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10 Junk Morgans Just Sold On Ebay... Three 1893-O, One 1893-P, One 1895-S..

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Captain Jack's Avatar
United States
171 Posts
 Posted 11/13/2018  8:05 pm Show Profile   Bookmark this topic Add Captain Jack to your friends list Get a Link to this Message Number of Subscribers
10 Junk morgans just sold on ebay... three 1893-O, and one 1893-P amongst regular non key dates. Sold for $202.26 . I bid at like 20 seconds, then someone sniped me at 7 seconds left. Even in cull shape, those four 1893's are well worth that cost, along with the other 6, for what, the cost of scrap morgans normally priced at $20 each?
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Captain Jack's Avatar
United States
171 Posts
 Posted 11/13/2018  8:06 pm  Show Profile   Bookmark this reply Add Captain Jack to your friends list Get a Link to this Reply
For what its worth, I guarantee you that the 1893 P would have graded Poor-1 at PCGS. The ultimate lowball. The New Orleans ones were probably Good 6
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171 Posts
 Posted 11/13/2018  8:09 pm  Show Profile   Bookmark this reply Add Captain Jack to your friends list Get a Link to this Reply
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United States
171 Posts
 Posted 11/13/2018  8:15 pm  Show Profile   Bookmark this reply Add Captain Jack to your friends list Get a Link to this Reply
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coinlover1899's Avatar
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3058 Posts
 Posted 11/13/2018  8:39 pm  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply
Trust me, it happened to me the other day, had a $2000 coin that I bought through email for $420, then someone on ebay bought it for $550 before the person I bought it from could take it off.

It happens. You will just be ready for the next deal!
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Captain Jack's Avatar
United States
171 Posts
 Posted 11/13/2018  9:20 pm  Show Profile   Bookmark this reply Add Captain Jack to your friends list Get a Link to this Reply
I don't understand why the seller didn't sell them separately? He seemed to be a coin dealer, and to combine 5 key dates and have the whole lot of 10 sell for 202.26 boggles my mind. Even for their bad shape, I bet he could have pulled at least $50 a coin for the keys.
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coinlover1899's Avatar
United States
3058 Posts
 Posted 11/14/2018  01:49 am  Show Profile   Bookmark this reply Add coinlover1899 to your friends list Get a Link to this Reply
I agree, however $50 a coin is way too low. Over $100 a piece for the keys is more accurate.
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