Reply to Thread

Message:: [QUOTE="ziggy29, post: 13027, member: 1113"]Agreed.  And the funny thing is, at least to me, a high quality AU specimen is much more desirable than an MS-60 in most cases.  Whether or not I'd pay MS-60 money for a "slider" depends on the market for that particular coin and how attractive the "slider" was. For me as a Morgan collector, a nice slider is often much more attractive than a legitimate mint state piece.  I'll almost always take a nice AU-58 "slider" in my collection over a banged up, bagmarked or unevenly toned 60, 61 or even 62 -- and occasionally even over a typical 63.  Personally, if I can't afford at least an MS-63 in that collection, I'll start looking for the best AU-58s I can find.  Yes, sometimes I could afford a 61 or 62, but a really nice, lustrous, problem-free slider usually looks much more attractive to me and looks more in place with MS-63 to MS-65 coins.  If you collect for eye appeal and not just highest possible grade, a few of these "sliders" can represent great bargains compared to mint state coins.  Particularly in the Morgan series and some coppers, IMO, don't be surprised if you sometimes see the nicest looking AU-58s selling for as much as -- if not *more* than -- legitimate MS-60 pieces.  That's not as likely for "condition rarities" (for Morgans, think '84-S, '92-S, '96-O, '01 for example), but where MS-60s are common, the "gems with a trace of wear" aren't too common and are sometimes highly desired. A high quality slider is a very nice coin and usually very desirable -- as long as you didn't buy it expecting a "BU."  If you've paid AU money for a BU coin, the chances are nearly 100% that you'll receive an AU coin.[/QUOTE]

Create my FREE Account!

Log in or Sign up

Reply to Thread

Useful Searches