KOTCT Members Forum

Worldwide Coins & Bank Notes => U.S. Coins => Topic started by: Dumanyu on November 12, 2007, 12:10:12 PM

Welcome to a stroll down memory lane... Looks a lot different, HUH?

Title: My lone "moldy" Morgan
Post by: Dumanyu on November 12, 2007, 12:10:12 PM
Descent enough shape, but the only Morgan I have. These are just too expensive to really try to collect a set.
(http://i103.photobucket.com/albums/m138/dumanyu2/DSCN0025.jpg)
(http://i103.photobucket.com/albums/m138/dumanyu2/DSCN0026.jpg)


Title: Re: My lone "moldy" Morgan
Post by: AdamL on November 12, 2007, 12:22:29 PM
Well, your right, you gotta be rich to try to put together a whole set. But I like to buy an attractive common-date peice every once in a while.


Title: Re: My lone "moldy" Morgan
Post by: Dumanyu on November 12, 2007, 12:31:27 PM
Adam,
    This is actually the second Morgan I've ever owned. I had one previously that a freind gave me for "ballpark" grading a bunch of U.S. coins she inherited. She gave me a Morgan with a big ding near the Eagles wing, and a '23 Peace Dollar (also the only one I had).


Title: Re: My lone "moldy" Morgan
Post by: Twoshadows on November 12, 2007, 07:07:08 PM
Well guys you don't have to be rich to put together a set of Morgans as I did it! Well everything except the 1895 proof! You do have to be dedicated and prepared to spend way above average for quite a few of them even in low grades. Both my wife and I tackled the project at the same time (2 sets) and I won out. She did pay more attention to high grades than I did but in the end I suppose we were 60% to 70% with uncs. and she only lacked a few coins of having a full set as well. Her Carson City"s were immacculate as well as most of the key dates. My key dates killed any chance of a unc. collection and a loss of a 28 year job killed my keeping what took years to collect but I can say I did do it and my dealer can say he was glad I did and very glad I sold them years later! I know, with todays prices, I couldn't tackle the set again but I sure enjoyed doing it the first time.


Title: Re: My lone "moldy" Morgan
Post by: dustin43160 on November 13, 2007, 01:17:00 AM
i also have only one morgan which i paid an old man 7 dollors for it hehe it was before i knew about coins and thought it might be fake  ;D


Title: Re: My lone "moldy" Morgan
Post by: CoinCrusader42 on November 13, 2007, 04:25:02 AM
I have 20 to 30 of them.

Picked up all of them for face value while attending college back in the 1960's.

 ;D ;D ;D ;D


Title: Re: My lone "moldy" Morgan
Post by: Dumanyu on November 13, 2007, 05:44:17 AM
Well guys you don't have to be rich to put together a set of Morgans as I did it! Well everything except the 1895 proof! You do have to be dedicated and prepared to spend way above average for quite a few of them even in low grades. Both my wife and I tackled the project at the same time (2 sets) and I won out. She did pay more attention to high grades than I did but in the end I suppose we were 60% to 70% with uncs. and she only lacked a few coins of having a full set as well. Her Carson City"s were immacculate as well as most of the key dates. My key dates killed any chance of a unc. collection and a loss of a 28 year job killed my keeping what took years to collect but I can say I did do it and my dealer can say he was glad I did and very glad I sold them years later! I know, with todays prices, I couldn't tackle the set again but I sure enjoyed doing it the first time.

Terry,
     Thanks for making my point ;). You have to spend way over value, for a less then stellar coin. As I've stated in the past, I can bring 100 dollars to a coin show, and get 5 -10 new countries for my collection, or I can buy a fifth of a Morgan in F. Probably not.


Title: Re: My lone "moldy" Morgan
Post by: Twoshadows on November 14, 2007, 11:09:20 AM
And my point was, at one time, the average collector could put together a set of Morgans. But today, due to demand, the explosive market and precious metal prices I could not do the same. Prices have reached a point where one must do as you described by making choices. I have over the last few years found my collecting habits changing, for various reasons, and never enjoyed collecting more since I went "world" wide in my interests.


Title: Re: My lone "moldy" Morgan
Post by: Dumanyu on November 14, 2007, 12:00:28 PM
Terry,
    You hit the nail on the head. World coins have so much more variety to offer, be it German States, one from every country, or a country set. There is a bunch of different ways to go.


Title: Re: My lone "moldy" Morgan
Post by: Madspec on November 14, 2007, 05:33:34 PM
Why don't you make a year set, don't worry about mint marks just one from each year.  The 1893 will be the most expensive but still it makes a great looking set.

madspec


Title: Re: My lone "moldy" Morgan
Post by: S.George on November 29, 2007, 01:55:20 PM
 :D

Dear Friends:

I have completed the Morgan P, D, S, O  COMPLETE SET a few years  ago.  The 1893s Morgan was slabbed and certified and few others, also slabbed.

Several U.S. Friends helped me, to make it possible.   IT TOOK 3 YEARS TO COMPLETE THE COLLECTION, for a person living far away from U.S.   For those who live in U.S. can do FASTER THAN ME.   Just give a try.   It is worth it.

Now I am assembling BARBER HALVES.   Any help through trade will be appreciated very much. 

WISH YOU ALL A MERRY CHRISTMAS

Sincerely
George/India