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<p>[QUOTE="superc, post: 1836119, member: 44079"]If you are doing this for investment or hopes of earning a living by someday opening your own shop, I would really avoid anything not slabbed, and confine any such purchases to Ampex. Thus far I have more or less agreed with Ampex when they label something Morgan VG, but even their Mint State stuff is usually slabbed.</p><p><br /></p><p>If however you are doing it for fun, yes occasionally a raw coin bought on Ebay is indeed every bit as good as the seller said it was. Maybe 20 - 30% of the time. All too often however the pictures don't show the scratches from where someone used an 800 grit emery cloth on the coin (for instance) to remove tarnish or the damage to the reed on the edge, or some other defect that makes you realize you should have spent $50 more and gotten the MS slabbed one instead. Rules of thumb. Avoid BAD photos. Avoid claims of AU in a raw coin. (How many changes of ownership qualify a Morgan to still be AU?) Check buyer feedback. There is one prolific seller of Higher Grade coins, whose profile has only a few negative comments, but they are telling. Accusations of buffing the coins are in his profile. LoL, be wary of such sellers. Such coins will probably never be slabbed and spend their existence moving from unwary customer to the next unwary buyer.[/QUOTE]</p><p><br /></p>
[QUOTE="superc, post: 1836119, member: 44079"]If you are doing this for investment or hopes of earning a living by someday opening your own shop, I would really avoid anything not slabbed, and confine any such purchases to Ampex. Thus far I have more or less agreed with Ampex when they label something Morgan VG, but even their Mint State stuff is usually slabbed. If however you are doing it for fun, yes occasionally a raw coin bought on Ebay is indeed every bit as good as the seller said it was. Maybe 20 - 30% of the time. All too often however the pictures don't show the scratches from where someone used an 800 grit emery cloth on the coin (for instance) to remove tarnish or the damage to the reed on the edge, or some other defect that makes you realize you should have spent $50 more and gotten the MS slabbed one instead. Rules of thumb. Avoid BAD photos. Avoid claims of AU in a raw coin. (How many changes of ownership qualify a Morgan to still be AU?) Check buyer feedback. There is one prolific seller of Higher Grade coins, whose profile has only a few negative comments, but they are telling. Accusations of buffing the coins are in his profile. LoL, be wary of such sellers. Such coins will probably never be slabbed and spend their existence moving from unwary customer to the next unwary buyer.[/QUOTE]
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