Im talking with a gentleman right now and I would really like to take it off his hands but he's not budging off $500. Too rich for my blood, have to pass.
Sorry, wrote 1886 at first, on my phone andguy mistyped but it is an 1883
Yeah, $500's a great price....for him. For you, it's more than twice what you'd have to pay just about anywhere else. My favorite price datapoint, Heritage Auctions, has offered 129 of these (1883-CC's in MS64 slabs) in 2011 alone, and the going rate is just above $200 unless a bidding frenzy happens. Even then, the frenzy stops at $250.
I always check Teletrade for Morgan prices; they do a high volume of them and even though you can't see them in person, you certainly get a good idea of what a good "street price" is for them.
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