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<p>[QUOTE="pa1979, post: 324325, member: 10978"]1. I am aware of this. My plan for now has been to purchase more coin on the cheap. I was trying to get my hands on some examples so I could see the differences......or to try and see the differences. I have the Red book, and figure that if I can get a few Morgans off of ebay cheaper than what they list for in the book....then I am not really throwing my money away. I am not purchasing lower end coins for monetary reasons.....I was trying to learn while getting my hands on "something".</p><p> </p><p>2. The learning to grade the whizzed cleaned and artifically toned coins.....this is the problem. I have not seen enough examples. Which brings me back to buying cheap off of ebay.</p><p> </p><p>3. Budget/desire.....I mentioned going to a coin store....this is what happened. Really I want a 1878 8tf in ms64 or higher. I figured at or around $400 for a 64 would be a good starting point. I go to the local shop, (have been there before...I have a hoard of silver coin) and peek around...trying to see if there is a 8tf ms64 on display. Lo and behold, I find one. I ask to see it. "Ohhh, that is a really rare coin.....especially a 64". I say "nice...can I see it". It was in an ngc slab...(red book says 400). The coin was free of nicks and dents....but overall looked "scratched...or rubbed". It wasnt as nice as I had expected it to be from what I have seen in the books. How much? The guy wanted $350. I walked out. I figured that I could get something better, and if it was so special....why would it still be there...and why for $50 less than list? </p><p> </p><p>I dont mind paying. I just want to pay for something I like. On ebay, I grade conservatively, and then put a low bid in. If I win, Sweet!! If not, I nkow there will be another in a few minutes. There is no mad rush to win a bidding war. </p><p> </p><p>4. Cherrypicking....must do more research. That is why I am here typing.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /></p><p> </p><p>5. Red Book...Check</p><p> </p><p>6. Leroy Van Allens Book....is this the one that mentions the "VAM's"? Or just a more in depth version of my Red Book Guidebook of Morgan Silver Dollars? Either way, I will get it.</p><p> </p><p> </p><p>Back to the beginning though?? I figured that the coin I posted fell between au55+ / ms62....it is a large gap but am I close?? </p><p> </p><p> </p><p>Thanks everyone. I'll type less next time.[/QUOTE]</p><p><br /></p>
[QUOTE="pa1979, post: 324325, member: 10978"]1. I am aware of this. My plan for now has been to purchase more coin on the cheap. I was trying to get my hands on some examples so I could see the differences......or to try and see the differences. I have the Red book, and figure that if I can get a few Morgans off of ebay cheaper than what they list for in the book....then I am not really throwing my money away. I am not purchasing lower end coins for monetary reasons.....I was trying to learn while getting my hands on "something". 2. The learning to grade the whizzed cleaned and artifically toned coins.....this is the problem. I have not seen enough examples. Which brings me back to buying cheap off of ebay. 3. Budget/desire.....I mentioned going to a coin store....this is what happened. Really I want a 1878 8tf in ms64 or higher. I figured at or around $400 for a 64 would be a good starting point. I go to the local shop, (have been there before...I have a hoard of silver coin) and peek around...trying to see if there is a 8tf ms64 on display. Lo and behold, I find one. I ask to see it. "Ohhh, that is a really rare coin.....especially a 64". I say "nice...can I see it". It was in an ngc slab...(red book says 400). The coin was free of nicks and dents....but overall looked "scratched...or rubbed". It wasnt as nice as I had expected it to be from what I have seen in the books. How much? The guy wanted $350. I walked out. I figured that I could get something better, and if it was so special....why would it still be there...and why for $50 less than list? I dont mind paying. I just want to pay for something I like. On ebay, I grade conservatively, and then put a low bid in. If I win, Sweet!! If not, I nkow there will be another in a few minutes. There is no mad rush to win a bidding war. 4. Cherrypicking....must do more research. That is why I am here typing.:) 5. Red Book...Check 6. Leroy Van Allens Book....is this the one that mentions the "VAM's"? Or just a more in depth version of my Red Book Guidebook of Morgan Silver Dollars? Either way, I will get it. Back to the beginning though?? I figured that the coin I posted fell between au55+ / ms62....it is a large gap but am I close?? Thanks everyone. I'll type less next time.[/QUOTE]
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