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Replies: 38 / Views: 5,706 |
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Pillar of the Community
United States
623 Posts |
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Bedrock of the Community
United Kingdom
17959 Posts |
I was given my first Morgan dollar, an 1882o, by an American colleague of my Mother's in 1976. A few years later my parents were visiting the same lady in Dallas and she had a whole lot of Morgans - she asked my Mother if she wanted one - and my Mom pulled out a 1921s, as it was her year of birth! (Would have been nice if she'd been born in 1895, but my birth would then have been biologically impossible). That coin later ended up in my collection. It was when I discovered my first American LCS on a business trip in 2003 that I started buying other dates. I have been trying to get one coin for every date (not mint) of issue and now am missing just 1893 and 1895. I haven't got any slabbed Morgans - the condition is mostly VF to about MS62. Perhaps I may move onto mintmarks and VAMs later. There are no other 19th-century foreign crown size coins that I've ever attempted to collect by date like this - Morgans are definitely addictive!
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Valued Member
United States
55 Posts |
I started with CC's and then went to O mintmarks. I like having the coins from mints that don't exist anymore. Now that I have all of the CC's and most of the O's, I now look for better coins in certain dates to upgrade....if it is within my monthly coin budget! I may start with S next as I do have a few S marks along the way.
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Pillar of the Community
United States
2130 Posts |
fasttalker...That is an interesting way to collect Morgans. I like it.
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New Member
 United States
28 Posts |
 That is quite interesting! What grade would you suggest buying each coin in depending on the rarity?
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New Member
United States
19 Posts |
I have a complete set of CC Morgans and that was tough enough. One thing you MUST be aware of is that the Chinese are making forgeries of the many key dates, so you would have to reply on the top TPG's and they are costly, and even the slabs are now being copied. Good Luck
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New Member
 United States
28 Posts |
I was thinking of picking up a caliper and scale, so that would help. Is there a way to detect it without exact measurements?
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Valued Member
United States
401 Posts |
A set of Morgans in certainly a daunting and expensive task. I "only" have 43 and am not even halfway there. The good news is I'm only 49 so I plan on completing other less expensive sets at this point in my life with 4 kids, 2 in college etc... Morgans, a high grade Type set, US Gold are for when I retire. 
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New Member
 United States
28 Posts |
I only have 2 so far, but I have just started collecting them recently.
Edited by Latticeman 01/15/2014 5:17 pm
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Valued Member
United States
55 Posts |
"That is quite interesting! What grade would you suggest buying each coin in depending on the rarity?" I set a monthly coin buying budget and try very hard not to go over that amount. If I have money left over from one month, then it rolls over into the next month. Therefore, I usually start in fairly low grades for the tougher dates and rarities. When I find a good to upgrade to, I always sell the one being replaced...and then add that amount to the budget (usually to pay for the replacement!). I enjoy the "hunt" part of collecting. Therefore I rarely use ebay as I like to "find" the coins the hard way! This keeps the "upgrading" exciting. And it keeps the collection growing as I either am looking for coins to fill a void or for upgrades. If I find one and it is not within my budget, I note it and walk away...after negotiating of course ;) I do this with my 3c silvers and 3c nickels and 20c pieces. My boys love helping me do this as it gives them something to focus on when we go to shows or shops. They are still young (9,7,4 and one due any day) so they can get overwhelmed when going to shows.
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New Member
 United States
28 Posts |
I do have a small budget... but I can incorporate the sales into the upgrade cost. Also, I randomly happened to find a piece of sanded plywood, so I am wondering how to display my air-tite capsules in there? I was imagining a display with circles cut in for the coins to go with a Plexiglas cover. Anyone have input on that?
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Valued Member
United States
55 Posts |
Even in Airtites, I am careful where I keep my coins and wouldn't want them near plywood. Plywood is full of resins, glues and chemicals that could possibly (not for sure but wouldn't want to risk it) harm your investment. You can't go wrong with a Dansco or Whitmann album.
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New Member
 United States
28 Posts |
Thanks, I didn't know that! Are there replacements for albums which are designed for Air-tites?
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Valued Member
United States
55 Posts |
Not sure about a display for the airtites except the ones that Airtite sells on their website.
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Valued Member
United States
299 Posts |
One of the fastest ways of assembling a collection of Morgans is to specialize in the counterfeit ones  spend a lot of time studying the details of all years and mints get a magnet, caliper and scales and learn how to use them Spend more time studying details Buy from reputable
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Replies: 38 / Views: 5,706 |
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