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What is a 1880 S Morgan 1D NES MS67 worth?
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<p>[QUOTE="desertgem, post: 786818, member: 15199"]Looking at the photo, I suspect it is in the MS63-64 range unless the reverse is a real hummer. As such it would not be worth re grading. I am a little curious why the shop wouldn't tell you what they informally thought the grade was. With your stated interest in starting a Morgan collection, here are some possibilities. 1. Use this as the first coin and keep it in the holder to remind you of the need for gaining knowledge and reference capability. Don't feel bad about this coin. If it gives you the drive to be very careful and to know what you are doing, the full price will actually be a small price to pay for the future. Check to see if there are any coin clubs nearby. They can give you advice, support, and maybe even some nice coins. 2. Break it out of the holder and sell it as is. You might only get $20, but it is out of your sight. 3. Break it out and put it in an album and tell no one of your deed.4. Take it in holder to a coin show and ask for offers. Tell them you realize it isn't close to a MS67. If I was sitting there and someone asked me what I would offer, I would decline to offer if I thought you thought it really was a MS-67 and worth several hundred.</p><p><br /></p><p>personally I would take door #1, as my first Morgan was almost 40 years ago and no slabbing company was available then so I bought an AU slider as a MS-63. I still have it as I like to remember the wonderful and interesting journey it led me. Good luck, stick around!</p><p><br /></p><p>Jim[/QUOTE]</p><p><br /></p>
[QUOTE="desertgem, post: 786818, member: 15199"]Looking at the photo, I suspect it is in the MS63-64 range unless the reverse is a real hummer. As such it would not be worth re grading. I am a little curious why the shop wouldn't tell you what they informally thought the grade was. With your stated interest in starting a Morgan collection, here are some possibilities. 1. Use this as the first coin and keep it in the holder to remind you of the need for gaining knowledge and reference capability. Don't feel bad about this coin. If it gives you the drive to be very careful and to know what you are doing, the full price will actually be a small price to pay for the future. Check to see if there are any coin clubs nearby. They can give you advice, support, and maybe even some nice coins. 2. Break it out of the holder and sell it as is. You might only get $20, but it is out of your sight. 3. Break it out and put it in an album and tell no one of your deed.4. Take it in holder to a coin show and ask for offers. Tell them you realize it isn't close to a MS67. If I was sitting there and someone asked me what I would offer, I would decline to offer if I thought you thought it really was a MS-67 and worth several hundred. personally I would take door #1, as my first Morgan was almost 40 years ago and no slabbing company was available then so I bought an AU slider as a MS-63. I still have it as I like to remember the wonderful and interesting journey it led me. Good luck, stick around! Jim[/QUOTE]
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What is a 1880 S Morgan 1D NES MS67 worth?
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