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Morgan Dollars: Why do we love them?

Johnny's Cartwheels


A nice type coin? Sure, they're pretty and desirable, but can you love them, and can you find them?

Yes, I know, Morgan collectors are nuts. We break out in a sweat at the sight of a frosty MS-67. We mortgage our house for that 66 DMPL cameo. But just ask us to fork over the cash for an MS-65 Type 1 Standing Liberty Quarter, and all of a sudden we're short on cash because we have to fix the car. Or we have promised the wife "no, honey, I'm done buying anything else for a while." Never admitting to ourselves that "that" quarter is truly a rare coin, and probably a great investment.


I admit to the illness. I just don't know how to stop it. No, it's not to the point where I need to attend a Morgan Nut Anonymous meeting. But I can visualize myself proclaiming "Hi, my name is John, and I'm addicted to VAM varieties. It's been 37 days since I bought a prooflike."


What I do need is for someone to explain to me why I find the things so darn fascinating. It's not the prettiest coin. A Walking Liberty half, or a Saint Gauden is pretty. It's not a rare coin. It's hard to swing a dead cat without hitting an 1880-S or an 84-CC. They're not a pristine coin. Everyone knows that if the same bagmarks on an MS-65 gem Morgan were on a type coin, it would make it an MS-60, and fast. I just can't put my finger on it. My wife thinks I'm nuts. She asks me "how can you look at those as much as you do? They're all the same. Sometimes I think you love them more than you do me." I usually respond by telling her that I'd like to submit her to see if she would cross-over to a blonde without a reduction in grade.


So just what is it? If anyone can forward me a rational explanation for why we Morgan Collectors are the way we are, it would go a long way towards bolstering my numismatic self-esteem.



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