(2) 1883 - CC Morgans MS 61 - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 6 / Views: 1,636
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 09/03/2022 05:37 am Hello, I don't come across many of these in Rome... They are priced at $275 each, sold in a paid for $549.... Any thoughts, opinions, etc. Would be appreciated.... Mostly I want to think out loud and let this stew for a little while.... Report this Post to the Staff

NumismaticsFTW Pillar of the Community United States 2280 Posts	Posted 09/03/2022 06:50 am If this was a few years ago, I would say you overpaid. But with the recent skyrocketing price of these, you did good. You realize when you know how to think, it empowers you far beyond those who know only what to think. -Neil deGrasse Tyson Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 09/03/2022 06:52 am I haven't bought them yet.... But I'm reluctant. I think common-ish ccs are in a bubble. Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 09/03/2022 06:53 am Plus, I feel there's a lot of pent up supply of these that's set to release when collectors cash out or downsize... Not sure.... Report this Post to the Staff
sel_69l Bedrock of the Community Australia 21786 Posts	Posted 09/03/2022 08:10 am The 62 is over graded, the 61 looks to be about right. Both have good luster. I toured Italy for about 3 months in 2018, and made a point of seeking seeking out any coins for sale in shop windows. I formed the opinion at the time that almost all of the coins I saw were overpriced, especially above average American coins. Perhaps the dealers perceived I was a tourist and not a serious collector, and so could get away with a higher price. Actually, about 10 years earlier in Vegas and saw a few Roman coin for sale including some gold aureii. I shouldn't have opened my mouth. As soon as my Aussie accent was heard, the price went up quite a bit, dealers probably thinking I perhaps knew only a little about Roman coins. The dealers failed to make a sale. Perhaps I may have been better off if, I was looking for American coins Moral: perhaps it is better to know and work within the market you know, better for both the dealer and the collector. I don't collect CC Morgans and so I had better not offer a price opinion in this case, and leave that to other CCF'ers. Pity, I missed my chance when about 30 years ago, a whole cache of them were released into the market. Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 09/03/2022 09:11 am @sel... Coin shops here are heinously overpriced... Think €60 for a common date Morgan. I have only bought a few coins at coin shops. Nearly everything I find I find in used market (mercatino dell'usato) where sellers consign their stuff to the shop and split sales 50/50. Prices drop 20+50% after two months. Every post I've made on this site is from a coin I bought in this manner. I'd warn anyone and everyone to stay away from coin shops in Rome. Nearly everything can be found cheaper online. However, what tourists don't fully understand or embrace when visiting here is thay nearly everything is negotiable and cash is a major lubricant to those negotiations. Edited by Roma2021 09/03/2022 09:14 am Report this Post to the Staff
Roma2021 Pillar of the Community Italy 1130 Posts	Posted 09/03/2022 11:23 am ** I will add to my comments above... There are two or three shops in Rome that are knowledgeable and have a wonderful selection of ancients. The prices are reasonable and there's some added value to the variety available in stock. And... I have been to one very good bullion coin shop...up north in Turin. A few private dealers too. Report this Post to the Staff
	Replies: 6 / Views: 1,636

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Peace and Morgan Dollar VAM

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

View Last 100 New Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.3 seconds to rattle this change.