Morgan Roll Gamble.. CW article

Thanks for the update.

 

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After 2013 is closer to the mark.

After 2016 closer yet.

 

Probably true, but my point is still the same...this could NOT have been an original roll from 1879.

 

upon closer inspection I would say that the 1879 is a MS65

 

The article said he paid $2400. What's the additional $500? Auction fee? grading?
On the plus side the entire roll are mid MS grades, it could have been worse.
But clearly, it was not "unsearched".
Good post. A good read.

 

Yeah, auction fee of $480 was mentioned further on.

Cal

 

Sorry to burst bubbles but this actually came from EBAY
M1

 

To quote the Redbook on 1893-S Morgans: "Authentication is recommended".

Cal

 

I am just in a chop bustin mood, BUT it did come from EBAY and what does the Redbook know ??. I am trading it for a new Veyron.
M1

 

Uh-huh.

 

I feel like you doubt my word and that hurts.
Marines only lie about the size of their.............................Pistol!!!
M1

 

I like how the article points out how coin rolls such as these are economically bad for both the buyer and the seller. Either the seller is selling something below the true value, or the buyer is buying it for above its true worth. The ONLY reason these rolls are popular is the same reason people buy lottery tickets. The hope of the unknown.

 

I dont understand this analogy. A 1909 lincoln on one side of the roll and a 1909 S on the other?

 

@TavernTreasures The rolls are put together with a mystery coin visible on each end that MIGHT be valuable. I.e. a reverse showing the VDB and an obverse showing 1909S. Either of them COULD be 1909S VDBs. They aren't, and the rest of the roll is mediocre 1940s and 1950s, so it's the come-on.

 

I'll trade two of my Vipers for that '93 S.

 

I am sorry I meant an Indian head on the other side, showing an S, (1908, 1909 only possibilities) the 1908 being a semi key date but the 1909 being super rare.
And people paying more than the roll is worth, hoping for the 1909.

 

The probability that so many of these rolls have CC enders, key dates, and "higher" MS grade Morgans explained so well w/o much explanation...lol

 

Seeded for the uneducated.

 

SOLD, you have a deal and ill even throw in the shipping envelope from China post.
M1

 

I think your mistaken about your dating