1881 O Morgan GSA--is it worth this???

Dukie101

click here

DrWho

no

777

Only if it would make 65..in 64 its a $300 coin

Heywood

While it may be true that an 1881-o is more rare as a GSA, I don't think that makes it that much more valuable than a regular 1881-o.

But.... there is a huge jump in the 1881-o from 64 to 65

But if this guy thought it would be a 65 he probably would have cracked it out.

( He states Near 65)

Dukie101

Yet---another one!!!!!

sadysta1

I've seen them on dare I say it on Yahoo auctions for $300-400

BillJones

Some date and mintmark combinations of Morgan dollars bring big premiums when they are GSA holders. The reasons are that few examples were in the GSA hoard and many coins were broken out of GSA holders in the '80s and '90s when GSA holders were not popular collectors' items. For example the 1878-CC, which has a Gray Sheet bid of $300 in MS-63, which is a typical GSA Uncirculated dollar grade, is on the Blue Sheet (page D) at $485.

Having said that the 1881-O GSA dollar is only bid at $150 on the Blue Sheet, so bids on this piece, which are now over $700 are way out of line. The coin appears to only be an MS-64 or so.

mhammerman

Nice box!

IwantNonCCs

Yes, it is probably worth it.
Willing, knowlegable buyers.
Scarce item


The blue sheet is wrong on non-cc gsa. Has been for years.
Why they do not chose to correct their pricing errors, I don't know.

1878P GSA sold for over $4000 on ebay a few weeks ago,
I dropped out at $2000. At least 5 other bidders were still in.
Blue sheet list for what, $160. It is the only one seen for sale
in over 2 years of collecting.
Money Talks, BS (Blue sheet) walks.

It is a different product then a raw 1881-O BU. Different buyer. Different intest.
Saying it shouldn't be worth a lot more is like saying a s mint shouldn't be worth more then a o mint.
different item.

The non-cc on yahoo for $300-$350 are different dates. 1883-o to 1885-O.
They are overpriced.

m3e

Coxe

Lewis Rosenbaum did an excellent writeup on non-CC GSA Morgans for the Fall 2005 Insights newsletter. Included was a price guide (one side for cellophane packs and one side for hard cases). I won't relate the details per his copyright. I can say that in MS64 1881-O is priced a few hundred below this price. However, it is pretty scarce (as non-CC ones tend to be) and will be priced by the competitve market.