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Couldn't Figure It Out

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Sidekick-CA's Avatar
United States
509 Posts
 Posted 01/03/2011  7:22 pm Show Profile   Bookmark this topic Add Sidekick-CA to your friends list Get a Link to this Message Number of Subscribers
Why was a 1882-O Morgan slabbed MS65 up for auction for $75 with no bidders. NGC and Numismedia list it at $1250, PCGS at $900 and Grey Sheet has it at $1050. Last 2 closings on Heritage were at $1150 and $1035. Checked and re-checked. OK, this is the steal of the century. So.....I bid on it and won at $75 as the only bidder. THEN, I figured it out. The TPG was SGS. Famous for over-grading or so I've read. Now I'm wondering what grade I actually do have. Photos are from the internet as I don't have it in hand yet.

Couldn't-Figure-It-Out

Couldn't-Figure-It-Out
Valued Member
cazzuey's Avatar
Canada
367 Posts
 Posted 01/03/2011  7:24 pm  Show Profile   Bookmark this reply Add cazzuey to your friends list Get a Link to this Reply
better pictures would be nice
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Bryan1315's Avatar
United States
14454 Posts
 Posted 01/03/2011  7:46 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
yeah would need bigger pictures to go by. Chances are if it was graded by SGS it may be anywhere from AU-50-MS-63. From the pictures it does look to be Uncirculated but just don't know where it falls at grade wise without better pictures. I can't even see the date in those pictures and if I hadn't read the description I would have thought it was 1891 because the last digit looks nothing like a 2 to me in those pictures
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Maineman750's Avatar
United States
3592 Posts
 Posted 01/03/2011  7:59 pm  Show Profile   Bookmark this reply Add Maineman750 to your friends list Get a Link to this Reply
That sure looks like 1881 to me
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KenKat's Avatar
United States
4085 Posts
 Posted 01/03/2011  8:01 pm  Show Profile   Bookmark this reply Add KenKat to your friends list Get a Link to this Reply
There's a huge drop-off in value as the grade goes down - MS-63 is $52; MS-64 is $104 (Numismedia).

The picture looks like an 1881 to me as well.
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fenton's Avatar
United States
4989 Posts
 Posted 01/03/2011  9:53 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Pictures are not good looks like an 1901O MS63'ish
Edited by fenton
01/03/2011 10:36 pm
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DavidZerbato's Avatar
United States
1081 Posts
 Posted 01/03/2011  9:54 pm  Show Profile   Bookmark this reply Add DavidZerbato to your friends list Get a Link to this Reply
It's still a nice coin, but I would doubt the grade until I get it in hand. Also, it does look like an 1881 to me too.
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 01/03/2011  10:07 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
hmmm....to me it looks like a 1901-o.
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Deltron's Avatar
United States
508 Posts
 Posted 01/03/2011  10:16 pm  Show Profile   Bookmark this reply Add Deltron to your friends list Get a Link to this Reply
That last digit is a 1 for sure. I am unable to make out the second and third numbers.
Rest in Peace
coinguybrian's Avatar
United States
5375 Posts
 Posted 01/03/2011  10:18 pm  Show Profile   Bookmark this reply Add coinguybrian to your friends list Get a Link to this Reply
Its 1901-O
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carmykle's Avatar
United States
2448 Posts
 Posted 01/03/2011  11:11 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
I hope the ad was for an 1882 O. Although, if it is MS65, the difference in retail price of an 1881 O is only $250 less than the 1882 0.

Also, an MS 63 is running for around $75.
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xshift's Avatar
United States
2669 Posts
 Posted 01/03/2011  11:34 pm  Show Profile   Bookmark this reply Add xshift to your friends list Get a Link to this Reply
I scrolled down and am so glad I'm not the only one who sees it as a 1901..

Couldn't-Figure-It-Out

Let us know which one you actually receive..
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Sidekick-CA's Avatar
United States
509 Posts
 Posted 01/04/2011  08:20 am  Show Profile   Bookmark this reply Add Sidekick-CA to your friends list Get a Link to this Reply
Here's a litte better shot. Definitely an 82 but afraid pic is still not good enough for any definitive grading. I'll have to wait til I get it in hand.

Couldn't-Figure-It-Out
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Sidekick-CA's Avatar
United States
509 Posts
 Posted 01/04/2011  08:24 am  Show Profile   Bookmark this reply Add Sidekick-CA to your friends list Get a Link to this Reply
Couldn't-Figure-It-Out
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fenton's Avatar
United States
4989 Posts
 Posted 01/04/2011  08:37 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
The second picture is not the same coin (!)

Looks AU and a bit beat up with possible scratches on the lady's cheek.
Edited by fenton
01/04/2011 08:38 am
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upstate's Avatar
United States
3283 Posts
 Posted 01/04/2011  2:42 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
wow, is this a test, cause that's a different coin and I'm no genius.
I would like to see better pics because I'm seeing what fenton is seeing on the obverse.
A better look at the breast feathers would be helpful also.

Fenton, if you read this could you tell me how to edit these post?
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