New To Collecting, Just Bought Some Things.

I like the fact you immediately sent the Indian TPG. I was intimidated by the paperwork for about a year before I took the plunge.

This forum is teriffic. Lots of people willing to help. I've made a few minor mistakes because I was afraid to ask for advice here before I bought.

Nice gold, the SLQ doesn't look bad either, although you definitely paid pretty much retail on it.

Now for the bad news.

The '86 Morgan is AT, and junk, worth about $20.
The '81-S Morgan looks whizzed/polished. It's not a product of the scan, either, the coin definitely isn't problem free. Combine that with a $100 price tag... ouch.
The '86 DPL Morgan doesn't look to have great mirrors to me. At $175 it's not a bad deal, but you could probably do better for your money, unless the images are poor and the mirrors/frost are better in-hand.

If you can, I'd return the '81-S and both '86's and pick up a nice 63DMPL with heavy mirrors and frost. You'll pay a premium, but you're getting a PQ coin.

Here's a nice one that sold for $350.

http://www.ebay.com/itm/131242233066

If it went to auction I bet you could get it for right around $300, or $25 more than what you paid for those other two.

Actually, I just looked around, found this on GC.

http://www.greatcollections.com/Coi...-63-DMPL-OGH

I like that coin a lot. The reverse marks to the right of the eagle probably keep it to a 63, but the cheek is easily that of a 64, and that is a major focal point on Morgans. If you bid on this, you'll be competing against me, I just bid on it and added it to my watch list. :)

If you prefer NGC, this one looks nice too.

http://www.greatcollections.com/Coi...C-MS-63-DMPL

Just some friendly advice, we all make mistakes in the early days... at least you will see your mistakes and hopefully learn from them.

Great to see a new collector join the hobby. These boards are a great source of info and will help you in your journey. Welcome!

P.S. I use those zip locking sleeves too for my slabs, but I cut the seal part to allow the coin/slab to breathe. I simply use the sleeve to protect the plastic from scratches.

Personally, I don't like the obverse enough to call that DMPL... It appears to lack those deep, watery mirrors and contrast. Here's a quick shot of a DMPL I have laying around;



That's the kind of look you want in a DMPL... note the lack of cartwheel, the mirrors bounce most of the light off them instead of shining like a regular Morgan will.




Do yourself a favor and test the mirrors out. Go find a ruler, lay the slab down flat, and put the ruler on top, perpendicular to the slab. See how many inches you can clearly read. For a true DMPL, that should be at least 6 inches, preferably closer to 8.

pretty sure, NGC refers to "Deep Mirror Prooflike" coins with the designation (DPL) whereas PCGS refers to them with the designation (DMPL), but I'm new so dont quote me on that

Thanks for the heads up on the fake toned morgan. Guy has almost 6k feedback with none being negative. Who would figure. With that said, could you point me in the direction of some REAL toned morgans. Or should I just for the time being, buy graded coins, until I can tell the difference.

Picking up AT vs NT is tough when you're new. Certain color progressions would indicate natural versus artificial. It takes a while to learn. Generally speaking, if it's crazy-strong neon colors and little to no luster, it's probably AT. Certain colors just don't show up naturally on coins, as well. If you want to see what true monster toned Morgans look like, check this site out.

http://www.jhonecash.com/coins/tonedmorgans.asp

Yeah, big colors, big money.

Best to slow down a bit. Start by going to Great Collections, Heritage Auctions, or David Lawrence. These sites let you enlarge the photos to get a better feel for the grade. Look at a lot of coins. If you can get to some shows. If you are going to collect one type of coin find dealers websites that specialize in that coin. Save some money for a bit then go for something you really like and find many examples of that type, year, then pick the most appealing coin to you.