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Opinions on this inherited CC morgan
jwitten
Posts: 5,322 ✭✭✭✭✭
My wife’s grandfather recently passed and she was one of the three named benefactors. She took a picture of a few coins in his safe deposit box and this Morgan was one of them. Most of the rest of the coins were face value or melt value. I was surprised to see a cc in the group. What’s going on in front of her face? Looks like a full circle and a partial circle. Would it be worth grading or even have a shot at straight grading?
7
Comments
Would say it’s G04.
Send it in? Once graded - CDN CPG, price it.
Many estates I have worked with - the nice stuff was sold off years ago. What’s left is the crummy stuff.
What is a "collector coin browse box"?
Did you consider the possibility that the person who inherited the coin might want to keep it for sentimental reasons? Even if that’s not the case, not every question that’s raised here is for the purpose of making a fast buck.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I don’t know the cause of the circular areas but I think the coin is worth grading, has a good chance at a straight grade and is quite pleasing, overall. That aside, it also seems like a wonderful keepsake.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
seems like ed on the discoloration
it would be good to get it in plastic just to protect it and authenticate it (looks authentic)
I think it's worth getting graded too. And is the '79 in the background also a CC?
What is a rocket with a red livery?
The 79 is an S mint. He was a 95 year old farmer that was a former military police. His coolest possession was a case pocket knife he was given by president Eisenhower. He was chosen to guard his hospital room one time when he was sick I believe. Has Eisenhower’s initials and “Denver 55” engraved on the blade. His safety deposit box mostly had his will and other paperwork in it, and just a few coins.
cool stuff
Do I respond now or wait for your edit?
It looks like a G4 1889 CC that many album based collectors would love to own. The circular stains on the obverse would detract a bit but with an in-demand date/mm like this it would still bring very good money if you want to sell.
It might be touch and go for a Good-4 slab grade because of cleaning issues, but it should worth the Good price in any case. In other words it’s a decent filler for the dare and mint mark combination. It’s a good “album coin.”
Could be a space age livery service run by Leroy Jetson?
Surely, you meant edits.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I would start by simply rolling my eyes...
🙄
All comments reflect the opinion of the author, even when irrefutably accurate.
I'd rub the couple of areas with your thumb a short while and there's a good chance it will come right off.
Nice look on that 89-CC overall.
Looks like a coin that has seen many hands and pockets over the years....I like it and would likely leave it as is. I have several from my wife's grandfather that have the same "look" to them.
That Case knife is super cool!
Love the look of this coin!
There are probably some better, more responsible methods available
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
It’s okay. The banter and sidebars between members is more detracting than the two spots on the coin.
``https://ebay.us/m/KxolR5
Just as long as it_ really _is his thumb.
Nice coin, I would keep it.. I would not have it graded.. Is a great cc coin in its natural state as intended.. The flaws are part of its history..
If it wasn't such a circ piece I wouldn't have said that. JS
Unless you have concerns about the authenticity or plan to sell the coin, I would order an airtite or capital plastics holder and skip the TPG fees. I like the pocket knife more than the coin.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
I like the knife more than the coin too, but his son is inheriting that not us 😆 With me being the only coin collector there’s a chance we may get the coin. We would have no interest in selling, but I wouldn’t mind getting it slabbed for protection. Does pcgs offer any custom text options? Saying “Grandaddy’s CC” or anything? Seems like I’ve seen a few custom labels in the past.
I have seen labels like that in the past so I'm sure it is possible, however as I have never asked and do not submit to PCGS I could not tell you how to do so.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
If there was 1 CC in the collection, 1889 would be the one you'd want, although some folks would pick the 85 CC if it was in G4 condition since it is seldom seen with circulation.
Did some research on Ike and he suffered a heart attack while vacationing in Colorado in Sept 1955. He or someone close to him probably bought the knife engraved with the 'Denver 55' shortly thereafter as a memento. Ike smoked like 4 packs of cigarettes daily since WWII.
There are several Ike knives out there that he presented during his presidency. I believe one was on antique roadshow at some point. I believe case actually named a style after him since he was such a fan of the knives. I believe he has the paperwork presentation for it as well.
Judging only by the recent lowball thread discussions the thing to do may be simple: carry it in your pocket for 5-10 years. The cleaning issues/crop circles will be eradicated, wear will move closer to PO1 and value will increase.
"Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety," --- Benjamin Franklin
John Jay Pittman frequently rubbed his finger against his nose to pick up skin oils and then rubbed the coin.
All comments reflect the opinion of the author, even when irrefutably accurate.
I would slab it regardless of how it grades. It’s a key date and a really cool coin with an even better history. It’s much less likely to get lost and increases the likelihood of it passing down to future generations.
My wife’s uncle passed several years ago. He also had an 89-CC along with a few common date Morgan’s. I decided to slab it even though I knew wouldn’t straight grade.
Two opinions.
1. If you are going to sell, no need to get it graded. Fine like it is.
2. If you are going to keep as a remembrance, then yes get it graded to protect it.
bob
Could it make sense to wash it with xylene, or maybe acetone? The idea being to remove any grease or such that is still on the coin that made those circle marks, and maybe could get worse, but would do nothing to the patina and appearance which looks quite nice otherwise.
Acetone, perhaps. But I’m not familiar with xylene, so looked it up and it doesn’t sound like a good option to me.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
The coin could easily be well protected, much more economically, without the expense of grading,
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
there are 2 white areas. those seem like what is not there. what they are not is regular circ cameo like the rest of the coin.
i don't think white areas will clean off. at least what would happen is hurting the circ cameo on the rest of the coin. just leave it
Totally agree with Mark. Suggest a nice Capitol Plastics coin holder. Far less expensive than getting it slabbed and it's still an attractive holder that gives your coin good protection.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I don't think the "white areas" are real issues to a grader as the coin overall is quite original looking.
One caveat or exception ( about protection) is the authenticity/validity. And that’s the primary reason for “submission” , in this case.
``https://ebay.us/m/KxolR5
There are countless potential buyers who won’t have any question or concern regarding the coin’s authenticity, regardless of the protective holder it’s in.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
And there are countless folks who’ve likely left the hobby for good due to being duped by counterfeits made using this date/mint marked coin. Just sayin’.
Although this is just my reasoning and suggestion. Of course, the spots may prevent a numeric grade.
``https://ebay.us/m/KxolR5
It’s true that countless folks have been duped by counterfeits and left the hobby. There are even countless others who have been duped, and don’t know it yet. But that doesn’t mean this coin needs to be professionally graded, especially since @jwitten posted “We would have no interest in selling, but I wouldn’t mind getting it slabbed for protection.”
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Since I focused on CC Dollars my entire collecting career, I can say yes many have been duped. I too have been a victim, once, on an 1889CC that had added mintmarks. Just about anyone can fall prey to an expert alterer or counterfeiter (not Chinese though).
I like the idea of just putting in an aftermarket slab and protecting it. Makes perfect sense.
bob
Some cowboy bought a meal and a nights entertainment with that coin.
It needs something to protect it.
I'd spend the $40 to get it certified. Even if it doesn't straight-grade (I think it will... G4), at least it would be authenticated. Best of luck...
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