I think I stole one

cheezhed · June 17, 2008 12:01PM

Green Check Your Best Offer price of US $65.00 was accepted - you are the winner!
You saved 60.61% off the Buy It Now price.

Nice Morgan

Goldbully · June 17, 2008 12:07PM

Numismatic Certification Institute??

Placid · June 17, 2008 12:11PM

If it is a true 65 then you got a steal if it is a 64 the you paid the typical price.
The pics are to small to tell much.

zeus135 · June 17, 2008 12:21PM

Ummmm........ a small picture of the obverse, and no picture at all of the reverse, and you feel you stole one? I hope it works out for you.

cheezhed · June 17, 2008 12:22PM

You are quite a pessimistic bunch.

It'll be okay.

zeus135 · June 17, 2008 12:24PM

Please post pictures once you receive it. I hope you did get a steal

OPA · June 17, 2008 12:25PM

I believe NCI went out of business in the late 1980's ... not familiar with their grading standards...

ColonialCoinUnion · June 17, 2008 12:25PM

Why do you think your offer was accepted?

morgansforever · June 17, 2008 12:36PM

Total crap shoot, with a pic like that, but you talking $65.

Hopefully it's a 65DMPL, that would be a nice rip.

cheezhed · June 17, 2008 12:39PM

<< Why do you think your offer was accepted? >>

The seller claims to have hit the accept button instead of decline.

dan8402 · June 17, 2008 12:42PM

<< 

<< Why do you think your offer was accepted? >>

The seller claims to have hit the accept button instead of decline. >>

adamlaneus · June 17, 2008 12:45PM

<< 

<< 

<< Why do you think your offer was accepted? >>

The seller claims to have hit the accept button instead of decline. >>

>>

I think you meant to say..."The seller meant to hit the decline button but clicked on accept instead"... or did you?

What you said...well...
I can say with almost certainty that the seller clicked on the accept button instead of the decline button. I believe the seller in this regard; no reason to argue!

Ronyahski · June 17, 2008 12:45PM

Power to the Cheeseheads!

grip · June 17, 2008 12:48PM

It says copy under the left wing

fc · June 17, 2008 12:50PM

looks like a common date morgan to me in 64-65 based on the pics.
i cannot ever imagine paying that kind of money for such a common
coin in a common condition.

yup pessimistic. that is me!

cheezhed · June 17, 2008 12:52PM

<< looks like a common date morgan to me in 64-65 based on the pics.
i cannot ever imagine paying that kind of money for such a common
coin in a common condition.

yup pessimistic. that is me! >>

What would you pay for a common date common grade then?

TomB · June 17, 2008 1:05PM

If it's an MS64 then at $73 you paid a little more than these are typically worth. Can you tell the difference between an MS64 and MS65? If so, and it's an MS65, then you did well but would likely have to pay to have it graded by PCGS to gain much upon resale. If not, then you are not out all that much. Regardless, you have a seven-day return period, which means there is little downside other than two-way postage.

BlindedByEgo · June 17, 2008 1:16PM

<< If it's an MS64 then at $73 you paid a little more than these are typically worth. Can you tell the difference between an MS64 and MS65? If so, and it's an MS65, then you did well but would likely have to pay to have it graded by PCGS to gain much upon resale. If not, then you are not out all that much. Regardless, you have a seven-day return period, which means there is little downside other than two-way postage. >>

What he said.

Cool example of a now-defunct TPG product, tho.

vplite · June 17, 2008 1:16PM

If the certification of MS-65 reflects the true grade of the coin it is shown at $185 in the PCGS Price Guide.

If it is Proof like (as it appears in the certification picture) the Price Guide shows it at $285. It might be just semi-proof like, which would still be an attractive coin.

In any case the 1879-S is considered one of the most beautiful, reasonably available of the Morgan series, just behind the 1881-S and the 1880-S.

I might maintain the coin with the original documentation, for historic purposes.

This was a popular date for promoters back in the day because of the generally exceptional luster and strike.

Please post some pictures when you get it!

Edited to add that I only buy PCGS and NGC off of ebay, since I believe they are considered the most consistent Third Party Graders.

In reality, you are buying raw coin from this seller, which is usually not a good idea. I would pass on his other sales.

Frankcoins · June 17, 2008 1:58PM

<< Numismatic Certification Institute??

>>

Owned by Heritage. Accused of overgrading, so Heritage shut it down and bought 25% of NGC.

morgannut2 · June 17, 2008 2:21PM

Actually I like the old Heritage certifiction---not many around

these days. As long as the coin is at least choice, it looks like a neat deal!

garsmith · June 17, 2008 2:23PM

<>

Well I think I ripped one

mr1931S · June 17, 2008 4:32PM

If its really a 65 you got a good deal.If less than 65,not such a good deal and definitely not a steal.

You are quite a pessimistic bunch.

Many of us will call it as we see it.

291fifth · June 17, 2008 6:53PM

The coin needs to be in a major TPG's plastic if it is to have the value of an MS65. Getting that coin into a major TPG's plastic is an expensive affair.

Note that the seller is not claiming that the coin is any better than "uncirculated."

There is no Santa Claus in numismatics.

vplite · June 17, 2008 8:01PM

<< <>

Well I think I ripped one

>>

If I were a total dork I would ask, "Are you cutting the cheezhed?"

Preussen · June 17, 2008 9:16PM

Good luck; I hope it's nice

. -Preussen

zeus135 · June 24, 2008 12:20PM

Has this coin showed up yet Cheezhed? Please share pictures - I hope it meets you expectations.

cheezhed · June 24, 2008 12:21PM

I got it the other day, most likely 64 nowadays.

I'll get a pic up tomorrow.

DJCoinz · June 24, 2008 12:37PM

For $65 you definitely stole it...if the seller follows through.

Dang, this is quite the pessimistic bunch here. I've had many NCI photocert coins and they were all right on the money.

cheezhed · June 24, 2008 12:40PM

Seller followed through, I have it.

Greeniejr · June 24, 2008 12:43PM

From our experiance NCI is typically 1 grade too high on BU coins and typically conservative on AUs

DJCoinz · June 24, 2008 12:50PM

<< Seller followed through, I have it. >>

Didn't read all the way down...nice.

seatedcoins · June 24, 2008 1:45PM

<< 

<< If it's an MS64 then at $73 you paid a little more than these are typically worth. Can you tell the difference between an MS64 and MS65? If so, and it's an MS65, then you did well but would likely have to pay to have it graded by PCGS to gain much upon resale. If not, then you are not out all that much. Regardless, you have a seven-day return period, which means there is little downside other than two-way postage. >>

What he said.

Cool example of a now-defunct TPG product, tho. >>

I like to classic presentation. I never buy a coin with bad pictures, but I've been looking for a good coin for a good price by that TPG.

I think I stole one

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