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1890-S Morgan Thoughts On Buying It?

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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 04/26/2015  6:23 pm Show Profile   Bookmark this topic Add Imthealphaomega to your friends list Get a Link to this Message Number of Subscribers
http://www.ebay.com/itm/361276895963

I was thinking of getting this. If it is high enought grade wise I was thinking of sending it to PCGS what do you think the grade is?
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/26/2015  6:31 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I have it at 62 with a possibility of 63. They're not uncommon in lower MS grades, and the cost of getting it slabbed might put you at (best) break-even if the bidding doesn't go over $40. And then the matter of finding a buyer for a slabbed 62/63, as they're not really out of reach in 64 and that would be a far better looking coin.
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 04/26/2015  6:58 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
http://www.ebay.com/itm/1890-S-MORG...em25a36ac481

I wonder if this one is any better?
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IndianGoldEagle's Avatar
United States
36800 Posts
 Posted 04/29/2015  10:41 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
The first one MS-62, the second AU. Keeping looking, you'll find a better one.
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Night-Hawk's Avatar
United States
1002 Posts
 Posted 04/29/2015  2:22 pm  Show Profile   Bookmark this reply Add Night-Hawk to your friends list Get a Link to this Reply
Wanted to re-post this from your other thread..
(Only because you keep asking "should I buy this and send it in?")
You may be better off first just buying a slabbed coin or two to help learn grading.

Check out the Great Collections
BIN "Buy It Now" Morgan's, you might find something you like.
(All slabbed coins, NGC, PCGS, ICG & ANACS, reasonably priced).
There are no extra buyer fees on BIN coins.
-Shipping is free on the first coin you buy there when you register.
http://www.greatcollections.com/sea...ies=&sort=11

Also check the 24-Hour deals..
http://www.greatcollections.com/DailyDeal

-I've picked up some really nice coins at GC, just wanted to pass it along.
Edited by Night-Hawk
04/29/2015 2:25 pm
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Cascade's Avatar
United States
7390 Posts
 Posted 04/29/2015  3:21 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
I spent a lot of money learning how to grade morgans by sending them to pcgs shotgun style when I was just getting into coins. It was fun and thrilling but expensive and while some exceeded my expectations most didnt. Good thing I'm a quick study and found ccf or I have to start buying stock in them...

Stick with ccf but for the next month I suggest you watch and try to grade coins in the grading forum. It will hone your eye to what to look for in different grades quickly if you pay attention. Also read articles about grading and study pcgs photograde
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/29/2015  4:39 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
On the bright side, buying stock in Morgans means you don't have to depend on the paper.
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