What's the grade and value of this Morgan?

Discussion in 'What's it Worth' started by OnEWB, Mar 28, 2016.

  1. OnEWB

    OnEWB Active Member

    please and thank you
     

    Attached Files:

  2. Avatar

    Guest User Guest



    to hide this ad.
  3. dwhiz

    dwhiz Collector Supporter

    25 about $110.00
     
  4. OnEWB

    OnEWB Active Member

    That's what I thought. Coin dealer only offered $50.
     
  5. dwhiz

    dwhiz Collector Supporter

    $110. is retail so a dealer would offer less, $50 is low.
     
  6. Santinidollar

    Santinidollar Supporter! Supporter

    I don't know if I'd give that one a 25. I'd be inclined (maybe incorrectly) to say 20. But even if I'm right, a $50 offer is a no-go.
     
    Last edited: Mar 28, 2016
  7. OnEWB

    OnEWB Active Member

    Hey did give me this for $72
     

    Attached Files:

    Santinidollar likes this.
  8. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I'm sorry, but that coin is no VF25.

    It's a raw low grade Morgan and Carson or not, people rarely beat down the door to pay full retail for such coins. Maybe on ebay, I don't know, but face-to-face, I highly doubt it would be a quick sale at $110. While the guy may have been able to come up some, his $50 offer doesn't strike me as unrealistic as its being made out to be. On a $50 buy, in order to make it worthwhile, one needs either an instant flip or reasonable timely return; a few bucks just doesn't cut.

    I don't know the guy or his market, or where his average selling prices are in relation to supposed "retail" or elsewhere, but these are things that right should be taken into consideration before judging if an offer was fair or not. The highest buy offer isn't automatically the best, especially if coming from someone who treats you well on the selling end. Just always be sure to look at the big picture.
     
    OnEWB and ddollard58 like this.
  9. afantiques

    afantiques Well-Known Member

    I'd grade that as Fine. Books summary is spot on.
     
    ddollard58 likes this.
  10. SuperDave

    SuperDave Free the Cartwheels!

    VAM-17, and VG10-ish. $50 isn't unreasonable for a dealer offer.
     
    ddollard58 likes this.
  11. buddy16cat

    buddy16cat Well-Known Member

    Best to go to a show to sell it and go with the dealer that will offer the most.
     
Draft saved Draft deleted

Share This Page