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<p>[QUOTE="BooksB4Coins, post: 2362689, member: 36230"]First, I appreciate the clarification; thank you.</p><p><br /></p><p>Now, and I just have to mention this, not to defend anyone but for the sake of fairness; $23.57 isn't "just above melt", but I certainly understand your point. With that said though, it is a raw common Morgan that appears to have a possible spotting issue (my apologies, but I cannot tell for certain from the photo), and paying even wholesale 64 money isn't a wise business move if there is anything open to question. One thing stuck out about your post... that it was the dealer's "nephew" who made the offer and the dealer himself who previously gave the grade opinion. I doubtfully know these people, but it is possible that the nephew isn't trusted enough to make detailed buying decisions on raw coins, and is authorized to make only gen unc offers. Again, I don't know but is a possibility; just as it can be risky for a collector when buying raw, the same can be true for a dealer relying on possibly less experienced help. Also, when judging offers, it is best to always do so, when possible, in context, and should be fairly easy with something like this. His sell (not tagged) price on a comparable coin would be a better indicator of how "reasonable" the offer was as opposed to comparing to that of another dealer. If anything though, I wouldn't pass judgment until/unless I could place that same coin in front of the owner.</p><p><br /></p><p><br /></p><p>I realize this is on a side note, but if simple preservation is your goal, CoinWorld/Amos "standard" (old ANACS-style) holders are as good as a slab and cost just over a buck the last I knew. Oddly enough, the so-called "premium" holders are utter junk, but the aforementioned really are quite nice.[/QUOTE]</p><p><br /></p>
[QUOTE="BooksB4Coins, post: 2362689, member: 36230"]First, I appreciate the clarification; thank you. Now, and I just have to mention this, not to defend anyone but for the sake of fairness; $23.57 isn't "just above melt", but I certainly understand your point. With that said though, it is a raw common Morgan that appears to have a possible spotting issue (my apologies, but I cannot tell for certain from the photo), and paying even wholesale 64 money isn't a wise business move if there is anything open to question. One thing stuck out about your post... that it was the dealer's "nephew" who made the offer and the dealer himself who previously gave the grade opinion. I doubtfully know these people, but it is possible that the nephew isn't trusted enough to make detailed buying decisions on raw coins, and is authorized to make only gen unc offers. Again, I don't know but is a possibility; just as it can be risky for a collector when buying raw, the same can be true for a dealer relying on possibly less experienced help. Also, when judging offers, it is best to always do so, when possible, in context, and should be fairly easy with something like this. His sell (not tagged) price on a comparable coin would be a better indicator of how "reasonable" the offer was as opposed to comparing to that of another dealer. If anything though, I wouldn't pass judgment until/unless I could place that same coin in front of the owner. I realize this is on a side note, but if simple preservation is your goal, CoinWorld/Amos "standard" (old ANACS-style) holders are as good as a slab and cost just over a buck the last I knew. Oddly enough, the so-called "premium" holders are utter junk, but the aforementioned really are quite nice.[/QUOTE]
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