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Did anyone follow this toned Morgan result on GC?

U1chicagoU1chicago Posts: 6,498 ✭✭✭✭✭
in U.S. Coin Forum

I liked this one and knew it would do well, but I was still surprised to see it reach $15,936.75 with the buyer’s fee.

Was anyone else surprised at the final price?

Congrats to the consignor and to GC!

https://www.greatcollections.com/Coin/676306/1883-O-Morgan-Silver-Dollar-PCGS-MS-66-CAC-Toned


Comments

  • dmwestdmwest Posts: 959 ✭✭✭✭

    I can only afford the low end toners. Still paying above PCGS price guides for many of them but not too much...I try to stay at MS64 and higher but that's tough...it doesnt take much for the prices to start to climb....that is a nicely toned coin....if only I'd hit the lottery... :)

    Don't quote me on that.

  • nk1nknk1nk Posts: 477 ✭✭✭✭
    edited February 25, 2019 8:27AM

    Never mind

  • U1chicagoU1chicago Posts: 6,498 ✭✭✭✭✭
    edited February 25, 2019 8:24AM

    @nk1nk said:
    It was posted on aurora borealis Instagram yesterday with a screenshot of the final auction numbers so I’m assuming it’s the newest addition to that collection.

    I didn’t see it on his page.
    It was on the page of vivid_coins, who is not aurora borealis.
    I do think it would take someone like aurora to throw that many funds at a coin like that.

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited February 25, 2019 9:10AM

    This coin has a lot going for it. MS66 CAC, full obverse rainbow toning, and textile toning. Overall, it's a very clean and pleasing coin from the photos. In hand, the colors may really pop.

    Private Mint News | 2010 Lincoln Reverse Finalists
  • nk1nknk1nk Posts: 477 ✭✭✭✭

    @U1chicago said:

    @nk1nk said:
    It was posted on aurora borealis Instagram yesterday with a screenshot of the final auction numbers so I’m assuming it’s the newest addition to that collection.

    I didn’t see it on his page.
    It was on the page of vivid_coins, who is not aurora borealis.
    I do think it would take someone like aurora to throw that many funds at a coin like that.

    I just checked and I stand corrected. You are right it was posted on vivid coins page. I’ll edit my post. Thanks

  • joebb21joebb21 Posts: 4,769 ✭✭✭✭✭

    I was following it. I was outbid miles before the end but It doesnt really surprise me.
    It looked wonderful and real.

    may the fonz be with you...always...
  • U1chicagoU1chicago Posts: 6,498 ✭✭✭✭✭

    @nk1nk said:

    @U1chicago said:

    @nk1nk said:
    It was posted on aurora borealis Instagram yesterday with a screenshot of the final auction numbers so I’m assuming it’s the newest addition to that collection.

    I didn’t see it on his page.
    It was on the page of vivid_coins, who is not aurora borealis.
    I do think it would take someone like aurora to throw that many funds at a coin like that.


    I just checked and I stand corrected. You are right it was posted on vivid coins page. I’ll edit my post. Thanks

    No worries! :)

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited February 25, 2019 8:51AM

    I continue to be impressed by the amount of money being spent on coins. Certain segments seem healthy and this is an example of that.

    Private Mint News | 2010 Lincoln Reverse Finalists
  • PhilLynottPhilLynott Posts: 895 ✭✭✭✭✭

    I assume the two (or more) that went hard at this have seen it in person at some point before. I can't imagine bidding so high without a lot viewing, just from pictures is such a gamble.

  • SeattleSlammerSeattleSlammer Posts: 10,048 ✭✭✭✭✭
    edited February 25, 2019 9:26AM

    Too much! $3k is more like it. Maybe 4k if the luster is BLAZING.

  • ifthevamzarockinifthevamzarockin Posts: 8,908 ✭✭✭✭✭

    Very nice coin!

    16K !?!?!? I'll pass

  • coinbufcoinbuf Posts: 11,802 ✭✭✭✭✭

    @Zoins said:
    I continue to be impressed by the amount of money being spent on coins. Certain segments seem healthy and this is an example of that.

    The problem is that the money is being spent in small segments not across the broad spectrum of all coins which is not healthy.

    My Lincoln Registry
    My Collection of Old Holders

    Never a slave to one plastic brand will I ever be.
  • cnncoinscnncoins Posts: 414 ✭✭✭✭

    I was the underbidder...I thought I would buy it for sure, but someone had a huge bid. As Yosef said the color was real and it was gorgeous in hand. I'm OK with not buying however. Not sure what I would have done with it afterwards....

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited February 26, 2019 10:47AM

    @coinbuf said:

    @Zoins said:
    I continue to be impressed by the amount of money being spent on coins. Certain segments seem healthy and this is an example of that.

    The problem is that the money is being spent in small segments not across the broad spectrum of all coins which is not healthy.

    I think the bigger problem is income distribution in general: "The problem is that the money is being spent made in small segments not across the broad spectrum of all coins which is not healthy."

    Private Mint News | 2010 Lincoln Reverse Finalists
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited February 26, 2019 9:30AM

    @cnncoins said:
    I was the underbidder...I thought I would buy it for sure, but someone had a huge bid. As Yosef said the color was real and it was gorgeous in hand. I'm OK with not buying however. Not sure what I would have done with it afterwards....

    As for what you would have done with it, I hope you would look at it and not put it in a SDB.

    I have two toned Seated Dollars that I love looking at. One is with me and one is locked away. I should really keep both with me.

    Private Mint News | 2010 Lincoln Reverse Finalists
  • blitzdudeblitzdude Posts: 6,497 ✭✭✭✭✭

    That's one fugly Morgan right there. Worth about $350-$400 if you can get her clean.

  • Dave99BDave99B Posts: 8,683 ✭✭✭✭✭

    Not for me. Color looks 'fishy' to me.

    Dave

    Always looking for original, better date VF20-VF35 Barber quarters and halves, and a quality beer.
  • BryceMBryceM Posts: 11,851 ✭✭✭✭✭

    @Zoins said:
    This coin has a lot going for it. MS66 CAC, full obverse rainbow toning, and textile toning. Overall, it's a very clean and pleasing coin from the photos. In hand, the colors may really pop.

    I agree and I'd be willing to pay up to a 50% premium to buy it......... but that wouldn't even get me close. :)

  • No HeadlightsNo Headlights Posts: 2,100 ✭✭✭✭✭

    Not into the toned coin area. But I’m curious why the great majority of these coins seem to have great toning on the obverse. Simple math would stipulate about a 50/50 split on obverse and reverse, but that doesn’t seem to be the case. To each his own.

  • CatbertCatbert Posts: 7,594 ✭✭✭✭✭

    @Zoins said:
    This coin has a lot going for it. MS66 CAC, full obverse rainbow toning, and textile toning. Overall, it's a very clean and pleasing coin from the photos. In hand, the colors may really pop.

    Going to be a little bit of a azz here (pardon please), but the grade/sticker would not be what I would lead off with in describing the coin as having a lot going for it. Shouldn't we be focusing on the coin's features as primary before the very secondary plastic descriptions?

    I'm not a Morgan dollar fan, but it would be fun to own a screamer like this one at a reasonable price. That's a "duh" for most of us.

    Seated Half Society member #38
    "Got a flaming heart, can't get my fill"
  • LakesammmanLakesammman Posts: 17,453 ✭✭✭✭✭

    Not into the toned coin area. But I’m curious why the great majority of these coins seem to have great toning on the obverse. Simple math would stipulate about a 50/50 split on obverse and reverse, but that doesn’t seem to be the case. To each his own.

    Yep, they are, as shown in this current Legend Auction lot - the reverse toners just don't bring this kind of price so they aren't posted as often.

    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose, Cardinal.
  • ianrussellianrussell Posts: 2,496 ✭✭✭✭✭

    @cnncoins said:
    I was the underbidder...I thought I would buy it for sure, but someone had a huge bid. As Yosef said the color was real and it was gorgeous in hand. I'm OK with not buying however. Not sure what I would have done with it afterwards....

    Thank you for bidding CNN!

    • Ian
    Ian Russell
    Owner/Founder GreatCollections
    GreatCollections Coin Auctions - Certified Coin Auctions Every Week - Rare Coins & Coin Values
  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited February 26, 2019 1:35PM

    @Catbert said:

    @Zoins said:
    This coin has a lot going for it. MS66 CAC, full obverse rainbow toning, and textile toning. Overall, it's a very clean and pleasing coin from the photos. In hand, the colors may really pop.

    Going to be a little bit of a azz here (pardon please), but the grade/sticker would not be what I would lead off with in describing the coin as having a lot going for it. Shouldn't we be focusing on the coin's features as primary before the very secondary plastic descriptions?

    I'm not a Morgan dollar fan, but it would be fun to own a screamer like this one at a reasonable price. That's a "duh" for most of us.

    No offense taken but I’ve noticed that even for monster toners, high grade and CAC help with the price, and we are talking about the price here.

    Private Mint News | 2010 Lincoln Reverse Finalists

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