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 Replies: 9 / Views: 1,509 |
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Valued Member
United States
100 Posts |
I was looking for junk silver at melt and ran across this. I don't usually buy slabbed coins, I got this one under melt shipped after rebates and ebay bucks. The slab looks funny to me, I thought the coins were given a numerical grade as well. What do you'll think? Is it legit? http://cgi.ebay.com/ws/eBayISAPI.dl..._1809wt_1139 |
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Bedrock of the Community
United States
10982 Posts |
NGC certified Morgan in AU condition for melt price? You did well!
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Pillar of the Community
United States
642 Posts |
It might be a different generation slab....but an AU grade will usually be AU-## not all spelled out on a NGC. Having it off-center is kinda bothering me, but I'm not sure why you'd go through the trouble to fake a common date.
Anyone know NGC better to say if this is genuine?
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Pillar of the Community
United States
870 Posts |
Uhmm... yeah. I'm not sure about that slab. The coin was pretty clearly cleaned or it may just be... something else. Let us know when you have it in hand and take a couple of other pictures! =)
*fingers crossed*
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Moderator
 United States
23522 Posts |
NGC did that "Almost Uncirculated" thing ad nauseam for the shop-at-home networks. I see no reason to doubt the slab - they did bazillions of them by way of selling themselves out for business. The grade should be reliable - expect AU50 rather than AU58 - but you could have thrown $35 at a whole bunch of much less rewarding possibilities.
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Moderator
United States
16679 Posts |
$35, Free s/h, 99.9% Positive feedback, 7-day return privilege....you did very well!
swcoin.ecrater.com
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Bedrock of the Community
United States
14454 Posts |
I agree with SuperDave, these were bulk submissions and they would grade the AU coins just AU and anything under MS-65 a Uncirculated or Brilliant Uncirculated for a cheaper price than they would charge to actually grade the coins for people like the shop at home networks. All that aside its a reputable TPG so you know its at l;east AU-50 and you got it for just silver content so you did well on the purchase. |
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Valued Member
United States
314 Posts |
I've seen far worse Morgan and Peace dollars go for more than that. |
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Pillar of the Community
United States
511 Posts |
You did quite well in today's market.
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Valued Member
 United States
100 Posts |
Thanks for the answers. The spelled out "almost uncirculated" had me a little puzzled, but the bulk submission explanation makes a lot of sense
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Replies: 9 / Views: 1,509 |
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Posted 04/21/2011 01:31 am
