You have no idea how hard it is to buy a 1921-D toned Morgan

relayer

I've been looking for a toned 1921-D Morgan for over a year to complete my PCGS Registry Morgan Dollar Mintmark Type Set

(This is a cool set - it's one Morgan from the 5 mints where they were produced so it's a 5 coin set - CC,O,P,S and D. Since Morgans were only minted in Denver in 1921 there is no choice but a 1921-D for this set.)

Since these sets are short, most people go for the grade and there are 38 100% complete sets - but I think it's a neat type set theme.

Anyway to make a long story short (if that is possible at this point) I had "1921-D Rainbow" newly listed on eBay emailed, but all that showed up were by ToneCoin2003, so I turned that search off.

Last month I was out of town and at the hotel I was looking on eBay and saw a 1921-D PCGS MS65 Rainbow Morgan listed opening at $460. Since I couldn't be on-line at the close and I didn't want to get snipped (even though I was probably the only one in the market) I didn't place a bid to be hacked away and set up a snipe for $476

The day before the close, I look and see that the seller ended the listing and sold it to somebody outside of eBay who made an offer (below $460). I emailed the seller and he said it was up for 6 days without a bid, so he took the offer. Since he had an opening bid of $460, why not wait another day I don't understand. Anyway, so I lost that coin.

So this week I see another toned 1921-D on eBay, this time a MS63 and not as pretty (well, differently pretty is a better term).

Since my last bidding strategy didn't work out and this was a no reserve auction currently at $40, I put in a bid of $75.75 with 3 days to go and then set up a snipe for $152 (because I "needed" the coin).

It was up to $60, then a Power Seller comes along and hacks away with 5 bids until I go to $75.05 and he gives up. Then my snipe kicks in and it closes at $75.05.

But because auction sniper placed the bid and I won (even though I was already the highest bidder) they charged me for the win. It was cheap insurance I guess. If I didn't bid the $75.75 I would have got it for $63 (or 17% less).

So if I don't bid and try to snipe, the seller ends the auction early. If I bid and snipe, I win the coin but pay 17% more than I would have if I only sniped.

Anyway, these are the two Morgans (I'll let you figure out which is which).

Which do you think is the better "value" for a toned 1921-D Registry-wise, the $460 MS65 or the $76 MS63?

JxnBoy

Funny. I voted "Who cares" about the registry points, because I like the first (left) coin better. My guess is that is the one that grades 65, but even if that's the 63, it's the one I would want.

When factoring price into it, though, I'd be happier spending $70 rather $460, and I don't know that either coin is worth a $400 premium, to me at least.

I do like the coin on the left, though.

fivecents

Go for the MS63. Buy another regestry coin with the extra $200... and that is how I voted.

K6AZ

I like the one on the left better. When it comes to color, I don't care whether the coin is a 63, 64 or 65.

FrattLaw

I got a great 21-D toned PCGS MS65 that is much, much better than either pictured. Got it from Pinnacle last year. I might be willing to part with, but I just didn't see that choice in the poll so I couldn't vote.

I might even be willing to trade it away. By the way, I also have the 21-P and the 21-S toned as well.

Can't decide if I want to keep all three as a set though.

Michael

TONEDDOLLARS

I like the one on the left best. Here is a shot of my 21-d NGC 65

TONEDDOLLARS

Sorry, that last coin is a PCGS 64 this is my 65

FrattLaw

Nice coins there TD. Hard to find with rainbows like that.

Got a 21-S with that kinda of color?

Michael

Stuart

Relayer: I'd usually say the MS-63 except this case may be an exception, because the coin on the left may be semi-PL to nearly PL with some cameo contrast, which is very scarce for a 1921-D (P or S, too).

If the reverse has the same reflective looking fields to it, I'd seriously consider the coin on the left. For under $100 you may also wish to purchase the coin on the right just for the color...

I recently purchased a 1921-D in PCGS MS-62 for about $40 because it was very nearly PL, with reflective fields...

Myqqy

I like the one on the left better, so I hope it was the cheaper MS63.....

rainbowroosie

TD is showing off!!!

Coinhusker1

Relayer - for the MS-65 could you have bid the 460 and set up the snipe at 476? Then if no one bids, your snipe would have kicked in at 465, so it would have cost you $5 more, but you would get the coin and the seller could not yank it.