Morgan Dollar Cost? - Coin Community Forum

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Author	Replies: 2 / Views: 1,459
warsumm Valued Member United States 121 Posts	Posted 03/17/2011 11:34 pm * Moved by Staff to a more appropriate forum. * http://cgi.ebay.com/ws/eBayISAPI.dl..._3727wt_1139 I am just a bit confused as to why this coin sold for so high without being "officially" graded. I am guessing the veterans can tell what grade it is in from the photos and bid accordingly? It just seems for this price that it should be slabbed/ graded/ etc.(my apologies. I am a newb and just getting acquainted with grading/pricing etc.? thanks for any info! Sean Report this Post to the Staff

fenton Pillar of the Community United States 4989 Posts	Posted 03/17/2011 11:56 pm One thing to note is that Great Southern Coins has a reputation for coins that look better in photos than they appear in hand. They have some of the best photo wizards in the business. I believe the typical Great Southern transaction is at a high mark-up to the true market value of the coins. The reality, unfortunately, is that there are lots of collectors who are "dazzled" by the pictures, pay too much, and then are reluctant to admit their mistake and do a return when they get the coin in hand. Report this Post to the Staff
Coinstar Pillar of the Community United States 1510 Posts	Posted 03/18/2011 12:24 am the coin goes for $95-$350 between ms60-63 (2011 red book-- 1904 straight) -- that may be their "opinion" but as stated above it isn't professionally graded. Also with silver price-- the Morgan is one of the most popular coins in the world now. Retired USAF 1983-2003 Edited by Coinstar 03/18/2011 12:25 am Report this Post to the Staff
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