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Impulse Buy. Morgan

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Rsxtacee's Avatar
United States
737 Posts
 Posted 03/18/2011  12:37 am Show Profile   Bookmark this topic Add Rsxtacee to your friends list Get a Link to this Message Number of Subscribers
Well..I was up late a few nights ago and browsing ebay lots that were ending pretty soon. Saw this up, bid, and expected to be outbid at the last few seconds. I wasn't and immediately thought...crap lol. . I got it for 26+3 for shipping and it finally came in today. If anything maybe I'll use it as a pocket piece as I really wanted a better specimen for my first Morgan. Still happy to have one finally and if it's a lesson learned, at least it wasn't a very expensive one.

I'm guessing its VG/F ? Using the RedBook as a grading outline. I'm probably way off.

No more drunk ebay'ing.

Impulse-Buy.-Morgan
Impulse-Buy.-Morgan

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fenton's Avatar
United States
4989 Posts
 Posted 03/18/2011  12:53 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
I would say G-6 details for this coin with Silver so high anything in the mid-$20's is fine for a purchase price.
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Rsxtacee's Avatar
United States
737 Posts
 Posted 03/18/2011  03:56 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
I figured I wasn't losing much with the price of silver.
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echizento's Avatar
United States
23731 Posts
 Posted 03/18/2011  12:33 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
I would grade it at G-4.
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ExoGuy's Avatar
United States
4421 Posts
 Posted 03/18/2011  12:45 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
I concur with fenton's G-6 grade. Pricewise, you did fine in today's market. I sold a few, G-VG silver dollars at a show a few weeks ago. Dealers there were paying $25, apiece.
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Coinstar's Avatar
United States
1510 Posts
 Posted 03/18/2011  1:15 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
my kinda Morgan-- beat up!

Retired USAF 1983-2003
Edited by Coinstar
03/18/2011 1:16 pm
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 03/18/2011  4:29 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
probably was on a poker table back in the days!~
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Rsxtacee's Avatar
United States
737 Posts
 Posted 03/18/2011  6:43 pm  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
That's what I love about old, worn, and circulated coins. The stories they would tell...
Hmmmm...Good idea w1a9cik5! I think I just found my new card protector.
Valued Member
United States
134 Posts
 Posted 03/18/2011  9:08 pm  Show Profile   Bookmark this reply Add iowaguy to your friends list Get a Link to this Reply
Congrats on first one I haven't got any yet for morgans or peace. Sweet coin!
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mysilveryears's Avatar
United States
1890 Posts
 Posted 03/18/2011  10:37 pm  Show Profile   Bookmark this reply Add mysilveryears to your friends list Get a Link to this Reply
I have some extras but not enough posts to start offering them to you guys'n' gals
I still have the ultra-worn 1879 I got from a bank when I was 12 or so.
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Coinstar's Avatar
United States
1510 Posts
 Posted 03/19/2011  12:11 am  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
silver that sounds good to me-- you can email if you want
Retired USAF 1983-2003
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Rsxtacee's Avatar
United States
737 Posts
 Posted 03/19/2011  02:10 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
Shoot me an email.
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Cali_Nick's Avatar
United States
307 Posts
 Posted 03/19/2011  04:55 am  Show Profile   Bookmark this reply Add Cali_Nick to your friends list Get a Link to this Reply
Looks nice to me. At least you can appreciate/feel the history. Youre next one can be in a slab, graded and locked away :)
Edited by Cali_Nick
03/19/2011 04:56 am
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Rsxtacee's Avatar
United States
737 Posts
 Posted 03/19/2011  05:30 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
Thanks, I can't wait to buy the next one. Trying to figure out which road I should take.
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United States
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 Posted 03/19/2011  11:50 pm  Show Profile   Bookmark this reply Add USExpress1Coins to your friends list Get a Link to this Reply
I personally have just been starting in the coin business/market. I have been starting out with Morgan and Peace dollars, I just like you was very nervous on my first purchase of a Morgan dollar, and it came out that I lost money on the deal, but hey, everything is a learning experience. You win some, you lose some. With this one, you at least bought it at a decent price, I would say hold on to it for a little bit and wait for silver to go up and then sell it to get melted down.
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Rsxtacee's Avatar
United States
737 Posts
 Posted 03/20/2011  04:14 am  Show Profile   Bookmark this reply Add Rsxtacee to your friends list Get a Link to this Reply
I don't think I could ever sell it to be melted. I'd rather sell or give it to someone who would appreciate it. I'd hate to see a piece of history destroyed.
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