My Deep Dive into the Awaited 1886 GTG Morgan Dollar

Like so many of you, I’ve been following the buzz around that intriguing 1886 Morgan dollar everyone’s calling the “awaited GTG” because of the grade debates it’s sparked. After decades in this hobby, I just had to share my perspective on this coin – including how I’d grade it, what I’m seeing in the market, and some hard-won tips I’ve gathered along the way.

Where I’d Grade This 1886 Morgan

After studying close-up images of this coin, I’d confidently put it at MS64. It shows that gorgeous luster and sharp strike we love in Morgans, but there’s no missing those contact marks on Liberty’s jaw and that scratch across the eagle’s breast feathers. These might seem minor, but they’re exactly the kind of flaws that hold a coin back from gem status – especially when they land in such noticeable spots.

Morgan Grading Tips From the Trenches

Grading Morgans always keeps us on our toes, doesn’t it? Through coins like this one, I’ve learned to always check the trouble spots first:

• Liberty’s jaw and cheek – even faint marks here often cap a coin at MS64
• Open fields like the eagle’s chest – scratches here scream “grade deduction”
• The rims – while the light toning on this coin actually boosts its charm, remember that toning can’t make up for major flaws

My best advice? When you’re on the fence, pull out certified examples for comparison or grab your loupe to catch what photos might hide.

What Toning Means for Value Right Now

What really grabbed me about this GTG coin was how that delicate rim toning transforms it. Collectors chasing toned coins will happily pay 20-30% over a white coin for this kind of look – especially when it’s balanced and attractive like here. But let’s be honest: it’s a fine line. Dark or splotchy toning can turn buyers away faster than you can say “Morgan dollar.” Always trust your eye for what’s appealing.

Why We Love the Waiting Game

Isn’t the anticipation half the fun with coins like this? That collective holding-our-breath moment before a grade reveal reminds me why I love this hobby – it brings us all together in shared excitement. And here’s something I’ve learned: trust your own judgment. If you’re convinced it’s a solid MS64 like I am, stand by that. Even the top grading services get it wrong sometimes. Keep hunting those GTG moments – they’re what make coin collecting such a joy!