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TXTim
Penny Hoarding Member
629 Posts |
 Posted - 07/23/2009 : 18:22:03
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No complaints here! 
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Beer is my currency. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 07/23/2009 : 18:22:51
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| Who in the heck is Segs? |
Trolling is an art. |
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TXTim
Penny Hoarding Member
629 Posts |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 07/23/2009 : 18:27:47
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| Another no named company. They charge a pretty penny compared to NGC and PCGS |
Trolling is an art. |
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Kurr
1000+ Penny Miser Member
2906 Posts |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 07/23/2009 : 18:49:44
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| I probably would too, but I don't know Morgans |
Trolling is an art. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/23/2009 : 19:28:11
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quote:
Originally posted by Kurr
i'd give 20 for a cc even if elmo graded it!
Yeah and an 1899 in any condition for $20 is a steal too. Very nice finds!! |
My hobby: collecting real money 1 copper cent or nickel at a time.
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 07/23/2009 : 21:20:54
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| nice find! people having some luck today |
Inquiring minds want to know |
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fb101
Administrator
USA
2856 Posts |
Posted - 07/23/2009 : 21:36:01
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| Nice going? How'd you talk her into that? |
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slickeast
1000+ Penny Miser Member
USA
2533 Posts |
Posted - 07/23/2009 : 21:44:15
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quote:
Originally posted by Kurr
i'd give 20 for a cc even if elmo graded it!
Mickey Mouse or Scooby-Doo
Who cares....you got a great deal |
You don't have to be the BEST you just have to be.......SLICK
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 07/23/2009 : 21:56:58
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quote:
Originally posted by fb101
Nice going? How'd you talk her into that?
It was the other way around and she was ready for me.
It was pickup day and I said I don't collect slabs.
There was a gold 1859 $1 on the table that was slabbed AU55 that I turned down - asking $250.
I said if you don't want the Morgans, I'll give you $20 apiece.
No problem!
Not being a Morgan guy, it was shocking to see how much they were worth on ebay. That 1899 is pretty special with the low mintage! |
Beer is my currency. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/23/2009 : 21:59:07
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| Did she say where she got them from? I can't imagine a customer was dumb enough to bring them in and try to deposit them, but you never know... |
My hobby: collecting real money 1 copper cent or nickel at a time.
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L1011
Penny Collector Member
310 Posts |
Posted - 07/23/2009 : 22:44:15
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| Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible |
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highroller4321
1000+ Penny Miser Member
USA
2648 Posts |
Posted - 07/23/2009 : 23:00:52
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| Wow thats one heck of steal! |
Copper Penny Investing
www.portlandmint.com |
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daviscfad
1000+ Penny Miser Member
USA
1664 Posts |
Posted - 07/23/2009 : 23:24:20
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quote:
Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible
especially for a MS-CC |
Inquiring minds want to know |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/23/2009 : 23:41:17
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quote:
Originally posted by daviscfad
quote:
Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible
especially for a MS-CC
Even the 1899 in MS-62 lists at about $300 or so. I think TXTim should buy the next round of drinks for everyone.  |
My hobby: collecting real money 1 copper cent or nickel at a time.
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 07/24/2009 : 07:18:08
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quote:
Originally posted by L1011
Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible
My policy is don't ask, don't tell. I have no idea and was only concerned with the deal at hand, as always. She had them for quite a while and told my wife about them about a month ago. She brought them from home yesterday because she knew I'd be picking up an order of coins. I was under the impression that she just wanted me to tell her what they were worth. They probably weren't deposited or else the other tellers would have said something. She was peddling them openly and no one else was interested. |
Beer is my currency. |
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Neckro
1000+ Penny Miser Member
Saudi Arabia
2080 Posts |
Posted - 07/24/2009 : 10:05:14
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quote:
Originally posted by CoinHunter53562
quote:
Originally posted by daviscfad
quote:
Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible
especially for a MS-CC
Even the 1899 in MS-62 lists at about $300 or so. I think TXTim should buy the next round of drinks for everyone.
That's if it is actually that grade. |
Trolling is an art. |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 07/24/2009 : 10:28:49
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quote:
Originally posted by Neckro
quote:
Originally posted by CoinHunter53562
quote:
Originally posted by daviscfad
quote:
Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible
especially for a MS-CC
Even the 1899 in MS-62 lists at about $300 or so. I think TXTim should buy the next round of drinks for everyone.
That's if it is actually that grade.
Yeah that goes without saying. Even in G-4 (which clearly it's not) it lists on numismedia as having a fair market value of $104. Even at EF, it lists at $201. Judging from the picture, it looks to be AU or better so whatever the grade, he got a great deal on it. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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Silver Surfer
Penny Pincher Member
USA
148 Posts |
Posted - 07/24/2009 : 18:01:40
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quote:
Originally posted by TXTim
quote:
Originally posted by L1011
Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible
My policy is don't ask, don't tell. I have no idea and was only concerned with the deal at hand, as always. She had them for quite a while and told my wife about them about a month ago. She brought them from home yesterday because she knew I'd be picking up an order of coins. I was under the impression that she just wanted me to tell her what they were worth. They probably weren't deposited or else the other tellers would have said something. She was peddling them openly and no one else was interested.
Well, I could not, in good conscience, pay only $20 for those CC Morgan's knowing she did not know how much they were truly worth. I would have at least told her the range of their value. After telling her this information, if she had still been fine with letting them go for $20 per Morgan, then I could buy them from her with a clear conscience.
I think that would have been the right thing to do.
But, you definitely got a great deal. No doubt about it. |
"Of all tyrannies, a tyranny exercised for the good of it's victims may be the most oppressive. It may be better to live under robber barons than under omnipotent moral busy-bodies. The robber baron's cruelty may sometimes sleep, his cupidity may at some point be satiated; but those who torment us for our own good will torment us without end, for they do so with the approval of their own conscience." - C.S. Lewis |
Edited by - Silver Surfer on 07/24/2009 18:05:54 |
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TXTim
Penny Hoarding Member
629 Posts |
Posted - 07/24/2009 : 22:42:11
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quote:
Originally posted by Silver Surfer
quote:
Originally posted by TXTim
quote:
Originally posted by L1011
Is that the story? someone brought these in to deposit them? Damn!!!! $20 for a CC Morgan? Incredible
My policy is don't ask, don't tell. I have no idea and was only concerned with the deal at hand, as always. She had them for quite a while and told my wife about them about a month ago. She brought them from home yesterday because she knew I'd be picking up an order of coins. I was under the impression that she just wanted me to tell her what they were worth. They probably weren't deposited or else the other tellers would have said something. She was peddling them openly and no one else was interested.
Well, I could not, in good conscience, pay only $20 for those CC Morgan's knowing she did not know how much they were truly worth. I would have at least told her the range of their value. After telling her this information, if she had still been fine with letting them go for $20 per Morgan, then I could buy them from her with a clear conscience.
I think that would have been the right thing to do.
But, you definitely got a great deal. No doubt about it.
Very clear conscience here.
She was thrilled and concerned that I may have not been happy with the deal.
Like I said, I am not a Morgan or slab guy and 20X face was all I wanted to pay for a nice silver dollar - I can buy AU's for $15 all day at the dealer for a Morgan or Peace dollar.
She was thrilled.
I had NO idea what I had until I looked at ebay values.
She also told me she had gone to a dealer and was not happy with the offer.
Win - Win!
Both of us are guilty of being ignorant.
I'm glad you weren't with me at the time.
You probably would have trumped me by $5 with a clear conscience!
and... I would have walked away not knowing any better, nor would I have cared.
Would you have a clear conscience if I offered them to you for $50 apiece? |
Beer is my currency. |
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HoardCopperByTheTon
Administrator
USA
6807 Posts |
Posted - 07/25/2009 : 02:14:45
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| Congrats on a great deal Tim! |
If your percentages are low.. just sort more. If your percentages are high.. just sort more.
Now selling Copper pennies. 1.6x plus shipping. Limited amounts available. |
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PreservingThePast
1000+ Penny Miser Member
USA
1572 Posts |
Posted - 07/26/2009 : 19:11:10
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AWESOME!!!
Continued Success. |
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Had to give my teller $20 each for these
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