Just Bob

I am of the opinion that this is not a genuine Morgan.

Welcome to the forum.
Your coin is not a mint error. It is what is known as a "Dryer coin." The theory is that these are coins which have been caught between the inner and outer drums of a commercial dryer, and the pressure and movement wears and deforms the rim. This is also the look when a coin has been "spooned," or tapped repeatedly around the rim. (Spooning is the first step in making a ring from a coin.) Regardless, it was not done this way at the mint.

NGC population is 16 in MS67, with none graded higher. PCGS population is 30 in MS67, 7 in MS67+, and 2 in MS68. My guess is that at the time of the auction, Feb., 2014, this MS67+ was the highest graded example, and at least two people wanted it very badly for their registry set. Unfortunately for the owner, when it came time to sell, the price had dropped substantially. That same $9,988 coin sold for $646 on Jan. 4, 2017.
The $800 price is much too high, also. An MS67 should be closer to $300 - $400, and an MS67+ about $500 - $600. (and, honestly, I think those prices are way too high, too, but if a buyer wants a coin badly, it is worth whatever they are willing to pay.)

Feel free to post images of any coin about which you may have questions or that you find interesting. We always like to look at pictures of coins, especially if they are clear and cropped as yours are.

This person has been selling coins for very high prices since 2018. Apparently, Grandfather's collection has taken 5 years to sort through so far.
Ashley, you are well within your rights to sell your coins for as much or as little as you want. However, if you continue to sell grossly overpriced coins to unsuspecting, uninformed buyers, don't expect to make many friends on this forum.

Welcome to the forum. Yours is a large date
.

Welcome to the forum. Yours is a large date
.

Welcome to the forum. Yours is a large date
.

Absolutely. More than once, I have searched through a world coin junk box and bought a handful of coins just because I liked the way they looked. I actually have a bid in for a set of coins on Ebay that I know very little about, and I am looking at a few more. I just like the designs, and the prices are well within my budget. 
 
The language on your coin is Latin. I could give you all the info, but I know you are the type who likes to research stuff for yourself, so I will give you a link to get you headed in the right direction.
https://en.numista.com/catalogue/pieces38901.html

Rim dings notwithstanding, I would say VF-XF, although I am not sure about the weak mint mark.

That "some guy" was Thomas L. Elder, writer, publisher, dealer, and producer of tokens and medals, and one of the organizers of the New York Numismatic Club. (J Sanford Saltus was also a founding member. Look him up for a tale of misadventure.) 
Tom Delorey (CaptHenway)_ has written a book cataloguing his tokens.

Simple. NGC has not updated their evaluation of these coins, so the price graph remains the same. When/if they update the price in their system, the line will either go up or down. If they change it to reflect actual prices realized, it will surely go down, and by a large amount. 
I realize that you would like to be able to look at that price and say that your coins are worth $250 each. But, in the real world, a coin is only worth what a buyer is willing to pay. The amount on a computer screen means absolutely nothing if no one is willing to pay that amount. Maybe one day the price of these will go up, and you can actually say that your coins are really worth $250. But right now, in the real world where people are actually buying and selling these coins, they are worth under $100. That's just the plain and simple truth. No amount of wishful thinking is going to change that. Sorry.

First off - Welcome to the forum.
In your above posts, you compared the strike of the Heartland Collection coin to yours. While it is true that your coin appears to be more fully struck, this is only one of many criteria for determining the grade of a coin. For Mint State coins, other factors to consider are: luster, the number, size and location of contact marks, and eye appeal. However, your coin is showing wear in several places, which removes it entirely from the category of Mint State. The most obvious wear is on the top of Liberty's cap, the high points of the strands of hair, and the bust, on the obverse. On the reverse, look at the tops of the eagle's wings, the claws, and the beak and head. But, for the sake of argument, let's assume that the wear was not there. You believe your coin to be a higher grade than MS66. There are numerous tics, dings, and hits scattered over both sides. There are prominent marks on the cheek, cap, bust, clothing, and in the fields in front of and behind the portrait. There are many more on the reverse. Even without the obvious wear, these marks would put your coin in the lower MS range, and nowhere near MS66. Your coin also appears to have suspicious looking parallel lines on both sides. I have to agree with the above posts by Zadok and others. I have a feeling that it would come back from the grading service with an "altered surfaces" designation.
These are probably not the responses you hoped to get, but they are honest opinions from members, some of whom are very knowledgeable.

I am of the opinion that this is not a genuine Morgan.

Take a look at this census page for Lincoln Memorial cents. Notice how many are graded below MS60. My guess is that many of these, and a lot of the mint state examples, were sent in by people who were sure that they had a doubled die or some other variety.
https://www.ngccoin.com/census/united-states/cents/100/

Take a look at this census page for Lincoln Memorial cents. Notice how many are graded below MS60. My guess is that many of these, and a lot of the mint state examples, were sent in by people who were sure that they had a doubled die or some other variety.
https://www.ngccoin.com/census/united-states/cents/100/

Are you familiar with the pirate movie term "Pieces of Eight?" Those are Spanish "Dollars", worth 8 Reales.  They were irregularly shaped hammered coins, often with part of the design missing. They were called "cobs," from the Spanish word "cabo" which referred to the fact that the clumps of silver were cut from the end of a bar and hammered into crude shapes. The cobs were coined in denominations of 1/2, 1, 2, 4, and 8 reales.  Your top two coins look to be 2 Reales pieces. The upper one is, I believe from Bolivia, as Powermad suggested, and the second one, if I am not mistaken, is from Peru. Specifically Lima, Peru. The top line of the reverse has the inscription "L 2 H." This stands for Lima, the denomination (2 reales) and the assayer's initial (H). The bottom line is H 00 L, with the "00" being the last two digits of the date, 1700. The 8 reales coins were sometimes cut into pieces and used as smaller denominations. That may be what your last piece is, or it could just be a remnant of a damaged coin. The cross with castles and lions can be seen on all three pieces. This was considered the obverse of the Peruvian coins, but it was on the reverse of coins from some of the other Spanish colonies.

I assumed you were Ashley, so that was a mistake on my part. Sorry, Meagan.
Go back and look at your first post. You said, "Getting ready to sort through some boxes of coins that my grandfather collected." You posted a picture of unopened boxes of what appears to be mint and proof sets. The clear implication is that you had just gotten these coins and had not gone through them yet. No mention of the fact that you had already been selling them for five years. Since none of us are mind readers, this sets the tone for every response that follows. At this point, we all think that you are looking for an education, and not for assistance in your ongoing sales venture. You asked for "insight," which could mean anything from the history of the coins, to the mintage figures, to an opinion on the appearance of the coins. You did not specifically ask for assistance in pricing, so how are members supposed to know this is what you were looking for?
In your second post you stated that some coins were being listed on Etsy (Instant red flag in the mind of every member, although you did not know this) then said, "Just wanted to share some others I have not listed."  Again, no request for assistance in pricing. But your third posts says, "That is why we are HERE to ask you guys for opinions and prices on what you would suggest they go for." How are we supposed to assist with pricing if you don't ask for that assistance? We aren't usually in the habit of telling sellers what they should charge unless asked.
Another quote: "...don’t have the money to spend on getting everything graded (as some of you have suggested),..."  This statement is not true. Please show us where any member suggested you have any of your coins graded. Because Sandon thought, as did all of us, that you had just received this large collection, he suggested you have them appraised by a local dealer or another party experienced in coin appraisal. That is not the same as sending them off to have them graded. No one else even mentioned grading or appraisal.
The claim that you have been selling coins for five years, but don't know how to price them does not hold water, especially if you sell on Ebay. A quick look at "Sold" listings would have given you all the information required to properly price your coins. And, as mentioned by others, there are numerous books and online resources to offer guidance, as well. Five years is a very long time to wander around in the dark.
Some of the most honest, genuine, and generous people I have ever met are members of this forum, but we really hate to see people being taken advantage of. As I said in my earlier post, it is your right to charge whatever you feel comfortable charging, but you shouldn't expect dedicated collectors you assist you in gouging people.

This person has been selling coins for very high prices since 2018. Apparently, Grandfather's collection has taken 5 years to sort through so far.
Ashley, you are well within your rights to sell your coins for as much or as little as you want. However, if you continue to sell grossly overpriced coins to unsuspecting, uninformed buyers, don't expect to make many friends on this forum.

Are you familiar with the pirate movie term "Pieces of Eight?" Those are Spanish "Dollars", worth 8 Reales.  They were irregularly shaped hammered coins, often with part of the design missing. They were called "cobs," from the Spanish word "cabo" which referred to the fact that the clumps of silver were cut from the end of a bar and hammered into crude shapes. The cobs were coined in denominations of 1/2, 1, 2, 4, and 8 reales.  Your top two coins look to be 2 Reales pieces. The upper one is, I believe from Bolivia, as Powermad suggested, and the second one, if I am not mistaken, is from Peru. Specifically Lima, Peru. The top line of the reverse has the inscription "L 2 H." This stands for Lima, the denomination (2 reales) and the assayer's initial (H). The bottom line is H 00 L, with the "00" being the last two digits of the date, 1700. The 8 reales coins were sometimes cut into pieces and used as smaller denominations. That may be what your last piece is, or it could just be a remnant of a damaged coin. The cross with castles and lions can be seen on all three pieces. This was considered the obverse of the Peruvian coins, but it was on the reverse of coins from some of the other Spanish colonies.

I assumed you were Ashley, so that was a mistake on my part. Sorry, Meagan.
Go back and look at your first post. You said, "Getting ready to sort through some boxes of coins that my grandfather collected." You posted a picture of unopened boxes of what appears to be mint and proof sets. The clear implication is that you had just gotten these coins and had not gone through them yet. No mention of the fact that you had already been selling them for five years. Since none of us are mind readers, this sets the tone for every response that follows. At this point, we all think that you are looking for an education, and not for assistance in your ongoing sales venture. You asked for "insight," which could mean anything from the history of the coins, to the mintage figures, to an opinion on the appearance of the coins. You did not specifically ask for assistance in pricing, so how are members supposed to know this is what you were looking for?
In your second post you stated that some coins were being listed on Etsy (Instant red flag in the mind of every member, although you did not know this) then said, "Just wanted to share some others I have not listed."  Again, no request for assistance in pricing. But your third posts says, "That is why we are HERE to ask you guys for opinions and prices on what you would suggest they go for." How are we supposed to assist with pricing if you don't ask for that assistance? We aren't usually in the habit of telling sellers what they should charge unless asked.
Another quote: "...don’t have the money to spend on getting everything graded (as some of you have suggested),..."  This statement is not true. Please show us where any member suggested you have any of your coins graded. Because Sandon thought, as did all of us, that you had just received this large collection, he suggested you have them appraised by a local dealer or another party experienced in coin appraisal. That is not the same as sending them off to have them graded. No one else even mentioned grading or appraisal.
The claim that you have been selling coins for five years, but don't know how to price them does not hold water, especially if you sell on Ebay. A quick look at "Sold" listings would have given you all the information required to properly price your coins. And, as mentioned by others, there are numerous books and online resources to offer guidance, as well. Five years is a very long time to wander around in the dark.
Some of the most honest, genuine, and generous people I have ever met are members of this forum, but we really hate to see people being taken advantage of. As I said in my earlier post, it is your right to charge whatever you feel comfortable charging, but you shouldn't expect dedicated collectors you assist you in gouging people.

This person has been selling coins for very high prices since 2018. Apparently, Grandfather's collection has taken 5 years to sort through so far.
Ashley, you are well within your rights to sell your coins for as much or as little as you want. However, if you continue to sell grossly overpriced coins to unsuspecting, uninformed buyers, don't expect to make many friends on this forum.

This person has been selling coins for very high prices since 2018. Apparently, Grandfather's collection has taken 5 years to sort through so far.
Ashley, you are well within your rights to sell your coins for as much or as little as you want. However, if you continue to sell grossly overpriced coins to unsuspecting, uninformed buyers, don't expect to make many friends on this forum.

This person has been selling coins for very high prices since 2018. Apparently, Grandfather's collection has taken 5 years to sort through so far.
Ashley, you are well within your rights to sell your coins for as much or as little as you want. However, if you continue to sell grossly overpriced coins to unsuspecting, uninformed buyers, don't expect to make many friends on this forum.

This person has been selling coins for very high prices since 2018. Apparently, Grandfather's collection has taken 5 years to sort through so far.
Ashley, you are well within your rights to sell your coins for as much or as little as you want. However, if you continue to sell grossly overpriced coins to unsuspecting, uninformed buyers, don't expect to make many friends on this forum.