Posted: 7/22/2012 3:12:51 PM |
Finally received my 1887-O Morgan back from NGC.
To remind readers, I came across this GSA Morgan by accident a few months back when the Seller at a consignment shop, thinking it was a poor condition Morgan, sold it to me for a few dollars over spot. I received the blue envelope, COA and unopened plastic coin pouch for $32.00.
I submitted the coin to NGC for an array of reasons. The first, just to experience the process of submitting a GSA softpack. Another reason is to ensure the coin is correctly protected for future value. For those who did not know. NGC places the entire plastic pouch, unopened, into a more stiffer holder, adds a label and then seal the new holder around the original pouch.
The final grade for my GSA softpack 1887-O Morgan, is AU-55. Holder #4143879-001. I am pleased with that grade. I can now use this graded coin and compare it to the other raw Morgans that I have in my collection. I punched in my serial number into the the NGC verification site and found a few interesting things.
They posted the information but, not an image. Possibly, it is too early and uploading images does take extra time. I did notice, however, that the FMV is posted in red, which inicates that this FMV is a -- comparible -- FMV, based on similar like coins. I do not understand what that means but, at least the coin does have a FMV.
My Softpacked Morgan may not shine as a MS-70PL but, she is mine and she has a nice home with me.
Have fun in your adventures. . .
Semper Fi !
Here is the Obverse of the GSA softpack 1887-O Morgan:
Please Note: Member contributed comments do not reflect the views of the Certified Collectibles Group. View Full Disclaimer >