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Are These Morgan Errors Good For The $$$?

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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 03/21/2015  01:35 am Show Profile   Bookmark this topic Add SilverStackerKid to your friends list Get a Link to this Message Number of Subscribers
APMEX is selling error morgans and such. They have some great stuff. The prices are high but wanted to know if these are good prices.

http://www.apmex.com/product/87586/...-strike-thru

http://www.apmex.com/product/87588/...-strike-thru

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John1's Avatar
United States
56855 Posts
 Posted 03/21/2015  07:58 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
I don't know if the price is good or not but I REALLY like the magnification feature they have,attention E-Bay.
John1
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bobby131313's Avatar
United States
24185 Posts
 Posted 03/21/2015  09:34 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply

Quote:
I don't know if the price is good or not but I REALLY like the magnification feature they have,attention E-Bay.


Honestly, I can't stand those magnification scripts. Just use a click to enlarge so I can see the entire coin at once full size.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/21/2015  10:51 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I have no problem with APMEX; everybody here seems to respect them as a business. But, um, no. I'm not givin' you $90 for an AU 1896 because it has a strikethrough.

Think about this, APMEX. If they're common enough for you to find and sell them commercially, how rare are they?
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westcoin's Avatar
United States
9796 Posts
 Posted 03/21/2015  3:42 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
My problem with APMEX is the follow disclaimer they have on their coin offerings:


Quote:
This photograph illustrates the quality of the coin(s) you will receive, not the exact item. Coin(s) will not have toning unless otherwise noted.


While they are a reputable company, they deal in coins as bullion NOT numismatic items, they sell whatever they have in stock at the moment and don't hide the fact what you see is not necessarily what will get when you order from them.

Bottom line if you want to buy coins there are hundreds of legitimate dealers that post great photos of the actual coin that they are selling, not a generic stock photo of a similar coin for sale.
"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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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 03/21/2015  5:28 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Do you have any examples of those dealers, westcoin?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 03/21/2015  7:25 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Do you have any examples of those dealers, westcoin?


The best answer for that is "all of them." Offering individual coins with generic images is offensive, and dealers who do that don't last long. A place like APMEX does not care what each individual coin looks like, and neither do their customers because they aren't coin collectors. They're metals investors.

Errors are a kinda silly bulk investment, and strikethroughs especially silly.
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vermontensium's Avatar
United States
16680 Posts
 Posted 03/21/2015  7:32 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Yup, APMEX for bullion, fine. Problem is, they are trying to sell a raw Morgan dollar like their bullion products.
That coin might be worth $40-50. Common date, common error.
swcoin.ecrater.com
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RedRaider's Avatar
United States
1021 Posts
 Posted 03/22/2015  12:48 am  Show Profile   Bookmark this reply Add RedRaider to your friends list Get a Link to this Reply
Stay away....not good purchases at $100. These are worth as much as any other decent condition coin for the date. Strike throughs are common enough to find for the morgan series. Keep your eyes open in ebay and therrs a good shot you find one for a much better price.
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westcoin's Avatar
United States
9796 Posts
 Posted 03/22/2015  02:35 am  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
Since we are on CCF start with other members here on the CCF auction forums, link at top, ebay (always check the feedback), local coin shops, any of the really good dealers are advertisers in many top publications like The Numismatist, Coin World, Numismatic News, etc.

A few of my favorite dealers are: G. Tiso, Jack Beymer, Don Bonser, Heritage, David Lawrence, Great Collections, Stack's/Bowers, Legend, Silvertowne (in person at major coin shows), Goldberg Auctions, Kagin's, Alhambra Rare Coins, Nevada Coin Mart, Bozarth Rare Coins, Bob Paul Rare Coins, Frisco Mint, Eagle Eye Coins/Rick Snow, Brian Greer, John Dirnbauer, Chris McCawley, PQ Dollars, Brian Greer, The Penny Lady (Charmy Harker), Rich Ulrich, VAMs & More, Reeded Edge.

That list should satisfy most coin buyers with enough material found amongst those dealers to build just about any type of set you are interested in.
"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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rottnrog's Avatar
United States
152 Posts
 Posted 03/22/2015  09:38 am  Show Profile   Bookmark this reply Add rottnrog to your friends list Get a Link to this Reply
Can't believe you left out Fred Weinberg. He is the go to for errors!!
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 03/22/2015  12:02 pm  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Lol. Thank you very very much.
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