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Replies: 21 / Views: 2,166 |
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Valued Member
United States
284 Posts |
So after my recent botched purchase of an artificially toned and over priced capped bust half (of which I am returning for a refund)I decided to get a GSA Carson City Morgan. I ended up with this 1883 for under $200.00 How did I do and what do you think it would grade out at? I personally thing MS-64 but am still new and learning. Here is the gratuitus "Look what I got!" shot. Artsy fartsy stuff to follow  
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Pillar of the Community
917 Posts |
We are going to need some bigger pics of the front and back bud.
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Valued Member
 United States
284 Posts |
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Valued Member
 United States
284 Posts |
Quote: We are going to need some bigger pics of the front and back bud. Way ahead of ya bud 
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Pillar of the Community
917 Posts |
Nice! I will say MS63 maybe MS64. Thats a nice one.  whats that smudge to the left of the chin/face? is it on the plastic?
Edited by LincolnGuy 01/28/2012 03:32 am
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Pillar of the Community
United States
9792 Posts |
I'd say MS-62/63 too big a mark on the cheek for a 64 grade, the coin looks nice, you got the box and certificate a + as many were tossed out. Under $200.00? Not too bad of a price for this coin at all I'd venture. Certainly not very rare, but still a nice coin.
I'd recomend you limit purchases to ANACS, PCGS or NGC coins for a bit that way you can be sure of the grade (not that they are always correct by any means) but better than getting sold something not even close to the grade you think or worse artificially toned or messed (doctored) with. After seeing many coins you will come to judge exactly why a grade is handed out.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Valued Member
 United States
284 Posts |
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Pillar of the Community
917 Posts |
That paper says you should have gotten 3 of them for $100  Better call them and tell them they owe you like 5 more 
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Valued Member
 United States
284 Posts |
Sorry westcoin, I am sure that is sound advise but I am not a particular fan of the grading services. I did just buy a slabbed NGC MS-63 1881 s Morgan so I am not totally against them, but I also have been growing my book collection and learning from them. ETA: I didn't think I did anything particularly special or rare, I just felt a little redemption was all. Tough crowd here though. 
Edited by DM1975 01/28/2012 03:46 am
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Valued Member
 United States
284 Posts |
Quote: That paper says you should have gotten 3 of them for $100 Better call them and tell them they owe you like 5 more  Sure, I'll just hop into my time machine and hit up 1972 for a while. 
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Pillar of the Community
917 Posts |
BAH! I like the GSA holders. 
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Valued Member
 United States
284 Posts |
I do to LincolnGuy. I would never crack one out of the original holder, and even though they will certify them in the holder now days, I dont want to be without the coin long enough to have someone else "certify" that I have a cool coin.
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Pillar of the Community
United States
9792 Posts |
Quote: DM1975: Sorry westcoin, I am sure that is sound advise but I am not a particular fan of the grading services. I totally get that, but if you are not handling lots, in the 100's regularly, it may take you some time to become proficient at grading, every series of coin is different also. I suggest a grading set to use, maybe just get a few AU-53/55, MS-60/62, MS-63, MS-64. MS-65 in Morgans jsut to use as a reference set while you are learning. Even the TPG's have grading sets they keep to refer to.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440
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Pillar of the Community
United States
759 Posts |
Redemption earned on 2 fronts: 1) returning a coin you're not 100% happy with. I've learned that if I don't love a coin at first sight, I never will, but you'd be surprised how many people don't return something they later wish they would have. 2) you certainly didn't overpay this time. Those consistently go for $185-$215, so under $200 was on the lower end of market pricing. There's lots of history there, particularly with the GSA holder and it's a coin that is a pillar of any Morgan collection. Compare against your 1881-S for one grade benchmark. I'm thinking 63. I like where you set your sights though. CC Morgans and Bust Halfs are 2 very interesting series to pursue.
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Valued Member
United States
307 Posts |
Nice Coin!
I love the GSA Carson Citys, you can look at them once every 2 months or everyday, either way there always appealing.
I had some of those GSA sale advertisements at one time, but I threw them away before I knew they were kinda rare/worth keeping. doh!
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Valued Member
 United States
284 Posts |
Westcoin, I think I will work on just that then. It does make perfect sense. My ANA grading book is good to have, but having some examples in hand sure would make it much easier.
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Replies: 21 / Views: 2,166 |