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Help grading/appraising a 1897-O morgan dollar
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<p>[QUOTE="BooksB4Coins, post: 1817181, member: 36230"]Selling it for more than you paid means nothing; beyond the fact that BU was only stating what <i>he</i> would pay, there are countless coins sold every day for more than they are worth, so this does not automatically make X coin worth $X just because Joe Schmoe paid $X. Considering the date/mint, I am not at all surprised that someone paid a premium above what you did, even with severe problems, but if this buyer thinks they have something worthy of a definite premium because they paid one, they <i>are</i> in for a surprise.</p><p><br /></p><p><br /></p><p><br /></p><p>You’re making assumptions and over generalizing. In its most basic form, what one pays for silver, gold, or anything else depends only on what the involved parties agree to. Owning a "Cash4Gold", a shop, or what have you does not automatically dictate who can buy for X amount.</p><p><br /></p><p><br /></p><p><br /></p><p>This statement directly contradicts what you just said. If everyone knew enough to go to “<i>whoever will give them the most</i>” when it comes to silver, surely they’re smart enough to do the same with gold. Unfortunately, we both know this is not the case, and is the very reason such lowball gold buyers both exist and profit.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 1817181, member: 36230"]Selling it for more than you paid means nothing; beyond the fact that BU was only stating what [I]he[/I] would pay, there are countless coins sold every day for more than they are worth, so this does not automatically make X coin worth $X just because Joe Schmoe paid $X. Considering the date/mint, I am not at all surprised that someone paid a premium above what you did, even with severe problems, but if this buyer thinks they have something worthy of a definite premium because they paid one, they [I]are[/I] in for a surprise. You’re making assumptions and over generalizing. In its most basic form, what one pays for silver, gold, or anything else depends only on what the involved parties agree to. Owning a "Cash4Gold", a shop, or what have you does not automatically dictate who can buy for X amount. This statement directly contradicts what you just said. If everyone knew enough to go to “[I]whoever will give them the most[/I]” when it comes to silver, surely they’re smart enough to do the same with gold. Unfortunately, we both know this is not the case, and is the very reason such lowball gold buyers both exist and profit.[/QUOTE]
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Help grading/appraising a 1897-O morgan dollar
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