Yet another pilgrimage to the coinshop - opinions on a new batch of Morgans if you would...
FC57Coins
Posts: 9,140 ✭
Well, I went and got some more Morgans that I fell in love with - want you to see if you think if I'm getting better at picking out genuine toning or if I'm making an a$$ out of myself still. I took two sets of pictures of each coin - one under the bright Alabama sun, and one indoors under lots of light. - when I post pictures, they usually come out darker for some reason - has anyone had that problem? - Anyway, your opinions would be appreciated.
Thanks!
Frank
Thanks!
Frank
0
Comments
Frank
As for natural/genuine toning. no clue here. I am not a fan of toning, so I don't look at (unless they are nice pics posted here on the boards) or buy toned coins.
Thanks for sharing the nice pictures, Frank.
Blaze - Yellow male b 3/17/93
Onyx - Black male b 3/7/99
Duchess - Yellow female mix b 3/12/02 rescued 9/18/02
Rifle - Yellow male mix b 12/1/02 rescued 8/8/03
Diamond - Black female b 5/3/05 adopted 8/3/05
First Cam-slam - 9/21/04
My eBay
I spent three hours in the coin shop this morning filling in blanks in my Morgan collection. I ended up buying 14 coins.
I have an 1878 7 over 8 tail feathers uncirculated condition waiting for me, if I opt to buy it for $150.00. A very nice coin. I am considering trading some gold for it and two GSA CC dollars.
WHich leads me to - does the GSA packaging/certification/authenticity (pick one!) justify the higher price?
any advice appreciated as always.
As far as I'm concerned the packaging merely tells where the coin came from - something of a conversation piece and to some extent authentication of the piece. As for grade, they can range from AU to MS67+, but most of the coins I've seen are in the 62-64 range. A lot of people like collecting the GSA slabs so there is a market for these particular "raw" coins.
Frank
As for photos, I've had luck taking photos outside with natural light but not direct sunlight. I take them in the shade. Good details and not much glare.
Frank
SarasotaFrank- your going to trade some gold and two GSA CC dollars for the 1878 7 over 8 tail feathers? I would think the two GSA dollars would be worth a $150 with-out the gold? I have had no problem getting $80+ on ebay for common Unc. GSA cc's.
that would be some deal for the dealer!
I am thinking of trading some gold for a 7 over 8 feather PLUS two GSA dollars CC Mint dollars. The GSA's were 100 and 180 - about $430.00 list. I thinking a Kruggerand plus something else - perhaps a batch of Liberty halves to make up the balance.
Is the $150.00 a fair price for an Unc 7 over 8 tail feathers?
SarasotaFrank if you make that deal it sounds like you are getting the short end of the stick!
GSAs do have a prem.
There are several different models of the 8/7 TF with some worth quite a bit more than others. Some just show a little extra tailfeather and have a small prem while the most valuable ones show between 4 & 7 extra tail feather ends. Even a weak 63 is worth around $150 while a lesser grade is worth much less and a 64 is worth much more.
Depending on the variety & grade however the dealer might get the short end of the stick.
thanks for the insight. I have to revisit the coin, and may want to get another opinion. They have it labeled as MS, and my own, while granted novice at best inspection, leads me to believe it would grade at least MS-63.
I am considering trading five 1884-O Morgans for it, these being MS-63, although I would certainly like to get by with four.
Your opinion, if the coin is MS-63 or better?
sincerely michael
Vam 33 (3 - 5 fea) is $90 - 100 in MS63 and Vam 36 (4 fea) is $125 - 175 in MS63 and both are considered strong.
You cannot always go by the number of extra feathers. Big problem is mostly the Vam collectors will sell based on attribution. The price guides are higher for strong and usually don't list weak. THEY are out of line with the 7/8 or doubled tailfeathers.
If you are going to collect the 7/8, you may want to bone up on the various attributions and buy them accordingly. Sometime you CAN get a rarer coin using the "strong v weak" price guides, but more often than not, you will overpay. By the way, non Vam collectors will argue this point to death, but you only need to check the rarity factor(s) for the different attributions.
I guess 43 has a big prem because you're buying extra legs to go with the extra feathers but why is 32 so expensive?