How come PCGS price guide lowered the value of my MS 65 Morgan?
bidask
Posts: 14,029 ✭✭✭✭✭
Lots of common Morgans have gone up but this date went down.......why dat be?
I manage money. I earn money. I save money .
I give away money. I collect money.
I don’t love money . I do love the Lord God.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
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Go BIG or GO HOME. ©Bill
<< <i>did the pop change? >>
not sure..?
I give away money. I collect money.
I don’t love money . I do love the Lord God.
<< <i>Did you upset DW or DH?
They don't know me from Adam.....
I give away money. I collect money.
I don’t love money . I do love the Lord God.
to be able to hold its own. Whomever is buying all the common date MS65's is only thinking about the silver in the coin and being the most common dates available. If your
1902 were a low pop MS67 it would probably be holding its own. There aren't enough gem Morgan date set collectors right now looking for an MS65. The few high end collectors might
fight over the dozen or two MS67's and possibly the high end 66's. They won't care about 65's. The same effect is being seen across most dated REG set series.
roadrunner
<< <i>
<< <i>Did you upset DW or DH?
They don't know me from Adam.....
They do now.
Looks like a few other MS65 coins in that price range took a dip. I guess if more money is going into the more mass-marketable coins, the next tier up may take a breather?
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
<< <i>In a deflationary/selective market I would expect the key dates to hold value or maybe even go up. Anything that's available in quantity as this date is (>1000 pcs in MS65) is not going
to be able to hold its own. Whomever is buying all the common date MS65's is only thinking about the silver in the coin and being the most common dates available. If your
1902 were a low pop MS67 it would probably be holding its own. There aren't enough gem Morgan date set collectors right now looking for an MS65. The few high end collectors might
fight over the dozen or two MS67's and possibly the high end 66's. They won't care about 65's. The same effect is being seen across most dated REG set series.
roadrunner >>
That makes sense......thanks Roadrunner......
I give away money. I collect money.
I don’t love money . I do love the Lord God.
EAC 6024
Looking for Top Pop Mercury Dime Varieties & High Grade Mercury Dime Toners.
<< <i>
<< <i>Did you upset DW or DH?
They don't know me from Adam.....
Did Adam upset them?
<< <i>Lots of common Morgans have gone up but this date went down.......why dat be?
>>
Someone just sent in 86,000 Morgans, lots of values about to go down.
<< <i>
<< <i>Lots of common Morgans have gone up but this date went down.......why dat be?
>>
Someone just sent in 86,000 Morgans, lots of values about to go down. >>
Do you really think so as there are already1,544,556 MS63 and MS64's in the sytem as of the pop report right now.
...it was revealed that none were melted.