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re: Tips from MT Coin Collectors

Posted on 1/4/13 at 12:11 pm to
Posted by LSURussian
Member since Feb 2005
126962 posts
Posted on 1/4/13 at 12:11 pm to
quote:

1883 Morgan rated MS
quote:

the Morgan had a price tag of $50 which he sold me for $40


I have an 1883 Morgan, New Orleans ("O") mint, in uncirculated condition that I bought on eBay last year for $43 + $2.00 shipping & handling.

I also have an 1884 O Morgan (uncirculated condition) that I bought on eBay for $46 + $2.50 S&H.

On the other hand, I bought an 1883 Morgan in VF condition for $34 + $0 S&H, so.....

I think, based on eBay auctions, that "O" minted coins are a little more collectible and therefore a little higher priced.

So I believe you did just fine on the Morgan. You definitely did not get hosed on it.

I don't know about the other coins you referenced.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 1/4/13 at 12:24 pm to
quote:

LSURussian


Well, thats good! I thought based on seeing some pricing from APMEX that I did not get hosed completely but I just was not sure.

Do you happen to collect currencies or are you solely coins?

Also, to the group, what coins/currencies that are in circulation now do you being worth anything? For example, the gold presidential dollars?
Posted by drewnbrla
The Pool is closed.
Member since Mar 2011
7839 posts
Posted on 1/4/13 at 12:46 pm to
quote:

I think, based on eBay auctions, that "O" minted coins are a little more collectible and therefore a little higher priced.


New Orleans minted Morgan's can typically have a higher price tag due to the strikes on the Morgans weren't very good and very few came out of New Orleans with good strikes compared to those minted in San Francisco, Philadelphia, Denver and Carson city. But at the same time, New Orleans minted Morgan's cost less on average than those from other mints because of the high volume of Morgan's that were minted in New Orleans.
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