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<p>[QUOTE="GDJMSP, post: 1334475, member: 112"]I guess that depends on how you define "good". Let's put it this way, it's pretty common to be able to buy slabbed, common date, 63 Morgans for around $50. It is even more common to be able to buy raw, common date, 63 Morgans for just over melt. So while $60 may be a fair price, it is not exactly what I would call a "good" price.</p><p><br /></p><p>For me personally, a coin being slabbed has never been a prerequisite for me to buy it. But that's because I can almost always look at a coin and tell if it is a problem coin or not. But I realize that not everybody can do that. So it is often a better choice for many people to only buy slabbed coins.</p><p><br /></p><p>However, contrary to popular opinion, a slabbed coin is not worth any more than an equal raw coin - to an educated buyer. Go to any respectable dealer, offer him 2 coins of equal condition and grade - 1 slabbed and 1 raw. He will offer you the same price for both coins. So would I if I were buying. Or - if you are looking to buy from that same respectable dealer - he will ask the same price for both the raw coin and the slabbed coin. So would I if I were selling.</p><p><br /></p><p>But in the coin market there are many buyers who believe that a slabbed coin is worth more than a raw coin. And they will pay more for the slabbed coin. But that does not mean that the slabbed coin is worth more. It only means that those buyers are uneducated and are over-paying for the coin.</p><p><br /></p><p>A coin being slabbed by NGC or PCGS absolutely makes it easier to sell that coin. But being slabbed does not make it worth any more than its equal, raw, counterpart.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1334475, member: 112"]I guess that depends on how you define "good". Let's put it this way, it's pretty common to be able to buy slabbed, common date, 63 Morgans for around $50. It is even more common to be able to buy raw, common date, 63 Morgans for just over melt. So while $60 may be a fair price, it is not exactly what I would call a "good" price. For me personally, a coin being slabbed has never been a prerequisite for me to buy it. But that's because I can almost always look at a coin and tell if it is a problem coin or not. But I realize that not everybody can do that. So it is often a better choice for many people to only buy slabbed coins. However, contrary to popular opinion, a slabbed coin is not worth any more than an equal raw coin - to an educated buyer. Go to any respectable dealer, offer him 2 coins of equal condition and grade - 1 slabbed and 1 raw. He will offer you the same price for both coins. So would I if I were buying. Or - if you are looking to buy from that same respectable dealer - he will ask the same price for both the raw coin and the slabbed coin. So would I if I were selling. But in the coin market there are many buyers who believe that a slabbed coin is worth more than a raw coin. And they will pay more for the slabbed coin. But that does not mean that the slabbed coin is worth more. It only means that those buyers are uneducated and are over-paying for the coin. A coin being slabbed by NGC or PCGS absolutely makes it easier to sell that coin. But being slabbed does not make it worth any more than its equal, raw, counterpart.[/QUOTE]
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Good price for a morgan?
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