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Bought A Roll Of Morgans, Do These Look AU Or Better To You?

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Pillar of the Community
United States
830 Posts
 Posted 05/15/2011  10:32 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list
Well 1881 is the year Doc Holliday, Wyatt Earp and his brothers killed the Clanton brothers at the OK corral in Tombstone AZ. I love the movie LOL.
Valued Member
United States
455 Posts
 Posted 05/15/2011  11:40 pm  Show Profile   Bookmark this reply Add thecoinczar to your friends list
From what I can see you did very well with you acquisition. Many of the dollars look to be in mint state and some even look proof like. How many dollars are in a roll? I'm not sure of that, but I am curious. Is it 20 or 25?
Valued Member
United States
455 Posts
 Posted 05/15/2011  11:42 pm  Show Profile   Bookmark this reply Add thecoinczar to your friends list
P.S. They all appear to be original also and not cleaned. Loaded with luster and eye appeal!
Bedrock of the Community
United States
10047 Posts
 Posted 05/15/2011  11:44 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list
Great looking coins - cool history link to them. I think you did pretty well - especially with what silver is likely to do in the future. However, even if it does not skyrocket, how many other people can say they have an entire roll of 1881 dollars?! Save them and pass them on in the family.
How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Download and read: Grading the graders
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Pillar of the Community
United States
830 Posts
 Posted 05/16/2011  09:20 am  Show Profile   Bookmark this reply Add GoThunder to your friends list
Thanks, I feel better about them now. Yes they came in rolls of $20.

That seller moves lots of original rolls of Morgans, looking at his 5/15 feedback it looks like he sells about 5 rolls of Morgans a day. I just worry how he possibly could have such a huge legitimate supply, but he does move LOTS of coins. Adding up his 5/15 sales I see about $25,000/day...at that rate he must move over $500,000/month or $6 mil/year!
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United States
2448 Posts
 Posted 05/16/2011  10:03 am  Show Profile   Bookmark this reply Add carmykle to your friends list
Done good kid! JIMHO, I would have guessed 58 on one and low MS on the other. Especially with such strong reverses. Would need better photos though.
Pillar of the Community
United States
1064 Posts
 Posted 05/16/2011  10:11 am  Show Profile   Bookmark this reply Add JackB to your friends list
A great set of Morgans, I think you did very well. I can tell you I wouldn't mind owning any of them!
Valued Member
United States
362 Posts
 Posted 05/16/2011  10:27 am  Show Profile   Bookmark this reply Add coinut to your friends list
Very nice. I would love I have 1 roll of Morgans but I'd love to have it rolled in original bank paper from the period, guess it's the histoty buff in me.
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United States
1510 Posts
 Posted 05/16/2011  12:13 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list
looks good-- just run a magnet over them and hopefully they don't stick-- the Chinese Morgans will stick to a magnet
Retired USAF 1983-2003
Pillar of the Community
United States
830 Posts
 Posted 05/16/2011  12:42 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list
Thanks I did run a magnet over them and they didn't stick.

I also weighed each one and weights were very close.

26.64
26.77
26.73
26.70
26.75
26.69
26.70
26.65
26.77
26.75
26.76
26.73
26.74
26.77
26.74
26.71
26.68
26.66
26.70
26.74
(in grams) weighed with a digital PACT scale
Bedrock of the Community
United States
14454 Posts
 Posted 05/16/2011  12:45 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list
the coins look fine but want to add, 1881-S is a date that are usually found in very good condition and very strongly struck and your coins are no exception to that rule but...if the coins do not grade MS-65 or higher they are probably not worth sending in for grading because it would cost more for the actual grading of the coins than you could sell the coins for
Pillar of the Community
United States
830 Posts
 Posted 05/16/2011  1:12 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list
Yeah I was only thinking of sending one in, but this morning I found out my local coin dealer is no longer a PCGS authorized dealer and the closest one to me is about 100 miles away. So I'll probably skip it, I did also have one scratched PCGS slab I was wanting to be reslabbed.
Pillar of the Community
United States
8904 Posts
 Posted 05/16/2011  1:18 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list
with everyone. This looks like a nice roll of higher-quality Morgans.

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United States
1704 Posts
 Posted 05/17/2011  12:19 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list
A very nice roll of dollars, you did alright on them. Be careful which type of plastic tube you put them in some are not good for long term storage.

The last two lots of AU/Unc. Morgan dollars I got from a wholesaler I know cost me $40.00 each so at $45.00 a piece you paid regular retail for the roll. The May 13 greysheet has common date AU's at 39.00 Ask. Morgans have a larger premium over spot than the lower denomination 90% since the demand is much greater for them. That wholesaler receives and ships out hundreds of common date silver dollars each week of all grades.

ANA LM-3175
Pillar of the Community
United States
830 Posts
 Posted 05/17/2011  07:59 am  Show Profile   Bookmark this reply Add GoThunder to your friends list
That's good to know, thanks.

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