Coin Grading ? ?

[R-n-R Magnolia SpringsAla]

I've got a very nice 1878 Morgan w/ S mint mark looks to be unculated, would it be worth it to send it in to be graded and if so how much does the grading cost??

 

[Crocket]

I belive it cost $25 to $35 to get a coin graded.

 

[Crispytoo]

A 78-s Morgan wholesales at about $50 and retails at $60 in MS-60 (lowest grade of uncirculation) so I would only slab it if it has sentimental value. Higher mint state specimens will bring more but it is not a rare mintage (over 9 million) when it comes to Morgans.




Crispytoo

 

[on-edge]

i was looking into having a 1807 dime slabbed at one time,i forget who i was going to use,but their rates
were based on the overall value of the coin that they were grading
if the coin fell between certain price brackets then they had a set price
i might still one day have it slabbed, but after i compared red book and blue book prices
it got put on the back burner,i couldn't believe the price drop between the two books!

 

[1859large]

Some sites even show a range of coins in each condition. I have been able to find pictures of "my coin" in various grades. There must be a similar site for US coins.

What ever you do don't polish it or do anything that might damage its current finish. Cleaning can degrade a coins value significantly and a polish could make it go from MS-60 to something lower and less value.

To be MS it has to be near perfect. No scratches, no wear, no marks, fresh. Copper might have a finger print but the color should be bright and shiny over most of it.

HH

1859