GSA Morgan question

Good point. I wonder if the TPG's have record of the quantity they've personally cracked? Wouldn't surprise me if they communicate things at that level, and have a feel for the real-world population loss of OGP.

 

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10yrs later and the better option is still the old way. It just goes to show how out of touch pcgs is on some things. I love pcgs over all others but but boy are they obtuse sometimes. Unless their submitters live in a pineapple under the sea, why would they think they created the superior way of grading gsa's?!

 

I will buy coins I like in the GSA or out of the GSA holder. Some people only like them in the GSA packaging. Once out of the GSA packaging you can't put the coins back, so it's best to have them graded in the holders if you want them to appeal to the most buyers.

These are the only coins I will not send to PCGS until they abandon their uberslab and simply strap the GSA holders like NGC and ANACS do.

My only gripes about the GSA packaging is that the paper hinge on the box is very fragile and the plastic is prone to picking up scuffs and can't be effectively polished with PlastX without leaving hairlines. Perhaps a different polish works better, but I'd try this on brown Ikes first.

 

The question whether buyers prefer their GSA Morgans graded in the original holders or in slabs, in my opinion, misses the main driver of why a buyer chooses to buy a coin: the driver is the coin. If a coin is appealing (eye appeal/nice surfaces/toning/PL/DMPL) a buyer will pay more for the coin, packaging is not important. My review of prices show that if you try to find a pattern of price based on the holder, you will not be able to come to any conclusion. I have not noticed that buyers pay more for a GSA holder versus a PCGS/NGC slab. The coin matters more than the holder.

 

You should have a look at the GSA coins lacking CC mint marks. You'll see your GSA price inflation then.

Heck, the last Philadelphia GSA offered at Heritage was a plain MS63 1886 that went for MS66 money. Wanna get $175 for an AU53 1921-P? Put it in a GSA holder.

http://coins.ha.com/itm/gsa-dollars...-24561.s?ic4=ListView-ShortDescription-071515

 

Good point. I have seen the price inflation for the soft packs. My first comment only applies to the CC coins. I have stayed away from soft packs in the past because of price inflation, and my comment was incorrect and incomplete because I didn't mention the non-CC coins, so your comment is right on point.

 

I have some of these when they first came out as a collector I will not have them graded but I am not going to sell them either and I still hold with a coin is only worth what a person is willing to pay for it so if you are looking for profit then ngc

 

On the other hand, as you observe the Carson City GSA's pretty much define their market, as we can assume the overwhelming majority of the surviving Mint State examples of the early-year issues came from the GSA sales. Still boils down to the fundamental math we all know, rarity and condition rarity.

 

Did anyone catch the 84s in gsa softpack last year or late 2014 that blew estimates away and sold for $8k on Ebay? I was watching it and my eyes were bigger than my wallet. I think a few online publications wrote articles about it if anyone wants to go searching. Wonder when it'll resurface

 

I just got a few back from NGC and from ANACS (lower grades). They're just wrapped in plastic now with a seal and a ribbon. They fit nicely back into the original box - but don't match up with the others that are slab/slabbed.

 

http://www.coinworld.com/news/us-co...sis-steve-roach-numismatics-marketplace.html#

 

I haven't seen a container that I would pay that much for -- rare or not.

 

For a container, if we drop the coin qualifier, 8k can be nothing

 

https://www.cointalk.com/threads/help-me-grade-and-vam-my-gsa-morgans.280288/

 

Challenge accepted and met.

 

Damn you're quick dave. I didn't even see it yet to have a chance but for some reason gsa CC's are always easy

 

Only took a few minutes - not many to choose from for each - but that VAM-3 progression in 1882 is iffy.