Brutally honest opinion required UPDATE

Discussion in 'US Coins Forum' started by expat, Apr 7, 2022.

  1. expat

    expat Remember you are unique, just like everyone else Supporter

    I have been offered an 1883-CC Vam5 Morgan dollar. It is in the original GSA holder and packaging with COA. The price would be 250 Euros ($270), which from what I see on PCGS prices would equate to around MS 61 prices. The two sellers photos that I have show a marked obv and a decent rev. An opinion on if it worth it is welcome. As I already have two '83cc GSA's it is not something I will be disappointed to miss out on.
    Sellers images
    20220407_183544 (2).jpg 20220407_183651 (2).jpg
     
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  3. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    I have two of the GSA dollars. You couldn't pry them out of me for any price as my grandad gave them to me back in the day..... But I do think that is a very fair price. Not a steal, but a very fair number. I wish the obverse was as nice as the reverse, but it is still a nice coin. I believe you are being offered a very fair deal and could probably turn around and put it on Ebay and pick up a few dollars on the deal if you were inclined to do such a thing.
     
  4. Dynoking

    Dynoking Well-Known Member

    Its a shame that coin didn't get any love. Anyway a major wholesaler is paying $300 for that year MM in OGP with COA. It is your call if you want a '83 CC in MS 61.
     
  5. charley

    charley Well-Known Member

    Why haven't you paid for it, yet? I would have.
     
  6. expat

    expat Remember you are unique, just like everyone else Supporter

    Yes, the two I inherited are going nowhere while I am still here. Thanks for your opinion
     
  7. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Tad baggy (obverse) by the photos, but I have a feeling the coin will look better in hand.

    Reverse is lovely..........pull the trigger. :)
     
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  8. ifthevamzarockin

    ifthevamzarockin Well-Known Member

    Good price. ;)
     
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  9. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    No way is that coin is a '61.........
     
  10. Paddy54

    Paddy54 Well-Known Member

    Good price point...and deal imho.... does it come with all om packaging?
    If not let me know I'll be glad to send you a orginal government box. I have a few extras.....
    Just pm me and let me know...

    As for the purchase I would pull the trigger if I were in need of the specimen.
     
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  11. Insider

    Insider Talent on loan from...

    I agree. IMO, Commercial MS-62 ADL. The luster of CC dollars often outweighs the contact mark part of the grading equation.
     
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  12. expat

    expat Remember you are unique, just like everyone else Supporter

    Thanks for the offer. I e-mailed him about 30 mins ago to say I was interested. He is actually coming to our office on Saturday morning with the coin so I can see it in hand. He also included a pic of how it looks in the GSA packaging.
    20220407_201818 (2).jpg
     
  13. Paddy54

    Paddy54 Well-Known Member

    No worries my friend...glad you pulled the trigger.
     
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  14. Randy Abercrombie

    Randy Abercrombie Supporter! Supporter

    And just an FYI.... That government packaging is a big plus. Wish I would have known that when I was a kid and trashed my government packaging. Thanks to @One Mans Trash, mine once again have their OGP....
     
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  15. Two Dogs

    Two Dogs Well-Known Member

    Price sounds fair in today's market.
     
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  16. Mountain Man

    Mountain Man Well-Known Member

    With the documentation, I'd go for it, but as eye-appeal goes, if it were raw, I'd pass.
     
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  17. Mike Thornton

    Mike Thornton Learning something new everyday.

    I happen to have 3 of them. Two graded. I'd agree that this one is a 61, maybe on a very good day maybe a 62, but for my taste, she's a bit baggy. The price however is fair if you really want it.
     
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  18. Jim Dale

    Jim Dale Well-Known Member

    I don't need one, either. I got mine in a set a while back. I have an 1882CC/1883CC/1884CC in an NGC set. They are all graded MS65. I probably paid too much for them, but I thought it was neat to have those 3 in a set. ($1,500, I had only been collecting for a year.)
     
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  19. Millard

    Millard Coindog

    it has been my (limited) experience that coins that look like that in photos are typically due to contrast and the angle at which the photo was taken, and they look much better in-hand. And if this one doesn't I'd still buy it.
     
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  20. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter


    Précisément, mon ami........:)
     
  21. Jersey magic man

    Jersey magic man Supporter! Supporter

    Just no eye appeal on that coin for me.
     
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