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Looking To Maybe Buy And Grade, 1891 O Morgan

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farrider11's Avatar
United States
614 Posts
 Posted 04/07/2019  2:27 pm Show Profile   Bookmark this topic Add farrider11 to your friends list Get a Link to this Message Number of Subscribers
Was looking around and spied this, at MS65 its $4500 PCGS book.

I dont think it would make 65 but for the price, it could go as low as a 63

Thoughts?

Looking-To-Maybe-Buy-And-Grade,-1891-O-Morgan
Looking-To-Maybe-Buy-And-Grade,-1891-O-Morgan
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John1's Avatar
United States
56855 Posts
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westernsky's Avatar
United States
7625 Posts
 Posted 04/07/2019  3:09 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Banged up pretty good. The scratches on both sides really hurt it. 62 at best.
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cboyera's Avatar
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 Posted 04/07/2019  3:21 pm  Show Profile   Bookmark this reply Add cboyera to your friends list Get a Link to this Reply
62 at best, unc details perhaps...
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numismatic student's Avatar
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 Posted 04/07/2019  4:06 pm  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
64 nice luster
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John1's Avatar
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 Posted 04/07/2019  4:38 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
$270 in MS62. That's a big difference in price.
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farrider11's Avatar
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 Posted 04/07/2019  7:40 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
I'm going to get it in hand, take chance on shipping. He has free returns. I'll put some more pictures up when I get it. Could be a bargain.
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Zurie's Avatar
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 Posted 04/07/2019  7:48 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
Very nice luster, but the scratches on the fields near the wings are concerning. If that's graffiti, it would kill the value.
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farrider11's Avatar
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 Posted 04/07/2019  8:01 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
"If that's graffiti, it would kill the value." I'm still learning, graffiti as in the traditional sense? Someone sat down and just decided to decorate it?
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sel_69l's Avatar
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 Posted 04/07/2019  8:02 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
cboyera has the right strategy.

I think it is a 63, but
if it is to be a safe buy, common sense says that it should be bought for a 62 price.

So what if you don't get it?
There are tons of other nice Morgans out there.
Don't let your heart rule your head. In the meantime, you have saved your money if you don't buy this one.
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Zurie's Avatar
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 Posted 04/07/2019  8:22 pm  Show Profile   Check Zurie's eBay Listings Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
I would consider any intentional scratching or defacing a coin to be graffiti. There's probably some overlap between graffiti and plain scratches. The bunching of the scratches in those two areas is suspicious.
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farrider11's Avatar
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 Posted 04/07/2019  8:34 pm  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
Got if between 60 and 61 price, but can return if in hand it looks worse/better.
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CoinCollector2012's Avatar
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 Posted 04/07/2019  10:18 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
With that scratch on the cheek, there's no way it would make 65.

MS-62
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John1's Avatar
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 Posted 04/08/2019  05:16 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
So they were asking $4500 and sold it to you for less than $300? Wow.
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farrider11's Avatar
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 Posted 04/08/2019  07:18 am  Show Profile   Bookmark this reply Add farrider11 to your friends list Get a Link to this Reply
No, I was just making an example, like a for instance, at $4500 MS 65 that's what it would be worth, but at a cheap price, it would be worth taking a chance.

As banged up as it is, MS 65 is a pipe dream lol

When buying raw stuff, I use MS 65 as a base line, down the middle so to speak.
Edited by farrider11
04/08/2019 07:33 am
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kanga's Avatar
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 Posted 04/08/2019  08:28 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Looks like a DETAILS coin to me.
The obverse is bad enough but the scratching at both side of the eagle on the reverse is a killer.
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