Well, there's strong money, moon money, stupid money... what comes after that?
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
9 bidders, it seems we are the stupid ones for not buying rainbow toned morgans in the 90's and selling them now.
I don't know if it's stupid, but I wouldn't pay 2500 for it. But it is a very beatiful coin.
Les
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
After a member of the board won the CC quarter that I sold back to Heritage earier this year and I asked myself why he bid it to about 3 x bid value.
There aren't many Seated quarter registry sets competing for finest known pieces, so I think he bid it up so high for the same reason as the leading bidder on this dollar did "eye appeal".
I would love it if gemtone would comment on that thought, eye appeal is the single most important factor in the price of a coin.
Les
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
All I can say is that if a coin is very attractive for the grade, throw away the sheets. This is especially true of early 19th century type in Unc. I don't know how many strong bids I've placed on coins only to be blown away on the floor of a major auction.
If you bid greysheet ask plus 10% on an attractive for the grade early 19th century type coin, you're wasting your time. Try this re a Bust $ in AU 50 or a Draped Bust Large or Half Cent in MS 63 or better & you'll get the picture very quickly. Re the specific coin under discussion, I don't know; I don't collect Morgans.
"Vou invadir o Nordeste, "Seu cabra da peste, "Sou Mangueira......."
I agree with Elcontador, throw away the sheets and the POPS. If someone wants to own a certain coin and is willing to "step up" for it so be it. I've certainly done this myself just to obtain ownership of the piece. Stubid? Maybe.... But IMO I have some nice coins that I enjoy. I don't think I would get the same type of coins with certain eye-appeal if I worried about the sheets and the POPS. I'm not saying I'll do it all the time, or that I am able to all the time. We only go around once folks. Also, Maybe somebody as myself is self employed and doesn't get to take vacations. Soooo, I can look at a coin of mine and think...YUP, I could be somewhere drinking those drinks with umbrella's in them for what I might have paid for this coin, but at least I have this STUPID coin.
Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
After looking at the coin a little closer it looks to have a couple of light fingerprints on the obverse and a scratch on the reverse from the rim to the mint mark.
Placid, My earlier comments were simply made in general. But PRINTS? now that's another thing. I wouldn't pay big money for a printed coin. Matter of fact, I try not to pay any money for a printed coin. Sometimes it's tough to find a coin without a faint line or two though. The ones showing on your linked coin probably wouldn't show as much in person, but would still keep me up at night thinking about them.
Please... Save The Stories, Just Answer My Questions, And Tell Me How Much!!!!!
Geeze Les........if eye appeal is the most important criteria in todays selling market, i wonder what my 1915 PF68 NGC "Eliasberg" Barber Half or 1827 MS66 NGC gorgeous toned Bust Half might bring? (no, not ready to sell yet.......just wondering).
This common Morgan doesn't quite float my boat in the same way as those coins, yet is attracting REALLY stupid money IMO! Strange these poor souls aren't buying a bit more rarity along with eye appeal...
<< <i>After a member of the board won the CC quarter that I sold back to Heritage earier this year and I asked myself why he bid it to about 3 x bid value.
There aren't many Seated quarter registry sets competing for finest known pieces, so I think he bid it up so high for the same reason as the leading bidder on this dollar did "eye appeal".
I would love it if gemtone would comment on that thought, eye appeal is the single most important factor in the price of a coin.
Les >>
The Ex-"Crown Jewel" of my collection! 1915 PF68 (NGC) Barber Half "Eliasberg".
Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!
You keep brining up coins that are all more valuable then mine !!!!!!
I guess that joke is getting kind of old ha ?
Anyway, what I meant was that eye appeal as of late, seams to be by far and away the most important factor, but certainly not the only factor.
My statement about the amount Gemtone 65 paid for the 77 cc quarter was meant to imply that he as well as at least 1 under bidder wanted the coin for eye appeal as much or more then the fact that it is a top of pop coin with 6 in 67 and 0 finer.
The morgan market seems to have a mind of it's own in reguards to common dates with monster eye appeal that I don't think can be fully transferred to any other series.
Les
The President claims he didn't lie about taxes for those earning less then $250,000 a year with public mandated health insurance yet his own justice department has said they will use the right of the government to tax when the states appeals go to court.
Hehehe.....Les, i'd have to agree with you that the Morgan market has always seemed to be the leader in garnering stupid money for common coins. Guess the large collector base harbors the greatest percentage of collectors a bit off the wall!
God bless 'um!
BTW......there are PLENTY of coins out there that value way over the few i'm proud to own. Someone mentioned in another thread about what would you rather have.....the 1933 Saint or the collection of Seated Dollars Legend just paid 5 million for.(Or something like that). From a visual standpoint the Seated dollars win every time in my mind. Same goes for that set OR even a 1913 Liberty nickel..........i'd want the Seated dollar collection!!!!!
Eye appeal IS important!
<< <i>Joe Jewler, I HATE YOU !!!! you snob !!!!
You keep brining up coins that are all more valuable then mine !!!!!!
I guess that joke is getting kind of old ha ?
Anyway, what I meant was that eye appeal as of late, seams to be by far and away the most important factor, but certainly not the only factor.
My statement about the amount Gemtone 65 paid for the 77 cc quarter was meant to imply that he as well as at least 1 under bidder wanted the coin for eye appeal as much or more then the fact that it is a top of pop coin with 6 in 67 and 0 finer.
The morgan market seems to have a mind of it's own in reguards to common dates with monster eye appeal that I don't think can be fully transferred to any other series.
Les >>
The Ex-"Crown Jewel" of my collection! 1915 PF68 (NGC) Barber Half "Eliasberg".
Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!
<< <i>Ex: The Benson Collection, Part II (Ira & Larry Goldberg, 9/2002), lot 588, where it realized $747.50. >>
I believe Heritage is in error here. If I'm not mistaken Part II of the Benson Collection took place in Feb 2002 and not Sept 2002. If so the lot number and price realized will also be wrong.
Never seeing this coin in person I won't make the statement that it is stupid money. If the coin has great color with a blast of luster It could very well be worth this kind of money to a toned Dollar collector. The thing to remember is Coins will reach this level not because of Grade, or date, but because it may have exceptional eye appeal, and color.
If It doesn't have great eye appeal, I don't want it.
Lucy, I thought there was supposed to be an eagle on the reverse of every denomination greater than a dime - is there a hidden tatto, or do I have the denomination wrong?
Comments
New collectors, please educate yourself before spending money on coins; there are people who believe that using numismatic knowledge to rip the naïve is what this hobby is all about.
I don't know if it's stupid, but I wouldn't pay 2500 for it. But it is a very beatiful coin.
Les
Then almost passed out
I should have bid on it last year.
Russ, NCNE
There aren't many Seated quarter registry sets competing for finest known pieces, so I think he bid it up so high for the same reason as the leading bidder on this dollar did "eye appeal".
I would love it if gemtone would comment on that thought, eye appeal is the single most important factor in the price of a coin.
Les
If you bid greysheet ask plus 10% on an attractive for the grade early 19th century type coin, you're wasting your time. Try this re a Bust $ in AU 50 or a Draped Bust Large or Half Cent in MS 63 or better & you'll get the picture very quickly. Re the specific coin under discussion, I don't know; I don't collect Morgans.
"Seu cabra da peste,
"Sou Mangueira......."
where is GSAGUY when we need him? ohh yeah he is at a show in Louisianna, guess he will show up tonight.
I see what you are saying.In front of the neck and aft of her head.hmmm
Maybe it's the flex pay for six months!!!!
NEVER LET HIPPO MOUTH OVERLOAD HUMMINGBIRD BUTT!!!
WORK HARDER!!!!
Millions on WELFARE depend on you!
<< <i>Well, there's strong money, moon money, stupid money... what comes after that? >>
Barney money?
peacockcoins
Remember, $1,000 to you and me is like 5 cents to Bill Gates (actually, probably more like .005 cents).
This common Morgan doesn't quite float my boat in the same way as those coins, yet is attracting REALLY stupid money IMO! Strange these poor souls aren't buying a bit more rarity along with eye appeal...
<< <i>After a member of the board won the CC quarter that I sold back to Heritage earier this year and I asked myself why he bid it to about 3 x bid value.
There aren't many Seated quarter registry sets competing for finest known pieces, so I think he bid it up so high for the same reason as the leading bidder on this dollar did "eye appeal".
I would love it if gemtone would comment on that thought, eye appeal is the single most important factor in the price of a coin.
Les >>
Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!
You keep brining up coins that are all more valuable then mine !!!!!!
I guess that joke is getting kind of old ha ?
Anyway, what I meant was that eye appeal as of late, seams to be by far and away the most important factor, but certainly not the only factor.
My statement about the amount Gemtone 65 paid for the 77 cc quarter was meant to imply that he as well as at least 1 under bidder wanted the coin for eye appeal as much or more then the fact that it is a top of pop coin with 6 in 67 and 0 finer.
The morgan market seems to have a mind of it's own in reguards to common dates with monster eye appeal that I don't think can be fully transferred to any other series.
Les
"Senorita HepKitty"
"I want a real cool Kitty from Hepcat City, to stay in step with me" - Bill Carter
God bless 'um!
BTW......there are PLENTY of coins out there that value way over the few i'm proud to own. Someone mentioned in another thread about what would you rather have.....the 1933 Saint or the collection of Seated Dollars Legend just paid 5 million for.(Or something like that).
From a visual standpoint the Seated dollars win every time in my mind. Same goes for that set OR even a 1913 Liberty nickel..........i'd want the Seated dollar collection!!!!!
Eye appeal IS important!
<< <i>Joe Jewler, I HATE YOU !!!! you snob !!!!
You keep brining up coins that are all more valuable then mine !!!!!!
I guess that joke is getting kind of old ha ?
Anyway, what I meant was that eye appeal as of late, seams to be by far and away the most important factor, but certainly not the only factor.
My statement about the amount Gemtone 65 paid for the 77 cc quarter was meant to imply that he as well as at least 1 under bidder wanted the coin for eye appeal as much or more then the fact that it is a top of pop coin with 6 in 67 and 0 finer.
The morgan market seems to have a mind of it's own in reguards to common dates with monster eye appeal that I don't think can be fully transferred to any other series.
Les >>
Once again resides with Legend, the original purchaser "raw" at live Eliasberg auction. Laura and i "love" the same lady!
<< <i>Ex: The Benson Collection, Part II (Ira & Larry Goldberg, 9/2002), lot 588, where it realized $747.50. >>
I believe Heritage is in error here. If I'm not mistaken Part II of the Benson Collection took place in Feb 2002 and not Sept 2002. If so the lot number and price realized will also be wrong.
Never seeing this coin in person I won't make the statement that it is stupid money. If the coin has great color with a blast of luster It could very well be worth this kind of money to a toned Dollar collector. The thing to remember is Coins will reach this level not because of Grade, or date, but because it may have exceptional eye appeal, and color.
Looks like the seller must have had a high reserve.
rainbowroosie April 1, 2003