Another AU coin in an "MS66" holder. Oh joy. Love that fingerprint.
I sure wish PCGS would make the priceguide accessible to members only, to stop these bandits from quoting and using it. I could also lament the Coin World slab-style holders, but they have their legitimate uses.
<< <i>*** Key Date Morgan - extremely low population *** >>
Wow. I must go back and study my Morgan dollars a little more. Obviously I need to learn to recognize those "key dates" better! Oh, and check out that "population" listed on the label: 3,720,000. It would appear that "CRC" has graded every single 1904-O Morgan dollar ever struck, including the ones that were later melted!
<< <i>Our group deals exclusively with high quality, investment grade Morgan Dollars (coins rated MS64 and higher). Take a close look at the attached picture and you can see for yourself how crisp and clear this investment grade coin is. This is a trouble-free, flawless coin, produced in New Orleans after the turn of the century. >>
Flawless. Well, at least they got the date and mint right.
<< <i>The average retail for a 1904-O Morgan Silver Dollar certified MS 66 is $3,500.00. >>
Huh? Oh, yeah. The PCGS priceguide lists a DMPL at $3,500. And your coin is soooo DMPL. Just look at those deep mirrors and cameo prooflike contrast! *coff*
<< <i>If you have any kind of Morgan Dollar collection, you will know that not only is this coin rare, but this date with this grade is almost extinct. >>
Extinct? I can think of someone who I wish was extinct. Too bad the snakeweasel species is prolific and multiplying every day.
<< <i>As stated, this coin is certified by CRC (Certified Rare Coins), a group who is known for their conservative grading procedures. >>
Yeah, a regular household name. *snort* Very conservative, too. They could've called that fingerprinted AU coin an MS78, but they went with 66 instead!
I think I need to go take an antiemetic now. The nausea is getting difficult to control.
Saw this thread bumped back to the top and thought I'd look it over one more time. Look at the breast feathers. That's the giveaway. You'd never get an MS grade out of any of the majors with feathers like that. Just a fingerprinted AU55-58 like Lord M. pointed out.
I've often wondered, is the PCGS price guide only for coins PCGS has graded and slabbed? If then I can not see how the price guide could even pertain for coins NOT graded and slabbed by PCGS. As for myself, It holds no weight for me when a sellers qoutes the PCGS price guide for coins not graded by PCGS.
<< <i>I've often wondered, is the PCGS price guide only for coins PCGS has graded and slabbed? >>
Yes, just PCGS slabbed coins.
<< <i>If then I can not see how the price guide could even pertain for coins NOT graded and slabbed by PCGS. >>
It doesn't.
<< <i>As for myself, It holds no weight for me when a sellers qoutes the PCGS price guide for coins not graded by PCGS. >>
But it DOES for newbies who don't know any better and that is what the shady sellers are hoping for. They are hoping the unknowledgeable will think that since a recognized, respected firm such as PCGS says it is worth X then they must be getting a bargin at the price it's going for and they will bid even more. It helps the the newbies that themselves to the cleaners.
Comments
I sure wish PCGS would make the priceguide accessible to members only, to stop these bandits from quoting and using it. I could also lament the Coin World slab-style holders, but they have their legitimate uses.
<< <i>*** Key Date Morgan - extremely low population *** >>
Wow. I must go back and study my Morgan dollars a little more. Obviously I need to learn to recognize those "key dates" better! Oh, and check out that "population" listed on the label: 3,720,000. It would appear that "CRC" has graded every single 1904-O Morgan dollar ever struck, including the ones that were later melted!
<< <i>Our group deals exclusively with high quality, investment grade Morgan Dollars (coins rated MS64 and higher). Take a close look at the attached picture and you can see for yourself how crisp and clear this investment grade coin is. This is a trouble-free, flawless coin, produced in New Orleans after the turn of the century. >>
Flawless. Well, at least they got the date and mint right.
<< <i>The average retail for a 1904-O Morgan Silver Dollar certified MS 66 is $3,500.00. >>
Huh? Oh, yeah. The PCGS priceguide lists a DMPL at $3,500. And your coin is soooo DMPL. Just look at those deep mirrors and cameo prooflike contrast! *coff*
<< <i>If you have any kind of Morgan Dollar collection, you will know that not only is this coin rare, but this date with this grade is almost extinct. >>
Extinct? I can think of someone who I wish was extinct. Too bad the snakeweasel species is prolific and multiplying every day.
<< <i>As stated, this coin is certified by CRC (Certified Rare Coins), a group who is known for their conservative grading procedures. >>
Yeah, a regular household name. *snort* Very conservative, too. They could've called that fingerprinted AU coin an MS78, but they went with 66 instead!
I think I need to go take an antiemetic now. The nausea is getting difficult to control.
<< <i>Just a fingerprinted AU55-58 like Lord M. pointed out. >>
So a five dollar holder and a few cents of ink turn a $20 coin into a $150 coin. Sad...
<< <i>I've often wondered, is the PCGS price guide only for coins PCGS has graded and slabbed? >>
Yes, just PCGS slabbed coins.
<< <i>If then I can not see how the price guide could even pertain for coins NOT graded and slabbed by PCGS. >>
It doesn't.
<< <i>As for myself, It holds no weight for me when a sellers qoutes the PCGS price guide for coins not graded by PCGS. >>
But it DOES for newbies who don't know any better and that is what the shady sellers are hoping for. They are hoping the unknowledgeable will think that since a recognized, respected firm such as PCGS says it is worth X then they must be getting a bargin at the price it's going for and they will bid even more. It helps the the newbies that themselves to the cleaners.
Tom
Coin's for sale/trade.
Tom Pilitowski
US Rare Coin Investments
800-624-1870