Input about this 1889 morgan silver dollar please

btmoore9 · April 26, 2005 3:51AM

Can I get some input on this morgan dollar? If you all wouldn't mind telling me what you think of the coin in general and the grade and what you might pay for it. Thank you

K6AZ · April 26, 2005 3:54AM

Looks MS to me, probably a collector submission.

btmoore9 · April 26, 2005 3:59AM

What would you pay for this coin...average??

K6AZ · April 26, 2005 4:01AM

I try to buy 62 and above most of the time. I can tell you the coin has a retail value of about $25.

btmoore9 · April 26, 2005 4:04AM

Oh good!! I paid $19.99 for it. It's my first old coin that I've purchased and was just crossing my fingers about it

K6AZ · April 26, 2005 4:07AM

Be very careful buying coins online in this holder. Check out the links in my sig line for more information.

btmoore9 · April 26, 2005 4:27AM

Oh Boy!!! Guess I didn't do so good on my first old coin purchase hu!?!?!?! I didn't realize there were crappy coin grading companies out there...I just thought it was good to purchase them graded

.

btmoore9 · April 26, 2005 4:28AM

So when I get it can I open it and send it to a more reputable coin grading company? I see a lot of pcgs coins....maybe them??

K6AZ · April 26, 2005 4:31AM

Actually, the coin is a pretty obvious mint state specimen. It costs an average of over $20 a coin for grading at PCGS. If it were my coin, I would break it out and put it in an album.

btmoore9 · April 26, 2005 4:33AM

Doesn't mint state mean that it's in really good shape and worth getting graded?

K6AZ · April 26, 2005 4:41AM

<< <i>Doesn't mint state mean that it's in really good shape and worth getting graded? >>

Not for this date in a low MS grade. The coin has a retail value of about $25. Do you really want to spend over $20 to have it graded?

btmoore9 · April 26, 2005 4:43AM

You're right...good point! Thanks for your input

mirabela · April 26, 2005 4:49AM

It looks like there might be some rim damage over by the E in E Pluribus Unum. Can't tell for sure in the picture.

Coinhusker1 · April 26, 2005 5:45AM

Not a bad coin for $20. Nice strike and luster. I'd put it in an album, or a nice coin holder, such as an Intercept Shield or Coin World holder.

Rollerman · April 26, 2005 7:00AM

Just a thought, an accurately graded coin in that holder might be a collectors item if not now, someday. I'd keep it right were it is if it were mine.
Best wishes, Pete

MAD4MORGANS · April 26, 2005 8:56PM

IMO, I think the coin is mis-graded. It looks better than what the holder says. Gee, can I get sued for expressing my opinion??

If you get some sort of free grading from a membership somewhere, I'd crack it out and submit it. The reverse looks 64-65 to me.

Until then, I guess the holder provides a level of protection greater than having it raw.

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edited for spelling

dorkkarl · April 26, 2005 9:22PM

it's a common $25 coin

K S

sumnom · April 26, 2005 10:39PM

It may be common but it sure looks nice and 20 bucks was a good price. I say "well done!"

btmoore9 · April 26, 2005 10:39PM

Whew...thanks for all the input...don' feel bad about my purchase now

cartwheel · April 26, 2005 11:09PM

I never thought I'd say this about an ACG coin, but it looks better than the stated grade to me. If it looked good in-hand, I'd buy it (for a good price) and crack it out.

btmoore9 · April 26, 2005 11:26PM

I might see if when I get it I can scan it in and maybe get more pictures and then see what you all think I should do again

Input about this 1889 morgan silver dollar please

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