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1889 Morgan CC...please Help

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guebj00's Avatar
United States
17 Posts
 Posted 06/13/2011  9:04 pm Show Profile   Bookmark this topic Add guebj00 to your friends list Get a Link to this Message Number of Subscribers
Greetings Coin Forum,

I am a novice coin collector who accidentally inherited about 25 silver dollars. I have taken this coin to several coin stores and have received appraisals as low as $40. I know it's weathered, but I have a feeling it's worth a little bit more. Please let me know what you think...

Thanks

1889-Morgan-CC...please-Help

1889-Morgan-CC...please-Help
Edited by guebj00
06/13/2011 9:05 pm
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vermontensium's Avatar
United States
16681 Posts
 Posted 06/13/2011  9:09 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
$40, are you kidding me! Don't go back there. Those dealers are unethical. That coin is worth way more than $40. I would say your coin is a conservative G6, in fact, I'd go VG8.
$525 and $565 are CDN bid and ask.. Yours would be worth slightly less than that IMO but not by much.

$40...give me a break.

BTW, ...that just got me a little hot. That's disgusting to me that dealers would offer you $40.
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Edited by vermontensium
06/13/2011 9:16 pm
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AlmostCollectible's Avatar
United States
384 Posts
 Posted 06/13/2011  9:17 pm  Show Profile   Bookmark this reply Add AlmostCollectible to your friends list Get a Link to this Reply
I think it's a G6
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vermontensium's Avatar
United States
16681 Posts
 Posted 06/13/2011  9:20 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Yeah, I'm going with G6 too...scratch VG8 :)
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guebj00's Avatar
United States
17 Posts
 Posted 06/13/2011  9:21 pm  Show Profile   Bookmark this reply Add guebj00 to your friends list Get a Link to this Reply
Thanks so much! I'm in the process of posting more...I appreciate all of the expertise...It's so easy to get deceived when you aren't a serious collector. :(
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Yokozuna's Avatar
United States
4618 Posts
 Posted 06/13/2011  9:30 pm  Show Profile   Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
Wow, $40 for that coin should count as theft. You said that $40 was the lowest, what was the best offer and how many dealers made offers?

Make sure you're going to a real coin dealer and NOT just a Gold/Silver buyer. Some of them don't even look at the coins you're selling. In most cases, they just offer the price based on silver the day you take it in. I sold 50 no date Standing Liberty quarters to a silver buyer and he never looked at one. I even talked to him about rare coins and he said he didn't have time to look at them, he just sends them out to be melted 99.9% of the time.
ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!!
1889-Morgan-CC...please-Help


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guebj00's Avatar
United States
17 Posts
 Posted 06/13/2011  9:35 pm  Show Profile   Bookmark this reply Add guebj00 to your friends list Get a Link to this Reply
The Best offer I got was $250. Of course, I liked the highest offer more...but I was still supicious that they might be low-balling me because I'm young and obviously not an experienced collector. At first though, they were only going to give me melt value until I asked them to look more closely at it. Check out the 1890 cc I just posted.
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 06/14/2011  08:22 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
I predict around $400 on ebay. It looks lower VG details
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vermontensium's Avatar
United States
16681 Posts
 Posted 06/14/2011  4:46 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
It reminds me of Pawn Stars where you have some expert, actually friends who get a cut of the money, comes in and tells them the item is worth $1000 and the pawn guy says, "I can give you $10 for it".
Oh, sure!
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Las_Vegas_Larry's Avatar
United States
817 Posts
 Posted 06/15/2011  09:10 am  Show Profile   Bookmark this reply Add Las_Vegas_Larry to your friends list Get a Link to this Reply
IMO VG8. Don't take less than $500-.


Great coin for any collection.
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