Posted 08/18/2007 5:59 pm
A quick look at some of his "e-slabbed" Morgans suggests that the grades are possibly accurate. At least, the MS-labeled examples appear to be lustrous, undamaged mint state coins. Within the limitations of his photos, the 1878-CC Morgan looks like it may well grade MS-64.
I'd estimate that his price on that Morgan isn't suspiciously low. Retail price guides have this coin in the $625 range and a decent PCGS or NGC MS-64 example can probably be found for around his $495 buy-it-now price.
Just because most of the alphabet graders are con artists doesn't mean there aren't a few who are trying to grade accurately. Maybe some brave soul would be interested in negotiating a crossover guarantee with this seller!
I'd estimate that his price on that Morgan isn't suspiciously low. Retail price guides have this coin in the $625 range and a decent PCGS or NGC MS-64 example can probably be found for around his $495 buy-it-now price.
Just because most of the alphabet graders are con artists doesn't mean there aren't a few who are trying to grade accurately. Maybe some brave soul would be interested in negotiating a crossover guarantee with this seller!
