So You Want A Real 1889-CC Morgan Cheap?

quote:

---

Originally posted by SuperDave

quote:

---

Originally posted by Bryan1315

isn't that thing made from a canceled die?

---

I think not - especially on the obverse and closeup reverse pics, you can see overstamped characters. I don't know if what hit it was deliberate, but it definitely imparted overstamp characteristics to the coin.

I am Watching it with a serious eye towards purchase.

---

Just so you can have an '89-CC?

THere's some pretty funny stuff to look at! like this, for example:
http://cgi.ebay.com/Silver-Coin-1907_W0QQitemZ160065506677QQihZ006QQcategoryZ20097QQrdZ1QQcmdZViewItem?hash=item160065506677

ebay provides excellent entertainment. The 1907 Moragn Silver is a bargin at the starting price of 2 Million, and they would graciously sell it for 3 Million.

There's some dumb one's out there, I can tell ya that!

Andrew

Take a butane torch also so you can get it a little more pliable.....

quote:

---

Originally posted by Becky

There were only 350,000 of those minted. With approximately 1,000,000 Morgan collectors, that means that 650,000 of them will never own a 1889cc. They don't want that coin because of the damage, they want that coin in spite of the damage.

---

Becky,
I understand that. I was just kidding around. Still to me its like selling an 1970 AAR Plymouth Cuda.In new condition right now they can go for over 1 million dollars because of its rareity,but if its totaled it would be worthless other that to say you own one.

quote:

---

Originally posted by Becky

There were only 350,000 of those minted. With approximately 1,000,000 Morgan collectors, that means that 650,000 of them will never own a 1889cc. They don't want that coin because of the damage, they want that coin in spite of the damage.

---

I've got my piece of the pie with a PCGS G-06. I've had several other 89-CCs, but they were all problem coins, so away they went. I watch the 89-CC Morgans on ebay and almost every one offered is a problem coin, even those with four-figure start prices. Best I can tell, just about all the problem-free 89-CCs have already been slabbed (NNC, NTC, PCI, and ACG don't count since they've been known to slab problem coins without so stating on the labels). Nevertheless, unless a seller has an outrageous start or Buy It Now price, 89-CCs will sell no matter what their condition. And the values of 89-CC Morgans keep going up no matter what their condition and problems. And nevertheless, I keep watching and hoping.

I might have bid on this one as a curiosity piece, but not for 117 bucks. Twenty, maybe.

Fred