 it still not a 50 buck coin. This date is very available and maybe if I wanted that coin 30 bucks in an old slab. 50 bucks buys the coin on ebay in the link it was a closed auction but not unique Easy to find a nice 63 or 4 in that price range in a PCGS slab.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Is the mintmark upside down?

  • SmudgeSmudge Posts: 9,843 ✭✭✭✭✭

    Looks like it may be. Would that mean a different pricing situation?

  • mannie graymannie gray Posts: 7,259 ✭✭✭✭✭

    Cleaned, unattractive retoning.
    Pass.
    This date can be found beautiful and cheaper at any coin show that has more than 1 table.

  • CoinCrazyPACoinCrazyPA Posts: 2,899 ✭✭✭✭

    @RogerB said:
    Is the mintmark upside down?

    No its the large S version.

    Positive BST transactions: agentjim007, cohodk, CharlieC, Chrischampeon, DRG, 3 x delistamps, djdilliodon, gmherps13, jmski52, Meltdown, Mesquite, 2 x nibanny, themaster, 2 x segoja, Timbuk3, ve3rules, jom, Blackhawk, hchcoin, Relaxn, pitboss, blu62vette, Jfoot13, Jinx86, jfoot13,Ronb

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