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<p>[QUOTE="ziggy29, post: 15210, member: 1113"]That's the spirit! <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /></p><p><br /></p><p>One thing I sometimes do is look through auctions for PCI-graded Morgans. Once upon a time, for at least part of their "green label" era, PCI's grading was rather conservative and often crossed over to PCGS at the same grade and sometimes even one point higher. </p><p><br /></p><p>After that point, through some ownership changes and such, PCI's reputation started declining as they started overgrading a lot of coins. Most of these are in the red or gold labels. Many people throw out the baby with the bathwater, buying the holder and not the coin, and some properly graded, very nice green-label PCI coins are sold for a fraction of the PCGS/NGC prices. I got a really nice 1892-O Morgan, MS-63 and with a fabulous strike (that date is usually pitifully struck), for a little more than MS-60 money because of the slab. It's at NGC now and I fully expect it to come back as a 63. </p><p><br /></p><p>If it's not in a green label, I usually pass, but if it's in a green labal, I look more closely at the coin. There are certainly some bargains there. Though maybe I should keep that a dirty little secret and reduce the competition. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="ziggy29, post: 15210, member: 1113"]That's the spirit! :D One thing I sometimes do is look through auctions for PCI-graded Morgans. Once upon a time, for at least part of their "green label" era, PCI's grading was rather conservative and often crossed over to PCGS at the same grade and sometimes even one point higher. After that point, through some ownership changes and such, PCI's reputation started declining as they started overgrading a lot of coins. Most of these are in the red or gold labels. Many people throw out the baby with the bathwater, buying the holder and not the coin, and some properly graded, very nice green-label PCI coins are sold for a fraction of the PCGS/NGC prices. I got a really nice 1892-O Morgan, MS-63 and with a fabulous strike (that date is usually pitifully struck), for a little more than MS-60 money because of the slab. It's at NGC now and I fully expect it to come back as a 63. If it's not in a green label, I usually pass, but if it's in a green labal, I look more closely at the coin. There are certainly some bargains there. Though maybe I should keep that a dirty little secret and reduce the competition. ;)[/QUOTE]
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