I Bought An Ugly Morgan

Oh, no. I like both raw and certified. The vast majority of mine are raw. I simply love any and all Morgans, truth be told, whether they be raw/certified or MS/circulated. These were an impulse buy for me. I already have an 1889-O, but I just wanted to have that one as soon as I saw it. When I ran across the listing there was only 20 seconds left. I placed a bid at the last second and got it. Exciting! Next thing you know, and 5 minutes later, I had snagged 3 more. I do store my raw Morgans in those Coin World premiere coin holders, which are nearly identical to PCGS.




I knew I could count on you, SD.

By the way, I got the 1886-O for $26 and the 1880 for $36. Of course, each item had a buyers premium of $5. I think I did better than I would have on ebay, but I've had good days on ebay too.

Thank You! Yeah, I hope someone does chime in with regards to any potential VAMs.

I considered it before I posted. The '86 and '90 New Orleans coins have prominent clashing VAMs, but they'd be visible here and that's the only varieties of real interest.

Always look for clashing on New Orleans Morgans. They're overrepresented among the added-value clashed varieties.

Those are surely nice additions to your collection.

I think circulated coins are really interesting and they have captured my imagination and attention.

The 1889-O looks like it could have been in the pocket of a coal miner. I like how it looks.

I do not understand why some people get low grade common date Morgan dollars slabbed. If it were a popular VAM or for a low ball set I can get that.

You did well in your buying spree. not an ugly one in the bunch.

Yeah, I have really moved toward buying mostly circulated Morgans now- and they are CHEAPER! I love the contrast that circulation gives to old silver coins. They are a lot easier to photograph too. After all, I'll have to get lower grade Morgans for those expensive key dates when the time comes. But that's OK because I love the look of a good 'ol circulated Morgan dollar.

For me, "lower grade" means that the coin did its job during its circulation years.




Ya know, I thought the exact same thing when I ran across these. Basically, with the price I paid, the certification/encapsulation was free.




A wonderful assessment. I too often wonder where these circulated Morgans have been during their lifetime. It is fun to contemplate such things. I like how you put it: these coins *did their job*.

Thanks for all the comments! These ladies are scheduled to be delivered tomorrow!

when you can pick up Morgans in slabs for not much over the melt value, the slabbing cost is nil to you, let someone else pay that cost. Great deal.