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Morgan 1889 O . And The Scoreboard Says CCF 1 - Me 0

 
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Author Previous TopicReplies: 6 / Views: 261Next Topic  
Pillar of the Community
United States
541 Posts
 Posted 07/30/2021  09:48 am Show Profile   Bookmark this topic Add KauaiHawaiiGuy to your friends list Get a Link to this Message
Some of you may remember this coin that I posted a little over 2 months ago. I always wanted a PO-01 Morgan just because I didn't have one. And a PO-01 Morgan is only a PO-01 if it's officially graded that way, otherwise it's just a cull. I Bought it raw and ungraded for $30. and convinced myself that it might be a CC, and I posted it here at the CCF and made my CC case, and many if not most of you saw it differently. Well PCGS values an 1889 CC Morgan at $800. and one just recently sold at eBay for $855., so I decided it was worth the gamble to spend another $50 and get it graded ................ and as it turned out, PCGS thinks it's an O just like many of you.

If you want to read the original comments or see the coin enlarged out of the holder before I sent it off, here's the link to the original post ....... http://goccf.com/t/399421&SearchTer...uaihawaiiguy

So I don't have a $800 PO-01 after all, but looking at eBay past sales I see that two PO-01 1889 O's sold only last week, one in a NGC slab and one in a PCGS holder and they sold for $127.50 and $150., at least I'm not behind.

So comments and opinions on the coin or either of the posts appreciated as always.



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3319 Posts
 Posted 07/30/2021  10:14 am  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I think you got a very good result, perhaps not the one you were hoping for, but it's excellent that they were able to identify the mintmark and gave it a straight graded PO-1. I wasn't convinced it would be gradable.
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United States
3116 Posts
 Posted 07/30/2021  10:57 am  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Congratulation on getting a graded PO1. You were correct on the PO1 grade and got a nice value on your submission without the CC mint mark.
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United States
60623 Posts
 Posted 07/30/2021  11:01 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
How great is that!
Pillar of the Community
United States
2369 Posts
 Posted 07/30/2021  11:33 am  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
Nice p01!
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United States
69 Posts
 Posted 07/30/2021  1:44 pm  Show Profile   Bookmark this reply Add Fr8K9 to your friends list Get a Link to this Reply
Very cool! Well played sir.
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22764 Posts
 Posted 07/30/2021  1:45 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
No doubt about that one.
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