Bulk Morgan Grading

hiijacker · February 14, 2011 1:09PM

Ineed some advice on bulk grading Morgan dollars. I have about 500 morgans to grade. I have many common dates which appear to be uncirculated, and better dates that are in circulated condition. I was thinking to divide the submission up so all uncirculated are sent to gether with a minimum grade of ? and all the circulated better dates to be sent with no minimum grade.

What do you think should be the minimum grade for the common morgans?

morgandollar1878 · February 14, 2011 1:38PM

Don't know about dividing up by circ or unc, but you can only have a combination of 5 dates, denominations, mint marks.

baseballjeff · February 14, 2011 1:48PM

<< Don't know about dividing up by circ or unc, but you can only have a combination of 5 dates, denominations, mint marks. >>

Which is a big pain, that I wish PCGS would get there act together on so they don't tick off too many potential customers.

hiijacker · February 14, 2011 3:23PM

ok suppose i have all the same mintmarks. For commom dates, what would be a wise minimum grade to ask for?

droopyd · February 14, 2011 4:11PM

<< Which is a big pain, that I wish PCGS would get there act together on so they don't tick off too many potential customers. >>

I've always thought it would be to the TPGs' benefit to offer deals on grading of complete collections - submit a minimum of x different dates in a single series for the bulk price.

Unknown · February 14, 2011 5:52PM

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fivecents · February 14, 2011 7:20PM

<< What do you think should be the minimum grade for the common morgans? >>

MS63. The MS63 common date Morgans are bid around $42 and keep moving up in price.

abitofthisabitofthat · February 14, 2011 9:40PM

<< ok suppose i have all the same mintmarks. For commom dates, what would be a wise minimum grade to ask for? >>

This is not the right question to ask. You should specify a minimum grade where you are absolutely confident that about 70% will grade. Your question can't really be answered without evaluating the coins in question.

hiijacker · February 15, 2011 6:54AM

You are right about the 70% must grade issue. Here is my revised question,

Suppose I am will be sending the coins in only 1 submission, both the circulated better dates and the uncirculated commons. Therefore I will give no minimum grade.

SO assuming there are no cleaned or porblem coins everythimg should grade.

my question is where should I cutoff the common coins to be sent in? Meaning for the common date coins at which assumed grade level is it not worth the grading fees?

Obviously, it is not worth sending in a common morgan if it will only grade a XF or AU.

But what if it looks to me like it wil grade a 62, 63, or 64? At which level should i select the coins to submit?

RedTiger · February 15, 2011 10:17AM

<< You are right about the 70% must grade issue. Here is my revised question,

Suppose I am will be sending the coins in only 1 submission, both the circulated better dates and the uncirculated commons. Therefore I will give no minimum grade.

SO assuming there are no cleaned or porblem coins everythimg should grade.

my question is where should I cutoff the common coins to be sent in? Meaning for the common date coins at which assumed grade level is it not worth the grading fees?

Obviously, it is not worth sending in a common morgan if it will only grade a XF or AU.

But what if it looks to me like it wil grade a 62, 63, or 64? At which level should i select the coins to submit? >>

I agree with the other response. MS63. MS64 if you aren't that sure. If you aren't that good at grading, you might have someone else screen them.

Bulk Morgan Grading

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