MS67 Morgan, good price?

GoldenEyeNumismatics

These are the seller's pics. What do you think would be a good price for such a coin? It was offered to me at $6k, but I'm not going to buy it (just don't want to spend that much on a Morgan right now), but if another forum member wants it I can put you in contact with the seller.

Louis

I expect a 67 to be blazing with luster.

RAISETOWIN

Yeah that looks kind of suspicious to me. Almost like a counterfit of some sort.

GoldenEyeNumismatics

<< <i>Yeah that looks kind of suspicious to me. Almost like a counterfit of some sort. >>



It's unquestionably a real coin.

savoyspecial

definately not counterfeit but not overly impressive for a 67 either

greg

bestday

<< <i>Yeah that looks kind of suspicious to me. Almost like a counterfit of some sort. >>



maybe damaged......not 67 money

Louis

I would rather have 20 MS64s that look like this.

messydesk

Toning doesn't look terribly attractive, but is multi-colored, so it's probably neither a positive or negative. The three most recent 67s at Heritage are all white NGC coins that sold for $5,175 or less, reflecting the risk that the coins wouldn't cross at 67 to PCGS holders. The most recent PCGS coin was sold for $8,625 and was nearly white. No toned coins in recent history. A 78-S should have really good luster under that toning. Would need a better picture or in-person viewing to tell if I like the coin as a nice 67. As of now, however, I'm indifferent to it on the eye-appeal scale.

WTCG

I have seen that coin in person many times before and it's been bounced around from dealer to dealer for the last few years. On the other hand if you like the toning and need the coin for a set or for a customer then you should consider it.

relicsncoins

If I was going to spend the jack for a 67 Morgan, I would try and find a more eye appealing example.

JJ

BAJJERFAN

The coin is not overly appealing, but a 78-S in 66 is about the same price as a common Morgan in 67. But if ya need a 78-S in 67.

roadrunner

Mottled and unexciting toning in today's market? Not a chance.
Not a safe play in this bifurcated market unless you are a Morgan whiz than can play such a coin.

Good reason why it has bounced from home to home.

roadrunner

segoja

For the eye appeal, over graded. Might be a technical 67, but lacks a "look"

ziggy29

<< <i>I have seen that coin in person many times before and it's been bounced around from dealer to dealer for the last few years. >>

In reality, that tells you all you need to know about this coin.

messydesk

Also explains why it's still in an old holder.

jbsteven

You would think when the original poster was going to pass on the coin they would tell the seller instead of running across a thread about it. I'm still waiting for that email.

added

BAJJERFAN

This one works for me!!

slipgate

If I was going to pay 67 money, I'd want a coin that looks 67, that is, perfect, blazing white, luster and all. I have a crappy 66 that I hate and would gladly trade for a 65 that looked better!

jbsteven

<< <i>If I was going to pay 67 money, I'd want a coin that looks 67, that is, perfect, blazing white, luster and all. I have a crappy 66 that I hate and would gladly trade for a 65 that looked better! >>



1878 S in PCGS ms67 is a pop 19/1 coin. Not many to go around.

If I were going to buy a generic ms67 I would buy a 80s in 67 (preferrably a 67DMPL). More bang for the buck if all you want is a 67.

I don't think PCGS has graded a 1878 S in ms67 for a loooong time (they might have graded one in the last few years as I remember it being a 18/1 coin).

BAJJERFAN

Would that thing dip and reholder as a 67?

slipgate

Here's my nasty 66.....

DJCoinz

LOL, am I the only one who likes it?

vplite

<< <i>

<< <i>I have seen that coin in person many times before and it's been bounced around from dealer to dealer for the last few years. >>

In reality, that tells you all you need to know about this coin. >>



Is this a form of Gresham's law; Bad money drives out good. The good moneys is horded, and the bad money circulates.

tradedollarnut

She who may not be mentioned once told me something about what sells for Morgans - either wild color or blast white, but very little in between. Mottled moderate to heavy toning on a Morgan is retail death...

tradedollarnut

<< <i>


I would rather have 20 MS64s that look like this. >>




Uhhhhmmmmm.

BAJJERFAN

20 a these would work for me!!

Coxe

Probably a technical 67, or close to it. Not appealing to me though. WWED? (What Would Eliasberg Do?) He'd pass on it. If you have 67 money burning a hole in your pocket, wait for the right 67 to come around.

anablep

You are better off buying a key date Morgan for that price than a common date in an "exceptional grade" but unexceptional eye appeal.

At least the key date would appreciate in value and be resalable.

SeattleSlammer

If you have 67 money burning a hole in your pocket, wait for the right 67 to come around.

Wait and get burned?!

sonoranmonsoon

<< <i>For the eye appeal, over graded. Might be a technical 67, but lacks a "look" >>



The eye appeal really kills it, maybe it would look better with one of those cac stickers.

eyoung429

<< <i>

<< <i>For the eye appeal, over graded. Might be a technical 67, but lacks a "look" >>



The eye appeal really kills it, maybe it would look better with one of those cac stickers. >>




Um....for this coin, don't you mean a CACA sticker???

cheezhed

<< <i> It was offered to me at $6k >>



Counter with $5k.