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Should I Buy A Morgan Silver Dollar?

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Raiden's Avatar
United States
137 Posts
 Posted 03/28/2023  11:33 am  Show Profile   Bookmark this reply Add Raiden to your friends list Get a Link to this Reply
How did we start talking about chips
Pillar of the Community
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 Posted 03/28/2023  12:21 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
From start/finish.... the evolution of a thread can take many different directions. Mmmmmm, toxic chemicals!

So, did you buy a Morgan yet?
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Raiden's Avatar
United States
137 Posts
 Posted 03/28/2023  1:27 pm  Show Profile   Bookmark this reply Add Raiden to your friends list Get a Link to this Reply
I am deciding, the thing is I dont have a job so money is hard to come by for me, but I probably will
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 Posted 03/30/2023  09:48 am  Show Profile   Bookmark this reply Add Anthony86 to your friends list Get a Link to this Reply
Be very careful and either purchase a slab Morgan or from a reputable seller. I have the Dansco album with all the Morgan's except 12. I bought a Sigma precious metal verifier and tested all the coins. Three of them were fake. Lucky they were only $30 coins and easy to replace.
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GLB49's Avatar
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26044 Posts
 Posted 05/02/2023  03:52 am  Show Profile   Bookmark this reply Add GLB49 to your friends list Get a Link to this Reply
Go for it if you want.
I'm very happy with my Morgan collection and plan on adding to it.
I have three coins each year from 1878 to1890 and three from 1921. They are all in Brilliant Uncirculated condition. I think it's one of the nicer looking coins out there.
My American Silver Eagle collection http://goccf.com/t/448125
My random silver coin collection http://goccf.com/t/449270
My MS-70 silver coin collection https://goccf.com/t/490829
My dragon silver coin collection https://goccf.com/t/490859
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dsking's Avatar
United States
2365 Posts
 Posted 05/02/2023  11:20 am  Show Profile   Bookmark this reply Add dsking to your friends list Get a Link to this Reply

Quote:
I have three coins each year from 1878 to1890 and three from 1921. They are all in Brilliant Uncirculated condition.


All BU Morgans? Hmmmmm. Lucky you! Are they from the GSA Hoard?
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GLB49's Avatar
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26044 Posts
 Posted 05/02/2023  1:09 pm  Show Profile   Bookmark this reply Add GLB49 to your friends list Get a Link to this Reply

Quote:
All BU Morgans? Hmmmmm. Lucky you! Are they from the GSA Hoard?

I only have one 1884 Carson City Uncirculated dollar that I didn't include in my post. It was in the coins I inherited years ago.
I started my Morgan collection in 2021 and almost all of them were purchased from APMEX except six that I got from Currency And Coin.
I stopped at 1890 because after that they got a little pricey.
My American Silver Eagle collection http://goccf.com/t/448125
My random silver coin collection http://goccf.com/t/449270
My MS-70 silver coin collection https://goccf.com/t/490829
My dragon silver coin collection https://goccf.com/t/490859
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HondoB's Avatar
United States
25275 Posts
 Posted 05/02/2023  6:09 pm  Show Profile   Bookmark this reply Add HondoB to your friends list Get a Link to this Reply
Raiden, you dropped $35 on a cull coins ebay listing despite warnings from the community. You could have purchased a very decent Morgan dollar with that money.
Inordinately fascinated by bits of metal with strange markings and figures
Edited by HondoB
05/02/2023 6:13 pm
Valued Member
United States
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 Posted 05/02/2023  6:23 pm  Show Profile   Bookmark this reply Add Nycstlrr to your friends list Get a Link to this Reply
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jacrispies's Avatar
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 Posted 05/02/2023  8:34 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply

Quote:
I am deciding, the thing is I dont have a job so money is hard to come by for me, but I probably will


You can do some buying and selling, that is how I made money to buy coins. If you want decent coins, you'll have to hustle a little harder. I used to feel bad spending $35 on a handful of coins because that was a lot of money a few years ago. Now I am delving into Capped Bust halves worth $500+ per coin!

Pass the junk, buy the good stuff. There are deals out there. But you have to start somewhere...
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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jpsned's Avatar
United States
2205 Posts
 Posted 05/03/2023  4:14 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
I wouldn't buy an dull-looking circulated Morgan like the one you showed. I would wait until I had the bread to buy one I really liked. As has been pointed out, a common date (such as a 1921 Philly) in beautiful condition can be had for not a lot of money. Save up for something like that and you'll be glad you did. You'll enjoy looking at it every day and be proud to show it off to people.
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Bump111's Avatar
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3325 Posts
 Posted 05/04/2023  09:54 am  Show Profile   Bookmark this reply Add Bump111 to your friends list Get a Link to this Reply
If you want a really pretty MS Morgan, your best bet for the money would probably be an 1881-S. Most of those were very nicely struck and they made enough to sink a battleship.
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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GLB49's Avatar
United States
26044 Posts
 Posted 05/04/2023  12:33 pm  Show Profile   Bookmark this reply Add GLB49 to your friends list Get a Link to this Reply
The last Morgans I bought were in Dec. 2021. The order was 3 1889 BU and 3 1890 BU and they were $73 each. That was the lowest price I paid for any of my Morgans except my 1921 BUs which were $57 each.
If you're going for looks then Brilliant Uncirculated is what to look for.
My American Silver Eagle collection http://goccf.com/t/448125
My random silver coin collection http://goccf.com/t/449270
My MS-70 silver coin collection https://goccf.com/t/490829
My dragon silver coin collection https://goccf.com/t/490859
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Dearborn's Avatar
United States
96315 Posts
 Posted 05/04/2023  10:33 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
when you do decide to buy a Morgan, try to find one that you will be proud of. There are many better looking, higher grade coins out there at decent prices. Just let us help you decide if you find one you like.
Visit here to get some insight on these coins:
http://goccf.com/f/129
Edited by Dearborn
05/04/2023 10:35 pm
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GLB49's Avatar
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 Posted 05/05/2023  8:09 pm  Show Profile   Bookmark this reply Add GLB49 to your friends list Get a Link to this Reply

Should-I-Buy-A-Morgan-Silver-Dollar?
Should-I-Buy-A-Morgan-Silver-Dollar?
Should-I-Buy-A-Morgan-Silver-Dollar?
Should-I-Buy-A-Morgan-Silver-Dollar?
A few examples of why I prefer Brilliant Uncirculated Morgans.
My American Silver Eagle collection http://goccf.com/t/448125
My random silver coin collection http://goccf.com/t/449270
My MS-70 silver coin collection https://goccf.com/t/490829
My dragon silver coin collection https://goccf.com/t/490859
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