Can It Be True?

[MunkyMan95]

THE Finest Morgan EVER For Sale on eBay???

I couldn't believe my eyes! A supposedly MS69 PL Morgan for sale on eBay! Something's gotta be wrong here... any opinions?

[MikeInFL]

Not a bad grade for a dipped coin.

[Jazzy]

90K for that kind of condition rarity is probably fair in the current market,

 

HOWEVER...

 

I suspect some slab altering here.

 

Why do we only see a shadow of the PCGS insert on the reverse....and it looks downright tampered with......??

 

I hope the bidders that have brought it up to 20K at least requested a better pic before they put their two cents in.

 

Gawd I'm sooooo glad I got kicked out of eBay. In retrospect, It was a blessing in so many ways. This is exactly the kind of auction that got me in trouble in the past.

[MunkyMan95]

I looked up the cert # on PCGS's website, but that does not mean the coins weren't switched, I don't guess.

[mengwe716-migration]

big deal. theres nothing to stop the seller from taking the money and not delivering the product. ive been had like that before and it will never happen again.

[Bruceswar]

This is not a scam, its a legit auction. That coin has changed hands many times. If I am correct this is the 2nd time around on ebay for it. I bet that coin is a stunner in hand.

[MunkyMan95]

If only I had a spare $90k laying around...

[Bruceswar]

even if I did... I would pass on the coin. with that money I would buy up all the early American coinage I could get my hands on

[MunkyMan95]

Yeah, I don't think that I would spend $90k on a single coin, regardless of grade. Maybe I would spend $90k on a 1913 V nickel (If only they were $90k) but probably not on a morgan.

[Bruceswar]

there are quite a few coins I would drop that kinda money on, bu thats not one

[MunkyMan95]

What coin would you possibly spend $90k on? Maybe I'm just drawing a blank, but I can't think of one.

[gmarguli]

It's a cool coin, but for that type of money you can have a roll of MS67 Deep Prooflike ones...or 1 MS67DPL and $85K worth of other coins.

[Bruceswar]

It's a cool coin, but for that type of money you can have a roll of MS67 Deep Prooflike ones...or 1 MS67DPL and $85K worth of other coins.

 

I agree with you..... I would buy as many 1792 Disme as I could locate or Early dollars, so many possibilities

[MunkyMan95]

Yeah I guess you guys are right, but MS 69 is pretty awesome...

[Spillway-migration]

Ninety large? Certainly not for a Morgan, even though if it's genuine I'd love to see it in person.

 

For that kind of money, I'm thinking more in the range of a Porsche 911.

 

 

James

the idgit

[michael]

a common coin with much plastic value around it

 

also if you are the successful bidder on that coin do not break it out of its respective holder then you will lose tens of thousands of dollars

 

also something stinks in denmark as bids but no bidders and all in secrecry

 

more games than bids

 

sleezbay you gotta luv it

[James_OldeTowne]

I don't think coins like that are really listed on eBay with much hope of selling. It is, however, an excellent (and cheap) form of national advertising .

 

James

[Jason W-migration]

Here it is from January at Heritage

 

http://coins.heritageauctions.com/common/view_item.php?Sale_No=394&Lot_No=3283&src=pr

 

Says it went for $80,500

[cybersharque-migration]

This is the coin geek's equivalent of "my johnson is bigger than your johnson."

 

"My johnson is more distinguished."

 

I just wish that all of these <colorful.expression.of.your.choice> would just acquire a cocaine habit and leave those of us who do NOT have _too much money_ to our coin habits.

[TomB]

My opinion is to agree with Michael on this one, which is not such a bad idea for us to think about when dealing in coins, and to shy away from a piece that demands so much of its value from the grade on the insert. Obviously, the grade on the insert plays an important part in the dynamic of pricing for all slabbed coins, but I like to buy coins that do not need the certification to retain their value.

 

I think the auction is legitimate and I would venture that the coin is truly beautiful in-hand.