1893 S Morgan Silver Dollar
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8 posts in this topic

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The "1" in the date and the denticle appear to line up properly. There are other diagnostics for the 1893-S dollar that are not visible in this photo (The die scratch on the "T" in "LIBERTY"). Still I am going to assume that it is genuine.

The sharpness grade is VG, but the coin has been lightly cleaned, and there is a significant rim bump at 6 o'clock on the reverse that shows up slightly on the obverse. As such my net grade would be Good. It is a decent filler for a circulated Morgan Dollar set, which often lacks this key date.

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Because coin is rare date a net grade could be considered. Common dates would be no grade due to rim damage ?

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11 hours ago, numisport said:

Because coin is rare date a net grade could be considered. Common dates would be no grade due to rim damage ?

This coin would not get a grade from neither NGC nor PCGS. The rim bump would be enough to preclude a grade, and cleaning would re-enforce it. My "Good" grade was a net grade for pricing purposes. A common coin should be subject the same grading standards as a rare one. The big difference is that most people would not spend the grading money on a common piece.

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I would say good 6 details and ungradable due to the large rim dent and polished surfaces. 

Edited by Walkerfan

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I agree with VG details. 

That rim bump is just too severe. 

I really hate the whole idea that a rim bump on this date would be acceptable just because it is a key (the TPGs are often more forgiving of problems on key dates). That aspect of market grading is unacceptable to me: a rim bump is a rim bump. Call the spade what it is, and then I'll decide if I want to buy it or not. If I bought this as a problem free VG and then saw that giant bump, I would be quite upset! 

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I'd call it VG details because of the rim bump and it does appear that it has been cleaned sometime in the past and has re-toned somewhat.  Still, it's a good filler for a tough spot in a Morgan set.

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