Another Ebay Faux Pax

radiofrek

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=1376478031

I don't know if this is a good deal or not.

Dog97

I DON'T THINK SO!!
If you buy a 10 coin lot you should get somewhat of a break on price. Those NGC slabs are priced even higher than the PCGS slabs listed on the PCGS price list.

FC57Coins

I agree with Dog - just a cursory look at the Ebay boards seems to yield that 21-S morgans in PCGS 64 are going from anywhere from $85-100, which would be 25-40% below what this auctioneer is asking for - PLUS they're in NGC slabs, knock off another 10-15% or so, doesn't seem like a great deal to me (and before anyone out there get's their slide rule out - I did the numbers in my head!)

Frank

IrishMike

Sometimes I see replies I just have to respond too. I recently sold off all of my PCGS slabbed Morgans. Most of them were duplicated with NGC coins. Why did I sell them, because of comments just made how much more they will sell for. Well I got good prices on them because they were in PCGS slabs, no doubt about it. However the main reason I sold them was because the quality of the ones in the NGC slabs were much better. A point or half-point grade higher. How long have I been buying, selling and collecting Morgans, over 30 years now. Two years ago I paid $115 for a MS64 21-S, why because it is one of the nicest 21-S's I have ever owned. Yes, its in an NGC slab.

Would the PCGS coins sold for more money if they were laid side by side with the NGC's, no way. 10X$115 equals $1115.00. Would I bid on this auction, of course not. Never buy any coin in any slab sight unseen.