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1884-S Morgan

1884-S Morgan

This may have been a very smart buy for $1500 for those bold at heart. What do you think?

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Comments

  • ccexccex Posts: 1,188 ✭✭✭
    Apparently most of us saw all the warning signs in this auction: all sales final, estate auction, etc. and did not believe the authenticity guarantee of a low feedback seller. I wonder where the black and white photos came from.

    This date increases in price too quickly in grades above AU-50 for me to gamble on it unless it's in a reputable slab. "MS-60" or better 1884-S Morgans have long been a money-maker for ACG dealers, because of the huge jumps in price with each grading point.

    I hope the buyer has a happy ending to this auction. I certainly wouldn't be so courageous (even at half of CDN ask in MS-60).
    "Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
  • DCAMFranklinDCAMFranklin Posts: 2,862 ✭✭
    Well, not for me.

    There was a Member complaining about how he was treated with a couple of gold coins purchased from this seller. I don't recall the specifics, though I remember the coins were overgraded and returned. Then the deal went way south. I think I might pass.
  • dragondragon Posts: 4,548 ✭✭
    That piece was definately NOT a rip IMO.

    1) It is not an MS coin IMO

    2) It looks like it was way overdipped and washed out in those pics

    3) It also looks to be lightly cleaned in those pics

    4) I can't tell from those fuzzy pics if that is even a genuine 84-S (probably is though)
  • ccexccex Posts: 1,188 ✭✭✭
    The 1884-S didn't look as bad as the same seller's 1895-O

    L@@K!
    "Never attribute to malice what can be adequately explained by stupidity" - Hanlon's Razor
  • stmanstman Posts: 11,352 ✭✭✭✭✭
    Some big price jumps in between grades on this one. I wouldn't even want to pay AU price for this coin. Too washed out looking and probably a problem coin. I would not say this is in BU condition.
    Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
  • relayerrelayer Posts: 10,570

    I think you'd be better off putting $1500 on Red on the roulette table.
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  • MadMartyMadMarty Posts: 16,697 ✭✭✭


    << <i>We guarantee this coin to be 100% genuine and authentic ~ forever & unconditionally!
    Estate Settlement ~ sale final.THANKS!
    >>



    I like the all sales final, does not say anything about it being cleaned, whizzed, altered, ect...


    for me PASS!
    It is not exactly cheating, I prefer to consider it creative problem solving!!!

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