Cherry Picks at My Local Coin Shop
may
Posts: 1,590 ✭✭✭✭✭
Went to a local coin shop today, and got my very first expensive cherry-pick! Here’s what I got; 1856 labeled as VF and bought for $70, it has some luster too.
1878 Morgan labeled as MS-60 and I got it for $90
1945 mercury for my type set, got it for $10.
And finally, the best one is this 1840 O ND half dime labeled as a 1840 P, got it for $35, but worth $175 according to the PCGS price guide!🥳 
Please let me know what you think, and have a shot at the grades if you wish. 
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
16
Comments
I like the 1840-0 for $35; I suspect the 3 cent silver and Morgan dollar may not grade at PCGS, not that it is necessary to grade them so the prices seem reasonable (no real upside there, but seems a good value if that is what you wanted).
The Mercury dime seems fully/fairly priced. I think you did well, especially with the half dime and obviously you had fun.
Neat group of coins.
From the images I can see a little frost on the devices.
You should be happy with them.
Sounds like your LCS wants to treat you fairly so you keep coming back.
Student of numismatics and collector of Morgan dollars
Successful BST transactions with: Namvet Justindan Mattniss RWW olah_in_MA
Dantheman984 Toyz4geo SurfinxHI greencopper RWW bigjpst bretsan MWallace logger7
Yes, the Morgan looks semi-proof like.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Nice pick-ups. You may want to soak the 3 cent silver in acetone to get some of that black crud off.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
In my view, the PCGS Price Guide is not accurate for this coin,
because they have the 1840-O ND and 1840-O drapery priced the same.
On ebay I see these selling in G-4 raw for $37 - $80.
So you still did fine.
Just not a big potential profit in my view.
3CS looks XF+/Low AU to me. Nice pick up there. Not sure on the values though.
Oh, you are correct. Numismedia FMV shows it at $23 for G-4.
I need to remember to check Numismedia FMV unless the coin is in a PCGS or NGC problem free holder.
Good start to the year! Hope the rest of it gets better!!
The Morgan may not grade but 60 was appropriate. Scratch behind Miss Liberty may stop the grading.
bob
vegas, baby!
GDK Coins?
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
👍 👍
Disclaimer: I'm not a dealer, trader, grader, investor or professional numismatist. I'm just a hobbyist. (To protect me but mostly you! 🤣 )
Yes.
i liked them very much.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
I checked some prices, and I agree with you. I think it was still a good find though.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Well let us know how they turn out if you send any of them in. MV - your cost - grading costs = how well you did. Don’t like the 3c with the dark streak across. I am sure he was glad to move them - possibly material he got from an estate at x then flip at y. With raw material one wants quick turnover. In reality the proof in the pudding is how quick one can move them off the bourse with positive result.
Morgan is about an unc 60
the three cent silver is an xf-45 maybe 50
The 1878$ / MS60 or MS61. 62? Low odds - Really scuffy face multiple marks.
I will be sending in the three cent, as it looks to be mid/high AU and it has a lot of luster.
At the shop, the owner had most of the inventory out front, but when I asked if he had any seated coins, he brought back a box labeled "Type Set" In there was both the half dime and the three cent, so you might be right.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Hard to imagine finding a more appealing example of the 3cs for the money; I'd say you did well there.
I certainly think you did ok. No great party time, but you did well and I agree the dealer was being fair.
Always check ebay sold for any coin interested in. Match and see what they are actually selling for.
Jim
When a man who is honestly mistaken hears the truth, he will either quit being mistaken or cease to be honest....Abraham Lincoln
Patriotism is supporting your country all the time, and your government when it deserves it.....Mark Twain
AU53 on the 1856 3-cent silver.
Very nice finds. I agree that it's fun to drop in to a b& m coin shop and ask to see what's not on display. Ya nevah know! Peace Roy
BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW
Great cherry picks....but when a supposedly professional coin dealer undergrades and misattributes (against their own benefits) so obviously it just makes me a bit suspicious. You did good this time, but I'd be sure to bring my good loupe with me next time I go there if it was me. But maybe I'm just paranoid
Pete is a good guy.
DPOTD-3
'Emancipate yourselves from mental slavery'
CU #3245 B.N.A. #428
Don
Not to be a Debbie Downer here but I don't think I'd call all of these "cherrypicks". The half dime has significant obverse scratches and the 3c looks like a previously dark coin that has been unprofessionally dipped leaving crud in the details. The Morgan looks ok assuming that mark in the right obverse field is on the flip and not the coin, but at $90 the only way you make money is if it goes PL. The Merc is a no brainer at $10 and looks nice from what I can see. How is the reverse?
RIP Mom- 1932-2012
The mercury is pretty much the same on both sides, and I agree it was good for $10. The Trime looks very bad in the pics, but in-person it’s quite a bit better. I’ll have to inspect it in person again to see if it has any problems I missed. I’ll also dip some cheap AU coins and compare then to mine.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
I really like that 3C piece. I'm going to be buying one of them for myself. Very interesting design and time period.
Student of numismatics and collector of Morgan dollars
Successful BST transactions with: Namvet Justindan Mattniss RWW olah_in_MA
Dantheman984 Toyz4geo SurfinxHI greencopper RWW bigjpst bretsan MWallace logger7
I don't think the 1856 3-cent has been "dipped" or cleaned.
It looks like that because it hasn't been cleaned, although it is probably a good candidate to be "dipped" properly which would improve the appearance. The one issue I might be concerned with is if it is bent. It looks like probably a $150 coin to me.
The 1878 Morgan looks cleaned but not hairlined. It was probably subjected to a very light polishing, possibly with baking soda and water or toothpaste.
I think these coins are perfect for a Dansco 7070 or a Whitman Type coin album or Library of Coins... your choice.
And I opine and write this out of what coin collecting once was in contrast to what it has become. And it collecting can be fun at many levels and we should not loose site of that. I like the 3 center and I would leave it as it as- what a wonderful coin that captures so much.
Experience the World through Numismatics...it's more than you can imagine.
I’m seeing a trend of the Morgan being polished, why do you guys think that?
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
That scratch is on the holder.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Unfortunately, the three cent has a little crater between the A and the T.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
Fun group. Enjoy your coins!
Disagree on the 3c. It has the look of a coin with previous dark toning overall that was hastily dipped without any attention to detail/crevice work, perhaps being abandoned after revealing the apparent carbon streak at center. I do agree that it would look somewhat better with a more professional treatment but imo will still have a somewhat washed out look. The Morgan's been likely dipped at some point but it shows no signs of baking soda or toothpaste cleaning...both methods would hairline the coin's reflective surface to at least some degree. Of course these opinions are obviously based strictly on the images provided; an in-hand opinion might differ slightly.
RIP Mom- 1932-2012
It looks damaged to me. I'd like more pictures.
I don't think any of those could be called cherry picks. Respectfully, they seem appropriately priced and probably appropriately net graded. The 3 CS looks damaged and may have been amateur dipped. The Morgan looks okay but whether it's an MS60 or 62, it's still only $100 coin. The other 2 coins are fine but also appropriately priced.
It has a small dent between the A and the T, but no bending present. Here are some more pics.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
I agree that something looks off with the three cent, but the Morgan looks like a standard bank bag coin. The plastic might be giving it a weird look.
Type collector, mainly into Seated. -formerly Ownerofawheatiehorde. Good BST transactions with: mirabela, OKCC, MICHAELDIXON, Gerard
That's still impact damage.
I think the Morgan looks okay but it is priced appropriate to an MS60 to MS62 coin.