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Bought Morgan - How Bad Did I Do?

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First Page  Showing last 15 replies.
Author Previous TopicReplies: 17 / Views: 2,894Next Topic Page 2 of 2
Valued Member
United States
58 Posts
 Posted 06/08/2021  11:44 am  Show Profile   Bookmark this reply Add Newby Numis to your friends list
Arrived today payed $45. Thought because of the reflective surface it would be worth something but didn't notice the scratches until too late
Bought-Morgan---How-Bad-Did-I-Do?
Bought-Morgan---How-Bad-Did-I-Do?
Bedrock of the Community
United States
19210 Posts
 Posted 06/08/2021  11:52 am  Show Profile   Bookmark this reply Add ijn1944 to your friends list
Does the seller have a 'positive' return policy?
Valued Member
United States
58 Posts
 Posted 06/08/2021  11:54 am  Show Profile   Bookmark this reply Add Newby Numis to your friends list
No it is sold as is.
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United States
2843 Posts
 Posted 06/08/2021  12:02 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list
Sorry to hear. Sounds like you paid $45 for a $21 melt value.
The "reflective" surface is from cleaning and the coin would be worth melt probably even without the scratches.
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United States
94367 Posts
 Posted 06/08/2021  12:08 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list
I'm afraid you paid way too much even if it weren't scratched.



to the CCF!
Valued Member
United States
58 Posts
 Posted 06/08/2021  12:14 pm  Show Profile   Bookmark this reply Add Newby Numis to your friends list
Thanks for the information, only a 23 dollar loss, price of doing business.
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United States
2843 Posts
 Posted 06/08/2021  12:16 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list

Quote:
only a 23 dollar loss, price of doing business

Great attitude!
I call it cheap tuition.
Pillar of the Community
United States
4846 Posts
 Posted 06/08/2021  12:16 pm  Show Profile   Bookmark this reply Add Adam_E to your friends list
It's not quite that bad. The value of cull morgans right now is around $30, you should be able to get at least that out of it
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Canada
5402 Posts
 Posted 06/08/2021  12:17 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
We all make mistakes .
Take it as a teachable moment .
Rest in Peace
United States
18456 Posts
 Posted 06/08/2021  12:17 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
To CCF , I have to agree , the 1921 Philly Dollar is very common and probably the cheapest of all Morgan's .
Kind of hard to believe you didn't notice the awful condition that this coin was in before you handed them $45 .
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United States
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 Posted 06/08/2021  1:37 pm  Show Profile   Bookmark this reply Add Greasy Fingers to your friends list
Keep it as a pocket piece, after a year or two it won't look that bad
Rest in Peace
United States
18456 Posts
 Posted 06/08/2021  2:15 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list
Yeah and just get a metal file and file down those rim bumps & dents .
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United States
10044 Posts
 Posted 06/08/2021  2:42 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list

Quote:
Great attitude!
I call it cheap tuition.

Wise!
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
Costly TPG ineptitude and No FG Kennedy halves
https://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2
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United States
2860 Posts
 Posted 06/08/2021  3:30 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list
As some market speculators are anticipating & silver catches-a-bid (market term), the price per ounce appreciates in the near future for example, due to inflationary headwinds or a stock market selloff.... you'll probably be able to break even or make a little money from this purchase. As Adam E mentioned culls are around $30 ($34 in my local area), so you're not that bad off.
Valued Member
United States
58 Posts
 Posted 06/08/2021  7:25 pm  Show Profile   Bookmark this reply Add Newby Numis to your friends list
Thanks for the help
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