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2replies
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Hi Paul --
It's a good date. Just about all CC Morgans are "can't go wrong" coins.
Looking at the grade, the amount of wear is low, about XF-40 I would say, but your coin has a severe mottled appearance. This will lower "net" grade at least two levels, to F-12.
Looking at the PCGS price guide, 1878CC in F-12 catalogs at $225. Catalog price is always inflated (unless the coin has superb eye appeal). Checking eBay, the coin sells to collectors between $150 and $200.
IMO, a retail price of $200 does not justify slabbing.
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Paul Richards Hi Paul, Thanks for introducing me to a new word “Mottled”, which I certainly will look up.
As always, appreciate your expertise and input.
Paul
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