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Replies: 17 / Views: 2,406 |
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Valued Member
United States
344 Posts |
So I'm a fairly new collector and I've been looking for my first graded coin preferably PCGS. I'm limited to Amazon because I have an $80 credit. I found this 1898 O Morgan dollar graded ms-62 by PCGS for $65. This price is a bit high for the grade and date but what took my attention was the gold toning on the rim. I was wondering if this toning is real or not, because I would've thought the toning would've carried over to other parts of the coin.   Edited by Alex12780 10/27/2016 11:59 am
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Pillar of the Community
United States
4469 Posts |
It is common for a MS Morgan to get gold rim toning from setting in a album. I seen them have rim toning after only 6 months in an album.
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Valued Member
 United States
344 Posts |
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Pillar of the Community
United States
4469 Posts |
It looks like a typical coin for the grade and date. I would put the value at $50 with shipping included. For $65 you should be able to get a MS 63.
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Pillar of the Community
United States
4416 Posts |
IMHO, not a bargain price at $65. The reverse is beautiful, but the obverse is baggy.
How about putting that $80 credit toward a coin book or two?
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Valued Member
 United States
344 Posts |
That's what I was thinking. Amazon isn't the best place for coins.
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Pillar of the Community
United States
533 Posts |
If you like the coin make the owner an offer not sure if Amazon allows that but I make offers all the time on ebay even for buy it now without offers turned on. Just send a email to the seller and low bid a little never offer what your willing to pay up front but a little less. If I am willing to pay $50 I might offer $45
Edited by jaxenro 10/27/2016 3:09 pm
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Bedrock of the Community
United States
11951 Posts |
I agree .. $65 is high. Have you checked sold listing on ebay for similar coin?
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Valued Member
 United States
344 Posts |
Good idea jexenro, i'll try to shoot them an email.
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Bedrock of the Community
United States
94367 Posts |
Agree I'd save my $80 for something else.
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Bedrock of the Community
United States
12057 Posts |
Toning is natural but the coin is overpriced by $20 or so.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Valued Member
 United States
344 Posts |
If I can talk him down to $55 I'll go for it. This fits a couple things I've been looking for, for my collection, a Morgan dollar, a graded stabbed coin, a New Orleans minted coin, and an eye appealing toned coin. Plus I really like the rims on this one lol.
Edited by Alex12780 10/27/2016 9:42 pm
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Valued Member
United States
467 Posts |
I think it's overpriced, but it also looks like some nice clashing going on, check the VAM on it? I see clashing on Obverse and Reverse. Nice coin though.
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Valued Member
United States
467 Posts |
I don't know maybe not clashed, is that a clash mark where they are normally found, at the top of the neck and between the left wing and wreath?
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Valued Member
 United States
344 Posts |
They emailed back and said that they are not going to drop the price. I was looking at their other Morgan's for sale and all seem to have a variation of gold rims and a very clear and bright face and obverse. They are all just about the same coin just different years. Odd. And they're all graded ms-62
Edited by Alex12780 10/28/2016 6:24 pm
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Pillar of the Community
United States
4469 Posts |
Alex, move on there are plenty of quality Morgan coins available in common dates that will meet your criteria for the price you want to pay.
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Replies: 17 / Views: 2,406 |