1902-O Morgan

Discussion in 'What's it Worth' started by PersianGuy, Jun 28, 2010.

  1. PersianGuy

    PersianGuy my.will.is.good

    I can't find anything on this, did something happen recently to make this coin's value skyrocket?
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. PoorJake

    PoorJake Junior Member

    Where you seeing high prices for these?
     
  4. PersianGuy

    PersianGuy my.will.is.good

    punch in # 14907494 into PCGS Cert

    1902-O in 66 should be worth around $185
     
  5. GDJMSP

    GDJMSP Numismatist Moderator

    The most recent auction results for the 1902-O in MS66 show the price range to be from $360 - $700.
     
  6. Numismatist47

    Numismatist47 New Member

    For a common date Morgan?
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

  8. PoorJake

    PoorJake Junior Member

    That's what my Morgan Guide Book has it listed at, but I've never bought one so I didn't know how accurate it was. Looks like not too accurate.
     
  9. Strikeluster

    Strikeluster New Member

    1902 o

    Enough to make me check mine, MS 65 though.


    Steve
     
  10. PersianGuy

    PersianGuy my.will.is.good


    Well, there must be a misprint in The Official Redbook of Morgan Silver Dollars (2007 Edition) here is an image of the 1902-O page.. as you can see they set the value at $185. This is of course never the actual value from the point of the seller (lower) so I was confused.

    http://www.mofrad.net/1902o.jpg

    What do you think GDJMSP? A misprint maybe? Thanks
     
  11. zekeguzz

    zekeguzz lmc freak

    My Black Book lists a 1902-O MS65 Morgan at $220. It stops there so it is only a guess what it would list an MS66 at. I'm beginning to have doubts
    about this book.
     
  12. GDJMSP

    GDJMSP Numismatist Moderator


    No, it's not a misprint at all. The book you refer to just copied the values as listed in the Whitman Coin Guide. That's where the problem is. The Red Book, The Black Book, The Blue Book, The Whitman Coin Guide - all of these books are published by the same company - Whitman. And every single one of them is known and always has been known as being completely worthless when it comes to the prices they list for coins.

    If you want to know what real coin values are - look them up on Heritage and forget about the books. In the 50 years I have been involved in numismatics, never once has there been a book published which had realistic prices listed in it - never once.
     
  13. zekeguzz

    zekeguzz lmc freak

    You know that is all well and good for coins of higher value, Heritage that is. But for low grade coins, I wouldn't think Heritage would cover them.
    Also it to me is not a convenient way to check prices. But I agree with you that it is the most accurate way of finding out what a coin might get if auctioned. And comparing sales of PCGS, NGC, and Anacs is very easy using Heritage.
     
  14. GDJMSP

    GDJMSP Numismatist Moderator

    It's not the low grade coins they don't cover zeke, it's the low value coins. You'll find many coins on Heritage that are slabbed as AG, G or VG. But they still cost a pretty penny.

    If you want realistic values on common coins that only cost a few dollars then you need to use the Grey Sheet.

    My point is still valid - the value listed in the Whitman books are worthless. And it doesn't matter if the coin is worth 50 cents or $50,000. An inaccurate price is still an inaccurate price no matter how low it is.
     
Draft saved Draft deleted

Share This Page