How To Grade Morgan Silver Dollars - My Personal Grading Technique My Coin Shop Website portsmouthcoin... 800+ Videos / coinhelpu Coin Collecting Software mintstate.com/ Buy the book! ebay.us/wJ2MV9
I honestly believe that the grader's feelings for the day plays too much of a factor in deciding the grade. In a good mood? I'll give a 61! Bad mood or bored? That's a 58 all day!
As usual, thanks for sharing your best practices. The components of grading mint state coins are: luster, strike, eye appeal and surface preservation. Of the 4 , 60% of any given grade is attributed to surface preservation, so naturally this would be the most important grading component to master. You gave a great tool to help, like photograde. Another tool I use are your grading reveals , which is extensive and packed with information, some of which I have viewed a half dozen times, gleaning a new takeaway which I missed on a previous view. I enjoy your channel immensely, and it's all free if one can imagine that. Thank you for giving so much of yourself. Warmest Regards, TJ
Hi Daniel, Great Video! Around 10 years ago I bought two coins at a local coin shop. One was a 1878 with beautiful toning on the reverse for $25, and the other was a 1881--S BU for $28. Eight years ago my mother-in-law passed away and we found 2 Gold 1/2 Sovereign, Queen Victoria, 1893 and early 1900's, and I also had a $10 Gold from early 1900's given to me as a gift. I went to the Coin Fair and decided to get the three Gold Coins graded, and I decided to get the 1878 Toned Morgan Silver Dollar graded. I really like the tone on the reverse when I was buying it, while the Numismatics Manager, kept counting the reverse to make sure there was 7 Tail Feather and not 8. To me this Morgan Silver Dollar looked around a XF due to the lack of details on the Feathers on the Breast of the Reverse, Ervin Lee, the Manager, said it was more an AU, since it had too much details on the Obverse Hair. I thought that he might be correct, and so I sent it off to see what PCGS would grade it. PCGS graded it a 1878 7TF Reverse of 1879 AU55. If you would like to see the picture and judge for yourself go to PCGS Cert, and put in 30872108. The color looks more vibrant in real life, yet it is interesting to decide what the grade should be. It would not be an easy job when the Obverse is different than the Reverse.
I looked and I can see why it’s an AU55; there is a lot of chatter and fine scratches in the fields, both obverse and reverse. It’s also very interesting how that orange looking toning has outlined the IGWT motto and the Eagle.
I bought the Coin World's Making The Grade Book that you recommended in one of your other videos. Great in depth video to help us with grading. So much to learn and having fun doing it.
Good Morning Daniel!!🍵 Coin collecting life for me is so much simpler and joyful by leaving the grading up to my LCD's!!!😊 Ur far from local, Daniel, but ur still one of my main man/woman dealers!!!😀😀😀
I agree about the pictures being hard to judge the condition of a coin, because it is flat and can't roll it, I have the hardest time of spotting a cleaned coin, I have purposely bought cleaned coins just to judge cleaned coins it helps but I still miss them being cleaned. Great information my man 👍
Great information as always Daniel. I do enjoy learning as much as I can about coin collecting. For me though in my 66 years I may have held and really examined maybe 60 Morgan Dollars but, hundreds of thousands of Lincoln cents. I love your channel and all you do for the hobby. Take care.
I here you about the AU 58 I bought an 1880o Morgan in a PCGS AU 58 holder cracked it out dipped it sent it to NGC and it came back a MS 63 nice profit, true story.
Good morning! Extremely informative post. Kinda like getting the inside scoop on how the big boy graders are. Saving this post for future reference for sure. Thanks for the post!
Great video, you hit the nail on the head with the AU58 - MS60 grading. The same can be said with grading gold. I’ve come to the conclusion my eye just can’t tell the difference.
If you had it in hand, you'd be able to. MS surface preservation with AU luster will always knock it down 2 grades, and the hardest component to see in photos particularly on an AU coin is luster
@@texasjoe557 I have several in hand slabs to compare. It’s not always luster that determines an AU58 or MS60 grade. The difference between the two is so subjective, a coin could go either way on any given day.
@@FlyingDutchmanCoins - I hear you. They don't like giving out that 60 grade anymore, do they? not much difference in price typically between a 58 and 60
It is still so subjective Daniel. I have seen graded examples of Morgans graded PCGS MS-62 and 63 that I wouldn't even give grey sheet for. And turned around AU -58 -MS-62 even after looking at them on a grade scale that I feel should be higher. I guess a few sets of eyes or comparing them would help. Well I guess in our world still up to graders. Let's hope they are looking out for the collector. My rant. God Bless us everyone.
I was thinking about what the grades of my Morgans might be, and I turned on RU-vid and here you are. Absolutely crazy... as if RU-vid us reading my mind. I'm really curious about my 1904-O, 1921-D, 1878, 1898, 1881, 1879, 1901-O, 1894-O, and super clean 1921 are among the best ones imo. My 1904-O is super clean with nice luster too. My 1882 and 1883-O are pretty worn. Your video has helped me tremendously, Daniel. THANKS!
A wealth of information Daniel. Thank you! I have used PCGS lhoto grade many times then taken the coins to someone to grade me. I'm a bit on the conservative side when it comes to grading. I can definitely understand the reasoning to setup your own photograde. Coins in hand hand to compare other coins is a key. A I is the ultimate grading in my opinion.
D what up dog, really good video, thanks for putting it up. Most folks don't understand what these coins went through to get to us today. Yes, AU to MS is a question that has plagued mankind for all eternity 😊. If we could just narrow down "Luster" and how much "Luster" is left on the coin, that would be a great start. Then move on to a closer look at the actual surface, and what is going there. Oh yeah, telling the difference between "weak", and "incomplete" to wear is another skill. Coin Mule
Great video. I always have looked at the wear patterns of the eagle breast and wings. It seems so repetitive. Most Morgans have no detail in the breast and for some reason the left wing pattern wears first. My 2 cents.
Good morning Daniel, I like this video it is very interesting . I have Ben learning but still just bad Especially when it comes to Cleaned coins thanks great video 👍🇺🇸
Coin Grading A very interesting video. I’ve heard you talking about about AI grading on other videos. I don’t disagree with your perspectives on AI grading, but I do see some major issues with adopting it. First, humans have to set the parameters for what differentiates one grade from another. The machine can’t decide this. It’s similar to tolerances on machined parts. Machines can accurately measure the part, but a human has to decide what measurements equates to a good part vs a bad part. Second, who is going to pay for the research and the equipment to do this? I believe that this would increase the cost of grading the coin, and would inflate the cost of the coin to dealers and consumers. Finally, what happens to the value of the millions of coins that have been graded the “old fashion way”. I think this is an interesting concept, but IMHO it’s a long way from becoming reality.
You have to steer away from opinion when it comes to AI and AGI coin grading. AI or it might be AGI, will develop their own standard range for each grade, based on measurable metrics of the coin. AI isn't just programming grades, it learns. I recommend doing to research on AI and even the coming AGI, and see what it is already capable of doing. It's a game changer.
The Coin Geek said that with high AU coins, he's looking for disturbances in the fields before he looks at high-point wear. I agree with that. Slider coins, which may appear to have full luster, will always show disturbances in the fields.
I have a 1894-o Morgan silver dollar in MS62 condition (according to the 2x2 handwritten grade) ! I want to get it done professionally graded soon though!
If a get a sweet one.. I'll have my Grade in mind & go down to my Local Coin Shop & usually he'll knock me down one! I haven't ever submitted a coin for grading YET! A few slab ones I'm thinking of, curiously..is it better for one to crack it out or send off in the original case/slab?
Is it true that to have a brilliant Morgan Dollar it would of had to have been (cleaned , e-z-dipped) at some point to prevent discoloration and would this take metal off the coin ?? Great video AGAIN !!!