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1878-CC Morgan Grade

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Pillar of the Community
Canada
4944 Posts
 Posted 01/14/2012  11:26 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Yeah, just to be safe whenever I buy a raw PL/DMPL coin I don't like to pay over PL price unless I know for sure that it is a DMPL, but thats just me.

If that is not a tiny bit of rub on the eagles chest feathers, I am thinking this coin is an MS-64, and possibly a 65.

Bedrock of the Community
United States
10284 Posts
 Posted 01/14/2012  11:48 pm  Show Profile   Bookmark this reply Add TNG to your friends list
Well good luck if you buy it. I have no idea on what that would grade, just tried to help. I hope you hit a home run with it. Someone with a lot more knowledge will come along I hope.
Pillar of the Community
Canada
4944 Posts
 Posted 01/14/2012  11:52 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Thanks NickelGuy
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United States
23522 Posts
 Posted 01/15/2012  12:14 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Assign a grade of MS63DMPL for the issue, and bid accordingly with reservation, because another one will come along. They're rare, but available. I recognize the images according to the seller's practice - I know who it is - and the coin should look in your own pics the same way as it does in the auction images. You can't fake that.

This is an unquestioned DMPL. Only the grade is in question. I don't have the money, but if I did I'd seriously consider reaching towards $1000 for this one.
Pillar of the Community
Canada
4944 Posts
 Posted 01/15/2012  12:25 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
So, Superdave you think the coin is at least a MS-63DMPL?

Should I be worried that the seller does not accept PayPal?
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United States
23522 Posts
 Posted 01/15/2012  12:39 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:

So, Superdave you think the coin is at least a MS-63DMPL?


Yes, but no further.

Stop now. Look, think, regroup, consider your tolerance for problems. This seller's last two sales were Negs for non-delivery, but from the same buyer. At the price it's resting, right now with 14 minutes left?

Oh, yeah. Yes, please. Yes, I'd risk the money. All day. Do it.
Pillar of the Community
Canada
4944 Posts
 Posted 01/15/2012  12:50 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
I have a feeling the last 2 minutes will be interesting, I don't think I will be bidding though.
Pillar of the Community
Canada
4944 Posts
 Posted 01/15/2012  12:55 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Well, I didn't bid on the coin. I know that the coin could have been an MS-63DMPL but if it came back a 62, then I have a $480 coin (That I would have paid over $600 for). I also didn't like the fact that the seller had 2 negative feedback's left for him recently and he does not accept PayPal (which might be bad if I needed to return the coin).

For anyone who is interested in seeing the auction here it is:
http://www.ebay.com/itm/ws/eBayISAP...t_720wt_1185
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United States
23522 Posts
 Posted 01/15/2012  01:07 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Valid concerns, and well within most people's tolerances. I think it went appropriately (for the buyer) at $600; I'd have done that number all day for this coin.

There will be another, man. This was a nice one, but not the last.
Pillar of the Community
Canada
4944 Posts
 Posted 01/15/2012  01:21 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list

Quote:
There will be another, man. This was a nice one, but not the last.

That's how I like to look at it.
Edited by Canadian-Banknotes
01/15/2012 01:43 am
Rest in Peace
United States
5375 Posts
 Posted 01/15/2012  03:18 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list
I probably would have gambled on it, especially since you can always return. I doubt the coin was MS-62. And if you get a 64, then bam you just made $1500 or something.
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United States
4989 Posts
 Posted 01/15/2012  12:15 pm  Show Profile   Bookmark this reply Add fenton to your friends list
Gorgeous looking coin great frosting + cameo could be DMPL.

Since it isn't in a slab I would guess MS-62 PL. If it were 63 or better, I think it would be slabbed no reason to throw away $500 and ebay a great coin. TPG grading costs are not that high.
Pillar of the Community
Canada
4944 Posts
 Posted 01/15/2012  2:00 pm  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Last time I looked into getting a coin graded, it was going to cost me $100. (That was at ANACS)
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United States
5854 Posts
 Posted 01/15/2012  10:50 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
Wow! That is a gorgeous coin! If the coin is really as nice as it is in the pictures, it could potentially be as high as MS-64 DMPL.
Rest in Peace
United States
5375 Posts
 Posted 01/16/2012  12:37 am  Show Profile   Bookmark this reply Add coinguybrian to your friends list
fenton, not always true, sometimes people just want to get rid of something quickly to get cash or don't know what they have. Or don't understand ebay. Sometimes I suppose it was sent in for a grade, but NGC/PCGS misgraded it and the seller didn't realize that they could re-submit it and probably do better. Also, it can be costly/pointless in some cases.

Thats not to say that there arent sellers who hide problems/a lower grade. Youre less likely to end up with that if the seller is 'low profile'. It could be more likely with morgans since theyre more popular than seated/barber coinage. Id just make very sure with high dollar coins that nothing is being hidden before keeping it.
Edited by coinguybrian
01/16/2012 12:38 am
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