Two sided Morgan toner value help needed
Manorcourtman
Posts: 8,112 ✭✭✭✭✭
First off, the pic is not a vibrant as the coin in hand. It has superb eye appeal in hand. For you Morgan toner experts I am asking for an estimate on the retail value of this Morgan. I am considering it for my collection but don't want to be buried in it for life! Thanks for your insights and/or estimates! Here it is, and it's graded 64+ btw:
3
Comments
That is a nice looking coin.
I purchased this dollar for over three times guide ($675). Back in 2011.
Frankly, I do not think I could get the money for it today. I like it for its look and O mint.
Yours has a $150 guide - for that look (and hopefully CAC approval) - that coin might do 5x (3x if not CAC) in an open auction. Having a Morgan with those looks for less than $1K opens a larger market.
Assuming you will be buried in the purchase for some time is prudent and reflects reality with those looks and top-of-everyman grade.
I agree any price-guide is near meaningless on terrifically and terrifyingly toned Morgan dollars (with blazing luster).
peacockcoins
If it’s more vibrant than the picture as you mention, I wouldn’t be surprised if it brought over $1,000 at auction. This is not a monster toner but it has the pop that toner fans like. And the two sided color is a big plus.
Very nice coin. I like the reverse toning better as it is more colorful, the obverse has a lot of blue. I would guess $800+.
I would say $800-$1000 is about right and looks like some other experts here agree with me. It could easily go for more if it’s really bright though.
Thanks guys! The blue is an electric blue that really pops in person but the TV doesn’t do it justice. But the price tag would bury me for life based on the estimates! I appreciate the opinions and will pass on this one! Dealer is asking 2k+ btw.