First GSA Softpack Morgan is back by John M. Robinson II

[CSJournals-migration]

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 conditions 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 and then lables 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 in 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 do 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 Morgan may not shine as a MS-70PL but, she is mine and she has a nice home with me.

 

Have fun in your adventure. . .

 

Semper Fi !

 

Jack

 

Here is the Obverse of the GSA softpack 1887-O Morgan:

 

See more journals by John M. Robinson II

[Six Mile Rick]

John, The 1887-O looks great in AU55 with it's full skin tone. Much nicer than a shiny MS63 that looks like it went through a rigorous beating. This morgan has very gentle/smooth looking facial features. The red FMV price is that of a regular non-GSA morgan. The price is in red since there is no real price for the soft pac as it is worth more.

 

Nice Pic,

 

Rick

[coinsbygary]

Nice Morgan, I'm glad you went with the soft-pack certification. Those GSA holders represent a significant part of collecting history. I'm glad that NGC certifies them intact rather then cracking them out and reholdering them, and in the process ruining a significant part of numismatic history. I am proud to own six NGC certified GSA holder Morgans. All the best.

Gary

 

[mkman123]

Looks great and I'm happy ngc kept it intact. When I get a cc morgans, its going to be in the original gsa box or slabbed by ngc intact in the box.

[mhomei]

very nice coin and an excellent deal could we see a bigger pic of just the coin

congrats

[nunfa0]

Very cool coin Jack and kudos on saving a piece of numismatic history.