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<p>[QUOTE="Lehigh96, post: 950096, member: 15309"]Doug,</p><p><br /></p><p>Without seeing the reverses of the coins I will guess that these MS66 1902-O Morgan Dollars were as follows:</p><p><br /></p><p>1) $373.75 This coin is basically dreck and is low end for the assigned grade. It will always trade at or below sheet.</p><p>2) $431.25 I like this coin and think it is solid for the grade but there are a number of luster grazes on the cheek. High grade Morgan collectors focus on a clean cheek so I will guess that this coin did not drive a premium</p><p>3) $632.50 The photo makes it very difficult to interpret the luster and toning but the cheek is very clean and I can see a coin like this getting a premium.</p><p>4) $920.00 A PQ MS66 and deserving of a premium price. My guess is that the buyer of this coin is hoping for and crackout upgrade.</p><p><br /></p><p>I would like to point out Doug that the price range for a given coin is going to be much larger when the next grade up or down shows a huge price difference. The 1902-O Morgan Dollar in MS67 is $6,000 making the lure of an upgrade for a PQ MS66 worth a nice premium.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 950096, member: 15309"]Doug, Without seeing the reverses of the coins I will guess that these MS66 1902-O Morgan Dollars were as follows: 1) $373.75 This coin is basically dreck and is low end for the assigned grade. It will always trade at or below sheet. 2) $431.25 I like this coin and think it is solid for the grade but there are a number of luster grazes on the cheek. High grade Morgan collectors focus on a clean cheek so I will guess that this coin did not drive a premium 3) $632.50 The photo makes it very difficult to interpret the luster and toning but the cheek is very clean and I can see a coin like this getting a premium. 4) $920.00 A PQ MS66 and deserving of a premium price. My guess is that the buyer of this coin is hoping for and crackout upgrade. I would like to point out Doug that the price range for a given coin is going to be much larger when the next grade up or down shows a huge price difference. The 1902-O Morgan Dollar in MS67 is $6,000 making the lure of an upgrade for a PQ MS66 worth a nice premium.[/QUOTE]
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