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Completely new here.....

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Hello,

 

Just a few questions if any of you can help me out. As you can see from my user name, I normally collect comics and am also thinking of getting back into collecting coins. I especially like graded morgan dollars and the gold eagles as well. Just wondering if there is a standard grade that I should be looking for when collecting morgans. What is considered high grade and low grade on these coins? i.e. MS-65 ? MS-67??

 

If anyone could help I would greatly appreciate it, and if any of you have any question concerning certified comics, feel free to ask! Thanks in advance!

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When collecting coins, there is no standard grade per say, just collect what gives you the most thrill for your budget...collect what you like. As far as what is considered high-grade in Morgan dollars; for common dates, MS66-68 are the higher grades that command command large premiums. There are, however, many dates in which few examples if any, are known at or above MS65.

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In the Morgan series every date and MM(mint mark) will have it's own standard. An 1881-s is fairly common in MS65, and the price will reflect that. An 1889-CC in MS65 is going to cost you your first born wink.gif Depending on the mintages each coin will have a point where the next higher grade goes nuts pricewise on you. Unless your pockets are very deep, there may be some of the coins that are so expensive that you may have to settle for way less than MS grades.

 

That is, if you are looking to put together a full set. If you are looking to just buy some beautiful coins, look to the early S mint coins. The strikes are killer and the prices are good. DMPL isn't out of the question on the either. Just depends on where you are wanting to go with your collection. Buy a price guide or print one off of the internet and you will see what I am talking about.

 

They are beautiful coins, learn as much as you can before you buy one, or stick to already slabbed until you get a feel for grading and cleaned coins, etc.

 

Enjoy!! smile.gif

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Welcome to the Board. Buying Bower's Silver Dollar book is a worthy investment. I have a copy and it has a lot of information on many types of Dollars.

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