1890 CC Morgan Question

swest

Hi all,

I met with someone that has about 7-8 Morgans all in really good shape. They want $25 or so for each except for the 1890 CC Morgan. I think it would probably grade pretty well. I have seen MS63 examples that I feel this coin equals or exceeds. I am NOT a Morgan collector and personally the VAMs are confusing as heck. But I do not believe this fits for the VAMs I have read up on.

So for a straight raw purchase, what do you think is a good offering price for this coin? I am trying to decide if it is worth the risk to buy it and submit to PCGS and hope my grading isn't too far off. But assuming I am within a point of the actual grade, what would you pay and is this much of a rare coin?

Thanks!

Swest

dragon

It's impossible to say about what it's worth without a pic. The 90-CC is a semi key date and you can simply look at the PCGS price guide for the various grades and subtract about 30% from those prices for a fair market value.

cape

tough date, greattoning on ebay has a pcgs63 and a pcgs65 ending on ebay tonight and there both in old green holders. both really nice coins.

BlindedByEgo

Always a good idea to check Heritage auctions for closing prices on graded coins.

I would be very cautious buying this coin raw as the spread between AU and true BU is substantial.

Just remember - NO rub mean Unc

swest

Thanks for all the replys. This is one of those "do I buy it and maybe score" threads. This is from a private collection and so far the coins haven't been anything huge. But this is the one possible good value. I could probably get the coin for around $300-$350. That is why I was wondering if it is worth the risk. Of course my grading skill is suspect .

Swest