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Opinions wanted on raw Trade $'s and 1 Morgan for possible future submission to PCGS.

TennesseeDaveTennesseeDave Posts: 4,890 ✭✭✭✭✭
edited May 20, 2026 5:22AM in U.S. Coin Forum

This 1874-P T$ was originally purchased by me in an Anacs AU-Details damaged holder. I assumed that they did not straight grade chop marked T$'s and cracked it out and sent it to Pcgs. It came back in an AU-details w/surface damage. I assumed it was due to the drill chop mark that they did not allow at that time for a straight grade. My question is for the Chop marked T$ collectors, do you think this coin has a good chance of getting a straight grade and possible grades or details grade.


1875-S chop marked T$ purchased in NGC Genuine-Chop marked holder.

1877-S T$ purchased raw.

1873-P T$ purchased raw.

1898-P Morgan purchased raw

Trade $'s

Comments

  • PeakRaritiesPeakRarities Posts: 4,824 ✭✭✭✭✭

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  • lermishlermish Posts: 4,654 ✭✭✭✭✭
    edited May 19, 2026 10:36AM

    @TennesseeDave said:
    This 1874-P T$ was originally purchased by me in an Anacs AU-Details damaged holder. I assumed that they did not straight grade chop marked T$'s and cracked it out and sent it to Pcgs. It came back in an AU-details w/surface damage. I assumed it was due to the drill chop mark that they did not allow at that time for a straight grade. My question is for the Chop marked T$ collectors, do you think this coin has a good chance of getting a straight grade and possible grades or details grade.


    Nice coin! Pretty good strike for the date too.

    PCGS is moderately inconsistent with grading chopped T$s and particularly with drill marks. Historically, if a coin only has a drill mark, they will not grade it (I seem to recall @tradedollarnut had an amazing gem coin with only one drill mark that wouldn't grade).

    However, if a coin has a drill mark among other chops, my experience is that PCGS will usually award it a numeric grade if it otherwise deserves it.

    Given how tough of a date 74-P is, I think it's worthy of several resubmissions **if ** you think it is otherwise a problem free coin. Is it possible the "Surface Damage" is regarding issues possible problems on the reverse, particularly on each side of the eagle?

    EDIT: I think it's probably not likely to get a straight grade. Do you have the details cert# so we can look at the TV?

    This coin is in a MS63 CAC holder:

    chopmarkedtradedollars.com

  • TennesseeDaveTennesseeDave Posts: 4,890 ✭✭✭✭✭
    edited May 19, 2026 10:59AM

    lermish the coin was last graded in Nov. 2011. The cert# was 20774539 but there was no TrueView.
    I felt that the surface damage was due to the area in front of Liberty's face where the chop pushed the metal above the surface of the coin.

    Trade $'s
  • lermishlermish Posts: 4,654 ✭✭✭✭✭
    edited May 19, 2026 11:00AM

    @TennesseeDave said:
    lermish the coin was last graded in Nov. 2011. The cert# was 20774539 but there was no TrueView.

    Oh, thought it was a bit more recent :D

    Here's the old "sniffer image". I think it is unlikely to receive a numerical grade

    chopmarkedtradedollars.com

  • TennesseeDaveTennesseeDave Posts: 4,890 ✭✭✭✭✭

    @lermish said:

    @TennesseeDave said:
    lermish the coin was last graded in Nov. 2011. The cert# was 20774539 but there was no TrueView.

    Oh, thought it was a bit more recent :D

    Here's the old "sniffer image". I think it is unlikely to receive a numerical grade

    You're probably right, but since I only gave $102 for it originally in Oct. 2011, I will send it in again just for the fun of it.

    Trade $'s
  • DDRDDR Posts: 1,666 ✭✭✭✭✭

    I'd send the 74-P back in. It's been 15 years since you last tried. The 74-P is very scarce chopmarked and PCGS has in the past straight graded chopmarked Trade Dollars with that particular mark. It could go either way but to me it's worth a shot.

  • BlueSofaBlueSofa Posts: 33 ✭✭✭

    Very nice to see a chopped 74-P!!! If ANACS only noted "damaged" on the original holder, and if the damage is believed to correspond to the drill marks (particularly the one at 11 o'clock with all the displaced metal, if that's also a drill mark), that would typically give me confidence that it would have a decent shot at a numerical grade at PCGS. I had a 76-CC with some classic, clean chops on the reverse but an ugly "punch" on the obverse, not a drill mark, and it came back from PCGS with a "details, damaged" label once or twice before it finally got an AU58. That said, I think I see some heavy hairlines on your coin, so I would not be very optimistic. Still, such a scarce coin. I like it!

  • BlueSofaBlueSofa Posts: 33 ✭✭✭

    The stars on the 73-P are bothering me a little. The length/shape of the "arms" of the stars seem too elongated/thin on some. But I could be talked out of it since the rest of it seems to check out.

  • Morgan13Morgan13 Posts: 2,409 ✭✭✭✭✭
    edited May 19, 2026 3:22PM

    The Morgan looks pretty good. I'm not sure about the toning though. Its definitely NT but its kind of blotchy. Not sure what's under it.
    I think its a 64 possibly a 65. Just my honest opinion.
    I am wrong. The Morgan was in a details holder.
    I give the benefit of doubt becasue images can sometimes make coins look off.

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  • coinbufcoinbuf Posts: 12,410 ✭✭✭✭✭

    @TennesseeDave said:
    lermish the coin was last graded in Nov. 2011. The cert# was 20774539 but there was no TrueView.
    I felt that the surface damage was due to the area in front of Liberty's face where the chop pushed the metal above the surface of the coin.

    I think the issue was/is with the marks between the eagles wing and America, looks cleaned/wiped in that spot. I do not like the surface of the 1898 Morgan, looks very off and I suspect a details grade for it. I think you would be wasting your money sending in both of these coins, but your choice.

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  • TennesseeDaveTennesseeDave Posts: 4,890 ✭✭✭✭✭
    edited May 19, 2026 1:57PM

    coinbuf stated:

    I think the issue was/is with the marks between the eagles wing and America, looks cleaned/wiped in that spot. I do not like the surface of the 1898 Morgan, looks very off and I suspect a details grade for it. I think you would be wasting your money sending in both of these coins, but your choice.

    Okay I think this has been interesting. I will admit that with the exception of the 74-P which was fully explained and the 75-S T$ which was in an NGC genuine chop marked holder, the other 3 coins posted were submitted raw to PCGS many years ago and failed to grade. All were Genuine but labeled as cleaned or in the case of the 98P Morgan was Altered surfaces. At least 10-15 years have passed, and I thought maybe the 4 Trade dollars might be worth a shot.

    Trade $'s

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