I think I paid too much again...

I may have paid too much again... I bought this coin at a coin show. At $450.00, some dealers there said they thought I got a good deal. (or course what would another dealer say?). The reasons I like it, for one it is a DMPL. At the show other dealers called this a Dimple. I is also graded, not by only PCGS but has a CAC sticker. It is also a CC Dollar! I don't know the exact mintage on this coin but I do know that not many were struck in Deep Mirror state.
I just saw the black and white cameo and fell in love with the coin. It is only a MS-63, but , I love the coin. However some may think $450.00 is too much. Unless they saw that money in THIER pocket.
In short, we are all numistmatist, we love coins and although it can be a very expensive hobby, we can't help but love it.
thank you for reading.

 

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I see no complaints there..... beautiful coin for an alright price to me. Congrats!

 

Well you paid full PCGS prices guide money which is considered to be somewhat inflated, but you're right, there just aren't that many DMPLs out there. So if you like it, you did just fine.

 

Thanks to all!

 

Definitely worth a premium...you did well;-)

 

I know a dealer friend just sold his for $375 without the CAC.... I think you did fine.

 

Top money , but that's the way to get the truly nice looking coins . I like it .

 

For a 63 the cheek is cleaner than most and with the dmpl $450 is a good price

 

It is full guide price but some coins depending on the desirability will fetch even more.

 

If you're happy with the coin, and the price you paid, then that's all that matters. And I agree with @KoinJester it looks cleaner than a lot of other 63DMPL's in the pictures.

 

Although one can pay more than any so-called "market price" it is not rationally possible to "pay too much" for a coin--any coin. A coin is worth whatever someone is willing to pay for it. If you want the coin more than you want the 450 dollars then you didn't overpay.

 

I like the coin.

 

Bottom line is you love the coin. You bought the coin for the right reason.

it is higher end for the grade assigned, as stated already pretty clean cheek and the coin has a great look.

 

I agree with others. Listen, a "market price" by definition will have some specimens going for below, as well as specimens going for more. Every coin is unique. Those collectors who always want "deals" and always want to pay "below Red Book" will nearly by definition walk away from this hobby with a bunch of below average coins.

Yes, you need to do due diligence on pricing, but the simple truth is that superior coins for their grades bring superior prices. If you truly want quality, you have to be prepared to pay above average prices for it. I like your coin.

 

Looks good to me and I think you did ok $ wise.Congrats

 

Sorry, but you got took. I would not have paid anywhere near that much for this coin. It may be worth $450 in another 10 years if inflation continues at it's current pace, but is not worth that much today. That dealer saw you coming wearing a sign that read "soft touch" across your chest.

 

Very attractive coin and I'm not really a huge Morgan fan but I'd be proud to own that one fantastic coin. I think we all overpay at times and underpay others. But barring instances of grossly overpaying if you're happy with the coin that's really all that matters imo.

 

I personally do not always consider the price I pay. If I like the coin and it fits in my collection I'll buy it and don't look back , this is a good way to look at this situation, too many collectors turn away great coins in fear they are being taken ,life is to short to worry about paying to much, just do it.
Ron W.

 

got took , hardly ... looks like a great coin good $$$

 

You saw the coin, you loved it, you bought it. Now all is OK in your coin world.