Grading Raw Coins Online: A New Perspective

July 20, 2015 in Antique Coins, Auctions, Coins, Coins for sale, Collecting, Dollar Coins, E-commerce, Ebay, Education, Ethics, Investing, News, Numismatica, Numismatics, Photography, Rare Coins, Silver, Silver Coins, USA Coins

By: Michael Bugeja (Coin Update News)


In “Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia,” Q. David Bowers writes that the 1897-O Morgan dollar is rare at the MS63 grade, with only 400 to 800 surviving examples. In MS-64, he writes, only 80 to 150 exist and in MS-65, about 50 to 100. I decided to take a chance in a Proxibid online auction where I had been buying most of my raw coins, paying $276 for the above one with buyer’s premium.

In MS62, the 1897-O retails at $2,600 with about double that amount for an MS63. At MS64,… Full article at the source>

Source: (Coin Update News)

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