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<p>[QUOTE=&quot;Kryptonitecomic, post: 1037574, member: 26784&quot;]Oh how right you are my friend.....I did indeed want to use this as an example for several reasons.</p><p><br /></p><p>#1 It was purchased on ebay and the image certainly did not convey how nice the coin was but based on my krypto goggles and knowing how to interpret bad images I felt confortable placing a low but solid bid. I can&#039;t see to find the original image which showed color but the picture was little more than a thumbnail at it&#039;s largest viewing capacity.</p><p><br /></p><p>#2 This is a great example of how dates really play a key roll in buying toned coins for those that specialize in Morgans. it was mentioned that the grade (MS65) wasn&#039;t anywhere near a top pop so that would hurt the value but the reality is really contrary to what was pointed out when toning is factored in. If this was a monster toned MS65 1880-S then it would have been worth a fraction of the price....but based on the fact that this is most likely in the top 5 nicest toned Gem or better 1883-P morgans on the planet a strong premium would be required to own it. So looking at pop reports for 1883-P&#039;s will not necessarily help you determine premiums for toned material but certainly the rarer the coins date and mint mark...the lower the toning premium usually is.</p><p><br /></p><p><br /></p><p>So...I bid and won this coin for $585 on ebay several years ago and I believe I might have been the only bidder...can&#039;t remember for sure but I believe opening bid was what $585. When the coin arrived in the mail I had no idea where it came from and litterally though someone had made a mistake until I verified the cert# matched the coin I won on Ebay....that&#039;s how much of a difference there was in overall appearence.</p><p><br /></p><p>So now we can see that amoung the multitude of other things that factor in to evaluating toned coin values is the &quot;rip&quot; factor if you will. I have done this dozens of times on ebay over the past 12 years so if we were trying to determine a market value for the coin I posted...using $585 (the purchase price) would be completely inaccurate. This is further illustrated when I add in the fact that a month after I won the coin I sold it via private sale to another knowledgable toned Morgan collector for $3000.[/QUOTE]</p><p><br /></p>

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