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1884 CC Morgan

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Saruma's Avatar
United States
968 Posts
 Posted 10/25/2011  9:34 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
Unless you are very confident in your grading in the MS range, or that coin has been graded by a reputable TPG, I would not pay MS-63 prices for it. If it actually graded lower than that you would have ended up overpaying by a fair bit.
Valued Member
ccw2805's Avatar
United States
78 Posts
 Posted 10/25/2011  11:59 pm  Show Profile   Bookmark this reply Add ccw2805 to your friends list Get a Link to this Reply
That's what I am hoping to avoid. I am 99.9% sure that the label with the grade on it is not from a reputable grading service. Seeing as no logos or names of the companies were mentioned on it. I will try and slide by the store tomorrow and get a picture of the coin if possible and post it.
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jessvc1's Avatar
United States
2596 Posts
 Posted 10/26/2011  12:08 am  Show Profile   Bookmark this reply Add jessvc1 to your friends list Get a Link to this Reply
I think you should check out teletrade there you can buy coins already graded for the same price of raw coins. This past summer I averaged in the mid $40's for (ANACS,NGC,PCGS)AU55-MS62 morgans. Tonight I just bought a "1855 NGC XF details"Large cent for $31 and all these coins are already graded so it saves you money in the long run. I personally would recommend Teletrade and Heritage.
Edited by jessvc1
10/26/2011 12:09 am
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aladinslamp's Avatar
United States
3076 Posts
 Posted 10/26/2011  12:38 am  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
One must also realize you can buy the certification papers on ebay all day long,, if your smart enough to research what the numbers are for the given years of GSA coins..one would realize many broke them out of the box to have them NGC or PCGS certified back in the day for grading purposes only..before the collector's who wanted all the documentaion...GSA coins were held in the vaults..SO this means they are definitly "uncirculated" So the question still relates in the end to the coins true condition of grade, when one can purchase the box and papers on ebay...its the condition that is most important...IF it was in Granny's bread basket for a century or in the vault..the condition is the determining factor..though some may disagree...She loved to make BANANA Bread
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ccw2805's Avatar
United States
78 Posts
 Posted 10/27/2011  2:15 pm  Show Profile   Bookmark this reply Add ccw2805 to your friends list Get a Link to this Reply
This is disappointing, apparently my local coin shop owner believes that the lowest he could go would be about $230 for this MS-63 and refused to pass the offer on to the owner that put the coin on consignment when I made an offer of about $160 for it. I guess I will try teletrade then.
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D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 10/27/2011  6:45 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
For $230, I would have passed. These are common enough that you should not have too much trouble acquiring one.
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