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Is A 1882 CC Morgan A Good Buy?

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GR58's Avatar
United States
11951 Posts
 Posted 12/10/2009  12:49 pm Show Profile   Bookmark this topic Add GR58 to your friends list Get a Link to this Message Number of Subscribers
I just came from the coin shop, while I was the a guy came in a sold a 1882 CC to the owner. I was looking at it after and the owner offered it to me for $110. To me it looks AU+ just a slight touch of wear on the obverse hair tips (might not even call it wear) maybe bag rubbing. There is a trace of a finger print on the face.
The reverse has no wear I can see, at least on fist look. Sometime when I look at a coin the second time I see more. But overall a nice looking coin, was thinking would be a good upgrade for my type set.

Does anyone have a good opinion on what the price of this coin should be?
Forgot to add if $110 is a good price then I will run back down and get it.
Edited by GR58
12/10/2009 12:51 pm
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johnny54321's Avatar
United States
4849 Posts
 Posted 12/10/2009  1:21 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Pictures would help, but it seems fairly reasonable to me for a problem free AU/BU.
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GR58's Avatar
United States
11951 Posts
 Posted 12/10/2009  1:24 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I will have to go buy it ... and take some pics ...
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echizento's Avatar
United States
23731 Posts
 Posted 12/10/2009  2:13 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
A problem free 1882-CC in AU condition is well worth $110.
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Saruma's Avatar
United States
968 Posts
 Posted 12/10/2009  2:17 pm  Show Profile   Bookmark this reply Add Saruma to your friends list Get a Link to this Reply
Assuming you are correctly grading the coin it sounds like a good deal. Sometimes it helps to be in the right place at the right time. The owner may figure that selling it to you at a discount is worth it because it moves it out of his inventory almost immediately rather than sitting around in his shop for who knows how long.

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vermontensium's Avatar
United States
16679 Posts
 Posted 12/10/2009  4:56 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Pictures would be great as there are four levels of AU. Considering it's a problem free coin, $110 sounds fine. All CC Morgans are great investments ;-)
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BH1964's Avatar
United States
10982 Posts
 Posted 12/10/2009  5:13 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Greysheet "Bid" for 1882-CC in AU is $120, so $110 is a good price if it's problem free.
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Moe145's Avatar
United States
8904 Posts
 Posted 12/10/2009  5:15 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
The 2010 Red Book lists the 1882 CC Morgan AU-50 at $160. (MS-60 is $225.)

Check the coin over any for any hidden dings or gouges, and if it still looks AU, buy it!

Good Luck!

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trdhrdr007's Avatar
United States
2335 Posts
 Posted 12/10/2009  5:23 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I don't think I would buy it even though it appears to be a decent deal. The fingerprint would bother me, & if it's been there a while it's not coming off.
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GR58's Avatar
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11951 Posts
 Posted 12/10/2009  5:37 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
I went and bought it. I have a lot of trouble with the pics.
If I can catch a good time of day with good light coming in the window they come out better. The ones here used the flash of the camera.

Is-A-1882-CC-Morgan-A-Good-Buy?

Is-A-1882-CC-Morgan-A-Good-Buy?

Is-A-1882-CC-Morgan-A-Good-Buy?

Is-A-1882-CC-Morgan-A-Good-Buy?

Is-A-1882-CC-Morgan-A-Good-Buy?
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jasper62's Avatar
United States
2189 Posts
 Posted 12/10/2009  6:31 pm  Show Profile   Bookmark this reply Add jasper62 to your friends list Get a Link to this Reply
I'm not a Morgan collector but I'm guessing AU55-AU58.Seems to have a good many bag marks but still good eye appeal
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BH1964's Avatar
United States
10982 Posts
 Posted 12/10/2009  9:49 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Looks like a great buy for $110! Could go MS but is AU55 at a minimum.
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echizento's Avatar
United States
23731 Posts
 Posted 12/10/2009  10:01 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
Nice looking coin, lots of luster I'll going to say AU-58. Nice buy for $110.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 12/11/2009  09:31 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
A nice looking AU coin. I'd say you got a pretty good deal for $110 there. I'd probably have saved my money for a key date. The 1885 CC, while a lot more expensive I think will probably have more upside to it.
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