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1884 Carson City Morgan Value?

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CoinHog's Avatar
United States
47 Posts
 Posted 07/06/2006  8:20 pm Show Profile   Bookmark this topic Add CoinHog to your friends list Get a Link to this Message Number of Subscribers
Hey members, I want to sell some of my Ngc ms 63 and Ngc 64 Morgan carson city dollars still in original GSA holders. What is a good value to sell on ebay? Coin Hog
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/06/2006  8:27 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
On ebay, you'll see anything between $175-300 for them. For the record, all I did was look up ended auctions on ebay to answer your question. Nobody here is going to "know" any better than ebay's records how much something sells for on ebay.
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laxmaster92's Avatar
United States
1154 Posts
 Posted 07/06/2006  8:58 pm  Show Profile   Bookmark this reply Add laxmaster92 to your friends list Get a Link to this Reply
MS63 in red book= 260$
MS64 in red book= 300$
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Bryan1315's Avatar
United States
14454 Posts
 Posted 07/06/2006  10:18 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
it being a GSA is the only thing going for it, the 82,83,84 is the cheapest CC morgans in the series, but like I said it being a GSA issued morgan will help the price a little and since its been graded by NGC is also a plus because they leave them in the GSA holder when they grade the coins. The greysheet says a 1884-CC in MS-63 Bid=174.00 Ask=188.00 and MS-64 Bid=193.00 Ask=205.00
Edited by Bryan1315
07/06/2006 10:21 pm
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Morgan Fred's Avatar
United States
2684 Posts
 Posted 07/06/2006  11:43 pm  Show Profile   Bookmark this reply Add Morgan Fred to your friends list Get a Link to this Reply
The 1884CC is, like Bryan said, among the most common of the Carson City Morgans. In fact, Ellesmere has them only slightly above the 1883CC in demand and rank; the 83CCs are the lowest on the CC list. While there may be some exceptions based on an individual coin's attractiveness, don't expect to get much over $200 for the MS-64 and maybe $175 for the MS-63 on the open market (e.g., ebay).

From a LONG term investment viewpoint, it is expected that the GSA CC Morgans will creep up in value slightly faster than an identical Morgan in a regular (non-NGC) slab since NGC is the only TPG certifying them in the original GSA holders and, as a result, many are being cracked out of the GSA holders for certification by ANACS and PCGS. As the years go by (a LOT of years), the numbers of CCs in GSA holders will decrease in numbers thus increasing them in value. Over the past couple years, 84CCs in lower MS grades are just not inflating in value (MS-65s are just a little, but not keeping ahead of inflation; higher MS's are doing only a little better).

Fred

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