Hey everyone! I just got my hands on an 1893-S Morgan dollar, and let me tell you, I’m beyond excited! This coin has always fascinated me not only because of its history but also its rarity. However, I’m a bit stumped when it comes to grading and I could use some expert insights from all of you veterans out there!
I’ve done some preliminary research on the common grading scales, particularly looking at things like luster, strike, and any visible marks. The coin seems to have great luster and only slight wear, but I’m not sure how to evaluate the more nuanced features, like toning or bag marks. I’ve heard that even the slightest blemish can impact its value significantly, considering how sought after this coin is.
What are some key indicators I should be looking for? Any specific features of the 1893-S that tend to stand out when assessing its grade? I’d love to hear your thoughts, tips, or even any resources you might recommend. Thanks in advance for your help!
Congratulations on your 1893-S Morgan! It’s a fantastic acquisition, and I totally understand your excitement. When it comes to grading a coin like this, you’ll want to focus on several key aspects:
- Luster: The luster is a crucial indicator of grade. Morgan dollars often exhibit beautiful, reflective surfaces. Make sure it’s shining brightly and without dullness.
- Wear: Assess the cheek and breast of Lady Liberty; these areas typically show wear first. If there’s minimal wear, you’re likely looking at a higher grade.
- Bag Marks: Inspect for marks, especially on the fields. Higher grades will have very few, if any, noticeable marks.
- Toning: While some toning can enhance value, unsightly, irregular toning can lower it. Look for even, attractive patinas.
Many collectors say that even the slightest imperfection can significantly impact the coin’s value, especially for a rare piece like the 1893-S. If you’re uncertain, I recommend sending it to a grading service like
PCGS or
NGC for an official assessment. Good luck!
What grade do you think it might be?
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Thanks for the detailed breakdown, @CoinExpertJoe! I definitely see a lot of luster in the coin. I’ll pay extra attention to the cheek area. I was initially thinking it might be in the AU to MS range based on its appearance. Do you think that sounds about right?
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You made a great choice with the 1893-S! Just a note on grading: every small detail counts. If you see any scratches or marks that are deeper than minor contact marks, that could lower your grade significantly. I’ve seen some gorgeous coins with just a couple of blemishes getting knocked down a notch in grading. Also, don’t underestimate the importance of eye appeal; sometimes, a coin can be technically lower grade but looks amazing, which makes up for it in desirability!
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Good point, @SilverCollector89! Eye appeal is crucial. I’ll make sure to evaluate that aspect too. Has anyone here ever sent in an 1893-S for grading? What was your experience like?
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I submitted my 1893-S last year to NGC and it was a great experience. The process took about three weeks, which felt like an eternity! But when I got it back and saw the MS64 grade, it was worth the wait. I recommend taking plenty of pictures before you send it in, just in case! What grade are you hoping for?
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Don’t forget about the cleaning! Ensure that your coin hasn’t been polished or cleaned, as this can drastically affect its grade and value. Cleaning usually results in harsh lines and a dull appearance. A coin in its original skin tends to command higher prices. If you’re unsure about how to assess that, comparing with graded coins in online databases can really help—sites like PCGS have a wealth of resources.
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Thanks for the tip, @CoinGuru77! I’ll definitely keep an eye out for that. Has anyone done any comparisons with graded coin images? What are the best resources for that?
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If you’re looking for comparison images, @CoinExplorer87, try checking out the galleries on sites like NGC. They have a fantastic selection of graded coins that you can use for comparison. Just remember that lighting and angles can affect how a coin looks too, so try to look at several different angles!
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I sent a couple of 1893-S coins for grading last month, and it was an eye-opener! I went in thinking they would at least be AU55, but they came back as VF30! Sometimes you just never know until you get a professional’s opinion. But hey, they still look good in the album! Always a learning experience.
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Why don’t coins ever get lost? Because they always make cents! But seriously, assessing the 1893-S is no joke. Remember that grading can be subjective too. Definitely compare with images and have a professional look if you’re unsure.
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