It's possible they could be worth that but they would need to be graded by PCGS or NGC as MS-67, 67+ or better.
YEAH, I have been seeing that a regular run of the mill PCGS grade 63 or 64 1886 or a 1889 Morgan starting bid 165.00. That don't surprise me though.
Wasn't that long ago I had to stop my granddaughter from spending $65.00 on a cent with the L in the rim (worn die). Somebody told her they were wildly valuable and she was so excited to tell her coin collecting granddad about it. Thank heavens she asked me about it before she spent the money.
Well that might be rare in that holder. Few people would waste their money on getting an item like that into a PCGS slab. To date 26 have been PCGS graded MS-63, R&B. None have appeared in a major auction. Prices for normal, not error coins, in MS-64 have raged from $8 to $45. The latter price was for what I would call an “ugly toner,” but I have a different taste.
I've seen several so called dealers have reserves that are ridiculous for common junk. It cracks me up when their auctions all expire around the same hour and have not one bid on anything they have.
