Long awaited, I Finally got my Morgan CC, 1883-CC PCGS MS63 GSA 1 1

[Mr.Bill347]

I think it is better than I thought and maybe even under graded. I absolutely love it! A good price too!

 

I am not a VAM expert by any means, but this CC has some striking die characteristics. LemE what ya think? I’m leaning towards VAM 2

Edited August 17, 2022 by Mr.Bill347
Pictures

[J P M]

Good looking 63 Bill

[Lem E]

On 8/17/2022 at 11:25 AM, Mr.Bill347 said:

 

I am not a VAM expert by any means, but this CC has some striking die characteristics. LemE what ya think? I’m leaning towards VAM 2

Sorry buddy I think you have the wrong guy. I don't know squat about Morgans. I don't even own a single one. Looks like a nice piece though. Congrats.

[EagleRJO]

Nice Morgan.  You can go to VamWorld to really torture yourself if you're not looking for something specific. 

[jimbo27]

Looks like a vam2 to me, left C set slightly higher.

[Mr.Bill347]

On 8/17/2022 at 5:25 PM, jimbo27 said:

Looks like a vam2 to me, left C set slightly higher.

Thanks Jmbo, that’s what I see too.

[GoldFinger1969]

Nice coin....did you have to pay up for it if you were looking for this type for a while ?  Carson City stuff is hot and has been for a few years now.

Edited December 14, 2022 by GoldFinger1969

[Mr.Bill347]

On 12/13/2022 at 10:15 PM, GoldFinger1969 said:

Nice coin....did you have to pay up for it if you were looking for this type for a while ?  Carson City stuff is hot and has been for a few years now.

Yeah, it was just over $300 so I feel like I did reasonably well.

[EagleRJO]

On 12/13/2022 at 10:15 PM, GoldFinger1969 said:

Carson City stuff is hot and has been for a few years now.

I had been missing about a dozen of the more expensive CC Morgans for a complete circulated set I have been assembling.  So, I have been watching them like a hawk and bidding on quite a lot of them.  Prices have come down a good amount (as well as other coins I collect), and I have knocked off about half a dozen of the CC Morgans for a good amount less than the NGC guide prices.

On 12/13/2022 at 10:51 PM, Mr.Bill347 said:

Yeah, it was just over $300 so I feel like I did reasonably well.

That is a nice pick-up for a coin valued at $390 by NGC and $400 by Coin World, and it's in great condition with very few marks.  I really like it. 

And your coin is a VAM-2, but unfortunately no premium for that.  I paid about the same amount for an 1883-CC Morgan graded MS-62 recently, so you got a little better deal. 

Edited December 15, 2022 by EagleRJO

[GoldFinger1969]

On 12/13/2022 at 10:51 PM, Mr.Bill347 said:

Yeah, it was just over $300 so I feel like I did reasonably well.

Online, LCS, or coin show ?

[GoldFinger1969]

On 12/14/2022 at 4:37 AM, EagleRJO said:

I had been missing about a dozen of the more expensive CC Morgans for a complete circulated set I have been assembling.  So, I have been watching them like a hawk and bidding on quite a lot of them.  Prices have come down a good amount (as well as other coins I collect), and I have knocked off about half a dozen of the CC Morgans for a good amount less than the NGC guide prices.

Really ?  I wasn't aware anything CC had declined of late.  What price range Morgans are we talking about that you saw the declines ?

[Mr.Bill347]

On 12/14/2022 at 9:52 AM, GoldFinger1969 said:

Online, LCS, or coin show ?

Goldfinger, believe it not EBay, seller Mikelb75.

[EagleRJO]

On 12/14/2022 at 9:53 AM, GoldFinger1969 said:

Really ?  I wasn't aware anything CC had declined of late.  What price range Morgans are we talking about that you saw the declines ?

In the $300 to $500 range and down about 15% to 20% for the half dozen or so CC Morgans mostly purchased at GC recently, and maybe one slabbed one from eBay at about the same discount.  That still leaves about another half dozen more expensive CC Morgans to complete the circulation set, which I have also seen down about 15 % to 20%.  But I am looking for an even better deal than that for the half dozen or so more expensive CC Morgans, so I am just watching prices and being patient as they continue to come down..

[GoldFinger1969]

On 12/14/2022 at 11:45 AM, EagleRJO said:

In the $300 to $500 range and down about 15% to 20% for the half dozen or so CC Morgans mostly purchased at GC recently, and maybe one slabbed one from eBay at about the same discount.  That still leaves about another half dozen more expensive CC Morgans to complete the circulation set, which I have also seen down about 15 % to 20%.  But I am looking for an even better deal than that for the half dozen or so more expensive CC Morgans, so I am just watching prices and being patient as they continue to come down..

It DOES make sense that with the economy and work habits returning to normal -- and govt checks ending -- that people would drift away from habits they took up in 2020 and 2021. 

It will be interesting to see how many full-time coin collectors we eventually hold from the pandemic era.