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 Replies: 24 / Views: 2,501 |
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Valued Member
United States
110 Posts |
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Bedrock of the Community
United States
36741 Posts |
It's a low end BU, probably MS-61 or 62 at best.
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Pillar of the Community
1751 Posts |
Take your images straight on, not at an angle. That way the whole coin will be in focus, helps worlds with grading without having it in-hand.
61.
Edited by FadeToBlack
11/11/2013 10:13 pm
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Valued Member
 United States
110 Posts |
Very good, is that due to the mark near the rim and also slight scuffing on Liberty's cheek and hazing in the field? (I think it's called field, the area that is not raised)
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Pillar of the Community
1751 Posts |
The fields are the area that is not raised, that is correct. Emphasis is on the cheek for Morgan dollars, that's the area you want to see clean. How much did the dealer charge you for these, if you don't mind me asking? Also, familiarize yourself with this; it will help wonders when learning how to grade. http://www.pcgs.com/photograde/ |
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Pillar of the Community
Canada
933 Posts |
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Valued Member
United States
110 Posts |
Great tip, will shoot straight in the future. Thanks for your reply
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Pillar of the Community
Canada
5417 Posts |
Its definitely BU. I think the obverse is about 63 but the reverse pulls the net grade down to 61/62.
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Valued Member
United States
110 Posts |
Oh, I paid 46$ for this coin. I saw him get out a piece of paper (assuming it was the grey sheet) and he gave me a price of 48$. I figured it was good to support his local business as he did tell me a lot about his various coins and I took up some of his time. Probablly not the best deal, but I dont think the worst deal. I am going to go read the thread that was linked, love this forum! Thanks for your responses guys!
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Bedrock of the Community
United States
36741 Posts |
Always good to get to know the local guy as he may throw you some deals over time. Don't overpay though, learn to grade and have a good idea of prices before buying.
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Pillar of the Community
1751 Posts |
I'll tell you that $48 is a bit steep for this coin... I probably would pass at $28-$30... under that, I'd consider it. I'm a bit of a bargain hunter, though, so your mileage may differ.  As long as you're happy, that's all that matters. |
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Valued Member
United States
110 Posts |
Thanks, I definitely am happy. I got the impression I overpaid, I deal a lot with used music equipment and vintage equipment and I just had that "feeling". But, I appreciate the input, as next time I go down to the shop, I will have some more tools in the shed. There is actually a few pawn shops here that have reasonable (for a pawn shop) pricing on some of their Morgan coins. The thing is, anytime something good comes in the shops, it is gone because other people in town know to look everyday. PCGS link is bookmarked, going to look through that everyday at different coins.
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Pillar of the Community
United States
3843 Posts |
Quote:
Oh, I paid 46$ for this coin. I saw him get out a piece of paper (assuming it was the grey sheet) and he gave me a price of 48$. I figured it was good to support his local business as he did tell me a lot about his various coins and I took up some of his time. Probablly not the best deal, but I dont think the worst deal. You may want to shop around a little to find a coin dealer that is both ethical on pricing/grading (not saying your local dealer isn't, we really don't know) and has the quality/type of coins that you want to add to your collection. Start with small purchases to see how they treat you. Post your purchases here for feedback, you're going to make mistakes as in any new hobby, the key is to learn from those mistakes and become a better numismatist because of them. When you find a good honest dealer stick with them, dealers will often give regulars substantial discounts and sometimes give them first choice of the new stuff that comes into the shop. NumisMedia is another useful site. Not quite as good as the Greysheet but it is free! Remember that no price guide is the end all be all, they are just guides and premium quality coins will likely be more expensive than the prices listed. http://www.numismedia.com/fmv/fmv.shtmlLooks like you are off to a good start but take it slow and make sure to research significant purchases before you make them. Edited by Joe2007
11/11/2013 11:06 pm
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Rest in Peace
United States
10625 Posts |
The obverse appears to be MS61 from the photo. The actual grade could be higher (MS62)if the marks on the cheek are not as distracting as they appear. Have you figured out what VAM it is? Edited by dave700x
11/11/2013 11:05 pm
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Valued Member
United States
110 Posts |
That's great advice on looking for the right dealer and the link to numismedia. I will really do some more research on what I am looking for next. Even though Bakersfield is a big city, there aren't many coin shops in town. Lot's of antique and pawn shops however. But I feel like there is a shop in vicinity (LA, Fresno, Monterey) that I will evetually find and settle in with. I'm going to keep purchases pretty light and focus more on commons and uncommon coins for the first year or so. I think Fade was right, the angled shot really shows the worst of the marking. When held, I don't see the marks as severe, but there are some there. I have been reading about VAM. I have not figured out what VAM it is, there is a lot of information to process within that area! If you see anything on the coin that you cant tell from the picture, let me know and I will do my best to describe/re-shoot picture. |
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Pillar of the Community
United States
3843 Posts |
You might also want to consider coin shows in your area as well. Perhaps some of the Morgan dollar specialists here can suggest a few good dealers that set up at area coin shows. |
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Replies: 24 / Views: 2,501 |
Posted 11/11/2013 9:58 pm
