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CoinTalk > Coin Forums > What's it Worth 1881-S Morgan Dollar

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LinkBack Thread Tools Rate Thread Display Modes 02-01-2007, 09:58 AM   #1 (permalink) nb80303 Junior Member   Join Date: Jan 2007 Posts: 10 1881-S Morgan Dollar Hi All, A snow day here. My boss at work wants to sell this to me for $40...he and I both collect coins (I started recently). I'm a bit new to grading, and I wanted to get a good idea on the grade before I just shell out $40. What grade would you guys give it? Obverse: http://img249.imageshack.us/my.php?image=obversesc9.jpg Reverse: http://img172.imageshack.us/my.php?image=reverseuy8.jpg Thanks in advance, Nick   02-01-2007, 10:22 AM   #2 (permalink) Bonedigger Numismatist     Join Date: Oct 2005 Location: South Dakota Posts: 7,885 Looks like it has been in a saddle-bag at some point in the past. I'd say it's in the AU-55 range. Take Care Ben __________________ A few things to remember, Certification and Attribution are Absolute and Definitive. Grading, on the other hand IS NOT. STRIKE is everything, be it strong or weak. Capped Bust Half Dollars Identification Reference [SIGPIC][/SIGPIC]   02-01-2007, 11:18 AM   #3 (permalink) CamaroDMD Dental Student     Join Date: Mar 2006 Location: Oregon Posts: 5,386 My Mood: I would also grade this coin right in the AU-58 range as well (plus something about the luster isn't sitting right with me...but I could just be paranoid). The 1881-S Morgan Dollar is well know for having an exceptional strike and as a result, this coin is avilable in higher grades easily and is not overly expensive. This coin is probably worth in the $30 range (give or take a little)...I personally wouldn;t oay $40 for it. __________________ The Truth About "O" Mint Morgan Dollars   02-01-2007, 11:28 AM   #4 (permalink) satootoko Retired   Join Date: Mar 2004 Posts: 5,822 AU-50 tops. Look at the eagle's breast and the right side of Liberty's cap. __________________ Roy   02-01-2007, 02:20 PM   #5 (permalink) vipergts2 Jester in hobby of kings     Join Date: Aug 2005 Location: Iowa Posts: 5,386 My Mood: Au It also looks like a weak strike for a SanFrancisco coin. $40.00 seems a bit much to me.   02-01-2007, 02:36 PM   #6 (permalink) 65GT350 Member   Join Date: Jan 2007 Location: Bay Area, CA Posts: 66 I agree with Richie, the luster looks off. If you are going to spend $40 I would try to pickup a PCGS 62/63 off ebay instead. I don't think I would even go $30 for the coin.   02-01-2007, 03:59 PM   #7 (permalink) nb80303 Junior Member   Join Date: Jan 2007 Posts: 10 Thanks guys...really appreciate your input. Nick   02-01-2007, 06:12 PM   #8 (permalink) Treashunt The Other Frank     Join Date: Oct 2006 Location: New York Posts: 16,668 Keep your money in your pocket. __________________ The Other Frank "Buy The Book Before The Coin!" http://www.whitmanbooks.com/Default....wUpcoming_1208   02-02-2007, 02:31 AM   #9 (permalink) Shortgapbob Emerging Numismatist     Join Date: Jul 2006 Location: West Virginia Posts: 1,505 Yeah, I would definitely pass on this coin. This coin is an AU piece, and you can buy a well-struck MS 63 1881-S for $40.   02-02-2007, 03:03 AM   #10 (permalink) CoinNewb3 Senior Member   Join Date: Sep 2006 Posts: 171 You are all looking over one thing though... This is his boss we are talking about   02-02-2007, 07:48 AM   #11 (permalink) Treashunt The Other Frank     Join Date: Oct 2006 Location: New York Posts: 16,668 Quote: Originally Posted by CoinNewb3 You are all looking over one thing though... This is his boss we are talking about Then his boss shouldn't be ripping him off. __________________ The Other Frank "Buy The Book Before The Coin!" http://www.whitmanbooks.com/Default....wUpcoming_1208   02-02-2007, 09:22 AM   #12 (permalink) nb80303 Junior Member   Join Date: Jan 2007 Posts: 10 I wasn't sure whether I should just buy it because he offered it to me, and even though its not that good of a value, just eat the cost, so that he'd be satisfied. But I think I'm going to pass on it and just find one on eBay or teletrade thats a bit better grade. Thanks again everyone!   02-02-2007, 03:00 AM   #13 (permalink) indianhead Numismatist   Join Date: Jul 2006 Location: PA Posts: 3,682 My Mood: Blog Entries: 1 The hair directly above the ear looks worn also. Definitely not worth $40. I agree with everyone...AU50-55   02-02-2007, 10:00 AM   #14 (permalink) FHDave Senior Member   Join Date: Jan 2007 Location: Massachusetts Posts: 208 If you go the Teletrade or Heritage route, just remember to factor in the buyers fee when bidding on coins. For moderate priced coins (like the $40 you are considering), this can be higher than the quoted percentage as they have minimum fees ($8 in the case of Teletrade). As long as you factor that in to your bid, then you should be ok with these auction houses. Having said that, you can absolutely trust Teletrade and Heritage to provide exactly the coin you bid on and have excellent customer services (at least in my experience).   02-04-2007, 01:57 PM   #15 (permalink) Stephen Junior Member   Join Date: Jan 2007 Posts: 20 Heritage I have had great experiences with Heritage as well. I was a little surprised at the packaging, though. They put the slabs in the package next to each other with no protection so the slabs can get scratched. Other than that, great coins and great prices.   Bookmarks Digg del.icio.us StumbleUpon Google Would you like to support CoinTalk? Coin Talk Code of Honor 1. Post unto others as you would have them post unto you. 2. Keep it clean, like a 1950s family television show. 3. If you don't like the coin, don't trash the person. « 1847 5 francs and 1877 50 francs | 1909 Vdb » Thread Tools Show Printable Version Email this Page Display Modes Rate This Thread Switch to Linear Mode Hybrid Mode Switch to Threaded Mode Rate This Thread: 5 : Excellent 4 : Good 3 : Average 2 : Bad 1 : Terrible Posting Rules You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules LinkBack LinkBack URL About LinkBacks

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