Hey Morgan experts, Opinions on this coin, in fact, ALL this seller's coins-THANKS

Boom

Opinions please

boyhowdy

Looks like it may be whizzed.

All his stuff is uniformly white and the "luster" looks hazy with no flow lines evident.

Steve

DennisH

I don't like the angled photo view... makes marks disappear and the coin appear better than it probably is.

If a $2000+ coin really was in $2000+ condition, it would already be certified.

... but I'm suspicious by nature.

Craton

I'd guess AU58. I can see what looks like wear on the breast feathers and what looks like wear on the high points of Liberty's hair. His white ballance is off on his camera and that combined with the tilted image can make the shiny spots of wear blend in with the frosty parts of the coin.

sliderider

It looks like he uses strong lighting to hide wear and other flaws.

Stuart

<< If a $2000+ coin really was in $2000+ condition, it would already be certified. >>

Exactly my thoughts. You take unnecessary risk pruchasing raw coins over the internet, especially on E-Bay and not from established coin dealers whom you already know...

Craton

Circulation?

Boom

Wow Craton, that's too cool. Thanks everyone. Dennis and Stuart summed up my sentiment best when they said



<< <i>If a $2000+ coin really was in $2000+ condition, it would already be certified. >>

Vet

Just a little to add ,personally I don't think I would spend 2 grand on any coin without having it in hand to look at unless I knew and trusted the person selling it. And not all the good coins reside in slabs I have two complete sets of morgans and untill july this year I never had one slabbed. My 93s sat around for 35 years naked now its in a PCGS F15 slab to say if it was a 2 thousand dollar coin it would already be in a slab isn't always the case. Just my opinion.

AU50ISH

DorkGirl

Vet, well said. My date and MM set of Morgans are in Dansco Albums. Talk to a lot of old time collectors who got out in the early 80's and they don't even know what you are talking about when you say certified or slabbed. Does that mean that their coins are not worth $2000 or more? Absolutely not!!! Some of us just prefer to see our coins without plastic around them and be able to hold them in our hands. Albums are nice to display your sets in, and besides, it's expensive to have your coins all certified!!

Stuart

Vet and Becky: Fair comments. How about this...

If a $2000+ coin really was being offered for sale it would be to the seller's commercial benefit, to maximize sales value for the coin to the widest possible client base, for it to be in either a PCGS or NGC certified slab.

DorkGirl

Does a widow that just lost her husband have the money to send the coins in to be certified? Does the old collector who is on SS who collected as a boy have the money? Do you see where I'm going with this? Not everyone has the knowledge or money to get this done first. Most of these people will just walk into a dealers shop with them, have someone else sell them, or eBay them on their own.

How many times have you seen a worthless coin in a holder? Someone who didn't know what they were doing was trying to get more money from their coins, and now have to eat the grading fees? Does that in any way profit the person selling?

What about the time involved? I hear you guys complaining all the time about turnaround times. The widow needs the money for rent next week....

There are still a whole bunch of beautiful coins out there stuffed into sock drawers. Not one of them is in plastic. And I for one will jump at the chance to own some of them.

ksteelheader

I break more coins out of slabs than I get put into slabs!

Ken

Vet

I agree wiyh Becky 100% myself I got into coins back in the early sixtys my uncle got me into them, he was quite a collector.I got away from them during the conflict in southeast asia after getting out of the service it took untill the late seventys for me to pic it back up, during this time my uncle had died but my aunt kept most of his coins, sold off the gold and some of the other stuff to make ends meet,she died last year and gave me what was left because that's was what my uncle had wanted,none of his coins were gradded except maybe penciled in AU BU CHBU. My point Im trying to make I guess for the YNs here is you don't have to have your coins certified to enjoy having them. Myself Im starting to slab some of my better coins just incase something should happen to me my wife could get a fair price for them. She would sell them in a heart beat. got to love her.

Myqqy

And I for one will jump at the chance to own some of them.

I agree with this statement in general, but not in this case- I've seen this seller's morgans for awhile, and I have some suspicions regarding the quality....

dollardude

Good point, Dorkgirl. However, this coin should still be in a PCGS or NGC holder, given the substantial price tag (probably around $400 or more). I'd grade her MS60, but it's very hard to tell from these pictures.

BTW, I just bought a raw 1880-CC (probably MS61). I had a hard time finding one WITHOUT the overdate, so it would be accepted in my registry set. I passed on a much nicer one for about the same price, but it was an overdate. This is really stupid. Under the Q&A, someone asked David Hall why the overdate is not allowed in the basic set. He said they are working on the problem (NOW he tells me!). I also think the reverse of 1878 should be allowed.

DorkGirl

We did kind of highjack the thread As to this sellers coins, I think he overgrades his MS by at least two to three points and for some reason all his pictures are pinkish.....makes my stomach hurt. I wouldn't pay anything close to what he is grading them at. Still might get a bargain or two if you watched what you were doing.

lava

Buying raw coins; having unprotected sex with prostitutes. Maybe it's your lucky day...............Then again, maybe it's not.

dollardude

BTW, as I said earlier, I just bought a raw 1880-CC to complete my 97-coin Morgan set (actually this was an upgrade). The reason I was comfortable buying raw in this case is because I KNEW the dealer personally, who was looking for one for me, and I got to see it in person first before buying it. Buying raw coins worth over $100 or so on eBay, sight unseen, is very risky.

Boom

I sincerely love this place. The wealth of collective knowlege and the willingness to share it makes being a member here very worthwhile. I created this thread for a friend who has a Registry set of Washingtons. He comes to me regularly for advice and answers. When I do not know the answers because his questions fall beyond the scope of my specialty I bring it to the table where people like you who do know or have experience in such a field are always eager to share.

I tried to instruct him as to how to create a thread but I suppose we need to work on this a bit more....but on his behalf I would like to thank all of you that contributed. I wanted to show him that aspect of this forum as well. I know that I would not put out large sums of money on uncertified coins. First of all because of the Fraud which is so pervasive on eBay and secondly, when such an expensive item does come along the very first though that enters my mind is examining the seller's feedback and longevity here yet moreso, if a coin is truly "all that" it's just plain common sense that in order to realize maximum profit, a few dollars spent certifying would be in order.

Thanks all, on behalf of my friend from California!

Myqqy

Buying raw coins; having unprotected sex with prostitutes. Maybe it's your lucky day..........

roadrunner

The seller has the raw coin in a 2x2 with $2500 written on it and MS65.....and we don't think he's a crook or has any idea what he is doing? The current price on ebay is $135? Why is anyone not running for the exits at this time? No further discussion required.

roadrunner

Boom

Good point roadrunner, but unprotected sex with prostitutes, Myggy?

DorkGirl

I don't honestly believe that there is any Morgan collector here that would fall for the Dale-will-be-missed approach he is using to sell these coins.

I think eBay is all about your own personal comfort level. There are a lot of people here who are not comfortable at all buying raw or slabbed on eBay, that's ok. But there are some of us that are very comfortable, take Russ and MadMarty for instance, who buy almost exclusively raw, then slab, and do really well.

I have my own comfort zone. I buy almost all raw, but am very picky about the price and the seller.

Take the coin in question for an example....The seller has good feedback(+), he hypes his coins(-), he overgrades(-), his pictures aren't very good(-). See where I'm going?

So the coin in question: high au to low bu and possibly cleaned....net=strong xf money. I wouldn't bid more than that. And if I win it for that kind of money have I lost anything? I can always resell a cleaned xf coin.

And I might add, way safer than unprotected sex with anyone!!!

Dog97

There's a HUGE hit on the rev eagle and a few ticks on the Liberty's face that you can barely see as well as something @ E in EPLURIBUS so 62 or 3 is about as high as I would go. That's trying to read & grade the PICTURE, I'm not saying I'd give 63 money for it bassed on the picture.