1893 CC PL 63 Morgan...How High Will It Go?

RichR · May 30, 2012 3:57AM

http://www.ebay.com/itm/ws/eBayISAPI.dll?ViewItem&item=160806107465&ssPageName=ADME:B:WNA:US:1123

I've been watching this one rise all week (and I have no connection to it)...

morbidsteve · May 30, 2012 3:59AM

It's going to go high. I wouldn't bid on it though, can't tell enough with those pictures. You would think the seller would get decent photos of a coin of this nature.

AUandAG · May 30, 2012 4:08AM

This seller has no history of selling coins. Hmmmmm, probably legit but a reason to be cautious.

Lousy pics hurts him.

bob

123cents · May 30, 2012 4:12AM

Link

crypto79 · May 30, 2012 4:12AM

Beat me to the link, Grrrrrrrr

joebb21 · May 30, 2012 4:15AM

I dont think the auction is legit.
I would guess scam

crypto79 · May 30, 2012 4:18AM

<< I dont think the auction is legit.
I would guess scam >>

I am not so sure it is fake but even if it isn't the seller is leaving money on the table and not maximizing the coins potential in that forum where he isn't established. He would be better putting it on HA and letting the dealers and collectors duke it out.

DUIGUY · May 30, 2012 4:18AM

7K

RichR · May 30, 2012 4:26AM

BTW...that's a valid cert number...with a $10k price tag.

rhedden · May 30, 2012 4:30AM

Possible stolen goods? Seller doesn't ordinarily sell coins, but happens to have a $10k Morgan dollar, which he doesn't bother to photograph very well. Very suspicious. Maybe he picked it up cheap at the local pawn shop, where it was brought in by a thief.

RichR · May 30, 2012 5:05AM

<<Possible stolen goods? Seller doesn't ordinarily sell coins, but happens to have a $10k Morgan dollar, which he doesn't bother to photograph very well. Very suspicious. Maybe he picked it up cheap at the local pawn shop, where it was brought in by a thief. >>

Not to sound naive...but maybe dad...or someone else in the family just died.

Not very likely, but possible.

...or somebody got very lucky with a random pick up.

DUIGUY · May 30, 2012 5:15AM

Looking at the obverse picture, I'm thinking fake.

Meltdown · May 30, 2012 5:50AM

That's quite a gamble whatever the reason or explanation. I wouldn't have the nuts to bid on it even if I did have the money to gamble with.
I am curious what the reserve price is though.

123cents · May 30, 2012 5:56AM

I think the coin is legit. Whether it belongs to the seller is another story. I know I wouldn't want to take the chance.

AUandAG · May 30, 2012 8:29AM

<< That's quite a gamble whatever the reason or explanation. I wouldn't have the nuts to bid on it even if I did have the money to gamble with.
I am curious what the reserve price is though. >>

Reserve is $9,500.

bob

jdimmick · May 30, 2012 8:39AM

I dont think that coin is real!

mingot · May 30, 2012 8:46AM

<< 

<< That's quite a gamble whatever the reason or explanation. I wouldn't have the nuts to bid on it even if I did have the money to gamble with.
I am curious what the reserve price is though. >>

Reserve is $9,500.

bob >>

How do you know?

crypto79 · May 30, 2012 9:05AM

Bid and retract or possibly a email

AUandAG · May 30, 2012 9:09AM

<< Bid and retract or possibly a email >>

I sent a message to him asking.

bob

commoncents05 · May 30, 2012 9:10AM

<< I think the coin is legit. Whether it belongs to the seller is another story. I know I wouldn't want to take the chance. >>

Bingo. Coin and holder are undoubtedly genuine.

-Paul

golfer72 · May 30, 2012 9:38AM

If someone ddint know coins well and was trying to dump it on Ebay I doubt there would be a reserve on it.

TorinoCobra71 · May 30, 2012 9:44AM

ONLY brought $6K in bids. Why didnt it bring more?

Bad Photos?
Seller History?
Something Else.

That coin, represented right, should have EASILY gone over $9K........

VMRCC · May 30, 2012 11:47AM

<< Why didnt it bring more?

Bad Photos?
Seller History?
Something Else. >>

All of the above. Coin would do better elsewhere IMHO.

NewParadigm · May 30, 2012 5:14PM

I think that the price is in the ballpark of what you should expect.

LanceNewmanOCC · May 30, 2012 5:29PM

.
whether it is honest or not setting reserves that high will build up fees quite quickly and with no sale this account will probably be abandoned

of course with all these counterfeits and altered coins i've seen recently i admit i am at defcon 3.5 ><
.

RichR · May 30, 2012 11:29PM

I'll give you $20 for that coin...cash...no questions asked!

Mowgli · May 31, 2012 12:04AM

It seems if the coin were a fake or stolen the person would have let it go for $6K+ instead of setting a reserve of $9.5K.

1893 CC PL 63 Morgan...How High Will It Go?

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