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1893 CC Morgan Silver dollar | Morgan Silver Dollars17 of 44 |  |  |
Posted 10 months ago
kab0516
(36 items)
This is probably one of my favorite coins that I own. My great great grandfather was an avid coin collector and he would give out coins each Christmas. My grandfather received this coin as a christmas gift in the 1980s. I was given this coin not too long ago and my do I appreciate it. It would grade around an EF-40. VERY high grading for a coin such as this.
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Morgan Silver DollarsThe Morgan silver dollars of 1878 to 1904 and 1921 are probably the most co…
That's definitely a keeper! Within the top 5 of the most sought after of all the regular mint Morgans. My 2006 Redbook values that coin at $1400 in EF-40.
If I were you I would spend the $40 or so and send it to PCGS (Professional Coin Grading Service) and have it graded and slabbed. Get it out of that 2x2 cardboard.
Lovely! It's definitely worth getting it graded and slabbed. It would be much safer. My 2011 Red Book has it valued at $1750 in EF-40.
I have talked with several dealers and they have warned me about sending it to a professional grader. They told me that they had problems with getting a different coin than the one they sent.
I've had several coins graded and know dealers who only work with graded coins. PCGS and NGC are very reputable. Avoid the small companies. Occasionally the owner of a coin may disagree with the grade but it's more likely that your coin will reflect an accurate grade and be safer in the slab. Your coin may be under-graded although I can't tell because the photos aren't clear and it's in the 2x2 (or it may be over-graded). Also, if this coin ever makes it to the marketplace (even in a future generation) it will be easier to sell. It's a toss-up. Send it off if you want or just be careful with it - as I'm sure you are. Either way, it's a great coin! Thanks for sharing it.
Oh, kab9516. I will send you a chemical-free air-tite capsule in which you can safely store your coin. No charge, of course! I have a bunch. Here's my email address if you want it. Just send me your address. cskpurple@yahoo.com.
Purpledog, If I were to take clearer pictures would you be able to tell me a more precise grade? As I took a guess to grade it from pictures in a grading book. Also, I have some of those cases I will just have to locate them. Thanks for the offer though!
Perhaps you can take it to a dealer or more than 1 dealer so that it can be graded in person. They will look at it through magnification. If you have access to a coin show you can get the opinion of several dealers. Not all are trained graders but at least they have personal experience and expertise. Coins can be graded from photos and they are all the time on Ebay (not necessarily accurate). You'll get a more accurate grade from someone who can actually see the details, luster, patina, and so on. There are coin show schedules on several websites. You can try http://www.coininfo.com.
Just an added point to purpledog's expertise. - if you do have any dealer look at it, they would lay it out on a protected surface and more than likely be wearing hand protection of some sort. NEVER let the dealer take it out of your sight. Some are very sly and can switch it within a blink of an eye. Most professionals are honest, but there is always that 1% that are not. Learned from a past experience with a bad apple.
Boy, that's the truth! :)
kab0516: Good looking coin-very hard to grade a coin by a photo-as you probably already know-according to "Red Book"the mintage for 1893-cc Morgan dollar was 677,000.