What Are The Thoughts On Buying Morgans On Ebay?

Welcome to the forum! Trust me, fake morgans are out there. There are plenty of places on the net to study fake Morgans. If buying off of ebay try to buy from people with lots of feedbacks and all positive feedbacks (however, this is not fool-proof ). Judge the grade of the coin for yourself since you will be the one looking at it. If buying rare dates, always buy coins certified by third party graders such as NGC or PCGS. Don't buy coins in slabs from companies such as SGS or other 'garage' graders. These companies notoriously overgrade. And above all, do not buy anything coming from China! Do your research and you can make some good buys off of ebay.

If you are going to buy coins, it is always a good idea to learn and study the coins that interest you or pay top dollar for somebody else's knowledge...even slabs are faked nowaday.

You for sellers that only deal in coins and have a high feedback rating, also for the sellers that offer a full money back guarantee if the coin is not as described.

I disagree with ozland on the advice to only buy PCGS coins. Why not NGC or ANACS? As long as a bit of research ia done on how to spot the different forms of cleaning and how to authenticate at least to a small extent, you'll most likely be fine. Also if you're planning on buying only common dates then the majority of the time you can automatically assume the coin to be genuine.

Lots of good advice already posted. The only thing I would add I'd that counterfeits are much, much less likely for low-mid level coins. And by that I mean $300 or less. But definately be weiry of keys and semi-keys.

But as someone else pointed out, "problem" coins run rampent on ebay, and sometimes they're tough to spot in photographs.

Some will disagree with me on this, but I say only by certified coins if they're mid-high range. And I think every would agree to only buy from those with a no-questions return policy.

The only thing I would add to a lot of the good advice already given is know what the market is($) for the coin you want, set a price in your mind that you would pay for that coin bid that price and don't go a penny higher EVER you would be surprised what you can find at your local coin shop/show for the price you want to pay.IMO.

I agree, that's true. Learning how to buy raw wih confidence is a good skill IMO because with raw coins there is an increased chance of profit if you know what you're doing because slabbed coins have more of a set value and are a bit harder to get a really good deal on. Personally, the best deals and profits I have gotten were with raw coins.

Ok... so I like the idea of "knowing the market" for the coins you are interested in collecting, and I guess that's where I'm trying to find a comfort level. I noticed that the dealers I've looked at in a shop have prices that seem much higher than what things sell for on ebay. I think that, for raw coins, the disparity might be in my incorrect grading of a coin I see listed on ebay. Should I subscribe to PCGS to be in the neighborhood of pricing? I've been cross checking with the Red Book, https://www.valueincoins.com and https://www.coinstudy.com. In several dealer shops I'm seeing CC dollars sell for much higher prices than the coin value sites I listed above say they should. I would like to buy a coin from my local dealer, but not if I can get it 25% cheaper online. I'm leaning toward bidding from dealers with lots of positive feedback and a return policy. The worst case is probably an incorrect grade, but not an outright fake coin.