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<p>[QUOTE=&quot;Pocket Change, post: 633335, member: 8012&quot;]There&#039;s an interesting thread in the &quot;What&#039;s it worth&quot; section about an 1886-O Morgan that was purchased raw.&nbsp; After three pages of comments, the general conclusion is you basically CANNOT buy such a coin in MS state that isn&#039;t in a slab.&nbsp; If it isn&#039;t in a slab, there&#039;s probably something wrong with it or it&#039;s not MS (not my conclusion, but where the thread went).</p><p><br /></p><p>A couple people hit it on the head - everyone has a threshold where you reach the limit of your confidence in grading and determining authenticity where you basically will &quot;buy the slab&quot;.&nbsp; You&#039;re still buying the coin, of course, but it comes wrapped in a fizzy feel-good wrapper.[/QUOTE]</p><p><br /></p>

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