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Topic: Gaffed Coin Price
Message: Posted by: mrmagik68 (Jul 7, 2009 02:26AM)
Hey guys,
Yesterday I contacted one of the top coin gaffers, of whom I will not disclose any names but anyway, I inquired about the price and availability for a custom 'soft' Morgan Dollar Shell set. I was given the price of $425. I thought Morgan shell sets went for about $300 or so. Do you guys think $425 is a lot for this kind of set or is that the going price? Thanks.

Message: Posted by: rutabaga (Jul 7, 2009 08:45AM)
Depends what you mean by "custom". If you're asking for all the same dates and patina with an unexpanded shell and four cut-down coins, I can see that costing more than an expanded, varied date Morgan sst. Call the other gaffer and see what price you get.
Message: Posted by: Pete McEwen (Jul 7, 2009 09:35AM)
With the demand and the challenge of finding four well matched soft morgans... I would say it's reasonable, and if you plan on using them, well worth it...

Message: Posted by: MickeyPainless (Jul 7, 2009 10:47AM)
And to think each coin was once only worth a dollar! ;)
Message: Posted by: mrmagik68 (Jul 7, 2009 10:56AM)
The set I inquired about was a Morgan Dollar Shell set (shell with four matching coins), no matching dates or cut-down coins. And yes I agree with you, had there been some 'extras' involved I could understand the higher price.

Pete, I think what you stated about the challenge of finding well matched soft Morgans as well as the demand does make a lot of sense. I just thought that price was a bit high, having seen these sets go for around $300. I fully understand and have some awareness of the time and detail involved in making these coins and I have no problem paying good money for quality work. I just wanted to throw this out to the Café members who know a lot more about custom gaffed coins than I do.

I'm going to reach out to the other coin gaffer and get a price quote. I'm ready to make this purchase, I just don't want to pay more than I should. Ruta/Pete, thanks for your response guys!

Message: Posted by: NicholasD (Jul 7, 2009 04:22PM)
When I got my first one from one of the major gaffers five years four or five years ago, it was $300.00. I'm sure that the higher price is partly just an increase over time.
Message: Posted by: GeorgeG (Jul 7, 2009 04:30PM)
Not sure who is asking that much, but the standard price on an expanded soft Morgan set is $300 from my favorite gaffer. I have paid $425 for an unexpanded shell set with four remilled coins PLUS a matching locking sliding shell.
Message: Posted by: CamisBoss (Jul 7, 2009 04:30PM)
Interesting... I bought an expanded set with unmatched dates, soft patina, used off the sale forums here about 5 or 6 months ago. It's a Schoolcraft set. I got it for $200.
Message: Posted by: Judah Vee (Jul 7, 2009 09:40PM)
I bought my set from Mark Mason and Bob Swadling...... I called Mark and had him match a flipper to the shell set as well...you might try him... my set was $225.(not including the flipper) Heres a link:



Message: Posted by: mrmagik68 (Jul 8, 2009 02:57AM)
Well gentlemen,
I called the 'other' top coin gaffer and after multiple attempts I finally got a hold of him. Turns out he has a few Morgan shell sets available ready to ship and quoted me $300 for the set (plus shipping). So, I'll be sending him a check tomorrow and wait patiently for my Morgans to arrive!

I checked out that site, those Mason Morgans look hot! What's the quality of those coins like? At $225, I'd snatch a set or two if the workmanship was good!

Message: Posted by: gilttrip (Jul 8, 2009 10:14PM)
It's very easy to make all your coins match. Soak them in bleach till they are black. After they are dry use some paste wax and steel wool and lightly rub the high points on the surface. Do them all lightly at first till you get the patina you like. But what do I know.
Message: Posted by: Sammy J. (Jul 8, 2009 10:49PM)
It's always scary to try to adjust the patina of coins. I recently bought a Lassen sh**l and five matching coin set of Victorian Pennies for $80.00. These coins were all from 1900 and before and were very dark. I carefully used Weiman metal polish to bring shine to the high points. They came out beautfully. I just keep looking at them and saying "Wow, these are awesome". Now if I could only come up with a routine I like! David Neighbors has been helping me find something within my ability. I have some great soft Morgans and hope to get a matching sh**l someday.

Message: Posted by: MickeyPainless (Jul 8, 2009 11:35PM)
If I read this right, you ordered an expanded shell and 3-4 unmatched coins?
Why not just a shell for 120-150 then head to the local coin shop with shell in hand? The average price (based on silver prices) from the "cull" box is 12 to 20 bucks each! You should be able to get 4 of matching date and patina (or age em yourself) coins that fit and match your gaff!

If my math is correct it should run ya between $180-210.00 (if you get the reg. coins at $15 a piece)!

Just my thoughts on the matter,

Message: Posted by: Mb217 (Jul 9, 2009 06:05AM)
I don't use gaffed coins that much but I guess price is relative. I was just thinking of Mick's comment about them once just being worth a $1. :D

Clearly these gaffed coins/sets are great works but I have found that most times if coins look pretty much alike that they are considered by specs to look the same. And once they begin following the magic, their minds do not follow dates and slight differences in patina, etc. Just my view.

I know magicians like things nice and neat and orderly and they like to collect things but I don't know, seems a bit of overkill at times IMHO. But this is coming from the guy that prefers the 50 cent cup of coffee from the cart on the street over the $5 Latte from Starbucks. I suppose both have there place...in us. :)
Message: Posted by: Wes65 (Jul 9, 2009 08:26AM)
On 2009-07-07 11:47, MickeyPainless wrote:
And to think each coin was once only worth a dollar! ;)

True, but five dollars back then probably went farther than $425.00 today.