How did I do?? 1894o Morgan Dollar

Discussion in 'Coin Chat' started by coinman1234, Mar 28, 2015.

  1. coinman1234

    coinman1234 Not a Well-Known Member

    I went to my local coin shop when I saw what looked like an 1894P Morgan Dollar. I'm thinking at the moment, "WOW!!! For $35 that is the deal of the year!" I asked the dealer to look at it and I saw that it is an "O" mintmark. I quickly bought it because that was one of the few dates he had the I did not have in my collection. The dealer laughed when he saw that he messed up on the case and that said he would doubt he would get an 1894p in.

    Anyways, How do you think I did?? Any ideas on a VAM also?
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    IMG_20150328_120439.jpg
     
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  3. Mintstate70

    Mintstate70 New Member

    coinman you got the coin at a good price. I spent a little bit more money but your coin is in better condition. I also bought a 1893 o and 1895 o and spent several hundred dollars per coin. good hunting

    mike
     
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  4. Tom B

    Tom B TomB Everywhere Else

    It has a pretty severe scrape in the field by star nine, but I like the coin anyway.
     
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  5. Mikey Zee

    Mikey Zee Delenda Est Carthago

    I agree....You got a really good deal!! Congrats!!!
     
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  6. Mikey Zee

    Mikey Zee Delenda Est Carthago

    AH yes, the ding...Well, that drops the grade a bit but if it still hits a high fine, it usually sells for about $40-$50

    One of those rare cases where a coin purchased can be immediately resold for at least what you paid for it and probably at a profit too!!

    Most of us have to factor in shipping and high retail--- apparently you do not...

    So, I still think you did extremely well!!
     
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