1899-O Morgan Dollar Lamination Error?

Discussion in 'US Coins Forum' started by jtlee321, Oct 1, 2016.

  1. jtlee321

    jtlee321 Well-Known Member

    Ok, this is the first lamination error Morgan I have ever seen in hand. I am assuming it's a lamination, I may be wrong. When I saw this, my first thought was of @Cascade. What do you think of it? By the way, it was in a basement slab.

    1899-O-Lamination-Detail.jpg 1899-O-Morgan-Dollar-Lamination-Error-Obverse.jpg 1899-O-Morgan-Dollar-Lamination-Error-Reverse.jpg
     
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  3. Cascade

    Cascade CAC Grader, Founding Member

    I like it. Looks like *a ton* of slag got caught in that planchet
     
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  4. DysfunctionalVeteran

    DysfunctionalVeteran Oddly enough

    I like it. Where did you find it again?
     
  5. jtlee321

    jtlee321 Well-Known Member

    It came from a local B&M. There was no mention of the lamination at all. It was simply in a basement slab labeled MS-67 WCG World Coin Grading. I laughed at the grade. But I alway's take a look at the coins in them, just in case. When I saw the reverse, my jaw just about hit the counter.
     
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  6. Cascade

    Cascade CAC Grader, Founding Member

    I would've laughed at the grade too. That's clearly a 68 ;)
     
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  7. jtlee321

    jtlee321 Well-Known Member

    You clearly have not been grading Morgan's for very long.. It's a 68+*DMPL.... :p
     
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  8. DysfunctionalVeteran

    DysfunctionalVeteran Oddly enough

    If you don't mind me asking, how many clams did you fork out?
     
  9. Nathan401

    Nathan401 Quis custodiet ipsos custodes?

    Great score. Good eye!!
     
  10. jtlee321

    jtlee321 Well-Known Member

    I don't mind you asking. I picked it up for $35.00.
     
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  11. SuperDave

    SuperDave Free the Cartwheels!

    Well, you can consign that to the "successful cherrypick" list. :)

    Pretty major detached lamination. Like the 1921 you just posted, it'll be a premium coin in front of the right buyers.
     
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  12. jtlee321

    jtlee321 Well-Known Member

    I bought it mostly for the "Cool Factor". I'd never seen a lamination like that before in hand on a Morgan. The price was right so I brought her home. I just did a little searching on eBay for Morgan's with Lamination errors and was surprised at the premiums they can bring.
     
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  13. SuperDave

    SuperDave Free the Cartwheels!

    And yours covers a significant uninterrupted area. It'd go for serious money if presented under the right conditions; regardless of grade it's a Heritage coin when/if you choose to liquidate.
     
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  14. Cascade

    Cascade CAC Grader, Founding Member

    Agreed.

    And too bad it's not an 83 Justin. We could request Heritage put them up back to back lol
     
  15. jtlee321

    jtlee321 Well-Known Member

    Seriously? Are you saying I could have just stumbled upon this? I only bought it because I thought it was cool and I remember all of @Cascade's topics on similar strike though's and lamination's. It's not really something I collect. I may seriously consider putting it up.

    Did you have an '83 similar to this Chris? Or are you talking about the Strike Through one you posted about recently?
     
  16. SuperDave

    SuperDave Free the Cartwheels!

    Pretty narrow niche appeal, which is why I suggested a well-heeled and broad Morgan buyer vase like Heritage's. The downside is you might catch a night when nobody who's both knowledgeable and interested is watching.

    Laminations aren't strictly uncommon with Morgans, but this one isn't "common." It has a very large, clean, thin delamination with plenty of detail remaining. If we posit it as a ~$50 MS62, it might fetch $100-125, near 65 money, that kind of premium. You could likely Ebay it with a $125 BIN and move it quickly.

    It's a tough call. I know it to be somewhat significant to those interested, but are going to find those interested? The constant conundrum. :)
     
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  17. Cascade

    Cascade CAC Grader, Founding Member

    The joke was if my 83 is a detached lamination strikethrough we might be able to get some bidiots to think they are mated pair coins thereby significantly raising the value if they were the same year
     
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  18. Paul M.

    Paul M. Well-Known Member

    I have 68+*DMPL, do I hear 69? MS69 anyone? :p

    Having it posted here and at certain Other Boards(tm) should help that situation. :p
     
  19. jtlee321

    jtlee321 Well-Known Member

    LOL.. Sorry, I did not catch it.. Yeah, I could tool the date a bit. LOL
     
  20. Cascade

    Cascade CAC Grader, Founding Member

    Lol
     
  21. dcarr

    dcarr Mint-Master

    Technically, that is a delamination.
     
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