Posted 08/30/2016 4:10 pm
Slider
I bought that 1901-S for $310 you saw on ebay. I did not want to pay that much but I made a high maximum bid of $330 to scare off rivals. AU50 is $200 and I just guessed what a AU58 might fetch since the MS60 is $475 or thereabouts. What did you think of the example I bought for $310? No need to spare my feelings. My public bid was $280 but I got outbid. I guess I would have paid it. I wonder about 1896-S and why this Morgan is so expensive?
Was this coin melted down or something? I see mintage of 5 million but price just soars after AU50 and even AU50 is way over $700. Same with 1903-0 with price just high to me in all grades for a coin with 4.4 million mintage. It seems that the Morgans of early 20th century that were minted "S" or "O" have a premium on them. Try buying 1904-S or 1903-S and you will pay dearly for AU and above. Mintage is low but not that low.
I bought that 1901-S for $310 you saw on ebay. I did not want to pay that much but I made a high maximum bid of $330 to scare off rivals. AU50 is $200 and I just guessed what a AU58 might fetch since the MS60 is $475 or thereabouts. What did you think of the example I bought for $310? No need to spare my feelings. My public bid was $280 but I got outbid. I guess I would have paid it. I wonder about 1896-S and why this Morgan is so expensive?
Was this coin melted down or something? I see mintage of 5 million but price just soars after AU50 and even AU50 is way over $700. Same with 1903-0 with price just high to me in all grades for a coin with 4.4 million mintage. It seems that the Morgans of early 20th century that were minted "S" or "O" have a premium on them. Try buying 1904-S or 1903-S and you will pay dearly for AU and above. Mintage is low but not that low.
