Not sure why you think they have skyrocketed - they have been in the same range I listed for at least 8 years. Look for yourself - http://coins.ha.com/common/search_r... MS66&Nty=1&N=51+790+231+382&chkNotSold=0&Ns=
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.
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
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.
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.
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.
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.