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How Long Did It Take You To Find The "Key Coin(S)" In Your Set?

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Pillar of the Community
United States
1450 Posts
 Posted 12/31/2016  12:41 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
I find it pretty easy to find key dates for Morgan dollars. The hard part is being able to afford them in the condition I want. I have 7 to go to complete my set and all are expensive even if XF condition and I want AU. I will never get them all in AU condition so I will settle for some lessor coins if I ever want to complete the set.
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billjones's Avatar
United States
1499 Posts
 Posted 12/31/2016  2:12 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
Aside from some rare die varieties, there are no date and mint combinations in the Morgan dollar series that are really hard to find. One dealer I met when I as a dealer had eight examples of the 1893-S in grading ranging from VG to Choice AU. All of them were certified and genuine. The 1895-P is only a little tougher. You can get one as long as you have the money.
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United States
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 Posted 01/04/2017  11:50 am  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Bill

A 1893-S Morgan in AU is affordable for die hard collector. People spend twice as much restoring old cars. Of course, you can drive a 93-s.
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GR58's Avatar
United States
11951 Posts
 Posted 01/04/2017  12:07 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply

Quote:
How long did it take you to find the "Key Coin(s)" in your set?


I am a lower income .. lower grade collector .. and some of
the keys I have been waiting 30 to 40 years for the right
coin or the right time .. when I have the right funds.

So some of them I am still waiting on
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Andrew99's Avatar
United States
1533 Posts
 Posted 01/05/2017  2:56 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply

Quote:
Of course, you can drive a 93-s.


That I'd like to see.

Most people collect coins that are not particularly rare. If you want to buy a High Relief Saint and you have $35,000, you could probably find one in a few weeks. As Bill said, there are really no difficult to find Morgans, its just that they are so popular that they are expensive. A 1909-S VDB cent is a common coin, as is a 1911-D Quarter Eagle. Neither of those will take you more than a couple weeks to find in somebody's inventory or at an auction. Now if you collect Bust dimes by variety or Bust halves by Overton number, you could wait years before some of the tougher ones come on the market. Lots of Patterns are very rare and come up at auction infrequently. Some of them are not even terribly expensive, its just that there are very few collectors of them.

I just finished a Bust Dollar set in VF/XF. It took me nearly a year before a good, no problem 1798 Small Eagle with decent strike came up at auction or in dealer inventory, and last night I had my pick of three of them.
Edited by Andrew99
01/05/2017 2:59 pm
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