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New Littleton Coin Morgan Dollars For Your Viewing Pleasure And Evaluation :)

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Author Replies: 3 / Views: 67Next Topic  
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Empty_Pockets's Avatar
United States
188 Posts
 Posted Yesterday   11:13 pm Show Profile   Bookmark this topic Add Empty_Pockets to your friends list Get a Link to this Message Number of Subscribers
I got these two Morgan dollars from Littleton Coin the other day. I think I'm paying too much for them and I have a couple of questions regarding condition.

#1
What is the grade of this coin? Littleton says it's About Uncirculated. I paid $206 for this coin and am wondering why it cost so much. Could it be because it was minted in 1880?

New-Littleton-Coin-Morgan-Dollars-For-Your-Viewing-Pleasure-And-Evaluation-:
New-Littleton-Coin-Morgan-Dollars-For-Your-Viewing-Pleasure-And-Evaluation-:

#2
The grade by Littleton is about uncirculated for this one too. The minting date is 1889 and it cost me $176. There is a mark on the obverse that appears to be from a sharpie, what would you do to remove the mark?

New-Littleton-Coin-Morgan-Dollars-For-Your-Viewing-Pleasure-And-Evaluation-:
New-Littleton-Coin-Morgan-Dollars-For-Your-Viewing-Pleasure-And-Evaluation-:
Pillar of the Community
United States
1662 Posts
 Posted Today  5H 7M ago  Show Profile   Bookmark this reply Add lcutler to your friends list Get a Link to this Reply
Littleton is horrendously overpriced. You can get a certified ms65 1880 for less than that. You can do much better elsewhere.
Edited by lcutler
Today 5H 4M ago
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Keith67's Avatar
United States
6664 Posts
 Posted Today  5H 5M ago  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
You paid to much
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nickelsearcher's Avatar
United States
15623 Posts
 Posted Today  3H 56M ago  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
You are paying a significant premium over fair market value for these coins. Littleton has always had a reputation for seriously overcharging for their material.

I suggest you check in with a reputable price guide before you commit to any additional Littleton coins - that way you can see for yourself what the coins should cost.

A quick and free check at Numismedia FMV (Fair Market Value, i.e. Retail Price) would have shown you that an 1880 Morgan in MS64 is retail priced at $144.

Then it would be no-brainer to pass on the $206 Littleton AU example.

https://www.numismedia.com/rarecoin...&search7=any
Take a look at my other hobby ... http://www.jk-dk.art
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