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Price Question On A 1893-CC Morgan

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Valued Member

United States
68 Posts
 Posted 06/04/2013  09:55 am Show Profile   Bookmark this topic Add new2coins69 to your friends list Get a Link to this Message Number of Subscribers
i may have the chance to buy this coin. it has been graded by pcgs (f15) and I know it is a key date. However I want to make sure I dont over pay and besides going by price guides. I wanted to know if there was a way to search current market value.

by the way it would be for 480.
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ThisIsFun's Avatar
United States
2480 Posts
 Posted 06/04/2013  10:06 am  Show Profile   Bookmark this reply Add ThisIsFun to your friends list Get a Link to this Reply
Retail value by 'book' (Redbook, PCGS, Numismedia, etc) and actual selling prices are often different. For a good idea of what that coin may currently be worth, try an ebay search of completed listings. Also get a free account at Heritage Auctions (www.ha.com) and do a search of current and past auctions there as well. PCGS's CoinFacts is another place to see recent auction prices.
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oih82w8's Avatar
United States
7840 Posts
 Posted 06/04/2013  10:14 am  Show Profile   Bookmark this reply Add oih82w8 to your friends list Get a Link to this Reply
Numismedia (NGC basically) has it listed at F12 for $300 and VF20 for $650.

Since this is an "in-between" grade I would second that you should check completed auctions to determine what the "collectors" have been paying for this type/grade of coin. Eye appeal would also play a factor in the price as well. You could have two (or more) of the same grade and one could command a significant difference in price depending on "eye appeal".

What does it look like?

Price-Question-On-A-1893-CC-Morgan
Edited by oih82w8
06/04/2013 10:15 am
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dave700x's Avatar
United States
10625 Posts
 Posted 06/04/2013  10:36 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
with all posted thus far. If the holder is an old generation green label it could very possibly be under graded at F-15. We will need to see pictures.
Valued Member
United States
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 Posted 06/04/2013  10:56 am  Show Profile   Bookmark this reply Add new2coins69 to your friends list Get a Link to this Reply
Ok. I will check at those sites. I will also try to post pictures later today.
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shadowtrooper78's Avatar
United States
1370 Posts
 Posted 06/04/2013  10:56 am  Show Profile   Bookmark this reply Add shadowtrooper78 to your friends list Get a Link to this Reply
Not sure how helpful this will be but about a year ago my dad picked up an 1893-CC PCGS F-15 for $375 at a local show. The $375 was greysheet at the time.
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United States
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 Posted 06/04/2013  11:23 am  Show Profile   Bookmark this reply Add new2coins69 to your friends list Get a Link to this Reply
is it me or does anyone else have issues trying to upload pictures via their smartphone (e.g. droid 4)
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GR58's Avatar
United States
11951 Posts
 Posted 06/04/2013  11:24 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Current greysheet is
Fine $280 ask
Very fine $600 ask

I think F15 would fall between those prices
Most dealer will buy back of greysheet and sell
Over greysheet. If you work with the same dealer enough
you can buy at or near greysheet.

I think with this coin, eye appeal would have a lot to do with how much
I would want to pay.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/04/2013  4:43 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Heritage has offered over 100 of these, graded F12 to F15, in the last 5 years. Two have exceeded $400, neither within $50 of the offered price here. Only a couple others have exceeded $375. Prices are all over the map - timing seems more important than the slab. One of the more expensive was an F12.

Me? I wouldn't spend anything near $480 on an 1883-CC in F15. Not when you can easily get an F12 (be real, what's the difference? Neither are conditional rarities) for well under $300.
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United States
68 Posts
 Posted 06/04/2013  5:47 pm  Show Profile   Bookmark this reply Add new2coins69 to your friends list Get a Link to this Reply
What are your thoughts:

Price-Question-On-A-1893-CC-Morgan

Price-Question-On-A-1893-CC-Morgan
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basebal21's Avatar
13014 Posts
 Posted 06/04/2013  5:52 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
If the holder is an old generation green label it could very possibly be under graded at F-15


Thats a myth imo. If it were true that those old coins would be likely to upgrade because of the holder theyd be sent back in when your talking 100s of dollar differences.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/04/2013  7:30 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
What are your thoughts:


The difference between F12 and F15 is very small, and very variable. I have this one as rather low-end for F15. Seen better, seen worse. It is assuredly not a $400 coin, much less a $480 one.

If 1893-CC is an issue you wish to own, look for a good F12 rather than a poor F15. Too many people see the number on the slab with Morgans instead of the coin, and that's driven the price differential in-grade to ludicrous levels sometimes. 1893-CC is such a time.
Valued Member
United States
68 Posts
 Posted 06/04/2013  7:38 pm  Show Profile   Bookmark this reply Add new2coins69 to your friends list Get a Link to this Reply
thanks. I am glad I didnt make a bad buy. I am not a big morgan collector I perfer havles to pennies.

so thanks
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/04/2013  8:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
That's why you throw the stuff up here for opinion. We have lots of those in stock.
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dave700x's Avatar
United States
10625 Posts
 Posted 06/04/2013  8:24 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
The obverse is very weak for F-15. Unless it has been raw up until this slab, I'll bet it was cracked out of an old F-12 slab.
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United States
68 Posts
 Posted 06/05/2013  11:03 am  Show Profile   Bookmark this reply Add new2coins69 to your friends list Get a Link to this Reply
Funny you say that. The guy was swearing up and down that if I was to removed it and have it regraded it would come back higher than f15 but he didn't have the time or wanted to put the money into it.
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