J P M

I went to the bank today to exchange some rolls out that I have already searched, I do it weekly but lately I have been getting these mad scolding faces and being told that I can't buy any new coins only exchange what I already have. And then today the bank had no Quarters at all? So are we collectors doing it again and hording all the coins. I know we are not but the banks want to make me feel like it is something I am doing ? Is anyone else having these problems with getting coins.

22 hours ago, Mr.Bill347 said:

That is one beautiful coin JP 

Yes it is beautiful, nice reeded edge not much wear and it has a wonderful mirror type finish to it, to bad that at some point in the last 100 years someone thought it was not quite shiny enough and gave it a good polishing. It will never get a chance to be in a collection but it has a nice home on my desk and when guests or the grandchildren come over they can hold it and see what a 100 year old $1 Dollar coin looks and feels like. So that in itself makes it a great Morgan. The children can hold and feel the wonder and beauty of a time gone by.

I myself have not bid on any coins yet I have looked at GC and Heritage I was wondering ? I have seen extra charges? Is there a percentage you have to pay after winning a bid added on to the price you won it for? Thought I would ask seeing there sounds like many here that have used the auction system.   

I know I will never get my money back on my coins in my lifetime and I think there is a market for dated ASE's or there would not be a price chart of different values for different dates. I could have bought my whole ASE collection in 68 and 69 graded slab for between $1800 and $2200  but I bought them raw from dealers peace by piece for around $1500 it was more of a collection doing it that way and a lot more fun. And all my Morgan's I have paid 60 to 70 % less than there asking price but they are still common so no big deal there I just like what I got. I guess that is what it is all about in this collecting game. 

A dealer near me has lots of ASE's and Indian silver rounds and some 2 oz.  ASE's also, not sure why anyone would want a ASE without a date it is only bullion for sure? But with a date it can be considered collectable, gradable and go up in value.  

2 hours ago, James Zyskowski said:

Thank goodness the new Morgan’s will provide the 67-69 you need plus the almighty 70 will now be attainable. This ofcourse is the doorway to the original vs modern acceptance debate 

I myself would not consider a new Morgan or Peace part of any older collection, to me it is a commemorative coin celebrating the 100th anniversary of the original coins. Unless of course they are going to continue to produce them every year and then it would be in it's own collection.  I will eventually pick up a 2021 but for now I will look at my 1921

Well one thing is for sure Woods the roll was consistent with that many coins with the same MM. So I would say it was a roll from the mint or distribution center and not from someone's kitchen table 

It looks like the old MM was worn out so they made a bigger D MM and punched over the old D and gave it a run   

I have not ordered any of the type 2 yet waiting to see the price and who will advertise the cheapest first.?

On 7/9/2021 at 4:12 PM, Quintus Arrius said:

Well they will have a problem now what with the security chips embedded in slabs with Near Field Technology [NFT] One swipe with a smart phone is all it will take.  (Plus, for Set Registrants, a 3-day waiting period is mandatory before a slab can be added allowing the previous owner or seller time to confirm the legitimacy of the transfer. Nice Morgan and a nice grade!

Yes the new slabs will be harder but most of the stuff I am getting is older slab coins. NGC is pretty quick with the registry I submitted 3 coins yesterday and got approval this morning. Yes thanks for the complement Quintus the 1881 is a coin I have been looking around for at a good price. Not that it is rare coin far from it but I like the palindromic number and it seams others do also so it pushes the price up a bit at most dealers. Plus it is another MS to add to my Morgan collection I am trying to get one of each Morgan MS slab grade from 60 to 69 so far I have  a MS 63,64,65 the lower numbers left to get will be more reasonable than the last  higher grades 66,68, and 69 may be out of my ballpark I would think ,we will see.   

15 hours ago, Lem E said:

Very nice! So are you saying you don’t want to trade for my beautifully toned piece??? 

Yours is worth more  you have a crack

7 minutes ago, Quintus Arrius said:

What about the redaction? What exactly are you, and other collectors afraid of?

I see a lot of people blank out the bar code numbers to help keep the counterfeiting down to a minimum ? The bad guys are copying slabs now Quintus.

On 7/1/2021 at 12:13 AM, Lem E said:

Certainly doesn’t take long for coins to get nasty. Big ole tasty die crack for ya JP. (Obverse rim to mintmark)

Well I finally found one today, a little cleaner than yours Lem  

Got another sweet deal today for $65 ,the slab is a little scratched but a MS63 is ok by me

The 1957 set was made up maybe from a broken proof set but the others I would leave them unbroken . 

I am new at this grading but I would say it is the wear on the hair not the face that makes the 64+ the better hair is my guess.

On 7/3/2021 at 5:23 PM, Fenntucky Mike said:

Don't know but here's one from down the road.

Sandwich Mini Golf is not to far away. I may have to check it out.

7 hours ago, Coinbuf said:

 Yep @Woods020 is correct I meant 80% of retail, hands were typing faster than the brain was going.

That makes me feel better all my purchase's of special or slab coins have been in that range or lower so far. But then again most of the stuff I have is not worth huge money 

I also looked at this exact coin as a comparison you mentioned previously and thought it was not a very good example of a MS67 it must belong to a relative of the grader at PCGS 

I also do not see a MS coin here there is to many small nicks and scratches also a lot of hair lines missing, and the Eagle head, shield and tail feathers all have a lot of wear. and without seeing it on a angle it may also have been cleaned. Sorry just my opinion

It looks like it has been plated , It has extreme wear on the reverse but the bust on the obverse is super clean.

6 minutes ago, Hoghead515 said:

Those were my exact thoughts. Someone had it taped to something at one time or another. 

My Father-in-law used to do that with pennies and other coins a lot and sometimes the glue ate into the coin forever leaving a mark