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 Replies: 21 / Views: 2,179 |
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Pillar of the Community
917 Posts |
That paper says you should have gotten 3 of them for $100  Better call them and tell them they owe you like 5 more  |
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Valued Member
 United States
284 Posts |
Sorry westcoin, I am sure that is sound advise but I am not a particular fan of the grading services. I did just buy a slabbed NGC MS-63 1881 s Morgan so I am not totally against them, but I also have been growing my book collection and learning from them. ETA: I didn't think I did anything particularly special or rare, I just felt a little redemption was all. Tough crowd here though.  Edited by DM1975
01/28/2012 03:46 am
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Valued Member
United States
284 Posts |
Quote:
That paper says you should have gotten 3 of them for $100
Better call them and tell them they owe you like 5 more  Sure, I'll just hop into my time machine and hit up 1972 for a while.  |
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Pillar of the Community
917 Posts |
BAH! I like the GSA holders.  |
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Valued Member
United States
284 Posts |
I do to LincolnGuy. I would never crack one out of the original holder, and even though they will certify them in the holder now days, I dont want to be without the coin long enough to have someone else "certify" that I have a cool coin.
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Pillar of the Community
United States
9796 Posts |
Quote:
DM1975: Sorry westcoin, I am sure that is sound advise but I am not a particular fan of the grading services. I totally get that, but if you are not handling lots, in the 100's regularly, it may take you some time to become proficient at grading, every series of coin is different also. I suggest a grading set to use, maybe just get a few AU-53/55, MS-60/62, MS-63, MS-64. MS-65 in Morgans jsut to use as a reference set while you are learning. Even the TPG's have grading sets they keep to refer to. "Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
759 Posts |
Redemption earned on 2 fronts: 1) returning a coin you're not 100% happy with. I've learned that if I don't love a coin at first sight, I never will, but you'd be surprised how many people don't return something they later wish they would have. 2) you certainly didn't overpay this time. Those consistently go for $185-$215, so under $200 was on the lower end of market pricing. There's lots of history there, particularly with the GSA holder and it's a coin that is a pillar of any Morgan collection. Compare against your 1881-S for one grade benchmark. I'm thinking 63. I like where you set your sights though. CC Morgans and Bust Halfs are 2 very interesting series to pursue.
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Valued Member
United States
307 Posts |
Nice Coin!
I love the GSA Carson Citys, you can look at them once every 2 months or everyday, either way there always appealing.
I had some of those GSA sale advertisements at one time, but I threw them away before I knew they were kinda rare/worth keeping. doh!
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Valued Member
United States
284 Posts |
Westcoin, I think I will work on just that then. It does make perfect sense. My ANA grading book is good to have, but having some examples in hand sure would make it much easier. |
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Pillar of the Community
United States
5854 Posts |
I think the top set of pictures might just make MS-64. In the bottom set of the pictures the marks look more numerous and a much more severe that in the top set. I would give that coin at most a MS-63. At about $200, I think you paid a fair price. The extra documentation is a little bonus.
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Bedrock of the Community
United States
14454 Posts |
my opinion is this one would grade MS-63, I think there is just a little to much chatter in the main focal areas to make it to the 64 level. The positive here is you definitely did better than you did with the capped bust you were talking about, and I would suggest everyone that likes Morgans to get at least one GSA Morgan of any date if they can afford it. I always suggest to make sure its complete with box and paper work (like you did) also, even though you can purchase those separately pretty easily it is just better to get the package as a whole unless you just get a great deal you can't pass up on a coin that's missing those items
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Moderator
 United States
23522 Posts |
I don't think it quite makes 63. With that said, the completeness of the package is quite the coup, and imparts what I'd call considerable additional value to the overall picture.
Well-bought indeed for under $200.
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Pillar of the Community
United States
1801 Posts |
I think you got a great deal. The coin is worth close to what you paid and the paper that you got is worth an additional 20 or so. Nice coin, great history, valuable extras...what more can you ask for in a transaction. I have a set of GSA dollars and lots of the "paper" that goes with them and would love a pristine copy of the one flyer you have "The Coins Jesse James Never Got". That has been a hard one for me to find in perfect condition. If you ever feel the need to share..........
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Rest in Peace
United States
9104 Posts |
IIRC, premium ($30) coins were in blue boxes, rejects ($15) came in black boxes. Dunno about later groupings, when they went to an auction system (and as you can see, still couldn't get rid of them.
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Valued Member
United States
284 Posts |
Biggfredd, I know the felt color in some of the boxes were different colored. Their was a blue and a greed felt and the ones that were not uncirculated just said Carson City Silver Dollar on the case. That's all I know for sure.
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Replies: 21 / Views: 2,179 |
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Posted 01/28/2012 03:41 am
