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Author Topic: My lone "moldy" Morgan  (Read 1185 times)
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Dumanyu
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« 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.

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AdamL
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« Reply #1 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.
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Dumanyu
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« Reply #2 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).
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Twoshadows
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« Reply #3 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.
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dustin43160
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« Reply #4 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  Grin
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« Reply #5 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.

 Grin Grin Grin Grin
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Dumanyu
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« Reply #6 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 Wink. 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.
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« Reply #7 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.
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Dumanyu
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« Reply #8 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.
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Madspec
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« Reply #9 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
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« Reply #10 on: November 29, 2007, 01:55:20 PM »

 Cheesy

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
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