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<p>[QUOTE=&quot;Numismatist47, post: 912955, member: 24577&quot;]Since these coins were sold in auctions, you really can&#039;t go by what was received on price as sometimes people can get caught up in the moment and not use judgement when bidding on an item they really want, and often times the last bid is just way out of sight for the actual value of the item. </p><p>&nbsp;</p><p>Case in point: I was at a live estate auction recently, and there was a major lot of coins to be auctioned off, a lot of the Morgans were rare CC&#039;s. Bidding started rather slow, about $100 below FMV, and in some instances, started even lower than that. Once things got started, it was a frenzy of bidding. 1 Morgan 1881-CC MS-60 went for $1100. It was unreal. Personally that coin has a FMV of about $450. </p><p>&nbsp;</p><p>Had your friend sold these out right with a firm asking price, it might be more realistic as to what he/she actually received to determine how much was paid for the coin&#039;s toning.[/QUOTE]</p><p><br /></p>

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