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Talking about pricey coins!!!! (CC Morgans)
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<p>[QUOTE="MorganFred, post: 34037, member: 1779"]Well, they've already been sold once on eBay (last month), but I guess the buyer backed out. I finally sat down and, using the PCGS price guide, listed the values for the MS-65s, -66s, and -67s; I have no guidelines for MS-68s and didn't want to take the time to research -68s further. But, the 11 Morgans in 65 thru 67 total $517,500. I won't hazard a guess at the three -68s since live auctions often surprise people, but the 81-CC is a top population with only two others, the 84-CC is top pop with only three others, and the 91-CC is at THE top and is unique.</p><p><br /></p><p>The provenance must also be considered when assessing valuation. While in earlier listings of this auction he had one or two Eliasbergs, the value isn't particularly diminished by substitution of the Jack Lee PCGS Tour Morgans.</p><p><br /></p><p>So, yes, I would think the collection would be worth a million bucks. If I had a million bucks that was just sitting around collecting dust, I'd probably buy it.</p><p><br /></p><p>I strongly suspect he's using this auction as a promotional and advertising gimmick. It certainly caught my attention when it first came out several months ago. BTW, he's in my old Alma Mater (Cornell) town of Ithaca, NY, a hotbed of Morgan collectors and where I knew one who had several THOUSAND Morgans (this was mid-60s). It wouldn't surprise me that one or two in this auction are home-grown.[/QUOTE]</p><p><br /></p>
[QUOTE="MorganFred, post: 34037, member: 1779"]Well, they've already been sold once on eBay (last month), but I guess the buyer backed out. I finally sat down and, using the PCGS price guide, listed the values for the MS-65s, -66s, and -67s; I have no guidelines for MS-68s and didn't want to take the time to research -68s further. But, the 11 Morgans in 65 thru 67 total $517,500. I won't hazard a guess at the three -68s since live auctions often surprise people, but the 81-CC is a top population with only two others, the 84-CC is top pop with only three others, and the 91-CC is at THE top and is unique. The provenance must also be considered when assessing valuation. While in earlier listings of this auction he had one or two Eliasbergs, the value isn't particularly diminished by substitution of the Jack Lee PCGS Tour Morgans. So, yes, I would think the collection would be worth a million bucks. If I had a million bucks that was just sitting around collecting dust, I'd probably buy it. I strongly suspect he's using this auction as a promotional and advertising gimmick. It certainly caught my attention when it first came out several months ago. BTW, he's in my old Alma Mater (Cornell) town of Ithaca, NY, a hotbed of Morgan collectors and where I knew one who had several THOUSAND Morgans (this was mid-60s). It wouldn't surprise me that one or two in this auction are home-grown.[/QUOTE]
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