Guess The Grade: My Deep Dive into a Coin Grading Controversy
June 22, 2025Navigating the Sale of Mid-Grade Double Eagles: My Insights and Tips
June 22, 2025
The Excitement Around the ’86 Morgan
Morgan silver dollars have held my fascination for years, and this 1886 piece—often called the “awaited GTG” among collectors—really grabbed me. As I studied its photos, I remembered why these coins are numismatic staples: they weave history together with those lively grading discussions we all enjoy.
Grading Insights: The MS63 to MS65 Debate
Handling this coin showed me just how personal grading feels, even among experienced folks. From the images, I’d peg it as an MS64, but you should’ve heard the range of opinions! Here’s what stuck out to me:
- Jawline marks: These often keep Morgans from reaching gem status (MS65+)
- That scratch across the eagle’s breast: A real distraction that typically limits the grade to MS64
- Minor field hits: Tiny imperfections add up, making MS64 feel right over MS65
Isn’t it something? A coin that looks breathtaking at first glance might not hit gem level when you spot those little things. Really drives home why we need bright light and a keen eye.
Why Light Rim Toning Adds Value
What really charmed me was the light rim toning. Over the years, I’ve seen how this delicate coloring can elevate a coin, making it hotly pursued. Collectors will often pay 10-20% above book for such character—it’s like nature’s artistry boosting both beauty and value.
Handy Grading Tips I’ve Picked Up
This experience sharpened how I evaluate coins from photos. Always start with high-res images and scrutinize key spots like Liberty’s face and the eagle’s details. A few things I keep in mind:
- Focal flaws matter most: Marks near key features hurt grades more than edge nicks
- Compare with graded examples: If an MS65 has a glaring flaw, trust your gut—it might be overgraded
- Track the market: ’86 Morgans with unique traits often fetch auction premiums, so note every detail
These approaches help me avoid disappointments and feel surer about my collection choices.
The Thrill of Waiting for the Grade
That heart-pounding wait for the final slab? Pure collector adrenaline. I’ve paced floors over coins like this before. Whether it’s a Morgan or another silver piece, the big reveal either confirms your eye or teaches something new for next time.
At the end of the day, this ’86 GTG adventure reminded me why I love the hobby—every coin carries its tale, and unraveling it is where the magic happens. Happy hunting, and here’s hoping your next find sparkles straight from the mint!
