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Need Help With A 1893 Morgan S

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Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 07/13/2018  8:42 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
with VG-10. Looks like the real deal. Fantastic find. Save it and pass it down.
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Tnvol's Avatar
United States
36 Posts
 Posted 07/13/2018  9:50 pm  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply
Is ther an online source to find out a realistic value for VG10 rating?
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jimbucks's Avatar
United States
4692 Posts
 Posted 07/13/2018  9:59 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Here are auction results
http://www.PCGScoinfacts.com/Coin/Detail/7226
So, the last PCGS VG-10 sold at Heritage Auctions for $2,650 in June of this year.

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Tnvol's Avatar
United States
36 Posts
 Posted 07/13/2018  11:07 pm  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply
@ jimbucks Thanks
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Tnvol's Avatar
United States
36 Posts
 Posted 07/15/2018  9:15 pm  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply
Took this by the coin dealer. He confirmed it was real an offered $1600 for it. He admitted it was probably worth quite a bit more but with the amount of traffic in his store he couldn't put any more into it. He said if it sat in the store for more than two months he would be losing money. The store is in Bartlett TN about 10 miles from Memphis.
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jimbucks's Avatar
United States
4692 Posts
 Posted 07/15/2018  9:19 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
He was trying to lowball you. Hopefully we have helped educate you as to value and auction houses that can sell it if for you if you choose to do so.
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basebal21's Avatar
13014 Posts
 Posted 07/15/2018  9:45 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
He said if it sat in the store for more than two months he would be losing money.


He wouldn't be losing money he would just have money tied up in it. I would bet money he has plenty of things in his inventory that he's had for longer than 2 months
Edited by basebal21
07/15/2018 9:45 pm
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 07/15/2018  10:02 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
Welcome, Tnvol ( TN Vols, right?). I live in Jackson, so I'm not too far from you. I was expecting to see an obvious counterfeit, but how nice that it was the genuine article instead. I would love to know how it was acquired and how long he owned it. Pretty cool that a Morgan of this caliber has come out of hiding. I would send it to PCGS for the Gold Shield Service. You'll get the TrueView images included.
Edited by Darth Morgan
07/15/2018 10:05 pm
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Tnvol's Avatar
United States
36 Posts
 Posted 07/15/2018  10:31 pm  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply
Basebal21 - I kinda doubt he had very many coins in there that he had invested $1600 in.

Also I've been trying to figure out how to quote posts like that, mind telling me how?
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Tnvol's Avatar
United States
36 Posts
 Posted 07/15/2018  10:34 pm  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply
Jimbucks I'm trying to learn as much as I can, really appreciate all the help I can get.
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bobby131313's Avatar
United States
24161 Posts
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Tnvol's Avatar
United States
36 Posts
 Posted 07/15/2018  10:56 pm  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply
Darth I actually live in Newbern. My daughter lives in Bartlett but we are still right down the road. Good to know someone here is that close.

I'm trying to figure out where my dad got the coin. If I find out I will definitely post the info.

The dealer thanked me for coming in and told me it was good to have one of those come in his store which made me feel pretty good.

When my wife and I got home I pull the shoebox off the top shelf of the closet where we had a few coins since we were kids. Had a 1972 Ike dollar, series 1 though. Several Buffalo nickels, several wheat pennies and a bunch of Canadian coins. It was fun looking them up.

I will look into PCGS
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CoinGuy82's Avatar
United States
24 Posts
 Posted 07/16/2018  03:40 am  Show Profile   Bookmark this reply Add CoinGuy82 to your friends list Get a Link to this Reply
TNVOL I would recommend you stop by A Coin and Silver Shop on Poplar Ave (behid White Station H.S)
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nickelsearcher's Avatar
United States
15437 Posts
 Posted 07/16/2018  05:41 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Great story - always nice to see one of these 'dad left it behind' coins actually be the real deal .... and a valuable one at that.

Take a look at my other hobby ... http://www.jk-dk.art
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Tnvol's Avatar
United States
36 Posts
 Posted 07/16/2018  08:05 am  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply

Quote:
TNVOL I would recommend you stop by A Coin and Silver Shop on Poplar Ave (behid White Station H.S)


Thanks, I will.
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