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Morgan Dollar Collection

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Valued Member
paddy murphy's Avatar
United States
401 Posts
 Posted 01/15/2014  5:08 pm  Show Profile   Bookmark this reply Add paddy murphy to your friends list Get a Link to this Reply
A set of Morgans in certainly a daunting and expensive task.

I "only" have 43 and am not even halfway there. The good news is I'm only 49 so I plan on completing other less expensive sets at this point in my life with 4 kids, 2 in college etc...

Morgans, a high grade Type set, US Gold are for when I retire.
New Member
Latticeman's Avatar
United States
28 Posts
 Posted 01/15/2014  5:16 pm  Show Profile   Bookmark this reply Add Latticeman to your friends list Get a Link to this Reply
I only have 2 so far, but I have just started collecting them recently.
Edited by Latticeman
01/15/2014 5:17 pm
Valued Member
fasttalker27's Avatar
United States
55 Posts
 Posted 01/16/2014  08:33 am  Show Profile   Bookmark this reply Add fasttalker27 to your friends list Get a Link to this Reply
"That is quite interesting! What grade would you suggest buying each coin in depending on the rarity?"

I set a monthly coin buying budget and try very hard not to go over that amount. If I have money left over from one month, then it rolls over into the next month. Therefore, I usually start in fairly low grades for the tougher dates and rarities. When I find a good to upgrade to, I always sell the one being replaced...and then add that amount to the budget (usually to pay for the replacement!).
I enjoy the "hunt" part of collecting. Therefore I rarely use ebay as I like to "find" the coins the hard way! This keeps the "upgrading" exciting. And it keeps the collection growing as I either am looking for coins to fill a void or for upgrades. If I find one and it is not within my budget, I note it and walk away...after negotiating of course ;)
I do this with my 3c silvers and 3c nickels and 20c pieces.
My boys love helping me do this as it gives them something to focus on when we go to shows or shops. They are still young (9,7,4 and one due any day) so they can get overwhelmed when going to shows.
New Member
Latticeman's Avatar
United States
28 Posts
 Posted 01/16/2014  10:04 pm  Show Profile   Bookmark this reply Add Latticeman to your friends list Get a Link to this Reply
I do have a small budget... but I can incorporate the sales into the upgrade cost. Also, I randomly happened to find a piece of sanded plywood, so I am wondering how to display my air-tite capsules in there? I was imagining a display with circles cut in for the coins to go with a Plexiglas cover. Anyone have input on that?
Valued Member
fasttalker27's Avatar
United States
55 Posts
 Posted 01/17/2014  1:02 pm  Show Profile   Bookmark this reply Add fasttalker27 to your friends list Get a Link to this Reply
Even in Airtites, I am careful where I keep my coins and wouldn't want them near plywood. Plywood is full of resins, glues and chemicals that could possibly (not for sure but wouldn't want to risk it) harm your investment. You can't go wrong with a Dansco or Whitmann album.
New Member
Latticeman's Avatar
United States
28 Posts
 Posted 01/17/2014  4:08 pm  Show Profile   Bookmark this reply Add Latticeman to your friends list Get a Link to this Reply
Thanks, I didn't know that! Are there replacements for albums which are designed for Air-tites?
Valued Member
fasttalker27's Avatar
United States
55 Posts
 Posted 01/17/2014  6:31 pm  Show Profile   Bookmark this reply Add fasttalker27 to your friends list Get a Link to this Reply
Not sure about a display for the airtites except the ones that Airtite sells on their website.
Valued Member
Piffin's Avatar
United States
299 Posts
 Posted 01/18/2014  3:29 pm  Show Profile   Bookmark this reply Add Piffin to your friends list Get a Link to this Reply
One of the fastest ways of assembling a collection of Morgans is to specialize in the counterfeit ones

spend a lot of time studying the details of all years and mints

get a magnet, caliper and scales and learn how to use them

Spend more time studying details

Buy from reputable
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