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When people talk about "stupid money" for toned coins...

this is the one they are talking about.

Sometimes when I'm bored, I'll sort the ebay coins by the highest price first, just to see what's up.

There's an 1880-S MS65 Morgan listed with the bidding starting at $800,000. Geez, I've gotta see this.

Must be the attractive gold toning that makes it so valuable.

Mike



1880-S S$1 Morgan Dollar MS65 Paramount Internati







Comments

  • gripgrip Posts: 9,962 ✭✭✭✭✭
    No Morgan showing.I do see a27-D..D Eagle in MS 67.
    Al
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    How about the 1861 half in last nights B&M sale at $19,000 for a PCGS PF64? Very pretty and eye appealing, but the only
    explanation for 5X to 10X increase in price over other 64's is that is was a shot 67 coin....or the world's finest PF66 (in a 64 holder).
    A killer 65 which is what one would expect could be a $10,000 coin (2X premium). Anyone get a look at this coin?

    I don't think monster color premiums have come to seated coinage yet like Morgans. But it would be interesting if it were true.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • Steve27Steve27 Posts: 13,275 ✭✭✭
    I think that gold toning goes all the way through the coin.
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • tjkilliantjkillian Posts: 5,578 ✭✭✭
    There is no way a couple of 1880-S Morgan dollars in those grades could be worth anywhere close that amount. The 1927-D Double Eagle on the other hand could very well be worth that amount. Clearly a mix up in the auction.

    Tom
    Tom

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