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1901 S Morgan Dollar VF25

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United States
421 Posts
 Posted 04/30/2021  10:52 pm Show Profile   Bookmark this topic Add Matthew23 to your friends list Get a Link to this Message Number of Subscribers
Picked this up today wanted to see what y'all thought about it one sold on ebay for about $130 in vf30 the book I go by is way off for what it recently sold for on price what do y'all think it's worth. Thanks
1901-S-Morgan-Dollar-VF25
1901-S-Morgan-Dollar-VF25
1901-S-Morgan-Dollar-VF25
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Rothery's Avatar
2145 Posts
 Posted 05/01/2021  12:01 am  Show Profile   Bookmark this reply Add Rothery to your friends list Get a Link to this Reply

Quote:
one sold on ebay for about $130 in vf30

There is such a thing as a "Condition Rarity" but it has to be alot better than a VF to command a premium. I'm suspecting just uninformed ebay bidders ran the price up!
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United States
421 Posts
 Posted 05/01/2021  12:13 am  Show Profile   Bookmark this reply Add Matthew23 to your friends list Get a Link to this Reply
Yea I figured it probably wasn't worth a lot more than I paid but it was kind of weird we're 2 of them both vf30 sold 6 days apart for over $100 like you said must be bidding it up.
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Ty2020b's Avatar
United States
4680 Posts
 Posted 05/01/2021  01:21 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
@matthew23, what book are you using for pricing?

I'd say that one is graded solid with good eye appeal. $40-$50 would be my price range for VF25, $5 more for VF30.

Edit: was actually browsing Ebays "ending soon" auction listings on Morgan's earlier (first time in awhile) and was surprised by what a majority were selling for. Granted a good handful were clearly uninformed buyers. Maybe it's time to unload some Morgan's
Edited by Ty2020b
05/01/2021 01:25 am
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kbbpll's Avatar
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4233 Posts
 Posted 05/01/2021  01:42 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
I'm not a Morgan guy but I typically trust Numismedia for general pricing, so now I'm confused. They have VF20 at $46 and XF40 at $62, AU50 $180. NGC says VF $60, XF $75. Maybe they're cherrypicking something at $130?
Valued Member
United States
421 Posts
 Posted 05/01/2021  05:46 am  Show Profile   Bookmark this reply Add Matthew23 to your friends list Get a Link to this Reply
I have been using cdn market review price guide it's Greysheets retail price guide it lists it for $54. I forgot about numismedia price guide have used that as well.
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Coinfrog's Avatar
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 Posted 05/01/2021  09:06 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Way overpriced in my book.
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United States
421 Posts
 Posted 05/01/2021  09:09 am  Show Profile   Bookmark this reply Add Matthew23 to your friends list Get a Link to this Reply
What book are you using?
Valued Member
United States
421 Posts
 Posted 05/01/2021  09:11 am  Show Profile   Bookmark this reply Add Matthew23 to your friends list Get a Link to this Reply
Numismedia would be around $50 like the other price guide I'm guessing somebody wanted a 1901 s on ebay bad in that grade to bid it up that high.
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Ty2020b's Avatar
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4680 Posts
 Posted 05/01/2021  09:22 am  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
I think Coinfrog is referring to the $130 someone else paid in the VF30, not the unknown price you acquired this one for. Agreed, Numismedia is also a great source.
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United States
421 Posts
 Posted 05/01/2021  09:35 am  Show Profile   Bookmark this reply Add Matthew23 to your friends list Get a Link to this Reply
That's what I thought he was referring to I paid $50 I was just suprised somebody paid that much for one like that.
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Slider23's Avatar
United States
4473 Posts
 Posted 05/01/2021  10:43 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The market for the VF 1901 S in a NGC or PCGS holder has increased. The recent ebay sales are as follows: 3/27 PCGS $100 VF35, 4/19 NGC $103 VF30, 4/25 PCGS $127 VF30. This coin in a TPG holder in VF is currently selling for more than the price guides. If you paid $60 or less for your coin, you made a good buy in the current market. Based on recent sales, I am putting a market value on your ANACS VF25 at $70.
Valued Member
United States
421 Posts
 Posted 05/01/2021  10:47 am  Show Profile   Bookmark this reply Add Matthew23 to your friends list Get a Link to this Reply
I paid $50 so I think I did ok. Thanks for letting me know. &
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 Posted 05/03/2021  01:01 am  Show Profile   Bookmark this reply Add ElmerFlick to your friends list Get a Link to this Reply
I think, in general, Morgan's and Peace dollars are all seeing an increased interest for several reasons and the price increases are a direct result. May be just the tip of the iceberg...,
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fenton's Avatar
United States
4989 Posts
 Posted 05/03/2021  07:18 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Greysheet is $38 so a good retail price is probably in the $45 to $55 range. It's important to remember, however, that people buy the coin not the holder so there may be cases where a particular coin is more valuable than the slab would indicate. For uncirculated coins, great toning can bring a 300% or more premium. For circulated coins, variety (i.e. die state) can also add rarity and bring a premium even if not noted on the slab. TPG's also screw up the grades frequently. If I see a 66 in a 64 holder, for example, I'll know it's a 66 and I'll bid it way up. Not uncommon for old holders since there has been a lot of grade inflation.
Edited by fenton
05/03/2021 07:20 am
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