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Thread: 1885-O Morgan
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Old 07-04-2009, 11:03 AM   #13 (permalink)
Vess1
ANA# R3152287
 
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Join Date: Apr 2008
Location: Illinois
Posts: 1,702
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Quote:
Originally Posted by Mark Feld View Post
Why would you submit a coin like that for grading? Even if it were to come back 64 (which I don't think this one will) the difference in value between a PCGS64 and what you could get for it as is, doesn't make up for the grading and postage fees.

On top of that, it's been a while since I've seen the pop reports at NGC but in 63,64 grades these usually number in the 10's of thousands. There's no shortage of slabbed ones to choose from and eliminate the hassle.

One problem I see in trying to find a 'perfect', loose, Morgan on ebay is that the Chinese counterfeits normally have a very clean cheek and fields. There's so many now, and they're so good that I don't believe anybody could tell the difference looking at a picture on the computer. Especially if they toned it or use bad lighting.

So if you got a really cheap deal on a raw Morgan that was extremely clean and would go 65, what did you really buy? No way of knowing anymore.
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