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Somebody got an unbelievable deal on some Morgans. Wow!

 
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Locked

822 Posts
 Posted 09/01/2010  10:37 am Show Profile   Bookmark this topic Add scubu to your friends list Get a Link to this Message
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 Posted 09/01/2010  11:13 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Ooooh. They sell from scans, not photos. That's an opportunity.

/Adds Favorite Seller
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 Posted 09/01/2010  11:18 am  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
Might not be that great... just under $40 per coin. I am not sure I would have bit, but I usually do not buy in bulk anyway. There could be some big finds though, you never know.
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 Posted 09/01/2010  11:25 am  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply

Quote:
Might not be that great... just under $40 per coin.


How many MS63 1884-S you got? I'll give you $40 for every one you got right now.
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 Posted 09/01/2010  12:01 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Might not be that great... just under $40 per coin.


Maybe not great for him, given the depressed state of eBay selling right now, but I kinda like my chances as a buyer.

I'm hoping he dumps them en masse with those nicely-accurate-but-deceptive scans. It's a situation where someone who knows what they're actually looking at, regardless of how the scan looks on the surface, can harpoon some really good ones. Time to dust off my shark fin and head for the water.
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 Posted 09/01/2010  1:02 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
I think it looks like a fair deal, nothing too extraordinary. If you're a collector, you got a decent price. If you're looking to resell, you might not do so well.

I think Morgan dollars are a beautiful coin and very collectible. However, they are available by the hoards. I've dealt with buying and selling tons of these guys (mainly raw). An MS63 grade is many times not the most attractive grade and sometimes hard to sell. MS62 is even worse. If you're a dealer, you're going to spend a LOT of time with these coins in your case waiting to find a buyer.
Specializing in 2-3-20 cent pieces and 19th Century Proofs
Did someone mention 3CN?
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 Posted 09/01/2010  1:20 pm  Show Profile   Bookmark this reply Add scubu to your friends list Get a Link to this Reply
Yeah you guys are right. Just a somewhat so-so deal.
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 Posted 09/01/2010  1:36 pm  Show Profile   Bookmark this reply Add big777bill to your friends list Get a Link to this Reply
Touche scubu!
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 Posted 09/01/2010  2:00 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
I overlooked that there was a special MS in the lot. I guess the seller got ripped or was a complete moron. Normally, 40 BU Morgans are no biggie.
Specializing in 2-3-20 cent pieces and 19th Century Proofs
Did someone mention 3CN?
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 Posted 09/01/2010  2:05 pm  Show Profile   Bookmark this reply Add remmy1100 to your friends list Get a Link to this Reply
Yeah... I missed biggee in there too. I can see why it was overlooked though. the seller would have gotten more by selling them individually.
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 Posted 09/01/2010  2:44 pm  Show Profile   Bookmark this reply Add mycrob to your friends list Get a Link to this Reply
Is it possible the 84S is a type? I can't see the actual dates on the ones that are pictured. And what are 84-S MS63s going for, since I could not access those links above?
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 Posted 09/01/2010  2:46 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
Waiting anxiously for the feedback to see if there truly was an 1884S in MS63 in that lot....

If so, it's probably the biggest "oops" I've ever seen....
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 Posted 09/01/2010  2:50 pm  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply

Quote:
And what are 84-S MS63s going for, since I could not access those links above?


It's free to become a member, and then you just need to logon. The auctions Scubu posted were 26K, 15.5K, and 25K respectively, and they were all NGC MS63........
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 Posted 09/01/2010  3:01 pm  Show Profile   Bookmark this reply Add vanbroj to your friends list Get a Link to this Reply
Greysheet bid for a ms 63 1884 S is 25,000 Dollars !
Wow , this buyer did get a great deal if everything is legit !
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 Posted 09/01/2010  3:08 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I didn't think it was a good deal until ya'll pointed out the 1884-S. If that's legit it's a once in a lifetime score.
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 Posted 09/01/2010  4:33 pm  Show Profile   Bookmark this reply Add albumcollector to your friends list Get a Link to this Reply
What an amazing deal for the buyer if there truly is a MS63 1884S in the lot!
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