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1879 O Morgan Thoughts On Buying

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 Posted 04/27/2015  4:06 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list
It has increased to $65 how much would you'd spend?
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 Posted 04/27/2015  4:11 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
OK.

You'll be hard pressed to beat your Dad's coin with this one. 63 isn't out of the question, but 64 is. I have it at an upper-end 62 which wouldn't shock me at 63. I'm seeing a slider obverse mated to a pretty clearly Mint State reverse, but AU58 is not out of the question and slabbing is then unjustifiable. Except you won't know until after you've spent the money.

Can't trust the color. I hate that blue background, but what I can see of the sliver of true background around the coin is that his White Balance is skewed yellow. That wouldn't be an issue except for the halo of crud around the top of the Phrygian Cap, which scares me a bit that it'd be adjudicated "cleaned."

Golly. In truth, if I have a few bucks to risk, I probably snap this one up, up to about $75 or so. Knowing I'm taking a risk. It's at $65 now, and with this much time left in the auction I'm pretty much certain that there are people ready to go over what I'd pay for the coin. I'd bet that my $75 bid would get outbid by overbids already in the system.

Close, but probably a pass. There will be another.
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 Posted 04/27/2015  4:12 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
I moved this to Classic because it's as much about the bidding process as it is about the coin in question. At $75 you're already over retail if it's not Mint State.
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 Posted 04/27/2015  4:14 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list
Yea looking more closely at it magnified I do see something may be off. I am better off hopefully scoring one that is already certified by ngc or pcgs. Or I may just eventually inherit my dads coins anyway, like his ms63 1881 cc, vf35 1879 cc, and xf40 1878 cc
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 Posted 04/27/2015  4:15 pm  Show Profile   Bookmark this reply Add mdh157 to your friends list
looks 64 to me......at worst 63 frt, 64 rear
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 Posted 04/27/2015  4:18 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
I am better off hopefully scoring one that is already certified by NGC or PCGS.


Yes, but then you miss what we're doing here - the thrill of the hunt. And I wouldn't miss that for the world.
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 Posted 04/27/2015  4:20 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list
I'll go $70 max....hopefully I get it. Unlikely but worth taking a shot. There are a few more 79 o later today.
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 Posted 04/27/2015  4:25 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
The current top bidder is a Big Fish. Prudent bid, but you don't get it at that. Don't change the bid.
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 Posted 04/27/2015  4:26 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list
It sold for $91 oh well I tried. Onto the next
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 Posted 04/27/2015  4:27 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
See what happens the last few seconds of an ebay auction? It went from $76 to $91.09 faster than you could see.
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 Posted 04/27/2015  4:47 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
The winning bidder has 11,658 feedbacks and bid on 585 items in the last 30 days. Doesn't sound like a collector does it?

I would not be surprised to see this coin up for auction again in the near future.
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 Posted 04/27/2015  4:55 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
I would not be surprised to see this coin up for auction again in the near future.


In an NNC slab.

I snagged the pics for future reference.
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 Posted 04/27/2015  5:15 pm  Show Profile   Bookmark this reply Add dave700x to your friends list

Quote:
In an NNC slab.


Exactly what I was thinking.
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 Posted 04/27/2015  6:22 pm  Show Profile   Bookmark this reply Add Night-Hawk to your friends list
Just a thought, why not peruse Great Collections
BIN "Buy It Now" Morgan's, you might find something you like.
There are no extra buyer fees on BIN coins.
-Shipping is free on the first coin you buy there when you register.

http://www.greatcollections.com/sea...=0&tobid=500
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 Posted 04/27/2015  10:42 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list
Great suggestion, Night-Hawk. You can snag some good Morgans via GC. I think that blue background is horrid. I like either gray, white or black backgrounds. I usually skip right over the auctions with these bright color backgrounds.
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