I Am Considering Purchasing This 1878-S Morgan Dollar

No way would I pay much for a red field holdered coin, I have owned quite a few and never paid more than a few dollars over a regular one, in a Paramount holder I couldn't justify more than $20.00 over a published price, anything more, to me is outrageous. I'd say value on a Redfield holdered coin like this should be no more than $150.00 tops, to me. Seeing that one on ebay for $200.00 is nuts! Don't mean to say the OP is nuts but if I'm paying $375.00 I'd want two of them at least. Just way, way too much $$$ for a coin like this IMO.

EDIT: In hindsight the toning is really quite nice on this coin so paying over $200 isn't really a big stretch, the cost will come back when the silver market invariably climbs again. At $375 though I think you'll be sitting on this one for awhile before you see a profit on it. I have made way worse purchases in my past however, and lost more than $1K on a coin or two.

MS-63 and seems overpriced.