rainbow morgan-astronomical price: worth it?

Discussion in 'US Coins Forum' started by buffet1193, Mar 21, 2006.

  1. buffet1193

    buffet1193 New Member

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  3. Charlie32

    Charlie32 Coin Collector

    Welcome to the forum. Why did you buy the coin if you don't like it.

    Charlie
     
  4. GDJMSP

    GDJMSP Numismatist Moderator

    Howdy buffet - Welcome to the Forum !!


    Since you're asking, I'd send it back. Yeah, it's a pretty coin and would probably deserve a premium. But THAT MUCH of a premium ? :confused:

    I like toned coins as much as anybody, but even I have a limit as to how much I would be willing to pay for one. Especially when an untoned example graded 2 grades higher - MS66 - sells for a fraction of the cost. CLICK HERE

    And here is a gorgeously toned example, again in MS66, that you could have bought for half the price you paid for the Teletrade coin. CLICK HERE I will agree that toning is a subjective preferrence and that what appeals to one may not appeal to another, but I think this coin is even prettier - just my opinion.

    So yeah, I'd send it back.
     
  5. buffet1193

    buffet1193 New Member

    Hi,

    I just got off the phone with Teletrade. They will allow me to return the coins via registered mail with NO penalty. So I escape the bullet THIS time. Thanks.
     
  6. GDJMSP

    GDJMSP Numismatist Moderator

    Glad to hear of the happy ending buffet. Now if I may make a suggestion - do a bit of research before bidding next time. Or - just ask here ;)
     
  7. Just Carl

    Just Carl Numismatist

    Glad to hear of the happy ending buffet. Now if I may make a suggestion - do a bit of research before bidding next time. Or - just ask here
    I agree. And welcome aboard.
     
  8. tcore

    tcore Coin Collector

    Buffet, welcome to the board!

    Just to get the story straight...so, you are the one that bought the coin on Teletrade for $1,850 + fees? And what, you bought an example of the same year/mintmark/graded coin back a few years ago for $3000?, or was it a different year/MM/graded coin back in '03?

    Teletrade does have pretty good return policies. I like buying things on Teletrade, but I'll tell you what, some of the bidding for certain items has gotten out of hand lately. I just have to take a step back and make sure not to get too caught up in the frenzy. e.g. I've been watching some Walking Liberties lately and they've been going for a good 1/3 more over what they went for a month or so ago.
     
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