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THIS is a $700 coin?

pharmerpharmer Posts: 8,355 ✭
in U.S. Coin Forum
Only halfway through today's Teletrade auction, lot 1625 sure must have a high reserve. Opened at $525, normally a $60 coin.
Quis custodiet ipsos custodes?

Apropos of the coin posse/aka caca: "The longer he spoke of his honor, the tighter I held to my purse."

image

Comments

  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Only halfway through today's Teletrade auction, lot 1625 sure must have a high reserve. Opened at $525, normally a $60 coin. >>

    No, it's just more tulip-mania with toners. And now it's at $700.

    For an MS-64 1883-O Morgan. $700.

  • DennisHDennisH Posts: 13,991 ✭✭✭✭✭
    Ah... a toner.

    People who are into that stuff use a different price guide than the rest of us.
    When in doubt, don't.
  • RonManRonMan Posts: 449 ✭
    Lot 1625
  • UncleWigglyUncleWiggly Posts: 2,467
    I give up. I don't understand any of these toned priced coins anymore. It's not even nicely toned.



    Jerry
  • eagle7eagle7 Posts: 1,441
    I agree with Uncle Wiggly, that is not even a nice toner. That coin with that tone would sell for about 75 or 80 dollars over at Heritage. What a bad feeling someone is going to have when they try to sell this coin later to some folks who know what it is. image
    In an insane society, a sane person will appear to be insane.
  • beartracks42beartracks42 Posts: 2,834 ✭
    That's sad!!image
    Gary
    image
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    Toning patch is OK,but it should not bring more than 100-125.Just my opinion.image
    Great coins are not cheap,and cheap coins are not great!
  • MassFullStepperMassFullStepper Posts: 349
    THAT coin is at $700??? MAN, I should consign my Morgans...hit and run, then buy more for sane money. SOMEONE is going to be dangling from the end of a cord in the very near future...and I agree with the consensus....not even nicely toned.

    Edited to add: Lot #1626 is more attractively toned on the obverse, in my opinion.
    'My name is...... Shakezula, the mic rulah, the old schoola, you wanna trip, I'll bring it to ya.....'
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭


    << <i>Edited to add: Lot #1626 is more attractively toned on the obverse, in my opinion. >>

    image

    I think 1626 is FAR more attractive and a relative bargain at "only" $320:

    image
  • MassFullStepperMassFullStepper Posts: 349
    Um, doesnt 'price pending' on a TT auction mean the reserve wasnt met or the owner bought it back? Regardless of which, it DIDNT SELL? Is this seller NUTZ?!?!?!?!?!??
    'My name is...... Shakezula, the mic rulah, the old schoola, you wanna trip, I'll bring it to ya.....'
  • bestclser1bestclser1 Posts: 5,566 ✭✭✭
    The real nice one sold though!1626.image
    Great coins are not cheap,and cheap coins are not great!
  • dragondragon Posts: 4,548 ✭✭
    What do you guys think this one would bring:


    image
  • ANACONDAANACONDA Posts: 4,692 ✭
    Crap, I have coins like that for $699.
  • MassFullStepperMassFullStepper Posts: 349
    Dragon....the ultra rare 'red X' Morgan...PRICELESS!! lol

    SERIOUSLY.....what is going ON that those coins are seeing those prices????? Or, is it just me that thinks the apocolypse is upon us?
    'My name is...... Shakezula, the mic rulah, the old schoola, you wanna trip, I'll bring it to ya.....'
  • morgannut2morgannut2 Posts: 4,293 ✭
    That does it. My toned Morgans are off to NGC and then Teletrade. $300, $600, $700, I don't care. I just wholesaled a nicer MS 64 than that to RCNH for $65 cause I wanted another nicer one I bought paired with it! No more dumping for me. WOW these prices are nuts.
    morgannut2
  • MyqqyMyqqy Posts: 9,777 ✭
    I think that morgan in the teletrade auction is very attractive, but definately not $700 worth of attractive...... image
    My style is impetuous, my defense is impregnable !

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