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<p>[QUOTE=&quot;WingedLiberty, post: 1189704, member: 26030&quot;]In terms of the cost for this coin, there are two answers to that question ....</p><p><br /></p><p><span style="color: royalblue"><b>In terms of &quot;retail price&quot;, it was priced at <u>$1380</u></b></span>&nbsp; </p><p><span style="color: gray">($1380 is $100 over the ngc/numismedia price guide that lists an MS67 (no star, no toning) 1886 Morgan for $1280)&nbsp; </span></p><p><br /></p><p><span style="color: royalblue"><b>However my &quot;out of pocket cost&quot; for this coin was closer to <u>$850</u></b></span></p><p><br /></p><p>The reason for the confusing math is I acquired <b>TWO</b> toned Morgans by making an <span style="color: seagreen">even swap</span> for a 2009 American Gold Eagle that I paid $1000 for in 2009, which is how I calculated my &quot;out of pocket&quot; cost.&nbsp; So I didn&#039;t actually hand over any cash for these two toned Morgans, just a Gold Eagle that I bought 18 months ago for $1000.&nbsp; The second coin I got in the swap was a beautifully toned 1883 NGC MS64 that I valued around $150.&nbsp; </p><p><span style="color: yellowgreen"><br /></span></p><p><span style="color: yellowgreen"></span> <span style="color: seagreen">I like using gains in bullion coins to fund my (generally) &quot;money losing&quot; hobby of collecting rare coins, which is why I love having bullion around!</span></p><p><br /></p><p>The dealer valued my bullion gold eagle at $1530, proceeds that was swapped for the two toned Morgans.</p><p><br /></p><p>In any case, the price really doesn&#039;t matter that much to me.&nbsp;&nbsp; I bought this coin because I loved it (that&#039;s the best reason to buy a coin), and I have no interest in selling it. </p><p><br /></p><p>The thing about these toned coins is they are unique, and you just can&#039;t go out in the market place and find one like it ... (like you could do for a brilliant white uncirculated coin, where there are thousands available).&nbsp;&nbsp; This is a one-of-a-kind item.&nbsp; How much is that worth?&nbsp; Who knows!</p><p><br /></p><p>Good guesses on the price, <b>coinguy</b> and <b>zach</b>!&nbsp; You were both close. </p><p><br /></p><p><b>lkeigwin</b>, post yours ... I&#039;d like to see it.&nbsp;&nbsp; I love looking at these high grade morgans.[/QUOTE]</p><p><br /></p>

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