Another “Guess the Hammer” price thread.

Discussion in 'US Coins Forum' started by Morgandude11, Jun 15, 2022.

  1. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Ok, another guess the hammer thread. This 1879s Morgan, PCGS MS 68+ CAC is the finest for its date. It has a population of 1, with none better, and is one of the highest graded ever (there are a handful of 69s for other dates).

    It is already up there, with 4 bids. How much higher will it go?

    11EDB85D-9A96-4616-978D-9B876C08A36C.jpeg

    0D854E2E-84C1-4F92-9237-9D900A2279AF.jpeg DD122C12-68BA-4499-A98E-D37A3602E0C6.jpeg
     
    Last edited: Jun 15, 2022
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  3. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    Price Is Right rules? Can't go over to win? ;)

    $72,869
     
  4. jtlee321

    jtlee321 Well-Known Member

    WOW!! That is a beauty! I will have to properly respond after I get home.
     
  5. ksparrow

    ksparrow Coin Hoarder Supporter

    I'll guess 67,500.
     
  6. Dave Waterstraat

    Dave Waterstraat Well-Known Member

    Not unless it lands at my house...;)
     
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  7. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    I will guess $46,000 with all fees. Price guide has it at $34,000
     
  8. KBBPLL

    KBBPLL Well-Known Member

  9. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    You're just out and out being mean to me. I'm going to take my bat and ball and go home! ;)
     
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  10. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I'm gonna say $51,500 total price (including all fees).
     
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  11. ddddd

    ddddd Member

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  12. KBBPLL

    KBBPLL Well-Known Member

    hahaha but if I'm over, you win!
     
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  13. masterswimmer

    masterswimmer A Caretaker, can't take it with me

    But it guaranteed I'll be over too ;) Unless of course the hammer is the 99¢ between our guesses. :mad:
     
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  14. jtlee321

    jtlee321 Well-Known Member

    I'll wager after fees $49,900.00
     
  15. jtlee321

    jtlee321 Well-Known Member

    This is one, that if I had the means, I'd be a bidder on. It WOULD come home to me. But ,alas, I am not a PowerBall winner.
     
  16. ddddd

    ddddd Member

    I'm not sure it would be worth it even if any of us had that much to spend. To me there are several things going against it:
    1) What looks like a fingerprint around the "BUS" of "Pluribus"
    2) The fact that it sold for under $6k as a 68 and is now upgraded to a 68+ (the plus doesn't seem worthy enough of that big of a jump in value on the same exact coin)
    3) It's a common enough date with a look that can be found on pieces graded MS 65 or MS 66 (that would carry a premium but would be a fraction of the final cost of this coin)

    I've seen you post some stunning Morgans in 63-66 holders. I'd personally pick a handful of those before this 68+ Morgan (especially given the significant price difference).
     
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  17. Evan8

    Evan8 A Little Off Center

    Total longshot but $54,500. I have no clue when dealing with big boy coins:greedy:
     
  18. jtlee321

    jtlee321 Well-Known Member

    LOL, that's exactly what I have been doing. I want the best looking coin for the grade at my budget. But, if I was PowerBall rich (Like several hundred million) then the price that this ends up going for is but a drop in the bucket. LOL
     
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  19. KBBPLL

    KBBPLL Well-Known Member

    This is where it's not really rational coin collecting anymore, it's all about whose you-know-what is bigger. Get two of the "powerball" guys bidding on one of these top pop coins and who knows where it will end up.
     
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  20. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Oh,I agree. The coin is a curiosity more than anything else. It is a near prooflike high grade common date Morgan that happens to have only one distinction. That is exclusivity, being the highest graded for its date, and population of 1. Would that be enough for me to want to buy it? Hell no—I tend to go for “highest grade for a good value with eye appeal.” I have posted many of my own 65, 66, and 67 Morgans that I paid 1/20th of what this thing is going to sell for. A perfect example is my MS 65 PL 1885cc that I had a GTG up, recently. It is as attractive as this coin, if not as high grade, and numerically exclusive. So, I posted this “guess the hammer” as a curiosity, rather than a numismatic definition of sanity. Bidder 1 and bidder 2 will probably drive the price of this thing crazy over the next 2 days.
     
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  21. wxcoin

    wxcoin Getting no respect for 66+ Supporter

    The PCGS population report shows 15 at 68+. With the green bean I'll go $35K given the hot market right now.
     
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