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NEWPS Gorgeous 1881s, how’d I do.

CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭
in U.S. Coin Forum

I know 81-s Morgan’s are known for being particularly amazing, but this is a drop dead gorgeous one. It looks like a easy 65 possible 66 to my inexperienced eyes. What do y’all think. Paid 125 for it. How’d I do?

Video: https://imgur.com/gallery/4KWz42b

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Comments

  • coinbufcoinbuf Posts: 11,818 ✭✭✭✭✭

    Looks like a $75 dipped out coin with secondary tone to me, I'd return it if you can.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @coinbuf said:
    Looks like a $75 dipped out coin with secondary tone to me, I'd return it if you can.

    The slab is from the 80s

  • coinbufcoinbuf Posts: 11,818 ✭✭✭✭✭

    @CalifornianKing said:

    @coinbuf said:
    Looks like a $75 dipped out coin with secondary tone to me, I'd return it if you can.

    The slab is from the 80s

    Yes I know from what I have read the firm was started by the founders of what is now Heritage, does not change my opinion.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • P0CKETCHANGEP0CKETCHANGE Posts: 3,027 ✭✭✭✭✭

    I'm not a big fan of Morgans, but this one has some character that's attractive to me. The reverse is especially nice with the color IMO. I will say that the gashes on the neck are pretty obvious, and there's quite a bit of fingerprinting on both sides. Overall I think you did okay. Definitely get a TrueView if you send it to our hosts.

    Nothing is as expensive as free money.

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @P0CKETCHANGE said:
    I'm not a big fan of Morgans, but this one has some character that's attractive to me. The reverse is especially nice with the color IMO. I will say that the gashes on the neck are pretty obvious, and there's quite a bit of fingerprinting on both sides. Overall I think you did okay. Definitely get a TrueView if you send it to our hosts.

    I’m honestly tempted to see if it will cross as a 65 and get a true view

  • ConnecticoinConnecticoin Posts: 13,109 ✭✭✭✭✭

    Looks like it has most if not all its original luster to me, and nice target toning. I think those holders are kind of cool, I would keep it as-is.

    *For Sale on Numismy* *For Sale on Ebay*
  • dagingerbeastttdagingerbeasttt Posts: 791 ✭✭✭✭

    @CalifornianKing said:

    @P0CKETCHANGE said:
    I'm not a big fan of Morgans, but this one has some character that's attractive to me. The reverse is especially nice with the color IMO. I will say that the gashes on the neck are pretty obvious, and there's quite a bit of fingerprinting on both sides. Overall I think you did okay. Definitely get a TrueView if you send it to our hosts.

    I’m honestly tempted to see if it will cross as a 65 and get a true view

    I wouldn't, from the picture it doesn't appear to have any luster in the obv.
    But it is not my money. If you do submit the coin good luck😊

  • scubafuelscubafuel Posts: 1,939 ✭✭✭✭✭

    It looks nice and I think you did fine. It was likely white when it went into that holder. I’d keep it there.
    A forum member above me is not known to be particularly complimentary in his/her postings.

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @scubafuel said:
    It looks nice and I think you did fine. It was likely white when it went into that holder. I’d keep it there.
    A forum member above me is not known to be particularly complimentary in his/her postings.

    Thank you!

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @Connecticoin said:
    Looks like it has most if not all its original luster to me, and nice target toning. I think those holders are kind of cool, I would keep it as-is.

    Do those holders sell for a premium? I mean a 65 PCGS is more than a 64 sooo

  • dagingerbeastttdagingerbeasttt Posts: 791 ✭✭✭✭

    @scubafuel said:
    It looks nice and I think you did fine. It was likely white when it went into that holder. I’d keep it there.
    A forum member above me is not known to be particularly complimentary in his/her postings.

    I didn't think I was being uncomplimentary or have I ever. Just my opinion 😊

  • Mr_SpudMr_Spud Posts: 6,159 ✭✭✭✭✭

    It’s attractive. The vampire marks on Liberty's neck might prevent it from going higherthan 63 or 64 though. The old holder makes it cooler than if in a PCGS holder, in my opinion

    Mr_Spud

  • relicsncoinsrelicsncoins Posts: 8,103 ✭✭✭✭✭

    Not sure from the photos how the luster is. That date is know for amazing luster. Being that it's a common date, not really worth cracking and submitting unless you think it would go 66. Based on the photos, I think it's properly graded at 64. A pleasing coin in a vintage holder.

    Need a Barber Half with ANACS photo certificate. If you have one for sale please PM me. Current Ebay auctions
  • pursuitoflibertypursuitofliberty Posts: 7,291 ✭✭✭✭✭

    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.


    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • MFeldMFeld Posts: 14,856 ✭✭✭✭✭

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    He said that he paid $125 for it.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    125, is it to much?

  • pursuitoflibertypursuitofliberty Posts: 7,291 ✭✭✭✭✭

    @MFeld said:

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    He said that he paid $125 for it.

    I am getting old. Totally missed that, and the video. :/

    That's a tad much for a 64, even a pretty 64. Too much marking, subdued luster on the obverse to 65 unless the color carries (IMO), and that color probably wouldn't carry it ... but this is not my genre.


    “We are only their care-takers,” he posed, “if we take good care of them, then centuries from now they may still be here … ”

    Todd - BHNC #242
  • braddickbraddick Posts: 24,802 ✭✭✭✭✭

    Lacking luster (for an 1881-S) prohibits a higher grade.

    peacockcoins

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @pursuitofliberty said:

    @MFeld said:

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    He said that he paid $125 for it.

    I am getting old. Totally missed that, and the video. :/

    That's a tad much for a 64, even a pretty 64. Too much marking, subdued luster on the obverse to 65 unless the color carries (IMO), and that color probably wouldn't carry it ... but this is not my genre.

    Damn. Why do every time I walk into a coin shop someone sees a young in-experienced autistic kid and decides to take advantage of me?!

  • nwcoastnwcoast Posts: 2,884 ✭✭✭✭✭

    I have a bunch of raw ones that look very similar, all from an original roll.
    I sent a couple of the nicer ones in to our host and they came back as 64’s.
    Their bar for this date and mm is pretty high.
    Perhaps mine aren’t as clean as yours?
    My target toning isn’t as strong.

    In any event, if you dig it, that’s what really counts! :-)

    Happy, humble, honored and proud recipient of the “You Suck” award 10/22/2014

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @nwcoast said:
    I have a bunch of raw ones that look very similar, all from an original roll.
    I sent a couple of the nicer ones in to our host and they came back as 64’s.
    Their bar for this date and mm is pretty high.
    Perhaps mine aren’t as clean as yours?
    My target toning isn’t as strong.

    In any event, if you dig it, that’s what really counts! :-)

    I like it. I just want to be able to resell it later without ideally taking a loss or if I take one not to much of one. 1881s's are known for being amazing.

  • cheezhedcheezhed Posts: 6,001 ✭✭✭✭✭

    I know some plastic carries a premium to me $125 is too much.

    Many happy BST transactions
  • MFeldMFeld Posts: 14,856 ✭✭✭✭✭

    @CalifornianKing said:

    @pursuitofliberty said:

    @MFeld said:

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    He said that he paid $125 for it.

    I am getting old. Totally missed that, and the video. :/

    That's a tad much for a 64, even a pretty 64. Too much marking, subdued luster on the obverse to 65 unless the color carries (IMO), and that color probably wouldn't carry it ... but this is not my genre.

    Damn. Why do every time I walk into a coin shop someone sees a young in-experienced autistic kid and decides to take advantage of me?!

    I’m not saying that’s what was done here. But no one can take advantage of you if you don’t let them.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • braddickbraddick Posts: 24,802 ✭✭✭✭✭

    If the OP liked the coin before this thread then he should still enjoy it afterward. In today's market $125. is not a crazy amount for your Morgan.

    peacockcoins

  • ConnecticoinConnecticoin Posts: 13,109 ✭✭✭✭✭

    @CalifornianKing said:

    @pursuitofliberty said:

    @MFeld said:

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    He said that he paid $125 for it.

    I am getting old. Totally missed that, and the video. :/

    That's a tad much for a 64, even a pretty 64. Too much marking, subdued luster on the obverse to 65 unless the color carries (IMO), and that color probably wouldn't carry it ... but this is not my genre.

    Damn. Why do every time I walk into a coin shop someone sees a young in-experienced autistic kid and decides to take advantage of me?!

    Don't fret. To me it is a PQ 64 or a just made-it 65 in a cool holder. $125 is probably full retail or a tad above that, but you will learn and get a better deal on comparable coins going forward.

    *For Sale on Numismy* *For Sale on Ebay*
  • JBKJBK Posts: 16,405 ✭✭✭✭✭

    So it sounds like it's worth most of what you paid for it, and should be kept as is. Any extra cost is just a slight tuition payment. :)

  • jesbrokenjesbroken Posts: 10,591 ✭✭✭✭✭

    @CaliforniaKing
    Do yourself a favor and do a little research before buying. You can check PCGS CoinFacts for yourself on your cell phone while at the dealer and educate yourself as to the coins value in a PCGS certified holder, which usually may add to the coins sale value. Here is an example of what you will see. Also, you can check HA, Great Collections and ebay websites to find what
    this type coin and grade have recently sold for. Easier to be uneducated while also easy to be educated. It's all up to you. Best of luck.
    Jim


    When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln

    Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
  • ifthevamzarockinifthevamzarockin Posts: 8,908 ✭✭✭✭✭

    It's a nice coin and all that matters is that you like it. :)
    If you like it $125 was not too much to pay.
    Price guides don't take into account for toning, ugly toning can be well below & monster toning can be well above.
    You never know what the future may bring, the holder may be worth more than the coin years from now. ;)

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @jesbroken said:
    @CaliforniaKing
    Do yourself a favor and do a little research before buying. You can check PCGS CoinFacts for yourself on your cell phone while at the dealer and educate yourself as to the coins value in a PCGS certified holder, which usually may add to the coins sale value. Here is an example of what you will see. Also, you can check HA, Great Collections and ebay websites to find what
    this type coin and grade have recently sold for. Easier to be uneducated while also easy to be educated. It's all up to you. Best of luck.
    Jim

    Yea.. There was no wifi there xD and anyways the price guide is just that a guide. People pay 5-10x as much for PQ coins (Not like this one) Plus I figured a old rare holder= like a rattler

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @Connecticoin said:

    @CalifornianKing said:

    @pursuitofliberty said:

    @MFeld said:

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    He said that he paid $125 for it.

    I am getting old. Totally missed that, and the video. :/

    That's a tad much for a 64, even a pretty 64. Too much marking, subdued luster on the obverse to 65 unless the color carries (IMO), and that color probably wouldn't carry it ... but this is not my genre.

    Damn. Why do every time I walk into a coin shop someone sees a young in-experienced autistic kid and decides to take advantage of me?!

    Don't fret. To me it is a PQ 64 or a just made-it 65 in a cool holder. $125 is probably full retail or a tad above that, but you will learn and get a better deal on comparable coins going forward.

    Yea, live you learn.

  • mark_dakmark_dak Posts: 1,144 ✭✭✭✭✭

    @CalifornianKing said:

    @pursuitofliberty said:
    Based on the reverse picture, which was taken at a better angle to view the luster, I think you did well (unless you paid moon money). Looks solid, and the holders are rare. I would leave it as is, but only because even at 65, 1881-s are not really hard to find.

    I also agree, the toning probably developed after it was holdered.

    125, is it to much?

    Short answer is yes. Reverse looks nice from what I see in the picture. Obverse is not as nice to my eye. Won't grade higher in my opinion. Leave it as is and maybe the holder can save some of your investment. Others would better value the holder, which I doubt does much to the value. We have all overpaid at one time or another.

    Enjoy the coin and move on.

  • panexpoguypanexpoguy Posts: 1,239 ✭✭✭✭✭

    I am with the 64 crowd on this, and I like the toning. You video shows some luster, but the obverse is not as nice as the reverse. Cool holder too. If you like it for the price, then that is what should matter most to you. Thanks for sharing it.

  • Namvet69Namvet69 Posts: 9,253 ✭✭✭✭✭

    Any chance the plastic used in that older holder is less stable? Is that holder electrostatically sealed or glued? Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

  • pcgscacgoldpcgscacgold Posts: 2,950 ✭✭✭✭✭

    If you like a coin best not to bring it here and ask about price.

    Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
    $5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
    CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572

  • chesterbchesterb Posts: 962 ✭✭✭✭✭

    I like it. For me the value would mostly be in the holder. Keep it and enjoy it.

  • lcoopielcoopie Posts: 8,873 ✭✭✭✭✭

    @chesterb said:
    I like it. For me the value would mostly be in the holder. Keep it and enjoy it.

    I’m not familiar with how valuable the holder is.

    LCoopie = Les
  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @ChrisH821 said:
    Asking what people think here is always risky business ;)

    How so?

  • CalifornianKingCalifornianKing Posts: 1,259 ✭✭✭✭

    @chesterb said:
    I like it. For me the value would mostly be in the holder. Keep it and enjoy it.

    Is the holder more valuable?

    @pcgscacgold said:
    If you like a coin best not to bring it here and ask about price.

    Why not?

  • pcgscacgoldpcgscacgold Posts: 2,950 ✭✭✭✭✭

    @CalifornianKing said:

    @chesterb said:
    I like it. For me the value would mostly be in the holder. Keep it and enjoy it.

    Is the holder more valuable?

    @pcgscacgold said:
    If you like a coin best not to bring it here and ask about price.

    Why not?

    If you really like the coin and you think you paid a fair amount why does it matter what others think?

    Successful BST with drddm, BustDMs, Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
    $5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
    CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572

  • LRCTomLRCTom Posts: 857 ✭✭✭

    It sounds like you really like the coin. If you paid full retail, so what. I like it also.

    LRC Numismatics eBay listings:
    http://stores.ebay.com/lrcnumismatics

  • ShaunBC5ShaunBC5 Posts: 1,793 ✭✭✭✭✭

    The “how’d I do?” question will be borne out by time and how you do when you sell. We’ve probably all got coins that were good or bad buys on the day we got them, and we’re under water or doing just fine on now (I’m looking at you, Proof Merc I got in ‘06 :( ).
    Get your money’s worth by enjoying the coin and learning. Paying full retail isn’t being taken advantage of. It’s not ideal, and maybe you can negotiate better next time, but you’re good.

  • ifthevamzarockinifthevamzarockin Posts: 8,908 ✭✭✭✭✭

    @Broadstruck "I pay that for 4 pizzas these days and have nothing the day after."

    Agree

    I'm thinking about heading to the casino this weekend and there is a good chance I will lose at least double that.

  • bfjohnsonbfjohnson Posts: 541 ✭✭✭

    I like the coin and the holder. Personally would leave it as is.

    BarberSet
  • BroadstruckBroadstruck Posts: 30,497 ✭✭✭✭✭

    @airplanenut said:

    @ifthevamzarockin said:
    Price guides don't take into account for toning, ugly toning can be well below & monster toning can be well above.

    That's true, but first you have to be able to identify ugly, monster, and in between. The photo doesn't show lustre well enough for me to fully judge it, but I think the toning is neutral at best, and this is the single easiest date for the entire Morgan series to find with screaming lustre, not to mention toning in every pattern. On the whole as a Morgan, the coin seems okay to me, but doesn't seem great. For an 81-S, it probably doesn't score as well. In short, a price guide can be useful, but you have to know about the coins to be able to use them.

    @Broadstruck said:
    I feel the coin was white when it was encapsulated and toned over time from the paper label.

    As to paying $125... Well I pay that for 4 pizzas these days and have nothing the day after.

    Not even indigestion?

    No at that price level it's a high quality last meal execution type of pie ;)

    To Err Is Human.... To Collect Err's Is Just Too Much Darn Tootin Fun!
  • MFeldMFeld Posts: 14,856 ✭✭✭✭✭
    edited February 7, 2021 5:51AM

    @pcgscacgold said:

    @CalifornianKing said:

    @chesterb said:
    I like it. For me the value would mostly be in the holder. Keep it and enjoy it.

    Is the holder more valuable?

    @pcgscacgold said:
    If you like a coin best not to bring it here and ask about price.

    Why not?

    If you really like the coin and you think you paid a fair amount why does it matter what others think?

    It could matter in terms of learning for the future. In this case, about market value, the type of holder and about toning (whether due to the holder in which it resides, or otherwise).

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Neither the coin nor the holder would interest me. It is, however, well known, that I do not care for tarnished coins. And I do not collect slabs, just coins. I would not recommend trying for a higher grade on that coin. Cheers, RickO

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