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<p>[QUOTE="GDJMSP, post: 120342, member: 112"]It happens every day.</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p>Yeah, sure they would if they were released onto the market all at the same time. But with Morgans, 5 or 6 thousand coins can be absorbed just like that. And since he discovered all these coins 5 yrs ago - it's a pretty sure bet they're all in the market already. </p><p><br /></p><p><br /></p><p><br /></p><p>My question to you would be who graded them, your friend ? I mean given the amount of time that has passed the coins have almost certainy gone through the marketplace and been graded & slabbed. And if the numbers of the pop tops haven't changed, then I'd guess that the grading companies didn't agree with his estimates of the grades.</p><p><br /></p><p>The last time, that I know of, that the 1896-O in MS65 was sold it brought about $150,000, but that was 2002. There is one listed in MS66 that sold for about $350,000 last year. Personally I think it was the same coin in both cases, just upgraded the second time. So if a 67 came on the market it would probably go for about 450k. And I doubt it would have much effect on the price of the 66. But ya never know.</p><p><br /></p><p>Now there are several Morgans out there that grade 68, even a few 69's. 67's are almost common comparatively speaking. If you wanted to spend the time you could find out where they came from and when. All you'd have to do would be track the auction records. The general public might no tbe able to find out names and such, but you could certainly find the dealer's names and date of the sales. With coins like that - it's not really hard. </p><p><br /></p><p>Anyway - hope that helps.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 120342, member: 112"]It happens every day. Yeah, sure they would if they were released onto the market all at the same time. But with Morgans, 5 or 6 thousand coins can be absorbed just like that. And since he discovered all these coins 5 yrs ago - it's a pretty sure bet they're all in the market already. My question to you would be who graded them, your friend ? I mean given the amount of time that has passed the coins have almost certainy gone through the marketplace and been graded & slabbed. And if the numbers of the pop tops haven't changed, then I'd guess that the grading companies didn't agree with his estimates of the grades. The last time, that I know of, that the 1896-O in MS65 was sold it brought about $150,000, but that was 2002. There is one listed in MS66 that sold for about $350,000 last year. Personally I think it was the same coin in both cases, just upgraded the second time. So if a 67 came on the market it would probably go for about 450k. And I doubt it would have much effect on the price of the 66. But ya never know. Now there are several Morgans out there that grade 68, even a few 69's. 67's are almost common comparatively speaking. If you wanted to spend the time you could find out where they came from and when. All you'd have to do would be track the auction records. The general public might no tbe able to find out names and such, but you could certainly find the dealer's names and date of the sales. With coins like that - it's not really hard. Anyway - hope that helps.[/QUOTE]
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