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Does this Morgan seem a little high $?

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BigDog

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Sep 14, 2009, 7:02:13 PM9/14/09
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http://cgi.ebay.com/1882-CC-GEM-BU-Ultra-DMPL-Black-White-Cameo_W0QQitemZ350243258533QQcmdZViewItemQQptZCoins_US_Individual?hash=item518c2000a5&_trksid=p3286.c0.m14

Hey guys! Just wanted an opinion from the more educated in the group.
This seems a little hight for an ungraded Morgan, at least to me.
What do ya'll think?

Bigdog

Mr. Jaggers

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Sep 14, 2009, 7:22:25 PM9/14/09
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The auction text is downright pukey. All the hype in the world won't get
you a PCGS slab.

I have no education in numismatics, only experience. My experience tells
me to run, not walk, away from this as fast as I can.

James the Hare


Peter

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Sep 14, 2009, 10:12:22 PM9/14/09
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On Sep 14, 7:22 pm, "Mr. Jaggers" <lugburzman[at]yahoo[dot]com> wrote:
> BigDog wrote:
> >http://cgi.ebay.com/1882-CC-GEM-BU-Ultra-DMPL-Black-White-Cameo_W0QQi...

>
> > Hey guys! Just wanted an opinion from the more educated in the group.
> > This seems a little hight for an ungraded Morgan, at least to me.
> > What do ya'll think?
>
> The auction text is downright pukey.  All the hype in the world won't get
> you a PCGS slab.
>
> I have no education in numismatics, only experience.   My experience tells
> me to run, not walk, away from this as fast as I can.
>
> James the Hare

Fuzzy and high contrast pictures are not a good sign. Like many CC
Morgan dollar coins it shows a lot random marks on the coin. I don't
really see why it would be worth more than $200. Claiming that it is
BU doesn't seem to to support the statement that it is 98 - 100% (of
what?). Fuzzy pictures are not evidence that it is uncirculated. A
heightened contrast in the photos suggests that the claim about "cameo
contrast" is just hype.

A nice fellow came to a coin fair in Assen, NL last year with a couple
of boxes full of Carson City dollars in the original GSA plastic
cases. He was happy to accept about $200 for each and I could pick
the ones I liked. I think I picked a nicer 1882 CC than that one.
Look around some more.

Michael Benveniste

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Sep 16, 2009, 10:29:40 PM9/16/09
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On Mon, 14 Sep 2009 16:02:13 -0700 (PDT), BigDog <Reb...@cox.net>
wrote:

>Hey guys! Just wanted an opinion from the more educated in the group.
>This seems a little hight for an ungraded Morgan, at least to me.
>What do ya'll think?

Ungraded or not, compare it to this coin at 1/5th the price.
http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160361320020

Unless the coin you are interested in is a previously unknown branch
mint proof, I can't see it being worth the asking price.

--
Mike Benveniste -- m...@murkyether.com (Clarification Required)
Don't succumb to the false authority of a tool or model. There
is no substitute for thinking.

Peter

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Sep 17, 2009, 5:56:54 PM9/17/09
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On Sep 16, 10:29 pm, Michael Benveniste <m...@murkyether.com> wrote:
> On Mon, 14 Sep 2009 16:02:13 -0700 (PDT), BigDog <Reb...@cox.net>
> wrote:
>
> >Hey guys! Just wanted an opinion from the more educated in the group.
> >This seems a little hight for an ungraded Morgan, at least to me.
> >What do ya'll think?
>
> Ungraded or not, compare it to this coin at 1/5th the price.http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=160361320020

>
> Unless the coin you are interested in is a previously unknown branch
> mint proof, I can't see it being worth the asking price.
>
> --
> Mike Benveniste -- m...@murkyether.com (Clarification Required)
> Don't succumb to the false authority of a tool or model. There
> is no substitute for thinking.

It may be the prettiest "CC" Morgan I've seen.

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