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What Would You Pay For A Set Of Philadelphia Morgan's In Bu?

 
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Author Previous TopicReplies: 9 / Views: 393Next Topic  
Valued Member

United States
108 Posts
 Posted 07/21/2021  4:58 pm Show Profile   Bookmark this topic Add Emaroots23 to your friends list Get a Link to this Message

I've been offered years in raw BU condition.
1878
1879
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1884
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1888
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1896
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1921
So 21 total at $1175. Does that sound about right?
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United States
59348 Posts
 Posted 07/21/2021  5:19 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
I don't think it's possible to estimate the value of a lot like this without seeing the coins themselves.
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Canada
10826 Posts
 Posted 07/21/2021  5:33 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Have you seen the coins to verify they are of BU quality?
If so, then go by eBay SOLD prices for the same coins.
This will give you an idea of the current market.
Valued Member
United States
266 Posts
 Posted 07/21/2021  6:09 pm  Show Profile   Bookmark this reply Add halfamind to your friends list Get a Link to this Reply
Average of $56 per coin makes me a little suspicious they may not truly be brilliant uncirculated. Buyer beware, especially if sight unseen.
Pillar of the Community
United States
3071 Posts
 Posted 07/21/2021  6:39 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The price is fair for raw BU at the current market value.
Pillar of the Community
United States
1777 Posts
 Posted 07/21/2021  10:10 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
Sounds mighty low. Like cleaned and au coins.
New Member
United States
6 Posts
 Posted 07/22/2021  12:44 am  Show Profile   Bookmark this reply Add Salmotrutta to your friends list Get a Link to this Reply
Its a very good deal, if all are MS quality. High AU Morgans can be tricky. They look MS63/64, mirrored finish, yet that cotton boll and hair curl shows a hint of wear. That slight bit of wear taking a Morgan from 64 to 58 can get "lost" while focusing on the rest of the coin.
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United States
5559 Posts
 Posted 07/22/2021  8:42 pm  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
Seems a little high, but OK if all coins are truly MS-60 or better. I would be concerned that some (maybe most?) would be AU sliders, possibly cleaned or otherwise impaired. Only way I would consider a purchase is if there were a solid return privilege.
Valued Member
United States
309 Posts
 Posted 07/22/2021  9:24 pm  Show Profile   Check Singer's eBay Listings Bookmark this reply Add Singer to your friends list Get a Link to this Reply
Grey Sheet bid:

At AU58, these are currently between $42 and $45, except for the 21 which is @ $39.

At MS60, these would be $50, with the 21 @ $43.


If they are truly MS as others have said, then it might be a good deal. $1,000 would be fair.
Valued Member
United States
56 Posts
 Posted 07/22/2021  11:38 pm  Show Profile   Bookmark this reply Add Pmint1 to your friends list Get a Link to this Reply
If they are really BU there is no down side to buying them.
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