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Just Purchased my first graded morgan

McDonisMcDonis Posts: 279
in U.S. Coin Forum
Since I am a new guy to the hobby i was wondering if some of you would like to comment on this purcahse. I kind of think I got a good deal... what do you think


(please link me) :-)

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&rd=1&item=8384344091&ssPageName=STRK:MEWN:IT
Bottom Feeder collector, Happy collector of Moderns

Comments

  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    linky
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • JJMJJM Posts: 8,039 ✭✭✭✭✭
    nice coin to get the party started !
    👍BST's erickso1,cone10,MICHAELDIXON,TennesseeDave,p8nt,jmdm1194,RWW,robkool,Ahrensdad,Timbuk3,Downtown1974,bigjpst,mustanggt,Yorkshireman,idratherbgardening,SurfinxHI,derryb,masscrew,Walkerguy21D,MJ1927,sniocsu,Coll3tor,doubleeagle07,luciobar1980,PerryHall,SNMAM,mbcoin,liefgold,keyman64,maprince230,TorinoCobra71,RB1026,Weiss,LukeMarshall,Wingsrule,Silveryfire, pointfivezero,IKE1964,AL410, Tdec1000, AnkurJ,guitarwes,Type2,Bp777,jfoot113,JWP,mattniss,dantheman984,jclovescoins,Collectorcoins,Weather11am,Namvet69,kansasman,Bruce7789,ADG,Larrob37,Waverly
  • DabigkahunaDabigkahuna Posts: 3,419

    One of my favorite dates.


    image


    Larry
    Dabigkahuna
    My Ebay Auctions
    image
  • MORGANHUNTER2MORGANHUNTER2 Posts: 4,473 ✭
    nice grab for a first timer.

    When you get that coin in hand- please take a very very good look at the lower left corner (obverse is facing you) it appears that the slab has been pryed on- check it carefully.
    True a good deal for a 63, but would really hate to see someone get cooked first time purchasing- even if his rating is perfect.

    image to the fresh meat on the block!

  • morganbarbermorganbarber Posts: 1,821 ✭✭✭
    Good price. Nice enough coin. I prefer white Morgans to "original" toning like that one has. I also am a bit miffied, myself that the auction title says PL, but the slab doesn't. For what you paid, however, you can't really have gotten burned.
    I collect circulated U.S. silver
  • HeywoodHeywood Posts: 1,246 ✭✭✭
    Nice looking coin for price-

    I don't like that the seller hypes it as an un-attributed PL coin.

    Nice way to get your feet wet, not much down side.


    A witty saying proves nothing- Voltaire (1694 - 1778)



    An error does not become truth by reason of multiplied propagation, nor

    does the truth become error because nobody will see it. -Mohandas K. Gandhi (1869-1948)
  • JoshLJoshL Posts: 656 ✭✭
    Nice coin and welcome to the world of Morgans! You will be addicted soon image
    I love coins...image
  • SamByrdSamByrd Posts: 3,131 ✭✭✭✭
    First the image is not so good and ANACS is tough on morgans. I think you will like the coin in hand decent price and a good starter coin (one of my first slabs was that date too.)
  • McDonisMcDonis Posts: 279


    << <i>nice grab for a first timer.

    When you get that coin in hand- please take a very very good look at the lower left corner (obverse is facing you) it appears that the slab has been pryed on- check it carefully.
    True a good deal for a 63, but would really hate to see someone get cooked first time purchasing- even if his rating is perfect.

    image to the fresh meat on the block! >>




    I checked out the coin and the edge of the plastic like you said and it does look just a little bit rough but I dont think it has ever been opened. I will try to take a pic and post it here.

    Thanks!
    Bottom Feeder collector, Happy collector of Moderns
  • majorbigtimemajorbigtime Posts: 2,937 ✭
    At that price, you can't go wrong. Congrats!
  • RedTigerRedTiger Posts: 5,608 ✭
    Good deal. I bought the same date, same grade, same company, for a couple bucks more so I am biased image.

    Odds are extremely low that that slab has been tampered with. For goodness sakes it is a ~$40 coin in an ANACS holder. If someone wanted to take the time and risk to tamper, they'd go for at least an MS65 and/or a much better date.
    Investment blog: gold, stocks and more
  • 50cents50cents Posts: 1,320
    I think you got a good deal.
  • McDonisMcDonis Posts: 279


    << <i>Good price. Nice enough coin. I prefer white Morgans to "original" toning like that one has. I also am a bit miffied, myself that the auction title says PL, but the slab doesn't. For what you paid, however, you can't really have gotten burned. >>




    What does PL mean?
    Bottom Feeder collector, Happy collector of Moderns
  • BurksBurks Posts: 1,103 ✭


    << <i>

    What does PL mean? >>



    Proof like
    WTB: Eric Plunk cards, jersey (signed or unsigned), and autographs. Basically anything related to him

    Positive BST: WhiteThunder (x2), Ajaan, onefasttalon, mirabela, Wizard1, cucamongacoin, mccardguy1


    Negative BST: NONE!
  • CalGoldCalGold Posts: 2,608 ✭✭
    The 1878-s is a common date in MS 63. On any given day there are usually many for sale to chose from. What was it about that coin that caused you to chose it above all of the other examples for sale on ebay or in dealer inventories?

    CG
  • ERER Posts: 7,345 ✭
    Doesn't look PL to me. The title is deceiving.image
  • cartwheelcartwheel Posts: 845 ✭
    ...it appears that the slab has been pryed on- check it carefully. Good catch! Hope it's just the lighting or something else. If the slab is tampered with (and the seller probably knows it), he might claim the buyer did it. Also, hope the scratch on the face is on the slab, not the coin.

    Cartwheel

    Edited to add: image
    Cartwheel's Registry Sets

    Cartwheel's Showcase Coins
  • McDonisMcDonis Posts: 279


    << <i>The 1878-s is a common date in MS 63. On any given day there are usually many for sale to chose from. What was it about that coin that caused you to chose it above all of the other examples for sale on ebay or in dealer inventories?

    CG >>





    First remember that I am new and had no idea what was common or not common. I just noticed a nice morgan that was graded MS that was selling within my price range. (available cash) Also I really like Anacs with they way they treated me when I visted them. (I live in Columbus)

    I will say that when I got the coin it was definately not prooflike and after further review I believe it was cleaned. As far as if the holder was tampered with I doubt it. Only about one inch in the left corner looks a little rough and its so light that I would totaly believe it was done at Anacs.

    I will try to get a picture of this coin this weekend and post it,

    Thanks again to everyone who has posted.
    Bottom Feeder collector, Happy collector of Moderns
  • BurksBurks Posts: 1,103 ✭


    << <i>(I live in Columbus)
    >>



    Nice coin btw. Starting with an inexpensive, graded coin on a new series is nice. You can start to get a feel for what MS quality is.

    Going to the show in Columbus in April? I sure will be.
    WTB: Eric Plunk cards, jersey (signed or unsigned), and autographs. Basically anything related to him

    Positive BST: WhiteThunder (x2), Ajaan, onefasttalon, mirabela, Wizard1, cucamongacoin, mccardguy1


    Negative BST: NONE!
  • keetskeets Posts: 25,351 ✭✭✭✭✭
    Just Purchased my first graded morgan.

    life as you knew it has now ended. welcome, we've been waiting for you!!!image
  • McDonisMcDonis Posts: 279


    << <i>

    << <i>(I live in Columbus)
    >>



    Nice coin btw. Starting with an inexpensive, graded coin on a new series is nice. You can start to get a feel for what MS quality is.

    Going to the show in Columbus in April? I sure will be. >>




    Yep.

    It will be my first show, so I am trying to get my father-in-law who has collected longer than I have been alive to go with me, that way I dont spend all my money on grab bags. :-)
    Bottom Feeder collector, Happy collector of Moderns
  • CalGoldCalGold Posts: 2,608 ✭✭


    << <i>First remember that I am new and had no idea what was common or not common. I just noticed a nice morgan that was graded MS that was selling within my price range. (available cash) >>



    Spend time before you spend cash. Look at lots of coins and learn to grade so that you will be able to tell whether a coin is "nice" for the grade before you buy it, and whether it is "nicer" or "better" than others in the market. Remember, looking is free.

    Read up on the subject so that you will know what is common and what is not. For a general start on collecting coins generally, here is link to the Coin Guide on this website, written by the master. Link


    By the way, before I buy something I try to ask myself "what is special about this coin compared others?" If the answer is "nothing", I don't buy it.

    CG

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