1891cc GSA Morgan
logger7
Posts: 9,279 ✭✭✭✭✭
How would you grade this GSA?
5
logger7
Posts: 9,279 ✭✭✭✭✭
Comments
coin not large enough in photos
64 in my books. One of my favorite dates.
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Looks like a very nice coin 65 or better.
Tough date for GSA
Need better pics but based on those 66.
It'll probably end up MS64 but I could see it with a shot at MS65 but hard to tell with the picture.
Good luck if you decide to submit... either way it's a great coin.
Mark
Original surfaces
Nice 91cc!
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I’d say 63 shot at 64. Tough GSA date. Congrats! 🍾🎈🎉 👍🍺
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
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The subpar pictures make grading assessments nearly meaningless. But I’ll play the game anyway and guess MS63 (at best).
Based on the grade populations alone, chances of the coin grading MS64 or better are extremely slim. And I believe that in hand, the coin’s far more likely to look worse, rather than better.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I was the underbidder on this coin which sold for $2K plus the juice: https://www.liveauctioneers.com/item/220016420_1891-carson-city-morgan-silver-dollar
I assume you meant to link the GSA from the original photo. $2K is more than the coin is worth up to 64+ (although the GSA aspect will help in value). You linked to a coin in VF though.
You may have to be logged in to connect to it: https://p1.liveauctioneers.com/1044/396840/220016420_1_x.jpg?quality=80&sharpen=true&version=1763181786
According to GS, the 91cc GSA coins are worth $3400 in MS63, $10K in 64.
Its very difficult to grade from those images. It could be a 62 or it could be a 66. Those images are not usable for establishing a guess at a grade.
Student of numismatics and collector of Morgan dollars
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Agree hard to judge grade from photos. My comments though, the GSA holder doesn't state 'Uncirculated', which were given to the better coins and those without toning. This coin has no toning which concerns me. Also the 91 GSA card included will add hundreds to the final price.
Ms 62/63
Many of the GSA dollars - including high quality ones - are color-free.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
It looks as though the coin brought approximately MS62 money:
https://www.pcgs.com/coinfacts/coin/1891-cc-1-gsa-hoard/518881/63
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Correct. Here is the GSA card for the ones that did not have the Uncirclated on the holder. Tarnish was a reason to not have the Uncirculated included. The heavy scratches might be saying something about the OP GSA but occasionally there are some that just don't work that way (see below for example of not sure why in a GSA without Uncirculated).
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Thanks Mark,
I didn’t realize these were broken out in CoinFacts and that the premium was that large.
As others have said, being a GSA there is next to no chance this is a 64. I’d be shocked if it were more than a 62. 1890 are the hardest in “higher” grades, but 64 1891s are not common.
Agree, my bad, meant without toning. Most toned GSA did not get the Uncirculated slab.
Just because some of the coins were "culled" due to "heavy tarnish" according to the GSA and deemed 2nd class, does not preclude some of these coins from getting a respectable grade later on.
"Tarnish" has become more acceptable in recent years, so I have no problem occasionally taking a chance on these "rejects".
Here's a couple of commons that I've given a second chance to live a better life, with dignity lol...
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If that went 62 money I would say you scored hard.
65 easy money
If you’re talking about the coin in the opening post, @logger7 said he was the underbidder, so he wouldn’t be in a position to score “hard” or even soft. And as has already been posted, that date is very rare at the 64 level for GSA’s. In addition to that, no 65’s have even been graded. Nothing about the posted images gives the impression that the coin is better than all of the ones that have been graded.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
With a 30% bidder premium plus shipping and no GSA card listed, it would have been speculative to go a lot higher.
62 maybe +
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My current Registry sets:
✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
✓ Everyman Mint State Lincoln Cents (1909 – 1958)
✓ Morgan Dollar GSA Hoard (1878 – 1891)
Harsh blowup there!
IMHO it's 63 shot 64 as those do not appear to be heavier contacts esp. on obverse.
Well, just Love coins, period.
The images don’t look clear enough to show all of the flaws that could easily be present on the coin. I see no reason to assume that better pictures wouldn’t show more and/or more severe marks.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
62 imo. Maybe 63. The later in thread pics look better
My 64DMPL
Highly speculative/negative comment there. That may well be true but if you can't see something, it means neither that there is anything or that there is not, not logical at all.
Well, just Love coins, period.
The images are presented in a deceptive way, and didn't need to be.
This coin didn't receive the uncirculated designation either, however ANACS graded it 63/64. I believe it would be a solid 63 or 63+ today.
Based on the combination of the poor images and the population reports, I’m going by the odds. If you don’t think that’s logical, so be it.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Not able to throw out a guess with the pics the way they are.
This is from my collection and graded MS64 to use as reference.
I cant understand why the OP's coin is in GSA case used for what was felt at the time to be substandard coins.
GSA's are probably the only area of numismatics that I consider myself well versed and read. I would bet heavily that this is a coin with minimal luster and a flat, blah, appearance. The photo on the auction site confirms this. I would be astonished if it graded over MS62. There just aren't many MS64s out there, and I suspect the better ones were largely cracked out of their GSA holders long ago.
The photos above are heavily lit, and it still looks lifeless.
It is possible that GSA put it in a cull holder by mistake.
It is possible the coin looks nicer or has a flaw of some sort that we can’t determine with the pics provided.
It is also likely that the GSA did not have a competent numismatist sorting the massive number of Morgan’s they had to process.
I like it as a 63
I agree with 2windy2fish.
plus no spitting eagle, so I give it a chance at MS64 !
And what does the pop report tell us about the statistical likelihood of a grade of 63 or above?
All comments reflect the opinion of the author, even when irrefutably accurate.
@jmlanzaf
I think you misunderstood my comment
I’m trying to say that it is very difficult to make an accurate assessment of the coin with the pics provided and so many variables.
With a 91-CC, one also must consider the possibility that it's not a legit holder or has been pieced together from an opened holder. I don't see evidence of that here, but it's something to keep in mind given the premium for a 91-CC GSA.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
I agree.
All comments reflect the opinion of the author, even when irrefutably accurate.
The people sorting the coins in the gsa hoard often made mistakes.