Are Common Date "Bu" Morgans Ever A Good Investment?

I have to admit that there's something about a BU Morgan that just really floats my boat. I now have a couple of certified Morgans with CC mint marks that will likely be decent investments, and I also have a handful of raw PL or DMPL examples that also might end up being good investments some day. But still, the thought of having an entire bag full of crisp white Morgans that I could just run my fingers through and listen to them *clink*...

Well, get an entire bag full of crisp white Morgans that you can run your fingers trough if you want that. You asked if they were a good investment. They are, in MS66 or higher.

Someone mentioned something about when Morgans were $7, and I can remember recent buying opportunities at $10. Why oh why didn't I buy more?

It's because when I was a kid you could get them for $1. Nobody wanted them, but banks always had them around. They were heavy, clumsy and kind of dirty, and they were more money than a kid needed. Paper money was so much simpler, and because it came in higher denominations it meant being rich.

I can remember the last time you could trade silver certificates for silver coin, sometime in the mid 60's. Did I redeem all the silver certificates I could find? No...I kept them as souvenirs...

That in retrospect was pretty dumb, but it made sense at the time. The common old coins were going away, being replaced with modern money. Only much later did I realize that "full faith and credit" erodes faster than the weight of a circulating silver coin...

I went to thrift shop last weekend and bought a common morgan not in BU for $28.00. I am trying to feel a Morgan Date Album. I would love to have all BU coins, but for now I am just trying to fill holes. Something about opening up a dancso and seeing missing holes gets to me. As long as I can fill the hole I'm happy. I can always go back over time and upgrade them to BU. I have a son who is 2 and half. If I can get him into the whole hobby then maybe we can start a better set together, and teach him the ways of negotation and bartering. :)