Post some of your Morgan Dollars

1 1

rrantique · November 10, 2023

GoldFinger1969 · November 10, 2023

I enjoy all the pictures...but it wouldn't hurt if some of you were to give an approximate purchase price and/or current FMV for the coins....and also what it might cost in 1 or 2 grades higher/lower or whever the "inflection" point is.

It adds some information to know if some of these MSDs are $50, $250, or 4-figures. Or more !!

powermad5000 · November 10, 2023

On 11/10/2023 at 1:43 PM, GoldFinger1969 said:

but it wouldn't hurt if some of you were to give an approximate purchase price

The only problem with that in my case is that I had a large number of nice Morgans that I acquired very early in my collecting years and have no idea this much time later where I even had gotten them much less what I paid for them. Once I submitted them, I learned I had some really nice ones. I did have one slab MS 65 that I acquired decades ago and it is another one that I don't remember where I got it or how much exactly I paid for it, other than I do remember I paid FMV for it back then as a slab and it was expensive for me at the time working a job making not much money. I also had purchased a $20 roll of them some years back and sent them all in. I wouldn't know how to issue an individual price for those but I do know it was a break even after grading and thankfully the roll wasn't a loser filled with all common low end Morgans.

J P M · November 10, 2023

On 11/10/2023 at 2:43 PM, GoldFinger1969 said:

I enjoy all the pictures...but it wouldn't hurt if some of you were to give an approximate purchase price and/or current FMV for the coins....and also what it might cost in 1 or 2 grades higher/lower or whever the "inflection" point is.

It adds some information to know if some of these MSDs are $50, $250, or 4-figures. Or more !!

If you can see the numbers on the slab you can look up the coin and get a price. It is normally a bit high but it will give you something to go by. I think my 1898 is $235

powermad5000 · November 11, 2023

rrantique · November 11, 2023

GoldFinger1969 · November 12, 2023

On 11/10/2023 at 6:53 PM, J P M said:

If you can see the numbers on the slab you can look up the coin and get a price. It is normally a bit high but it will give you something to go by. I think my 1898 is $235

If someone has a ballpark figure right off the top of their head, that's good enough for me. That's all I am looking for.

I don't expect or want the posters to spend any time researching current prices -- quite frankly, I don't want to do it, either...unless it's for a coin that I am seriously curious about or interested in purchasing.

If it's at your fingertips, great, if not, no problemo !

Sandon · November 12, 2023

@GoldFinger1969--While there is certainly a financial aspect to numismatics, I prefer not to state current retail list prices for coins whose photos I post on the chat board. I want to emphasize the aspects of the coins that make them interesting--and therefore of value--in the first place. In many cases the values vary widely from one guide to another. You should be able to look up list prices of pieces that interest you on the NGC Price Guide or any other guide that you prefer. If you think I'm being unreasonable, I understand that John Jay Pittman would sometimes carry coins with him to show to non-collectors he encountered and would answer any questions they wanted to ask, unless the question was "What is it worth?", in which case he would immediately put the coin back in his pocket and sternly walk away.

Another of the better date Morgan dollars that I recently took from storage is this 1899, a nice uncirculated coin whose grade I will estimate at MS 64, which means a range of MS 63 to 65. The 1899 has a reported mintage of 330,000 pieces, about 6% lower than the 1889-CC's mintage of 350,000 pieces. However, unlike the 1889-CC which mostly survives in the form of circulated coins and is considered a "key" issue, the 1899, though not a very common date like the 1899-O, is quite available as an uncirculated coin. Bowers wrote that the Treasury probably released 50,000 to 100,000 pieces in the 1950s and early 1960s and that thousands more appeared from the Treasury and other sources in 1963-64. https://www.pcgs.com/coinfacts/coin/1899-1/7258. Pieces like mine can still be bought for mid-three figure prices.

Edit 12/12/23: NGC agreed with my estimated grade and awarded this coin a grade of MS 64.

Edited December 13, 2023 by Sandon

powermad5000 · November 12, 2023

I think I have two of these @Sandon. Both MS. I know for sure one is a 62, the other may be a 61 or a 63. When you have around a hundred or so Morgans, it is easy for me to forget what I have and don't have and sometimes I do tire of scrolling through my whole picture base (I keep a photo record of all slabbed obverses as well as keep a physical old school book, a Whitman Coin Catalog, of each and every coin I have and its grade.

I think yours may possibly be a little nicer than mine. At least in the cheek area.