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What's the right price for a 1885-CC
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<p>[QUOTE="Paul M., post: 2541264, member: 73165"]There are a lot of variables at play here. Just a few are: CAC sticker or no? PL, DMPL, or no? GSA or no? Any interesting VAM? Is it a + or * grade? (And, if you don't know what any of those are, you should learn before buying an 1885-CC Morgan in MS65!)</p><p><br /></p><p>In this case, the coin looks nice, but I suspect it doesn't have a CAC sticker, and it definitely isn't PL or DMPL. I'll assume the VAM is not premium-worthy, and it doesn't look like a + grade to me. It seems to be a PCGS holder, which rules out both GSA and * grades.</p><p><br /></p><p>So, we're looking at a generic MS65 1885-CC. </p><p><br /></p><p>If you go<a href="http://www.pcgs.com/auctionprices/details.aspx?r=7160&v=&dv=1885-cc&pf=ms&c=744&g=0" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/auctionprices/details.aspx?r=7160&v=&dv=1885-cc&pf=ms&c=744&g=0" rel="nofollow"> here</a>, you see the coin seems to trade frequently, since there are 67 sales in the past year. That means you can afford to wait for a nice one. Ignoring GSA coins, prices range from $1528 (for what looks like a possibly undergraded NGC coin) down to $881. The lowest priced one I was able to click through to and see a picture of was $940, for a really low end, ugly coin (but, hey, it says MS65 on the label!).</p><p><br /></p><p>I would say that for a solid MS65, you're probably into $1250-$1300 at least. You can easily pay more for a better coin.</p><p><br /></p><p>My actual advice is to not buy this coin, unless you light your cigars with $100 bills. A $1000 mistake is kind of a big deal for a lot of people. Look at more coins (go to show, shops, browse internet auctions, etc), and aim for a $100 coin instead of a $1000 coin. Use some of the money you didn't spend to buy a few books. You'll be better off in the end. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="Paul M., post: 2541264, member: 73165"]There are a lot of variables at play here. Just a few are: CAC sticker or no? PL, DMPL, or no? GSA or no? Any interesting VAM? Is it a + or * grade? (And, if you don't know what any of those are, you should learn before buying an 1885-CC Morgan in MS65!) In this case, the coin looks nice, but I suspect it doesn't have a CAC sticker, and it definitely isn't PL or DMPL. I'll assume the VAM is not premium-worthy, and it doesn't look like a + grade to me. It seems to be a PCGS holder, which rules out both GSA and * grades. So, we're looking at a generic MS65 1885-CC. If you go[URL='http://www.pcgs.com/auctionprices/details.aspx?r=7160&v=&dv=1885-cc&pf=ms&c=744&g=0'] here[/URL], you see the coin seems to trade frequently, since there are 67 sales in the past year. That means you can afford to wait for a nice one. Ignoring GSA coins, prices range from $1528 (for what looks like a possibly undergraded NGC coin) down to $881. The lowest priced one I was able to click through to and see a picture of was $940, for a really low end, ugly coin (but, hey, it says MS65 on the label!). I would say that for a solid MS65, you're probably into $1250-$1300 at least. You can easily pay more for a better coin. My actual advice is to not buy this coin, unless you light your cigars with $100 bills. A $1000 mistake is kind of a big deal for a lot of people. Look at more coins (go to show, shops, browse internet auctions, etc), and aim for a $100 coin instead of a $1000 coin. Use some of the money you didn't spend to buy a few books. You'll be better off in the end. :)[/QUOTE]
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What's the right price for a 1885-CC
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