1893 S Morgan dollar.

[CHABSENTIA]

I was reading in the November 26th issue of coin world where on October 4th at the first annual coin show that somebody just walked up to a dealer there with a roll (20) 1893-S Morgan dollars.They ranged in grade from Fine to Extremely fine .

 

The article doesnt state whether it was the same customer but that the same dealer also appraised rolls of 1883 S and 1884 S Morgan Dollars.

[kryptonitecomics]

I would imagine that the roll was put together some time ago by some shrewed collector........certainly should pay off handsomely if they ever decide to sell.

 

Rolls of 1883-S and 1884-S wouldn't be too bad to have around either......if I had the money to start assembling key date rolls of anything I would but if I had that kind of cash....I probably wouldn't have to save for a rainy day

[TomB]

The 1883-S and 1884-S are common coins in circulated condition so it is not difficult to put a roll of these together. The 1893-S is quite expensive, but also readily available. However, the roll of 1893-S Morgans is still an accomplishment.

[Tradedollarnut]

The 1893-S is really only 'rare' in the context of Morgan dollars. Tain't rare at all in the context of seated coinage.

[James_OldeTowne]

I'd bet you can go to any decent sized coin show and put together a roll of 1893-S Morgan dollars, given deep enough pockets. Though it really is the key to a circulated business-strike set, it is an overly hyped rarity.

 

A roll of 1895 Morgans - now that would be something to brag about!

[Tradedollarnut]

I'd rather have an 1893-S than an 1895 any day of the week. The 1895 is a child in this collecting day - not part of the circulation strike set nor particularly rare as a proof.

[BillJones]

I'd bet you can go to any decent sized coin show and put together a roll of 1893-S Morgan dollars, given deep enough pockets. Though it really is the key to a circulated business-strike set, it is an overly hyped rarity.

 

A roll of 1895 Morgans - now that would be something to brag about!

 

There are a couple of fairly small, "medium cap" dealers who make a point of having a selection of 1893-S dollars. The grades range from ANACS VG to NGC EF. The coin is farily common. Only the prices have gone through the roof.

[James_OldeTowne]

My preference for the 1895 over the 1893-S has nothing to do with "rarity" or "value". Neither is a rare coin, though both are expensive. But the 1895 has a "coolness factor" that the 1893-S doesn't. In other words, it's the intangibles that are important to me (in this case).

[cpm9ball]

The 1893-S is really only 'rare' in the context of Morgan dollars. Tain't rare at all in the context of seated coinage.

 

And seated coinage isn't rare when compared to an 1849 Double Eagle. Big deal!

 

Chris

[CHABSENTIA]

The article went on to say that the prices for each would range from $3000.00 to $15,000.00 depending on which grade for the 1893S.So we are talking about a good piece of change.

 

It would seem to me that the person did not spend his whole life collecting just the 1893S.I would imagine that this is just a small part or he was checking for somebody else. Maybe they were part of an inheritance. The article did say that he was going to send in a few of the better pieces for grading.

 

It would seem logical that if he took them to the show to have then appraised by a dealer that he was not too sure of the value . The dealer probably picked out the few to be graded.