My Insights on The Awaited ’86 GTG

I’ve been on pins and needles waiting for the grade reveal of this 1886 Morgan dollar, which got me thinking about all the little details that make coin grading so fascinating. Looking at this particular piece, it’s amazing how microscopic flaws can swing a grade one way or another – and why that uncertainty keeps collectors like us hooked.

What I’ve Learned Grading Morgans

After grading countless Morgan dollars from photos, I’ve realized it’s often the tiniest marks that decide between grades. For this ’86 Morgan, I’m guessing MS64 because of typical issues that block gem status. Keep an eye out for:

• Scuffs on Liberty’s jaw – they’re common but can easily drop a coin to MS64
• That scratch across the eagle’s breast feathers – a real killer for gem quality
• Subtle rim toning that actually boosts appeal for many collectors

I’ll never forget seeing a PCGS MS65 Morgan with a glaring gash – still puzzles me how it got that grade. Just shows grading isn’t perfect, and your own eyes matter most.

Market Moves and Collector Wisdom

Toned Morgans like this one regularly pull 10-20% over book value when the toning hits right. Always consider that premium when trading. Waiting for grades teaches patience and sharpens your eye – I’ve found the best lessons come from handling coins yourself. A few things I’ve picked up:

• Blow up those photos to hunt flaws before submission
• Check fields and high relief areas first – they show wear fastest
• Chat with fellow collectors – comparing notes builds better judgment

Grading from images is tough – I’ve blown calls myself – so start simple and let experience guide you.

Building Your Morgan Collection

For new Morgan collectors, focus on learning grading standards and watching price patterns. Coins like this ’86 with minor hits offer great value if you skip the gem chase. My golden rule? Keep detailed photo records and notes – you’ll be amazed how your grading eye improves over seasons. Still waiting on that final grade, but that’s the fun of our hobby – half the joy’s in the chase. Keep looking, keep learning, and savor every find!