J P M Posted October 1, 2021 Share Posted October 1, 2021 (edited) I picked up a 2.5 a while back and I happen to notice something funny about the rim it looked like it had a stud on it and been used as a necklace and then removed at some point. I talked to the dealer and he said just bring it back and I will take care of you. I wanted another gold pc to replace the cull 2.5 So He hooked me up with these two items at a real deal So good in fact it was like getting the Morgan for free. Edited October 1, 2021 by J P Mashoke The Neophyte Numismatist and Alex in PA. 2 Link to comment Share on other sites More sharing options...
Mr.Bill347 Posted October 1, 2021 Share Posted October 1, 2021 Very nice JP! Wow 😮 Isn’t that Morgan one of the “O” over “CC” coins? I got these today 1916 St. Gaudens Mercanti signed National Park commemorative which NGC will not allow me to add to the registry for some reason a 1981 British QEII CHARLES/DIANA commemorative, I think the only coin with Diana on it and a beautiful 1957 wheatie J P M and Mikhail2400 2 Link to comment Share on other sites More sharing options...
RWB Posted October 1, 2021 Share Posted October 1, 2021 On 10/1/2021 at 4:33 PM, Mr.Bill347 said: 1916 St. Gaudens Mercanti signed National Park commemorative which NGC will not allow me to add to the registry for some reason It is not a coin - merely a medal with a date. Mr.Bill347 and Alex in PA. 1 1 Link to comment Share on other sites More sharing options...
J P M Posted October 1, 2021 Author Share Posted October 1, 2021 Nice stuff Bill Mr.Bill347 1 Link to comment Share on other sites More sharing options...
J P M Posted October 1, 2021 Author Share Posted October 1, 2021 (edited) On 10/1/2021 at 4:33 PM, Mr.Bill347 said: Isn’t that Morgan one of the “O” over “CC” coins? Yes Bill, It was in that batch of CC's that coin store near me just got in. I have been working on a turn of the century Morgan set and I have always wanted a 1900 O/CC but way to rich for my pocketbook. But I saw this VF25 and it looked really nice almost a 30 so I could not pass it up. I like odd stuff. Edited October 1, 2021 by J P Mashoke Link to comment Share on other sites More sharing options...
Mr.Bill347 Posted October 1, 2021 Share Posted October 1, 2021 (edited) On 10/1/2021 at 5:32 PM, RWB said: It is not a coin - merely a medal with a date. I know but all my commemoratives are in my registry except this one. Valid I’d but won’t accept it in the registry. Edited October 1, 2021 by Mr.Bill347 Link to comment Share on other sites More sharing options...
Mikhail2400 Posted October 1, 2021 Share Posted October 1, 2021 On 10/1/2021 at 6:07 PM, J P Mashoke said: a 1900 O/CC Ive never heard of the O/CC Morgan. How can you tell thats what it is and just what does it mean when you say its a O over CC coin?? Oh yeah, nice score on the coins J.P., you too MrBill! That St. Gaudens medal is gorgeous. Link to comment Share on other sites More sharing options...
Mr.Bill347 Posted October 1, 2021 Share Posted October 1, 2021 The 1900-O Over CC Morgan Dollar: The “Last” Carson City Silver Dollar. ... Struck at the Carson City Mint in Nevada from 1878 through 1893, these so-called CC Morgan Dollars are symbolic of the Old West and the massive silver lodes that were discovered there during the latter decades of the 19th century. However, one of the most important CC Morgan Dollar varieties wasn’t even struck until seven years after the last regular-issue Carson City Morgan rolled off the presses. The subject coin here is the 1900-O/CC Morgan Dollar, a fantastic over-mintmark coin that clearly shows the “O” mintmark of the New Orleans Mintsuperimposed atop the “CC” mintmark. How did something like that happen? Perhaps it’s a little less stupefying when one realizes that in the early 1900s, the Philadelphia Mint was distributing prepared dies to all branch mints, which included the Carson City and New Orleans Mints. As the Carson City Mint stopped producing coins in 1893 and was officially decommissioned as a U.S. Mint facility by 1899, the Philadelphia Mint no longer had a need for CC-emblazoned reverse dies by the time the 1900-O/CC Morgans were minted. More than one reverse die was sent to the New Orleans Mint containing the “O over CC” mintmark, and there are at least six known die marriages with that variation, as listed by Morgan Dollar experts Leroy Van Allen and A. George Mallis in their seminal volume Comprehensive Catalog and Encyclopedia of Morgan and Peace Dollars. The numismatic question, therefore, remains: How did the 1900-O/CC Morgan Dollar even come into existence? Two plausible theories exist concerning the origin of this fantastic variety. One attributes the O/CC as the memorialization of an “oops” moment on the part of a Mint employee in Philadelphia who, in that era of individually hand-punching mintmarks onto working dies, accidentally grabbed the wrong mintmark punch when preparing the dies to be sent to New Orleans. The other theory suggests that the Philadelphia Mint was repurposing unused Morgan Dollar reverse dies already prepared for the Carson City Mint months or years earlier and repunched an “O” mint mark over the extant “CC” for use at the New Orleans Mint. For many numismatic experts, this particular proposal makes more sense, because many dies originally prepared for the Carson City Mint ended up going unused after that facility’s closure and were reappropriated for use. Due to the large mintages of coins at the New Orleans Mint in 1900 and the fact that at least a handful of reverse dies bear the anomaly, this fascinating over-mintmark yields a decent number of survivors. Perhaps as much as 10% of the original 1900-O Morgan Dollar mintage of 12,590,000 pieces wound up with the over-mintmark variety, meaning roughly 1.2 million coins may have borne the O Over CC mintmark. However, attrition through circulation, melting, and other forms of damage over the decades decimates that figure. Therefore, PCGS CoinFactsestimates there are now approximately 50,000 examples across the grading spectrum. Remarkably, about 50% of the survivors are in uncirculated grades, including 3,000 in MS65 or better. However, there are no known examples in Prooflike (PL) or Deep Mirror Prooflike (DMPL). Even though many of these coins were paid out by banks in the years immediately following their release, the large fraction of uncirculated survivors may be best explained by the bulk discovery of these coins in bags; quantities of 1900-O Morgan Dollars were released from United States Treasury vaults well into the mid-20th century. What’s more, collectors became privy to the variety by the 1920s, ensuring that generations of collectors have been cognizant of the coin and have saved many of them from entering circulation. Counterfeits are known, and thus it’s best to stick with buying certified specimens. Many 1900-O/CC Morgan Dollars boast a sharp strike and excellent luster, so eye appeal usually isn’t a problem with these coins. Neither is the matter of affordability, with PCGS CoinFacts listing VF20 specimens at $120 and AU50 examples around $210; an expense to be sure, but these prices rival the fair market value of similarly circulated “regular” Carson City Morgan Dollars, yet also offer the added bonus of being a noteworthy variety J P M 1 Link to comment Share on other sites More sharing options...
Mikhail2400 Posted October 1, 2021 Share Posted October 1, 2021 On 10/1/2021 at 6:31 PM, Mr.Bill347 said: The 1900-O Over CC Morgan Dollar: Dang MrBill, that was very educational and encompassing. Thanks for the info. I just ordered The Red Book and the Top 100 The VAM Keys 4th edition today. It will take a little time but ill get my library stocked up and maybe I can learn some of the history behind the coins. Link to comment Share on other sites More sharing options...
Popular Post RWB Posted October 2, 2021 Popular Post Share Posted October 2, 2021 RE: "The other theory suggests that the Philadelphia Mint was repurposing unused Morgan Dollar reverse dies already prepared for the Carson City Mint months or years earlier and repunched an “O” mint mark over the extant “CC” for use at the New Orleans Mint. For many numismatic experts, this particular proposal makes more sense, because many dies originally prepared for the Carson City Mint ended up going unused after that facility’s closure and were reappropriated for use." This is correct. When looking at detail photos (see VAMworld.com) notice that the prominence and location of the "CC" undertype varies. This is because the CC on a die was first filled, then smoothed with a graver before the entire surface was rebaisened then hardened. If the repair was fully successful, it would never be noticed. If unsuccessful, the fill chipped out in small pieces, or fell out entirely. The same method was used after about 1820 to restore back dated dies and make other repairs. At $25 each, it was a cost effective way to use old dies. Unused reverse dies for San Francisco and Philadelphia were merely cycled back for the following year. Denver did not open until after dollar coinage ended in 1904. Survival of uncirculated pieces is mere chance. New Orleans usually ran two dollar presses at the same time, and the coins were often mixed during quality inspection. An original bag might have half O/CC and half from a different die pair with just the O visible. Alex in PA., J P M and RonnieR131 3 Link to comment Share on other sites More sharing options...
The Neophyte Numismatist Posted October 4, 2021 Share Posted October 4, 2021 @J P Mashoke Awesome! I love that the dealer took good care of you. I love that we have good people in a hobby care about it, and cultivate true relationships with collectors with a long-term lens. Short-term profit sharks are a dime a dozen - that dealer is a gem! Link to comment Share on other sites More sharing options...
J P M Posted October 4, 2021 Author Share Posted October 4, 2021 (edited) On 10/4/2021 at 4:01 PM, The Neophyte Numismatist said: @J P Mashoke Awesome! I love that the dealer took good care of you. I love that we have good people in a hobby care about it, and cultivate true relationships with collectors with a long-term lens. Short-term profit sharks are a dime a dozen - that dealer is a gem! Yes I am happy the AU 58 liberty is a worthy coin any gold coin between 55 and 65 are in my opinion. The 1851 2.5 coin I returned was kinda beet up from go .It was a good deal at the time but this $5 coin is much better. Edited October 4, 2021 by J P Mashoke The Neophyte Numismatist 1 Link to comment Share on other sites More sharing options...
The Neophyte Numismatist Posted October 7, 2021 Share Posted October 7, 2021 That's excellent! Link to comment Share on other sites More sharing options...
Morpheus1967 Posted October 7, 2021 Share Posted October 7, 2021 On 10/1/2021 at 6:18 PM, Mr.Bill347 said: I know but all my commemoratives are in my registry except this one. Valid I’d but won’t accept it in the registry. Probably because it does not have a grade assigned to it. Link to comment Share on other sites More sharing options...
Jblindy Posted October 7, 2021 Share Posted October 7, 2021 (edited) On 10/1/2021 at 6:58 PM, Mikhail2400 said: Dang MrBill, that was very educational and encompassing. Thanks for the info. I just ordered The Red Book and the Top 100 The VAM Keys 4th edition today. It will take a little time but ill get my library stocked up and maybe I can learn some of the history behind the coins. Here’s another great online VAM resource. Chock full of pictures and detailed analysis of all VAM types by year. Very easy to navigate. http://www.vamworld.com/wiki/Morgan_VAMs_by_Date Edited October 7, 2021 by Jblindy Mikhail2400 1 Link to comment Share on other sites More sharing options...
