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 Replies: 20 / Views: 2,394 |
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Pillar of the Community
United States
509 Posts |
Grades/Opinions? This was sitting in a stack of Morgans underneath the counter. All of them except for this one and an 1896 I also picked up were 1921's. $40 for the pair PLUS that good old 8.75% CA sales tax. The 1896 appears to be somewhere in the G range. I put this one at XF45? At first I thought it might have been cleaned but under the loupe they don't appear to be cleaning marks. In hand it still has some luster though not strong.   |
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Pillar of the Community
United States
3076 Posts |
its pretty scratched up, I'm thinking XF40....at that cost you can't loose...
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Moderator
 United States
23731 Posts |
Detail wise it looks EF-40, but with those scratches I'm going to say VF-35.
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Rest in Peace
United States
5375 Posts |
XF-45 details, looks to have a little remaining luster.
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Pillar of the Community
United States
4989 Posts |
I will say XF detail, lightly cleaned. VF35 is a reasonable net grade for valuation.
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Pillar of the Community
United States
1424 Posts |
they had Morgans for $20 each and you only bought two? They melt for $25 right now.
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Pillar of the Community
United States
2661 Posts |
I ain't much on grading, but for $40 I think you did good.
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Pillar of the Community
 United States
509 Posts |
Thanks guys for the grading. Guess I wasn't toooo far off in my estimation. Guess I coulda picked up more at that price but I only got these two as they're years I didn't have yet. Anything else would just be for re-sale down the road sometime. They did have an 1882 CC sitting off by itself in a mylar for $149. Probably close to AU but at first glance looked like it had probably been cleaned. They also had a junk box full of coppers all for $1 each. Looked to be 100-150 coins in there. Wish I knew something about coppers.
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Pillar of the Community
United States
509 Posts |
Here's the 2nd pawn shop coin. After looking at it more, I'd put it at AG-03 ? Looks like it might have been another victim of granma's lye soap. Lotsa "character" though. Poor little thing is down to 25 grams. Lightened up the reverse a bit for detail.   |
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Rest in Peace
United States
9104 Posts |
run, do not walk, back there and get the rest with decent rims. flip them for dealer buy price of $25 and use the profits to buy some aus.
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Pillar of the Community
United States
1424 Posts |
is the Morgan the only coin that can have THAT much wear and still have full LIBERTY showing?
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Rest in Peace
United States
9104 Posts |
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Pillar of the Community
United States
2541 Posts |
man that second one has seen some use and abuse!
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Moderator
United States
16679 Posts |
Quote:
PLUS that good old 8.75% CA sales tax Always nice, isn't it. I was just at a Chinese restaurant in a city near me in So. Cal, 10.75% sales tax. Can't wait to get outa here  swcoin.ecrater.com
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Valued Member
United States
134 Posts |
Nice pickups under melt value too! Curious do you have pay tax on coins all time? Here in Iowa no sales tax on coins. Unless some places do some don't I guess but pretty sure I haven't anywhere yet even antique shop in town.
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Pillar of the Community
United States
509 Posts |
Re taxes....if I buy a coin anywhere in CA it will be taxed unless it's a private transaction of course. One bought off the internet will also be taxed at CA rates if the seller has a physical presence in CA, i.e. Heritage Auctions. They're located out of state but they've also got a presence in CA. Any ebay seller in CA is legally obligated to charge me as a CA resident sales tax. The same seller selling to almost any other state will not charge any tax. Don't think things are going to improve for a long time. |
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Replies: 20 / Views: 2,394 |
Posted 02/26/2011 9:27 pm
