Morgan GSA vs non-GSA

Thanks to all for putting up with my new kid questions.

All things being the same, grading, etc. would you pay more for a Morgan GSA compared to one that's not in the gsa slab? If yes, how much?

I've been looking at a few and not sure how much more if any value I should put towards a GSA.

Specifically right now I'm looking at two 1881 CC MS65's. Close in price but that GSA is a bit more.

Thanks!


Sent from my iPad using Tapatalk

 

Log in or Sign up to hide this ad.

Go with whatever one you think looks better to you. If you looking to flip the coin quickly, I am sure the GSA would bring more.

 

Not interested in flipping. Starting to build a collection.


Sent from my iPad using Tapatalk

 

That's a loaded question. Some dates in gsa are down right rare. Some vams in gsa are down right rare. In general though yes. Gsa's have been on a consistent move upwards in recent years

 

Are they both BIN's on eBay? The reason I ask is because there is nothing that says you can't make an offer on a BIN. I used to do it (POLITELY!) all the time. Ask the seller of the GSA if he would accept a lower amount (Be specific).

Chris

 

Actually they are. I've received a price for one and I've countered on another, the non GSA being a little cheaper. Just not sure how much more if any I should pay for that GSA. Honestly I think the non-GSA looks more pleasing to the eye. But for that kind of money I don't want to make a mistake.


Sent from my iPad using Tapatalk

 

Yes, actually there is something that says that. Its when you find a killer cherrypick and don't want to risk waiting for a few bucks less on something underpriced by half or more. Not to split hairs though

 

Send me a pm with links to both and I'll give you my opinion. You don't want to do it publicly as you never know who's watching

 

Unfortunately, the rest of us are dealing in "what-if's". We don't know what prices. We don't know what they look like. We don't even know which TPG graded them.

If you like the look of the non-GSA more, then go for it. The worst thing you can do is buy a coin that does not suit you completely.

Chris

 

If the non-GSA looks better, I would buy that one. Just be sure the seller has a reasonable return policy, as photos can hide A LOT on eBay.

 

Ok so I had one of my offers accepted so decision made. It's a reputable seller. 4,000+ feedback. Specializes in coins. Fair return policy. I paid $755. I checked out the NGC number and it's all good. Pics of the same coin on the NGC site. Thoughts??










Here is the other. The seller wanted $835






Sent from my iPad using Tapatalk

 

You made the absolute right choice!

 

Thanks! I'm happy (I think, depends on what other comments come through). I now have a 1880, 1881,1882, 1883, 1884 CC. Not too bad for a newbie! Many more out there though!


Sent from my iPad using Tapatalk

 

Good job! Love the Morgan CCs. That is a fantastic set to put together. Now you need to start saving for the 79!

 

Taking general - for someone starting out building a collection. Would you want to look specifically for GSA's all things being equal? Or is it more on a case by case basis? This time I ended up not going GSA but I'm just unsure if I should try and keep on the GSA track or not worry about it.


Sent from my iPad using Tapatalk

 

I own only one GSA and that is because it had a variety that I wanted. It was the 1880CC Rev of 78 VAM4. Otherwise, you probably don't want to do what I did and that is crack out every single Morgan and put them in a Dansco book. Looks fantastic, but $$$ down the drain. But that is my collecting interest. My 82, 83 and 84 CCs were all GSAs that I cracked out. I did not crack out the 80 because it is a tough VAM to find in a GSA.

 

The NGC slabbed coin is much nicer for the grade than the OGP encased graded example. It's all about the coin when it comes to CC Morgans for me with common dates. (yes, 1881 CC is a common date in MS condition)

 

Thanks! Glad I went for the NGC slabbed this time!


Sent from my iPad using Tapatalk

 

First of all being a newbie to the hobby one should be taking baby steps before jumping in with both feet.
Now granted I have said many times I have learned more from mistakes then from not. However.....Before you buy the coin buy the book....learn by reading about what you have set as targets.
Next you buy the coin not the holder or if the coin is from a known hoard be it GSA or others.
You by reading and studying the coins that are of interest you won't be second guessing yourself and asking for others approval .
Yes on this forum we all ask and learn from others whom may have something to share with others so we are educated in a series or topic posted.
Coins are not investments granted there are some that have increased in value......but just as many more who have loss value.
This is a hobby and like most hobbies there are so many levels one can play.
Just pick any hobby and research it. You'll find that one can get involved at an entry level or one can go big.
If you were going to start fishing as a hobby you can buy a rod and reel under $25 that will do the same as a $1000. Rig.
What matters is this it doesn't matter as if you are clueless as to where to locate fish and know how to catch them.
I can assure you that if you have the knowledge that $25 pole will catch as many fish as the $1000. rig will.
Speaking from someone who has been through both good times as well as bad ....if God forbid be forced to sell that coin will you be able to for what you have in it ? Or will you loose hundreds because your back is against the wall.
Most of the members on here have been collecting for a long time. Some of us over 50,60+ years. Those of us whom fall into these parameters want to see the hobby go on, we welcome newbie as well as young numismatics to join in a hobby that we have enjoyed for many years.
That my friend is the reason of my post for you to learn as we have over our lifetimes . To read and understand , to ask questions and most of all understand this our collections started small. It's been a lifetime that we have managed to put together our collections. Lastly..... when you are laying down money for a coin don't rely on others to guide you....it's not their loss if bad advice is given.
Education ,reading , asking the right questions so you alone can make a decision that you alone can live with.

 

Excellent advice. I do appreciate it. I'm very much a maven about most hobbies that I get interested in. Coins are new to me but I can't stop reading as much as I can. I've ordered the complete guide to Morgan's and should have it tomorrow. The Internet has been a great resource. However I've found forums like this are a world of knowledge because I can tap in to the experiences of good people like you who have way more experience than I'll ever have. [emoji106]


Sent from my iPad using Tapatalk