Home U.S. Coin Forum

$105 for these two, how'd I do?!

KurisuKurisu Posts: 1,844 ✭✭✭✭✭

Went to a local LCS yesterday to pick up an order. "A coin shop" in Littleton, CO...Paul and his adorable doggo run the store. He told me he was heading to the Florida show too for those of you going. He's incredibly sweet and fair...just like so many of you :blush:

My Morgan and Peace dollars are not any type of sets...just coins I liked over the years, as is much of my collection.
I only know a couple of VAMs and haven't checked to see if this Morgan is one.






Coins are Neato!

"If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

Comments

  • joeykoinsjoeykoins Posts: 14,845 ✭✭✭✭✭

    Very good, dude!
    Not bad at all.
    Esp. with the die cracks.
    B)

    "Jesus died for you and for me, Thank you,Jesus"!!!

    --- If it should happen I die and leave this world and you want to remember me. Please only remember my opening Sig Line.
  • Jzyskowski1Jzyskowski1 Posts: 6,651 ✭✭✭✭✭

    Fantastic young man
    I enjoy your comfort level and knowledge of coins. Always like your thoughts, as said in other threads, you display an ability to absorb what you learn and then apply it to the real world. 👍🏼
    Nice pick. 😁

    🎶 shout shout, let it all out 🎶

  • JBKJBK Posts: 14,734 ✭✭✭✭✭

    No idea on exact value but I would sleep well at night after that purchase. :)

  • slider23slider23 Posts: 638 ✭✭✭✭

    Check out this VAM as it has the die break in the star and UNITED: 1921-P VAM-3R3

  • jmlanzafjmlanzaf Posts: 31,839 ✭✭✭✭✭

    Decent price. Greysheet is $90

  • 291fifth291fifth Posts: 23,933 ✭✭✭✭✭

    Too much for common date coins in MS63.

    All glory is fleeting.
  • DeplorableDanDeplorableDan Posts: 2,531 ✭✭✭✭✭
    edited December 17, 2022 11:13AM

    @291fifth said:
    Too much for common date coins in MS63.

    I thought the same thing at first, but went to look at the price guides and I was surprised that it’s actually a fair price.

    I guess slabbed certified unc silver dollars are rarely under 50$ anymore, but it does seem like the pcgs price guide values are optimistic, considering that the 1923 peace has 100k graded in 63, and 50k for the 21 Morgan, not to mention the amount of ungraded examples in albums or rolls.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    The least expensive BINs for these two on eBay right now will cost you $125.

  • GRANDAMGRANDAM Posts: 8,363 ✭✭✭✭✭

    You did good and paid a fair price.

    GrandAm :)
  • coastaljerseyguycoastaljerseyguy Posts: 1,243 ✭✭✭✭✭

    You did good. Nice white PCGS MS63 coins for $105, not going to get a much better deal today.

  • MrweaseluvMrweaseluv Posts: 215 ✭✭✭✭✭
    edited December 17, 2022 12:18PM

    Hate to say this but 1921 "morgan" appears to be one of the new fake slabs coming out of china... PCGS does NOT label morgans "morgan"... Honestly hope i'm wrong...

    You may soar with the eagles, but weasels don't get sucked into jet engines!.
    https://www.cointalk.com/media/albums/the-2020-20-large-cent-set.1855/

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @Mrweaseluv said:
    Hate to say this but 1921 "morgan" appears to be one of the new fake slabs coming out of china... PCGS does NOT label morgans "morgan"... Honestly hope i'm wrong...

    I think you might be mistaken about that. All these eBay listings say "Morgan" on the label.

    https://www.ebay.com/sch/39464/i.html?_from=R40&_nkw=1921&LH_TitleDesc=0&LH_BIN=1&_sop=15&Grade=MS%2063&rt=nc&Certification=PCGS&_dcat=39464

  • MrweaseluvMrweaseluv Posts: 215 ✭✭✭✭✭
    edited December 17, 2022 12:30PM

    Don't think so... These are ALL fakes with the morgan label... they everywhere out there right now... If it doesn't have a pic on the verfication page.. don't trust it.... Here are a whole bunch already "caught"

    and on a side note I have over 50 slabbed morgans not one of them has "morgan" on the label like this...

    https://www.cointalk.com/threads/morgan-morgans-may-have-found-the-inspiration-for-the-latest-bad-slabbed-ones.401533/#post-11534325

    You may soar with the eagles, but weasels don't get sucked into jet engines!.
    https://www.cointalk.com/media/albums/the-2020-20-large-cent-set.1855/

  • gtstanggtstang Posts: 1,692 ✭✭✭✭✭

    @Mrweaseluv said:
    Don't think so... These are ALL fakes with the morgan label... they everywhere out there right now... If it doesn't have a pic on the verfication page.. don't trust it.... Here are a whole bunch already "caught"

    and on a side note I have over 50 slabbed morgans not one of them has "morgan" on the label like this...

    https://www.cointalk.com/threads/morgan-morgans-may-have-found-the-inspiration-for-the-latest-bad-slabbed-ones.401533/#post-11534325

    All these fake ones you show also have the bar code on the front of the slab.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭
    edited December 17, 2022 1:32PM

    @Mrweaseluv said:
    Don't think so...

    All the Morgans on the eBay page I linked to are fake?

    @Mrweaseluv said:
    and on a side note I have over 50 slabbed morgans not one of them has "morgan" on the label like this...

    Post an image of one of your 1921 Morgans.

  • 291fifth291fifth Posts: 23,933 ✭✭✭✭✭

    @MFeld said:

    @291fifth said:
    Too much for common date coins in MS63.

    Too much by how much? I think it would be difficult to get the pair for less than $100, elsewhere and even that price might not be easy.

    Common date MS63s ... in my opinion a waste of valuable collector resources.

    All glory is fleeting.
  • bsshog40bsshog40 Posts: 3,773 ✭✭✭✭✭

    I've always liked the die cracks that come out of these 21' morgans. Nice coins!

  • KurisuKurisu Posts: 1,844 ✭✭✭✭✭

    @Jzyskowski1 said:
    Fantastic young man
    I enjoy your comfort level and knowledge of coins. Always like your thoughts, as said in other threads, you display an ability to absorb what you learn and then apply it to the real world. 👍🏼
    Nice pick. 😁

    You made my day sir. I appreciate that, thank you! :smiley:

    @slider23 said:
    Check out this VAM as it has the die break in the star and UNITED: 1921-P VAM-3R3

    Thanks! I'll check it out. On my sticky, to do for Sunday :smile:

    Feeling like I'm learning new things here...thanks everyone!!! :smiley:

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • goldengolden Posts: 9,045 ✭✭✭✭✭

    Enjoy your coins!

  • logger7logger7 Posts: 8,069 ✭✭✭✭✭

    Older holders and lower serial numbers, nice coins.

  • Project NumismaticsProject Numismatics Posts: 1,333 ✭✭✭✭✭

    Coins looks accurately graded and price was good - I think you did well and hope you enjoy them!

  • bigtime36bigtime36 Posts: 961 ✭✭✭✭

    I'd love to know what shop seeing I'm only 15 min from Littleton, always looking to see new places and coins.

    Collect raw morgans, walkers, mercs, SLQ, barber q. Looking at getting into earlier date coins pre 1900s.

  • KurisuKurisu Posts: 1,844 ✭✭✭✭✭

    @bigtime36 said:
    I'd love to know what shop seeing I'm only 15 min from Littleton, always looking to see new places and coins.

    I mentioned it in the post... :smiley:

    "A Coin Shop" - 1500 W Littleton Blvd #109, Littleton, CO 80120

    My other local favorit is "World of Coins" - 7735 W Long Dr, Littleton, CO 80123
    He's in the strip malls across the stree from Columbine HIgh School and Clement Park.

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • gumby1234gumby1234 Posts: 5,425 ✭✭✭✭✭

    I think the price is fair. Collect what you like, not what others think you should. Common dates for sure, but they look nice.

    Check out VAMWorld. You will be able to figure out what VAM each coin is easily with those die cracks.

    Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM

  • MrweaseluvMrweaseluv Posts: 215 ✭✭✭✭✭
    edited December 18, 2022 2:03PM

    @MasonG said:

    @Mrweaseluv said:
    Don't think so...

    All the Morgans on the eBay page I linked to are fake?

    @Mrweaseluv said:
    and on a side note I have over 50 slabbed morgans not one of them has "morgan" on the label like this...

    Post an image of one of your 1921 Morgans. here's a few for you...


    You may soar with the eagles, but weasels don't get sucked into jet engines!.
    https://www.cointalk.com/media/albums/the-2020-20-large-cent-set.1855/

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @Mrweaseluv said:

    @MasonG said:

    @Mrweaseluv said:
    Don't think so...

    All the Morgans on the eBay page I linked to are fake?

    @Mrweaseluv said:
    and on a side note I have over 50 slabbed morgans not one of them has "morgan" on the label like this...

    Post an image of one of your 1921 Morgans.

    here's a few for you...

    Ok- thanks. Did you look at the eBay link I posted? Are you saying all the PCGS graded Morgans there with "MORGAN" on the label are counterfeits? If you go to the Heritage Auctions website, you can find PCGS graded 1921 Morgans in their archives with "MORGAN" on the label. Do you think those are counterfeits?

  • MFeldMFeld Posts: 12,019 ✭✭✭✭✭
    edited December 18, 2022 2:37PM

    @MasonG said:

    @Mrweaseluv said:

    @MasonG said:

    @Mrweaseluv said:
    Don't think so...

    All the Morgans on the eBay page I linked to are fake?

    @Mrweaseluv said:
    and on a side note I have over 50 slabbed morgans not one of them has "morgan" on the label like this...

    Post an image of one of your 1921 Morgans.

    here's a few for you...

    Ok- thanks. Did you look at the eBay link I posted? Are you saying all the PCGS graded Morgans there with "MORGAN" on the label are counterfeits? If you go to the Heritage Auctions website, you can find PCGS graded 1921 Morgans in their archives with "MORGAN" on the label. Do you think those are counterfeits?

    Hopefully, he’s not saying that all 1921 Morgan’s with “MORGAN” on the label are counterfeit. Because if he were, he’d be incorrect and impugning sellers of genuine examples.

    https://coins.ha.com/c/search-results.zx?N=51+382+790+231&Ntk=SI_Titles&Nty=1&Ntt=1921+morgan+ngc&limitTo=all

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @MFeld said:

    Hopefully, he’s not saying that all 1921 Morgan’s with “MORGAN” on the label are counterfeit. Because if he were, he’d be incorrect and impugning sellers of genuine examples.

    He seems to be saying just that:

    Mrweaseluv Posts: 178 ✭✭✭✭✭December 17, 2022 12:16PM edited December 17, 2022 12:18PM

    "Hate to say this but 1921 "morgan" appears to be one of the new fake slabs coming out of china... PCGS does NOT label morgans "morgan"... Honestly hope i'm wrong..."

  • MFeldMFeld Posts: 12,019 ✭✭✭✭✭

    @MasonG said:

    @MFeld said:

    Hopefully, he’s not saying that all 1921 Morgan’s with “MORGAN” on the label are counterfeit. Because if he were, he’d be incorrect and impugning sellers of genuine examples.

    He seems to be saying just that:

    Mrweaseluv Posts: 178 ✭✭✭✭✭December 17, 2022 12:16PM edited December 17, 2022 12:18PM

    "Hate to say this but 1921 "morgan" appears to be one of the new fake slabs coming out of china... PCGS does NOT label morgans "morgan"... Honestly hope i'm wrong..."

    The good news is that he was wrong and has been presented with plenty of evidence to disprove his statement. He should retract it.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • dhikewhitneydhikewhitney Posts: 361 ✭✭✭

    If I'm reading PCGS Price Guide correctly ($112 + $90), you paid 52% of full retail. In the past I felt good at 70-75% for gold coins.

  • MrweaseluvMrweaseluv Posts: 215 ✭✭✭✭✭
    edited December 18, 2022 3:00PM

    @MasonG said:

    @Mrweaseluv said:

    @MasonG said:

    @Mrweaseluv said:
    Don't think so...

    All the Morgans on the eBay page I linked to are fake?

    @Mrweaseluv said:
    and on a side note I have over 50 slabbed morgans not one of them has "morgan" on the label like this...

    Post an image of one of your 1921 Morgans.

    here's a few for you...

    Ok- thanks. Did you look at the eBay link I posted? Are you saying all the PCGS graded Morgans there with "MORGAN" on the label are counterfeits? If you go to the Heritage Auctions website, you can find PCGS graded 1921 Morgans in their archives with "MORGAN" on the label. Do you think those are counterfeits?

    No, not "all" but this IS the label that is being counterfeited.. As In my 1st post I said I HOPE im wrong and on this one it seems I am. That is a good thing and I'm happy for the OP.. But at this time those "morgan" labels are the ones pouring out of china right now and fooling some of the best collectors out there. As I also said in my 1st post... No matching photos on the verification page, I wouldn't take the risk in the present market.

    You may soar with the eagles, but weasels don't get sucked into jet engines!.
    https://www.cointalk.com/media/albums/the-2020-20-large-cent-set.1855/

  • LazybonesLazybones Posts: 1,394 ✭✭✭✭✭

    Coingrats! @ricko APPROVED!

    USAF (Ret) 1974 - 1994 - The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Remembering RickO, a brother in arms.

  • MasonGMasonG Posts: 6,268 ✭✭✭✭✭

    @Mrweaseluv said:
    No, not "all" but this IS the label that is being counterfeited.

    It's not the same label. The coins in the image you posted all have a barcode on the front. The OP's coin does not.

  • Cougar1978Cougar1978 Posts: 7,612 ✭✭✭✭✭

    Op - That’s a really super deal for $105 for them. Really nice coins. About what it would cost 2 people go out to nice dinner each. Can’t go wrong there.

    So Cali Area - Coins & Currency
  • burfle23burfle23 Posts: 2,190 ✭✭✭✭✭
    edited December 31, 2022 1:43PM

    The "Morgan" labeled Morgan dollars are counterfeit for dates prior to 1921. The 1921 have "Morgan" on the label to differentiate them from their "Peace" counterparts.

    One of the other easy "tells" is the lack of "PCGS" in the obverse lower right of the fake holder...

  • spyglassdesignspyglassdesign Posts: 1,490 ✭✭✭✭✭

    Here's 2 more examples that I personally had graded so yes, the suggestion that labels with 'morgan' are fake is bunk.

    With that said nice cherry pick! Good prices and nice looking coins!


  • RampageRampage Posts: 9,418 ✭✭✭✭

    I think you did well at that price.

  • You did well. I believe you'd be hard pressed to buy those coins raw for that price. When you take into consideration the grading fees paid to have them stabbed.
    You did very well!
    BTW all Morgan's have a VAM. I've learned this recently myself. Just passing this information along. Some VAM's are better than others and most bring no additional value to the coin.
    Either way be happy with your purchases. You did well and I highly doubt the coin dealer made much money on the deal. Possibly enough to buy himself a cheap lunch.

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Emoji
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file