What grade do you give this 1921 Morgan (crappy auction photo)

Discussion in 'US Coins Forum' started by mynamespat, Dec 27, 2016.

  1. mynamespat

    mynamespat Well-Known Member

    This auction has ended. I'm just wondering what others thought. How much credit do you give it? 5849272_0.jpg 5849273_0.jpg
     
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  3. green18

    green18 Unknown member Sweet on Commemorative Coins

    Crappy photo, crappy grade.....xf-45.
     
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  4. mynamespat

    mynamespat Well-Known Member

    aye, that's what I was thinking.... My curiosity peaked when somebody ended up bidding on it like it would grade ms-64 or higher.
     
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  5. SuperDave

    SuperDave Free the Cartwheels!

    There's a sizable plurality of buyers out there who don't realize the difference between an 1878 and a 1921 Morgan....
     
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  6. eddiespin

    eddiespin Fast Eddie

    I give it credit for trying, with photos like that. I'm seeing wear, too, so EF, in that neighborhood, best I can say.
     
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  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    Woe to him/her. These issues are like stars in the sky and can be had in stellar condition for a most reasonable price. Looks like some bloke is gonna be cut off at the legs.........knees
     
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  8. ldhair

    ldhair Clean Supporter

    I'm not sure what I'm seeing. The holder and the images are messing with the actual look of the coin. I could see it being AU something.
     
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  9. Coinlover80

    Coinlover80 New Member

    AU - for sure more XF end but there may be room for AU
     
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  10. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    A bidding war gone bad or one bidiot and one shill. Do you have a link to the auction?
     
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  11. Cascade

    Cascade CAC Grader, Founding Member

    Technical mid-high AU but if the luster is as far gone as it seems it would net XF. That said we are viewing a 1921 which are known for lack of luster, through a flip. That plastic can play tricks with luster in photos.
     
    Last edited: Dec 28, 2016
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  12. Cascade

    Cascade CAC Grader, Founding Member

    Are you saying there's a difference? :eek:
     
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  13. TypeCoin971793

    TypeCoin971793 Just a random guy on the internet

    Looks low AU to me. There is quite a bit of luster there for EF.
     
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  14. mynamespat

    mynamespat Well-Known Member

    I reckon that's a large part of why I'm curious. Being a 1921, it wasn't a huge amount anyways. Something just didn't feel right, I figured I could get opinions of those with more experience. (and you guys are awesome, ty for helping)

    http://bid.aumannauctions.com/view-.../?url=/view-auctions/catalog/id/14292/?page=4
     
  15. SuperDave

    SuperDave Free the Cartwheels!

  16. mynamespat

    mynamespat Well-Known Member

    The auction is two coins, but I wasn't very curious about the '22 peace dollar. :sorry: That coin seems pretty cut and dry (destined for somebody's bullion pile).
     
  17. SuperDave

    SuperDave Free the Cartwheels!

    Despite the fact that a 1922-S Peace is worth more than a 1921-P Morgan in similar grade. :)

    Point being, my previous opinion was predicated on your mention that the auction ended with an obviously-AU 1921 Morgan hammering at MS64 money. It did just that, but for that money the winner got two coins. Would have altered my opinion, had I known. The two of them for $70 is a bit out of whack but not terribly so. That Morgan alone for $70 is a bidiot move. :)
     
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  18. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    Yeah, the winning bid for the two coins is about a 12 pack of decent beer too high. ;)

    I apologize for this somewhat corny reply but my post count was sitting at 666 and I needed a quick post.:eek:
     
  19. SuperDave

    SuperDave Free the Cartwheels!

    There are far worse reasons to post too much. :)
     
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  20. mynamespat

    mynamespat Well-Known Member

    I just spent too much time looking for a little devil in the smiley list ;p

    Aye, I understand what you are saying. If the bidder took the auctioneer's AU marks as truth the price is about right, but I don't see anything to indicate the peace dollar is even near to AU. Both "One" and "Peace" on the reverse are pretty much worn away (could be lighting - I dunno).

    I guess, for full disclosure, I can say where I was at on this (my thought process- see if it makes sense or I should adjust).
    I was interested because I am close enough to self pick-up and avoid additional fees. I was also already bidding on other lots. I figured this lot and the next (a 22d and 23d peace) might be at the high end already when I bid 45 and 35 ($99 including premium; 24.75/coin). I wasn't terribly surprised when the bid was upped. At $55 and $45 (30.25/coin) I figured the value could still be there. Then I hit this lot once at $65 before hammer (um...cause I like to gamble?).

    After seeing the other bidder with max bid set at least at $70, I was wondering if I missed something or assessed the situation poorly.

    Aye, sorry, it's not even a ball-busting situation. I'm just new to this online bidding stuffs. I figure by analyzing this now, it could save me money later on with more valuable coins.
     
  21. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    In my opinion the only thing you missed out on was over-paying.
     
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