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MS 1882 CC Morgan

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Bedrock of the Community
United States
10982 Posts
 Posted 12/16/2010  12:31 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
Based only on the images provided, this coin looks like an absolute steal at $250. I agree with what SuperDave posted except the part about $250 being $50 too high for a GSA 1882-CC MS64. I believe $250 would be a market correct price if that coin is an MS64.

That said, this coin looks like a 65. I blew the images up 300% and the resolution was still decent; this piece could even be a 66. At 65 it's a $450 coin and at 66 they go $1,000 easy.

I would want to verify the integrity of the GSA slab and if it looks good - grab it quick!
ANA #R3154474
Pillar of the Community
United States
4989 Posts
 Posted 12/16/2010  07:48 am  Show Profile   Bookmark this reply Add fenton to your friends list
Yes good chance this is a 65. I pay 250 all the time for the best ungraded ones I spot so I would say go for it!

Caveat: be sure to verify that the coin pictured is the one being sold. May just be their marketing materials.
Edited by fenton
12/16/2010 07:49 am
Pillar of the Community
Canada
4944 Posts
 Posted 12/16/2010  08:40 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
New Photos

MS-1882-CC-Morgan

MS-1882-CC-Morgan

MS-1882-CC-Morgan
Pillar of the Community
United States
4989 Posts
 Posted 12/16/2010  09:05 am  Show Profile   Bookmark this reply Add fenton to your friends list
Based on the new pictures I would say MS-64. Too much cheek and field chatter to make MS-65. Value is about $210 in an auction setting including fees.

($250 is still a fair retail price)
Edited by fenton
12/16/2010 09:07 am
Pillar of the Community
Canada
4944 Posts
 Posted 12/16/2010  11:48 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Thanks everyone for your opinions on the coin.

I have asked the seller for some clearer pictures of the coin, here they are. What are your opinions based on these new pictures?

Thanks

MS-1882-CC-Morgan
MS-1882-CC-Morgan
Pillar of the Community
Canada
4944 Posts
 Posted 12/16/2010  11:54 am  Show Profile   Bookmark this reply Add Canadian-Banknotes to your friends list
Looking at the coin I have an opportunity to buy, and a few that were sold at Heritage that are graded MS-64. The coin I am looking to buy seems to be at least an MS-65. What do you think?

http://coins.ha.com/common/view_ite...o=9463#Photo
http://coins.ha.com/common/view_ite...o=9464#Photo
Bedrock of the Community
United States
10982 Posts
 Posted 12/16/2010  12:24 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
It looks 65 to me. The reverse looks 67! The obverse might be one of those "traditional" 64s (as fenton noted) but these receive 65 grades a lot these days.

Overall, the coin should go 65 based on the pictures.
ANA #R3154474
Pillar of the Community
United States
4989 Posts
 Posted 12/16/2010  12:28 pm  Show Profile   Bookmark this reply Add fenton to your friends list
Yeah I agree could go MS-65 depends on whether you get a friendly TPG. If you assume a 50/50 chance it's a good value @ $250
Bedrock of the Community
United States
14454 Posts
 Posted 12/16/2010  2:38 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
I may take a chance at 250.00 if it comes back MS-64 you may lose about 20-30 bucks (or you could break even, since it would be a Nice 64) but if it comes back 65 you will gain about a $100.00 or so

Quote:
Looking at the coin I have an opportunity to buy, and a few that were sold at Heritage that are graded MS-64. The coin I am looking to buy seems to be at least an MS-65. What do you think?

http://coins.ha.com/common/view_ite...o=9463#Photo
http://coins.ha.com/common/view_ite...o=9464#Photo
I have to say, that is the worst looking MS-64 I have seen in awhile so not a good one to judge grade by. If you are going by that coin being a 64 then the coin you are looking at is a MS-68 (which isn't going to happen). The coin you linked to is just a Dog 64 and I would never give 62 money for it. This is a good MS-64 to go by http://coins.ha.com/common/view_ite...=22467#Photo
New Member
United States
33 Posts
 Posted 12/16/2010  2:44 pm  Show Profile   Bookmark this reply Add goldduster to your friends list
I have seen higher prices on these in the past, although higher price does not always equate to higher value depending on the grade. I would be inclined to jump on this one.
Pillar of the Community
2224 Posts
 Posted 12/16/2010  7:40 pm  Show Profile   Bookmark this reply Add southsav to your friends list
In my humble opinion, I would conservatively give it a 63-64. I agree with superdave re the cheek and field marks. I have seen NGC graded GSA holders in this range go for 180-235 depending on the coin and strike.
Pillar of the Community
United States
880 Posts
 Posted 12/18/2010  09:16 am  Show Profile   Bookmark this reply Add lukkyseven to your friends list
The reverse is sooo nice! What a shame about the obverse!
Pillar of the Community
United States
1150 Posts
 Posted 12/20/2010  04:27 am  Show Profile   Bookmark this reply Add mitchhailey to your friends list
If I were you I'd buy it. No matter what it's a gorgeous coin and the price is fair.
Pillar of the Community
United States
880 Posts
 Posted 12/20/2010  3:11 pm  Show Profile   Bookmark this reply Add lukkyseven to your friends list
Yea that coin is only going to go up in value. I don't think anyone would blame you for buying it.
Valued Member
United States
455 Posts
 Posted 12/27/2010  12:47 am  Show Profile   Bookmark this reply Add thecoinczar to your friends list
$250.00 is a fair price for a GSA CC Morgan dollar. Even if your coin grades MS-64 it is still encased in the original GSA packaging (which tends to command an additional premium over the actual cost of the coin.
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