I think you guys are going to be floored.... This stunner went for $440 (incl BP) at Great Collections a year ago (12/4/16). Someone got a heckuva sweet coin for a decent premium. https://www.greatcollections.com/Coin/411574/1888-O-Morgan-Silver-Dollar-NGC-MS-63-Toned @bsowa1029 for the win!
I'm going to dissent. I threw out my guess of the top range for this coin ($500) because of the textile toning, but this coin has huge problems. The obverse focal area is an absolute mess with extremely distracting surface marks and near terminal stage toning. In my buying days, I wouldn't even have considered bidding on this coin, there are just too many Morgan toners without issues to be bogged down with a compromised MS63.
I can see that. The cheek is a mess. I just thought someone would go nutso over the color. I see why no cac sticker. More like a 61 with a color bump
While I agree with you, and I wouldn't personally buy this coin, I've seen textile toners go for absolutely insane amounts. Hence the high guess. They have no basis in reason.
Points Table ddddd - 18.01 Points baseball21 - 16.61 Points Beefer518 - 15.51 Points jwitten - 12.51 Points Lehigh96 - 10.51 Points ron_c - 10.01 Points ddoomm1 - 8.01 Points heavycam.monstervam - 7.51 Points jtlee321 - 7.02 Points brg5658 - 7.01 Points IBetASilverDollar - 7.01 Points Johndoe2000$ - 6.51 Points KSorbo - 5.51 Points Santinidollar - 5.51 Points Bman33 - 4.51 Points C-B-D - 4.01 Points Night*Hawk - 3.01 Points Pickin and Grinin - 3.01 Points Duke Kavanaugh - 2.51 Points bsowa1029 - 2.51 Points kSigSteve - 2.01 Points Volante - 1.01 Points moneycostingmemoney - 1.01 Points Cascade - 1.01 Points Physics-fan3.14 - 1.01 Points LuxUnit - 0.01 Points
@Beefer518 I'm more with @Lehigh96 that this coin sold for a fair price, but was not a steal. I also think the grade is fair; while the cheek is rough, the fields are actually quite nice. Another thing to note, is that the auction started at $400 and only had the one bid near the end. In my experiences with GC, coins with high start prices tend to do worse than the ones that start at some nominal value (like $1 or $10). Although it is somewhat irrational, it does seem that more people are attracted to the listings where they see a lot of bids. To add, this is an older, less popular, and slightly scarce NGC holder (NGC 8, which "lasted only for about four weeks in August and Sept of 2000" per Conder101). Being from 2000, that might also be before NGC started using the star designation (@Conder101 or @Lehigh96 would either of you know when the star first appeared at NGC?). Edit: Adding holder pictures
It would be a nice coin for a toner registry set. I've seen that type of toning before, and seems to be 'liked' by many. So I'll say $3,499
As for that Morgan, when I found it on GC, I thought $440 was way too much, and I was expecting guesses in the $200-300 range. You guys surprised me with your guesses.
$4,000 ...I’ll guess it went over guide...however I don’t know if this is a toning premium, grade, registry, or all of them.