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Update On Toned Morgan

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Author Previous TopicReplies: 26 / Views: 3,804Next Topic Page 2 of 2
Pillar of the Community
United States
1023 Posts
 Posted 07/29/2014  8:31 pm  Show Profile   Bookmark this reply Add Jon Brand to your friends list
Good discussion here. I really need to get to a show so hopefully one will come around. I think the next one is next winter at the Westchester County Center in NY. Been to a ton of custom knife shows across the country but not a coin show- yet. I am sure one visit will be very enlightening. So far, most of what I am finding has inflated prices. So I suppose a show is the better option, but for now all I have is the internet!

I still like the coin and think its nice, if price was not a major issue here. I can't blame the seller, as he has to cover the fees and I expect that when buying on ebay. Guess its the price I paid for "instant gratification".

I am still sticking to my quarter Eagle Indian quest, this Morgan was just for fun.
Edited by Jon Brand
07/29/2014 8:34 pm
Pillar of the Community
United States
2815 Posts
 Posted 07/30/2014  12:16 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
I have found that a lot of True View photos are really "False View" photos. I can make True View photos at home with my iPhone and Photoshop CS5. I love toned Morgans, but the premiums on ebay make even me scratch my head. I'm not willing to pay 2x value just for some color. At one point I was willing to do that, but not any more. I think it's just part of me "growing up" in the hobby.
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 Posted 07/30/2014  12:52 am  Show Profile   Bookmark this reply Add chasingtailbar to your friends list
I'd be willing to pay a big premium for certain coins, but they better come pre-slabbed by PCGS and better be 65's with lots of blue-green spectrum colors.
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1023 Posts
 Posted 07/30/2014  12:54 am  Show Profile   Bookmark this reply Add Jon Brand to your friends list
Does anyone think its a nice or good looking coin?
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United States
1211 Posts
 Posted 07/30/2014  07:24 am  Show Profile   Bookmark this reply Add Hondo to your friends list
I do... I like it alot.
Pillar of the Community
United States
2815 Posts
 Posted 07/30/2014  10:27 am  Show Profile   Bookmark this reply Add Darth Morgan to your friends list

Quote:
#1. This coin isn't worth a 2x premium for that color.


That's YOUR opinion, and opinions vary. Maybe it was worth it to him.


Quote:
#2. Let alone in an NGC slab.


This makes no sense. It's a holder made of plastic just like PCGS. Different companies. Different looking products with the same purpose. And don't get me started on the "delusion" of PCGS's superiority.


Quote:
But I wouldn't have bought it in the first place...


Totally unnecessary. Sorry, but your first response is rather haughty.
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968 Posts
 Posted 07/30/2014  2:18 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list
Darth, RE #1, he's admittedly inexperienced with toners. Given that I've bought and sold hundreds of Morgans with varying states of toning, both raw and graded, I think I know the market a little better than him, and most other people.

As for #2, the so called "delusion" of PCGS's superiority is reflected in market pricing, especially when it comes to toners. Get a toner in an NGC slab, people will like it... get it in a PCGS slab and they will love it. Regardless of if the superiority is real or not, PCGS holders are in more demand and therefore, command higher prices. There are many individuals who won't even consider an NGC slabbed coin, and while I think they're crazy, they're entitled to that opinion. Maxing out a coins value means getting it into PCGS plastic, with a few notable exceptions.

I haven't seen you come right out and place a value on the coin yet... so let me ask you, what would you price this coin at?
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United States
8517 Posts
 Posted 07/30/2014  2:34 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
Lol...CTB you're just digging the hole deeper.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Pillar of the Community
968 Posts
 Posted 07/30/2014  2:49 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list

Quote:
Lol...CTB you're just digging the hole deeper.


Thank you for the informed, educated and detailed response that counters the points that I've made with solid, empirical evidence. If you want to get into a debate over market pricing on toners and the slabs they are in, I will gladly debate it with you provided you prove that you know what you're talking about, otherwise I'm just wasting time.
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 Posted 07/30/2014  3:00 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
CTB- you sure do remind me of someone that USED to be a forum member here. Your attitude and language are exactly the same. FWIW, you're not more informed than anyone else. You're just more conditioned into the flock of PCGS followers.
Edited by Darth Morgan
07/30/2014 6:32 pm
Pillar of the Community
United States
8517 Posts
 Posted 07/30/2014  4:25 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list
Yes, I know the poster you're talking about, same holier than thou attitude. Calm down CTB, take a nap if you need to. I was just giving you some friendly advice.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Rest in Peace
United States
10625 Posts
 Posted 07/30/2014  5:40 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
CTB, I would send you an e-mail but your e-mail is turned off. I really like your GSA Morgan.
Edited by dave700x
07/30/2014 5:42 pm
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968 Posts
 Posted 07/30/2014  6:22 pm  Show Profile   Bookmark this reply Add chasingtailbar to your friends list

Quote:
CTB, I would send you an e-mail but your e-mail is turned off. I really like your GSA Morgan.

I believe that is fixed now?

I am sorry if I overreacted, but telling me that I don't know what I'm talking about irritates me. I believe there are sufficient data points available via the web to prove my point and I will probably put together a thread in the near future that backs up my assertions of PCGS providing a better return on investment than NGC, via higher realized prices, which must reflect demand given simple economics.
Pillar of the Community
United States
2815 Posts
 Posted 07/30/2014  6:53 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
CTB- I don't disagree with you regarding the price difference between PCGS and NGC slabbed coins. I know there is a difference. That wasn't my point. There is a pervading "perception" that PCGS is better than anyone else, and the data (market prices) tend to support this. But the key word here is "perception". In reality, I don't believe that there is a difference between the two. After all, if you crack out a coin in an NGC slab and resubmit it to PCGS, isn't it the same coin? Did the coin change any? Would this act just be an attempt to get a different grader's opinion to be possibly better? Someone's opinion is better than another's opinion? Even with this perception in the market place, why did the Smithsonian Institute choose NGC to encapsulate its coins? Doesn't PCGS make mistakes just like NGC? There are just too many instances like these that make me feel as though this perception has no basis in reality. You know how I view NGC and PCGS? Two different companies that produce two different kinds of holders. That's it.

PS: I edited the last sentence of my last post. There is no need for me to get smarty back at you. If I'm gonna talk the talk then I better walk the walk. We're just not going to agree on this subject. With that said, I'm going to sign off from this thread.
Edited by Darth Morgan
07/30/2014 6:58 pm
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8904 Posts
 Posted 07/31/2014  12:28 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list
Hmmmm... It would be nice if there was a common respect throughout this thread for all different types of collectors.

Nasty comments are not what this Forum is about.


Maybe everyone needs to take a step back and re-read what they're about to upload and think how others may take your comments.


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