Thoughts On This 1894 Morgan Dollar

If I end up doing that someday ....

Are these pictures good enough quality for selling on ebay?

Yeah, keep it in the holder, after all you paid to put it there, and it will bring more eventually, holdered.

Just put a proof finish 09o Dan Carr in the 95 hole GR

I don't quit understand why the 1894 with mintage of 110,000 is valued so much less than the 1893-S with mintage of 100,000. You can get the 94 in MS64 for around $9000. The 93-S in the same condition costs around $300,000. Why are these scarce coins so different in cost? The 94 seems like a screaming "buy" but I obviously don't know all the facts regarding demand and supply.

When was Pitman Act put into practice? I am not sure that Act explains why 93-S is 350 times as expensive as 94 Morgan both in MS64. How many 93-S Morgans exist compared to 1894 Morgans? Is there some way to find out and would that explain it? Nobody even talks about 1895 proof because that is another White Whale and I am not Ahab.

1918
https://www.NGCcoin.com/news/article/902/

1895 Morgan's do get talked about once in a while.
But it is very rare to even see one ..

The story goes ...
12,000 business strikes are on the mint records.
None of those have ever been seen.
Some think that those 12K might not have been date 1894.
That it is possible they were dated 1894 but made in 1895.
Or they may have been melted in 1918.

There also were 880 proof coins minted, according to mint
records. The ones that come up for sale are proof coins.

I thought I explained that in the next paragraph




I do think ... When many Morgan collectors think/talk
about a 1895 Morgan ... they know it is the proof
1895 Morgan.

When I said it is rare .. I do mean the proof.
Even though the mint records show 880 proofs minted ....
Not all of the 880 are known to exist.

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Edit .... thinking about my sticker ...I guess it would be more
accurate to say something like

Proof only issue
DNW

The 95 Proof may or may not be rare but it will cost you $50,000 to find out! There is an awful lot I could do with 50 grand besides stare at a coin. I know a true collector does not see it that way. It is the hunt and the "kill" of obtaining such a coin that is a thrill. Showing it off to others who appreciate it is also a bonus. We still have not defined "rare" in the Coin World. Are there coins that are rare but not valuable and are there coins that are not rare but very valuable? The 1884-S Morgan is not rare but in MS65 it must be rare as heck because it goes for well over $200,000. The 1886-O is even more abundant in grades up to AU and then begins to explode in value to being almost untouchable in MS65 for most of us. So what is rare? Does the wise old frog have the answer....rivet, rivet.