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GR58
Pillar Of The Community
United States
2787 Posts
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I just came from the coin shop, while I was the a guy came in a sold a 1882 CC to the owner. I was looking at it after and the owner offered it to me for $110. To me it looks AU+ just a slight touch of wear on the obverse hair tips (might not even call it wear) maybe bag rubbing. There is a trace of a finger print on the face.
The reverse has no wear I can see, at least on fist look. Sometime when I look at a coin the second time I see more. But overall a nice looking coin, was thinking would be a good upgrade for my type set.
Does anyone have a good opinion on what the price of this coin should be?
Forgot to add if $110 is a good price then I will run back down and get it. Edited by GR58
12/10/2009 12:51 pm
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Pillar Of The Community
United States
3822 Posts |
Pictures would help, but it seems fairly reasonable to me for a problem free AU/BU.
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Pillar Of The Community
United States
2787 Posts |
I will have to go buy it ... and take some pics ...
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Moderator
United States
9914 Posts |
A problem free 1882-CC in AU condition is well worth $110.
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Pillar Of The Community
United States
717 Posts |
Assuming you are correctly grading the coin it sounds like a good deal. Sometimes it helps to be in the right place at the right time. The owner may figure that selling it to you at a discount is worth it because it moves it out of his inventory almost immediately rather than sitting around in his shop for who knows how long.
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Moderator
United States
11772 Posts |
Pictures would be great as there are four levels of AU. Considering it's a problem free coin, $110 sounds fine. All CC Morgans are great investments ;-)
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Pillar Of The Community
United States
4816 Posts |
Greysheet "Bid" for 1882-CC in AU is $120, so $110 is a good price if it's problem free.
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Pillar Of The Community
United States
5336 Posts |
The 2010 Red Book lists the 1882 CC Morgan AU-50 at $160. (MS-60 is $225.) Check the coin over any for any hidden dings or gouges, and if it still looks AU, buy it! Good Luck!   |
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Pillar Of The Community
United States
1893 Posts |
I don't think I would buy it even though it appears to be a decent deal. The fingerprint would bother me, & if it's been there a while it's not coming off.
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Pillar Of The Community
United States
2787 Posts |
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Pillar Of The Community
United States
675 Posts |
I'm not a Morgan collector but I'm guessing AU55-AU58.Seems to have a good many bag marks but still good eye appeal
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Pillar Of The Community
United States
4816 Posts |
Looks like a great buy for $110! Could go MS but is AU55 at a minimum.
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Moderator
United States
9914 Posts |
Nice looking coin, lots of luster I'll going to say AU-58. Nice buy for $110.
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Pillar Of The Community
United States
2421 Posts |
A nice looking AU coin. I'd say you got a pretty good deal for $110 there. I'd probably have saved my money for a key date. The 1885 CC, while a lot more expensive I think will probably have more upside to it.
Oldest Found:
Cent: 1899
Two Cents: 1867
Nickel: 1916
Dime: 1943
Quarter: 1964
Half: 1917
Canadian silver:
Quarter 1966
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Posted 12/10/2009 12:49 pm
