First Page
Previous Page
Posted 12/31/2006 2:31 pm
quote:
Originally posted by Becky
There were only 350,000 of those minted. With approximately 1,000,000 Morgan collectors, that means that 650,000 of them will never own a 1889cc. They don't want that coin because of the damage, they want that coin in spite of the damage.
I've got my piece of the pie with a PCGS G-06. I've had several other 89-CCs, but they were all problem coins, so away they went. I watch the 89-CC Morgans on ebay and almost every one offered is a problem coin, even those with four-figure start prices. Best I can tell, just about all the problem-free 89-CCs have already been slabbed (NNC, NTC, PCI, and ACG don't count since they've been known to slab problem coins without so stating on the labels). Nevertheless, unless a seller has an outrageous start or Buy It Now price, 89-CCs will sell no matter what their condition. And the values of 89-CC Morgans keep going up no matter what their condition and problems. And nevertheless, I keep watching and hoping.
I might have bid on this one as a curiosity piece, but not for 117 bucks. Twenty, maybe.
Fred
