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<p>[QUOTE="medoraman, post: 1603300, member: 26302"]Derik, in response to your OP, The SA penny prices was for circulation issues, and the coin they sold was one of only 20 proofs struck. HA messed up and listed prices of a coin that was irrelevant to the coin being sold. Many of the others are high grade MS, and you are comparing them to BU prices. You know as well as I BU can be pretty darn ugly, so you are comparing prices for beat up, scratched ugly BU versus high end pretty examples. Look up the price difference between many morgan dollars in ugly MS60 and high end 64 or 65 prices. That is MAINLY what you are noticing here.</p><p><br /></p><p>Yes, KM is not always current, but a lot of these coins rarely sell. I would rather them conservative than wildly guessing what something may be worth. Not defending them, but at least the KM catalog told you a scruffy BU is better than average, and that is its job. It cannot tell you how high is high for a superlative coin, since they have no way of knowing.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1603300, member: 26302"]Derik, in response to your OP, The SA penny prices was for circulation issues, and the coin they sold was one of only 20 proofs struck. HA messed up and listed prices of a coin that was irrelevant to the coin being sold. Many of the others are high grade MS, and you are comparing them to BU prices. You know as well as I BU can be pretty darn ugly, so you are comparing prices for beat up, scratched ugly BU versus high end pretty examples. Look up the price difference between many morgan dollars in ugly MS60 and high end 64 or 65 prices. That is MAINLY what you are noticing here. Yes, KM is not always current, but a lot of these coins rarely sell. I would rather them conservative than wildly guessing what something may be worth. Not defending them, but at least the KM catalog told you a scruffy BU is better than average, and that is its job. It cannot tell you how high is high for a superlative coin, since they have no way of knowing.[/QUOTE]
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