| Author |
 Replies: 160 / Views: 13,432 |
|
|
|
Pillar of the Community
United States
5638 Posts |
OZ, I know this has been discussed before, I too am of the opinion the 80A is illusive, I also feel the 79 is not all that easy to locate, for me......PS, The fact that the 85 and 86 were a given, in all accounts,I should of been more clear. I thank you for the clarification,I am from the East Coast, I wonder what others opinions are on this topic and does location have an effect?
I am trying to collect my FIRST B1 Reverse collection, I have seen yours OZ, and think you have an amazing collection of uncirculated, high grade B1'S, I have seen your photos in the 28 days of Morgans topic......
|
|
Pillar of the Community
 United States
709 Posts |
For rlcbj59, I will give a short primer on how to get started collecting Morgan dollars. Always buy the coin, never the slab. However, if you are weak in grading, purchasing coins, especially uncirculated coins that are graded by a top tier third party grading company is a good idea. The top four grading companies are: PCGS, NGC, ANACS and ICG. Doing this prevents you from purchasing problem coins. Coins that have been improperly cleaned, whizzed, artificially toned, environmental damage, altered dates, altered mint marks and counterfeit. I would spend time on the PCGS website looking at their photo grade which will help you improve your grading skills. As for vams, familarize yourself with the top 100. hot 50 or hit list 40 coins. These are (for lack of a better word) are consensus coins that have both eye appeal and interest to variety collectors. If you are going to put together a set, let me suggest you look at 1878-P B1 reverse sets, or 1878-P 7/8 tail feather coins. 1882-CC VAM 2 iterations are fun as well as VAM 3 if you like busy coins. Above all, take the time to read and learn. Be selective in what you purchase. Try to not just purchase anything. There is nothing wrong with doing this, it only increases your chance of making mistakes and in this hobby, mistakes cost money. Ask questions. Many here welcome questions. I will make every effort to answer them. Finally, take the time to enjoy the hobby. You have no one to please except your self. Edited by Ozland
02/01/2011 10:20 pm
|
|
Pillar of the Community
United States
709 Posts |
Quote:
I wonder what others opinions are on this topic and does location have an affect? Yes it does. I don't know the mechanism involved but many varieties tend to be clustered, such as found in rolls, with higher percentages in different regions of the country. There is one other dynamic in play, concentration wise, there tend to be more vammers on the East and West coasts than in the Midwest. So competition for the coins plays a factor as well. Edited by Ozland
02/01/2011 10:25 pm
|
|
Valued Member
United States
175 Posts |
Well put in every way, I thank you for your advice & Candor, hopefully my book will be here soon. Is the south left out?
Edited by rlcbj59
02/01/2011 10:31 pm
|
|
Pillar of the Community
United States
709 Posts |
My preferred method when in Louisiana is to shop for coins 'in the field' where I can examine the coin in hand. I have shopped for coins in Shreveport, Alex (Alexandria), Lafayette, Baton Rouge and New Orleans multiple times. I have also purchased coins in Biloxi, Mississippi (pre Hurricane Katrina) I purchase uncirculated coins. I started that way. By the way, because I collect that way, I recognize I will likely never have a complete set of Morgan dollars by date and mint mark, or be able to collect all top 100, hot 50 and hit list 40 coins, but that doesn't stop me from trying or enjoying the hobby. Out side of Southern coins in Metairie and Coin and Treasure in Lafayette and Louisiana Gold in Baton Rouge, I haven't found anything worth my time or effort. What I have seen, and I don't mean to be de rigueur when I say this is mostly cleaned problem coins. Edited by Ozland
02/01/2011 11:27 pm
|
|
Valued Member
United States
175 Posts |
I prefer the HONESITY, I was taught, when talking shot from the hip, don't mince words. That being said, from asking about stamps & confederate bills etc..., Southern coins pays "half what they sell for". It might be a bargining tool.
Edited by rlcbj59
02/01/2011 11:05 pm
|
|
Pillar of the Community
United States
709 Posts |
I found a lot of junk, not worth purchasing. Problem coins no matter how long you own them are still problem coins. The only exception here is unless they are rare vams, and their value is dimished because these are problem coins, but these are worth owning.
|
|
Moderator
 United States
23522 Posts |
Never forget, one of the beauties pf playing with Morgans and Peace dollars is that there's always another one. Unless you're willing to write 4- and 5-figure checks for the true rarities, these big cartwheels are plentiful enough on the ground that patience is always rewarded. |
|
Pillar of the Community
United States
3076 Posts |
its patience and knowledge, that pays off....and it takes time...it takes time to see photo's of coins that have been cleaned...Toning that was withing all the fields, and the stains remain...AS do many coins are posted where "IF" you look you can see the stains...the toning that has been removed...Its the cleaning which for century's. they have cleaned...under there own approval....
They are offered frequently for our purchase...
|
|
Valued Member
United States
175 Posts |
If I can get the 1884-O for 40.00, is it worth it?
Edited by rlcbj59
02/02/2011 4:05 pm
|
|
Pillar of the Community
United States
709 Posts |
For a 1884-O Morgan dollar PCGS certified MS 64 forty dollar is worth it. |
|
Pillar of the Community
United States
5638 Posts |
The certification and slab authenticating the coins price alone is probably very close to that amount, not to mention the sweet coin inside, I totally agree with the man behind the curtain........LOL.
|
|
Pillar of the Community
United States
3076 Posts |
 the problem is when you choose to by a coin that is raw...in the same grade...but not slabbed....if you slab it,, your over all "investment" is beyond the "SLABBED VALUE"....which in turn is actually the value of the industries accepted value... PLUS the grading an attribution and slabbing cost.... ...Talk about price. OVERIDE...THATS SOMETHING TO THINK ABOUT....slabbed VS raw coins......thats another subject...but it is relevant... |
|
Pillar of the Community
United States
5638 Posts |
.....Which VAM do you think we will hear was found next, another 85.... another 86.......or another new find?  |
|
Pillar of the Community
United States
709 Posts |
I suspect it will be a 1880-P check mark of some sort. VAM 53 comes in a non clashed reverse and a clashed reverse. So far only five total are known and only one is clashed on the reverse. That one begs for more research. it is a hot 50 coin. In general, there is still plenty of work needing to be done on all dates and mint marks. |
| |
Replies: 160 / Views: 13,432 |
First Page
Previous Page
Posted 02/01/2011 10:10 pm
