Help grading/appraising a 1897-O morgan dollar

melt value.

 

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I primarily use ebay, and yeah I use sold listings. Always a good tip. Recent sold listings is probably the best way to get true market value.

 

No

 

How do I delete this post? I can edit it but I can't figure out how to delete it

 

You want the entire thread deleted or just a post?

If just a post, you can ask one of the mods, and give them the post #.

If you want the thread deleted, you can ask the mods to lock it so no more posts can be made to it.

 

I was just trying to delete the post. I accidentally clicked quote on my post instead of edit, so I made an extra post

 

Click the EDIT under your post and signature line, then highlight with your mouse what you want to delete, then hit the delete key on your keyboard.

 

lol, yeah, I was fixing a typo but ended up quoting myself by accidentally clicking quote instead of edit. I deleted the quote and replaced it with a question on how to delete the post itself. I just didn't realize this forum denied the ability to delete your own posts

 

Yes, let’s keep it cordial, and yes, you quoted a small portion of my response directly, but then directly proceeded to place other bits and pieces into a completely different context, so please don’t tell me what I was trying to imply, sir. There is no reason to defend yourself against anything I said because noting should have been taken as offensive, but even if you took it that way, this is not how it was intended.

If you do not wish to bother with or appreciate efforts intended to possibly help you, that’s fine. Earlier in this thread you mentioned being “green”, and while you absolutely do not have to accept anything said as fact, it is at least worth giving due consideration.

Now, perhaps there has been a level of miscommunication here, but at the root of this all has been that ebay is not always a great indicator of what a coin is generally worth. When wishing to learn about value, one is likely to receive different answers depending on how the question is asked, so if curious as to how much a coin may go for on ebay, it is best state this when asking; the more general the question, the more general the answers you’re likely to receive. Also, ebay is not “the market”; it is a venue, and regardless of size, is one of many and represents only a piece of the market.

Again, sir, ebay is not an absolute definer of value; it is just one venue of many, so this may be the reason people have “drilled the idea of it being worth melt”. As for the challenge to find such a coin on ebay for $25, this goes right back to the same thing that has been said repeatedly. I do not know or care where or how you obtained the coin, but it was not some rare and incredible find; you bought something for a somewhat average price that could be flipped for a small profit on ebay, which is not an uncommon but still perfectly acceptable thing. If you wish to dismiss what I or anyone else tells you or believe that we’re making it up, that’s fine, but does not change the fact that ebay values and real world values are not necessarily the same. It only goes to reason that on a venue such as ebay with every type of buyer imaginable, there will be some who, for many different reasons, may pay more than they would have to elsewhere.

 

Since page one I have been using eBay as a reference. Since then I have stated that eBay was the market I was talking about. I have given consideration and here is how I see it:
I understand that the value of something is only what someone will pay. Ebay has a lot of people, so getting the highest payer is more likely. I also sell apart from ebay when the coins have little to no value over melt, or when I can find a non ebay buyer (to save on fees)

It seems many people on here are equating "value" to "I would pay…"
When I say value, I mean "what can I sell this for?"

That's your opinion. I don't understand how one would NOT equate selling prices on eBay for value, at least in part.

I have addressed this, assuming you read my posts.

I didn't receive general answers. I received very specific answers: everyone stated what they would pay.

That's fine, I already stated that it was my error " suffice to say, I will be more clear in the future if I ask what a coin is worth. I guess I have to specify "what would this coins sell for?""

Not sure when I thought someone was "making something up." I disagreed on the value, just like you disagree with me on the value. I believe the value is what it sold for. You believe the value is less. I understand that and respectfully disagree.

Ebay is part of the real world, and the buyers pay with real (however fiat) money.

This is why I call ebay "the market." It represents "every type of buyer imaginable" like you said. How is that NOT the market?