How much do you guys think this coin is worth. I spotted it on eBay and I absolutely love it to pieces, and I wanted to know what the maximum would be to pay for this coin. I don't have as much experience pricing toned coins, so I would like to have your knowledge help me. Thanks!
I’m definitely a Morgan guy, but toners aren’t my deal. Stick around and some knowledgeable folks are bound to check in.
I just checked on it this morning, and in one day it has jumped from $0.01 to $100 with 20 bids! It has textile toning, some strong blues, and a neat pattern that would get CAC so I see where they're going with the $100 bids.
I'm not experienced in toned Morgans but you use the terms "roll-ender" and then in your #4 comment, "textile toning." I question that the coin was at the end of a roll with a pattern on both sides, and if what I think you are referring to as "textile toning" isn't a finger print I'm not sure what it is. Could you enlighten me? With the rim damage in two places and 20 million made, I wouldn't pay more than $60.
So first it looks like a roll-ender because both sides have separated halves that look a lot like that is where the flaps on the end of a roll, and you are also probably right on saying it a fingerprint.
Roll enders only have toning on the face exposed to the paper. The other side is usually blast white. This coin looks like it was placed in a cardboard holder that secured the coin with a strip. It's not an uncommon look. The obverse pattern is from a fingerprint, not textile.
I just looked through that seller’s other items plus prior sales and every single Morgan was a raw AT coin. I’m wondering if this one had a little help too? It could have had some toning and then was gased to add more color. It’s certainly a bit unusual. The reverse looks like cardboard toning as @Jaelus mentioned. The obverse looks unusual. I see it’s already over $100 with six days to go. A few people must really like it and I could see this one bid up to over $200 (I don’t value it anywhere near that, but others might).
If you're interested in such coins as well as looking to purchase them, it would behoove you to learn as much as possible before moving forward. I do believe I've already shared this once, but perhaps you missed it.... http://www.jhonecash.com/research/ It's a great site with lots of good info. Unfortunately, it's only helpful to those actually willing to use it.
Well, it's because as excellent as the site is it simply doesn't have the ability to magically educate those refusing to invest the necessary time/effort into learning from it.
Advertising for business is one thing, but doing so to try to help those refusing to do for themselves? Probably not the wisest use of business funds imo. Anyway, the greater point was that if you're truly interested in such coins, I hope you're willing to invest your time into learning before buying. In the long run you'll be happy you did. Good luck!
Seriously? Come on, man... context is everything. The deflective nonsense is growing old. This was clearly addressed in my previous post.
Agreed @BooksB4Coins ; it might be a lost cause Plus if one takes a look at that website, they haven't listed anything for sale since 2014. I believe the person that ran that website is basically out of the coin market (they just keep the website for information and maybe they get some revenue from ads).