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New Low-Grade CC Morgan

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Pillar of the Community
Canada
1731 Posts
 Posted 11/11/2012  7:56 pm  Show Profile   Bookmark this reply Add coincollect1 to your friends list
If you dont mind me asking, how much did that cost?
Valued Member
United States
66 Posts
 Posted 11/11/2012  8:11 pm  Show Profile   Bookmark this reply Add Rounder to your friends list
Coincollect1 it cost me $90 dollars.The funny thing is I looked at this coin around a year ago when I was at the shop and he told me $50 for it and I passed on it then to buy a 1882o ms63 ngc morgan with beautiful toning on the reverse.I regret not buying the 1891cc then tho.But atleast he still had it this time.
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United States
15530 Posts
 Posted 11/11/2012  8:21 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list
Beautiful coin ... and welcome to the wonderful collecting experience of chasing honestly-worn coins.

I have a few in my set ... but this is about you.



David
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
1028 Posts
 Posted 11/11/2012  8:41 pm  Show Profile   Bookmark this reply Add hesgut to your friends list

Quote:
Beautiful coin


Quote:
Nice!


Quote:
Beautiful 189-CC Morgan!


Quote:
beautiful coin.


Hmmm, to each his own I suppose.

It's a 1891-CC...a FR02 could probably be had for silver spot. For $90, you could have had an F-12. I'm not sure if you were trying to pay extra just to get the lowball set.

I've seen a 21-D poor-1 sell for $250, just because it's technically the extreme rarity in the lowball set. That buyer could of coarse, have paid spot and rubbed it down themselves and made one of his own, but, well?
Pillar of the Community
United States
1211 Posts
 Posted 11/11/2012  10:18 pm  Show Profile   Bookmark this reply Add Hondo to your friends list
hesgut, we all have our own opinions and tastes. Of course, you are entitled to yours!
If I may, as a circulated coin lover, the attraction to these coins is more about the living history than anything.

As they are beautiful to some, it's hard to argue that they are as nice looking as a high grade Morgan with edge toning.

But... How many old west bars did this coin close across? Was someone in a saloon with mark twain or doc Holliday with this coin in their pocket? The intrigue of these coins is ALL in the history!

I hope I don't sound condescending... Not my intention at all.
Valued Member
United States
66 Posts
 Posted 11/11/2012  10:34 pm  Show Profile   Bookmark this reply Add Rounder to your friends list
Hesgut , yes I could have gotten a higher grade for around the same money. But I am putting together a lowball set.

As far as buying one and rubbing it down myself doesn't really have the same history as buying a real circulated coin.

Sometimes it costs the same amount for a higher grade as it does for a lower grade for example an 1885cc pcgs will cost around the same in AG3 as it will in MS63. I assume it is due to the rarity of the coin being so worn but I may be wrong.
Thanks
Edited by Rounder
11/11/2012 11:26 pm
Pillar of the Community
United States
2734 Posts
 Posted 11/11/2012  10:46 pm  Show Profile   Bookmark this reply Add DNA to your friends list
I'm assembling a raw AG-3 CC Morgan Set.
My 1893-CC on the left is flirting with FR-02, especially the reverse.
New-Low-Grade-CC-Morgan
New-Low-Grade-CC-Morgan
One reason why I love my VG-8 and AG-3 1884-CC's: 84.7% of all the 1884-CC Morgans ever minted stayed in the vault until they were sold in the GSA sales 1972-80!

Quote:
I assume it is due to the rarity of the (1885-CC) being so worn

If that was true, a worn '84-CC would be worth even more. I've had over a dozen raw 1885-CC's in AG-3 to choose from, but the only 1884-CC AG-3 I've ever seen in person is the coin above!
1885-CC's are rare in all grades, and only 65% of the mintage was sold by the GSA.
Edited by DNA
11/11/2012 10:55 pm
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United States
16679 Posts
 Posted 11/11/2012  11:31 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list
DNA, the 93-CC is right on the border of FR2/AG3 IMO. I'm actually leaning more toward AG. The 1884 appears to be G4...maybe.
swcoin.ecrater.com
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United States
2734 Posts
 Posted 11/11/2012  11:42 pm  Show Profile   Bookmark this reply Add DNA to your friends list

Quote:
The 1884 appears to be G4...maybe

With rim wear past the edges of letters and numbers on both sides?

My "no-denticles" worn-rim 1879-CC and 1890-CC AG-3's nonetheless have all
the edges of their letters intact, unlike this '84.

Okay, I have to admit that even PCGS has been a bit lenient with circulated CC Morgans,
and that the '84's Liberty and Eagle are G-4 detail level.
Edited by DNA
11/11/2012 11:47 pm
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16679 Posts
 Posted 11/11/2012  11:55 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list

Quote:
Okay, I have to admit that even PCGS has been a bit lenient with circulated CC Morgans,
and that the '84's Liberty and Eagle are G-4 detail level.



swcoin.ecrater.com
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United States
2734 Posts
 Posted 11/12/2012  12:18 am  Show Profile   Bookmark this reply Add DNA to your friends list
Sorry, vermontensium, didn't mean to freak you out, ,
but I've seen my fair share of PCGS G-4 CC Morgans that really should be AG-3's, strictly speaking.
No rim denticles left on either side of the coin should be an automatic AG-3,
but PCGS has skated many better/key Morgans up to G-4 because of the Liberty/Eagle
(including a few 1893-S coins, and that grade inflation is more significant there than for any CC!).
Pillar of the Community
United States
1770 Posts
 Posted 11/12/2012  4:09 pm  Show Profile   Bookmark this reply Add M0nks to your friends list
i love worn CC's as I've stated before so much history of the people holding these coins ( specially in the old west ) really makes you think, afterall these coins were meant to be used and I'm glad they were. MS coins are just eye candy
New Member
United States
38 Posts
 Posted 11/14/2012  9:24 pm  Show Profile   Bookmark this reply Add CC-Loosechange to your friends list
Just picture the coin being plunked down on the bar in Virginia City for a whiskey. History in your hands my friends!

CC-Loosechange
Valued Member
United States
99 Posts
 Posted 02/16/2017  8:47 pm  Show Profile   Bookmark this reply Add jim7219 to your friends list
With all the fancy coins in slabs its nice to see one with history. If that coin could talk! Anybody guess how many people touching it would it take to get that wear?
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United States
1963 Posts
 Posted 02/16/2017  8:51 pm  Show Profile   Bookmark this reply Add coin197 to your friends list
One. Use it as a pocket piece for 60 years, and you have a lowball.
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