Message:

<p>[QUOTE=&quot;WingedLiberty, post: 1165007, member: 26030&quot;]Here&#039;s the answer ... </p><p><br /></p><p>On the 1883-O rainbow Morgan:</p><p><br /></p><p>###########</p><p>&nbsp;I paid <b>$197.50</b></p><p>###########</p><p><br /></p><p>[ATTACH]121067.vB[/ATTACH]</p><p><br /></p><p>Holy cow <span style="color: red"><b>redwin117</b></span> ... your guess of $195.25 practically hit it right on the head!</p><p>You are the winner!!</p><p><br /></p><p>(A number of you were close ... Great job!)</p><p><br /></p><p>The question is: is this a good deal?&nbsp; a fair price? or did I overpay?&nbsp; </p><p><br /></p><p>The seller told me he thought the &quot;market value&quot; was between $220 and $260 (after I bought the coin), but isn&#039;t true market value what it sells for? (Plus a seller will probably always overvalue his inventory).</p><p><br /></p><p>There&nbsp; were 13 bids on this coin, 4 bids over $150 and 2 bids over $190.&nbsp; So it appears the current &quot;market&quot; for this coin is in the $150s to $190&#039;s range (so perhaps a &quot;fair mean market value&quot; is around $175.00?) ... blu62vette you were smack dab on this mean market value range with your $175 guess ... (and many of you were very close!) ... so good job!&nbsp;&nbsp; </p><p><br /></p><p>For those with the really high guesses, thank you, they made me feel better -- however that might be reflective of a stronger market for rainbows and I think the rainbow market might be softening a bit? </p><p><br /></p><p>I thought this was a good candidate rainbow coin for me because I wanted striking obverse toning, price under $200, NGC grading, and a STAR designation (figuring if NGC thought it was exceptional visually, then it must look pretty good in hand).&nbsp; So the upshot is I was pretty happy with this.&nbsp;&nbsp; However to be fair, the coin is being shipped and I have not seen it in hand yet, it does have a 7-day return policy.</p><p><br /></p><p><b>oval_man</b>, thanks for the tip on the overly blue tab.&nbsp; I tried doing color adjustments in Photoshop to make the tabs on the right white, but then it made the coin look crazy.&nbsp;&nbsp; Also take note of the same overly blue tab in the reverse photo, where there is no tone (color) on the coin but just a fairly normal silver color.&nbsp; &nbsp; &nbsp; When I get the coin in hand, I will take another photo and post it just for comparison.&nbsp; Also I will let you all know if I decided to keep it or send it back for a refund after examining it in hand.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in