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1889 O Morgan Dollar Post Mint Damage?

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Pillar of the Community

Italy
1130 Posts
 Posted 11/10/2023  4:45 pm Show Profile   Bookmark this topic Add Roma2021 to your friends list Get a Link to this Message Number of Subscribers
I've been having a lot of difficulty with the photo resizer ... So trying an external one to see how it goes...

Bought this along with a 90 p and 35 S Peace dollar...

Curious and hopeful the resizer worked!


1889-O-Morgan-Dollar-Post-Mint-Damage?
1889-O-Morgan-Dollar-Post-Mint-Damage?
1889-O-Morgan-Dollar-Post-Mint-Damage?
Pillar of the Community
United States
2854 Posts
 Posted 11/10/2023  4:48 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
PMD & cleaned, IMO.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/10/2023  4:49 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Agree, most likely PMD.
Pillar of the Community
United States
2282 Posts
 Posted 11/10/2023  5:24 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
Ouch, hard pass
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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Errers and Varietys's Avatar
United States
74481 Posts
 Posted 11/10/2023  11:14 pm  Show Profile   Bookmark this reply Add Errers and Varietys to your friends list Get a Link to this Reply
Agreed, PMD and has possibly been cleaned.
Errers and Varietys.
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panzaldi's Avatar
United States
18681 Posts
 Posted 11/11/2023  10:37 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply


common coin only worth silver
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IndianGoldEagle's Avatar
United States
36800 Posts
 Posted 11/11/2023  10:55 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
VF details.
Pillar of the Community
Italy
1130 Posts
 Posted 11/11/2023  6:12 pm  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
Thank you all.

I'm curious on pricing of these...when I see u.s. coin shop videos on YouTube in cleaned and culled Morgan's are priced from $25-30 and peace from $22-28.

My averages on Morgan's is well within that range.

That takes into account the 84 Cc And three or four other better date coins.

I don't really get why this could at about $23.50 would be a 'hard pass'.

I'm genuinely (non confrontationally) asking...
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Coinfrog's Avatar
United States
94367 Posts
 Posted 11/11/2023  6:31 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
You can price this or any coin at anything you like. We're talking about what you're likely to sell it for at a typical dealer - just bullion. Take our word for it.

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kbbpll's Avatar
United States
4233 Posts
 Posted 11/11/2023  6:50 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
$23.50 seems like an OK price. My LCS bin of these was $29.95/ea I think but I haven't been in there in several months.
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United States
2282 Posts
 Posted 11/11/2023  6:58 pm  Show Profile   Bookmark this reply Add NumismaticsFTW to your friends list Get a Link to this Reply
Because like Frog said, this is a bullion coin.

You did well with that 84-CC, but that was pure luck.

You're going downhill and will be in the red soon enough with your "I have to buy everything" mindset.
You realize when you know how to think, it empowers you far beyond those who know only what to think.

-Neil deGrasse Tyson
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ericgreen's Avatar
United States
1515 Posts
 Posted 11/11/2023  7:12 pm  Show Profile   Bookmark this reply Add ericgreen to your friends list Get a Link to this Reply
If you are collecting for just bullion value, then you are doing great. Collect what makes you happy!
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Wideglide's Avatar
United States
646 Posts
 Posted 11/11/2023  8:07 pm  Show Profile   Bookmark this reply Add Wideglide to your friends list Get a Link to this Reply
It's the PMD/Grafitti that kills it...
Pillar of the Community
Italy
1130 Posts
 Posted 11/12/2023  06:23 am  Show Profile   Bookmark this reply Add Roma2021 to your friends list Get a Link to this Reply
Thanks everyone.

I don't 'have to buy everything', but when I find Morgans and Peace dollars at prices I have seen priced below retail prices in the U.S. I buy them. I fill tubes with no intention of selling any time soon. By not paying over 30 euro for Morgan or a Peace (or an ASE) I have found some coins that I think are worth much more than I paid (and about 15-20) probably worth less. 1986 ASEs for 30 or less; an 1800 cent (posted elsewhere) for less than 30 euro and a few key dates for less than 30 euro. I feel the cost-averaging on these has worked in my favor; worst case, when I sell, I take a loss on a cleaned cull and make a significant profit on another. These common date damaged coins seem to elicit a lot of 'hard passes' from forum members.
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NumisRob's Avatar
United Kingdom
17956 Posts
 Posted 11/12/2023  08:41 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
That's quite a good price and I'd probably have bought it if I'd seen it for $23.50. My local coin shop has a few similar Morgans for £30 each. Morgans tend to be expensive in the UK because of the Wild West / 'Cowboys & Indians' connotations which encourage dealers to overcharge for them, although there's always the chance that you might find a CC or an 1893-S among a load of culls.
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panzaldi's Avatar
United States
18681 Posts
 Posted 11/12/2023  12:42 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
folks you need to keep in mind that Roma2021 is in Italy and doesn't have access to nearly anything close to what is available in the US
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