1897 o Morgan 0

[Familyman0327]

Is this 1897 0 Morgan worth grading in this condition

[Mr.Bill347]

No sorry I don’t see any premium value.

[Familyman0327]

On 5/11/2022 at 6:20 PM, Mr.Bill347 said:

No sorry I don’t see any premium value.

What do you think this coin would Grade ?

Edited May 11, 2022 by Familyman0327

[J P M]

I would not grade this coin.  It is hard to tell from the photo if it has been cleaned more than likely it has. If it has not it I would say a 30 but more likely a details coin. Just my opinion sorry.

[RWB]

Common date. Circulated condition with edge bumps. No collector premium. Worth about silver melt value. Absolutely no justification for paying for authentication and grading.

[Coinbuf]

Here is a page copy of the price guide in the NGC explorer page for the 1897-O Morgan dollar.   This coin is a better date and very expensive in the mint state grades, however your coin is very far from mint state.   Your photos are not good enough to say for sure if the coin has been cleaned, but they are good enough to say with certainty that your coin will not grade better than XF and a details grade is very possible due to the rim dings.   As you can see below the NGC price guide for a straight grade XF is $70, it will cost you $40-$50 to have it graded by NGC or PCGS (ANACS is a much cheaper option).  If you lucked out and it straight grades you might come out ahead by perhaps $20 or $30 after the costs to have it graded and if you are able to sell it for full retail.   It seems a very big gamble for an iffy $30 payday but that is your choice to make.

 

Eddited to add:  As I type this there are 7 XF40 1897-O Morgan dollars for sale on eBay, priced from a realistic $68 to a very hopeful $140.

 

1897 O $1 MS

Last updated 05/19/2021

BASE

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PrAg	G	VG	F	VF	XF	50	53	55	58	60	61	62	63	64
$40	$45	$47	$50	$52	$70	$90	$120	$180	$375	$1100	$1375	$2000	$4350	$12500

Edited May 12, 2022 by Coinbuf

[Woods020]

Agree with CB on all fronts. If it was in a little better shape you would have something. As is I think it detail grades so not worth the cost of grading. There are plenty of people that would like to have it to fill an album.