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Off center Morgan. How much are they worth?

PlacidPlacid Posts: 11,299 ✭✭✭
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  • nwcsnwcs Posts: 13,386 ✭✭✭
    I think they'd have a nice premium on them. I'd probably pay no more than 30% more than for a non off-center morgan.
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  • nwcsnwcs Posts: 13,386 ✭✭✭
    I wonder if there is a nice variety hiding in there somewhere?
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  • PlacidPlacid Posts: 11,299 ✭✭✭
    The seller of this one wants a min. of $6777.00 is he off base?

    Link to the coin on eBay.
  • nwcsnwcs Posts: 13,386 ✭✭✭
    For me and my limited experience.... yes.
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  • kieferscoinskieferscoins Posts: 10,017 ✭
    Seems way to high. I would say around $400.00 for this grade and date. Not an expert in error coins though.

    Cameron Kiefer
  • dorkkarldorkkarl Posts: 12,691 ✭✭✭
    10% o-c - not much premium.

    25% or more w/ date - significant premium. something truly wild, like 75% o-c w/ date - humoungous prem.

    K S
  • OakOak Posts: 205
    From what I've read, Morgan errors command a premium that other type coins of the era do not enjoy. Apparently few morgan errrors reached circulation because they were easier to spot on the large coins and were pulled. At least this is the theory that I read (from a dealer selling morgans. Take it with a grain of salt.) Although I don't have any first hand experience with this, I tend to agree that +6k is a bit much. Poor boy that I am, I'd be willing to spend a few hundred for it.
    ___________________

    I can quit collecting anytime I want to.....I just don't want to!
  • KlectorKidKlectorKid Posts: 3,723
    Its a cool error but, I think it should be around 350-400 dollar range.
    image
  • boiler78boiler78 Posts: 3,057 ✭✭✭✭✭
    I am no error expert but I would say the $6777 asking price is a lot closer to the actual value than the 300-400 estimates. Ask Mike Byers. He's the error guy.
  • NysotoNysoto Posts: 3,818 ✭✭✭✭✭
    If the recent B&M auction of Russ Logan's half dollars is any indication, anything 10% and over off-center go for significant premiums, 500% and up, check the prices realized. Even 5% off-center coins had substantial premiums.

    How rare are off-center Morgans? Any auction prices available? This info would help with pricing.
    Robert Scot: Engraving Liberty - biography of US Mint's first chief engraver
  • ByersByers Posts: 1,568 ✭✭✭✭✭
    An OC Morgan sold in the last B& M for $15,000. Below is a ebay link to a similiar piece I have for sale.

    25% OC Morgan for $15,000 NGC EF 45

    Mike Byers

    byersnc.com
    mikebyers.com Dealer in Major Mint Errors, Die Trials & Patterns - Author of NLG Best World Coin Book World's Greatest Mint Errors - Publisher & Editor of minterrornews.com.
  • kieferscoinskieferscoins Posts: 10,017 ✭
    Wow. I was wrong. I didn't know 10% off center morgans went for that much.

    Cameron Kiefer
  • MrKelsoMrKelso Posts: 2,907 ✭✭✭
    Very nice example.


    "The silver is mine and the gold is mine,' declares the LORD GOD Almighty."
  • DennisHDennisH Posts: 13,991 ✭✭✭✭✭
    Hello everyone!

    Off-center Morgans are massively and profoundly rare... in any grade, and by any amount that is immediately noticeable. (3% and other such sillyness doesn't count.

    If you ever get the chance to buy one for as little as $300-$500, please ask for the rest of the roll, and sell them to me!!

    -- Dennis
    When in doubt, don't.
  • coindaughtercoindaughter Posts: 662 ✭
    Really neat! Thanks for sharing. I'll be watching that auction.
    Jacksache auctions

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