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Replies: 23 / Views: 4,259 |
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Pillar of the Community
 United States
1285 Posts |
Quote: not for raw coins but for plastic My spec (speculation) - Most of the raw coins out there, unless you know what you are doing..will have a tough time getting into plastic in the future so to say. As most of the older coins have been tampered / slight cleaning etc in some manner.
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Pillar of the Community
United States
1554 Posts |
Most collectors and dealers I know could care less about "plastic". It's fairly easy to tell if a coin has been tampered with under close examination. It's very important to learn about the coins you collect before assembling a collection, unless of course you just want other folks to tell you what grade/condition/example of coin you have.
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Pillar of the Community
United States
1554 Posts |
I forgot to also say that in my opinion, I do not beleive that most older coins have been tampered with or cleaned as stated above...quite the contrary as to what I come across...a small percentage only.
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Pillar of the Community
United States
5632 Posts |
1893,
I would say according to the going rate for Morgans these days, you did very well... Provided the coins you bought were the grade you stated, not that I do not believe you, I just know people on the whole do NOT have a clue how to grade a coin, I know you said you do, Good Deal......PS, I have been paying for slabbed 64's more than that, I'll tell you that......( cherrypicking B1'S )!!
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Pillar of the Community
United States
1554 Posts |
Yes, slabbed coins are higher in price than raw for sure!! Yeah, I'm not worried what I paid as I've looked at thousands the last 40 years. I looked them over tonight again and they all look OK, some better than others, but, on the average nice 64's. I buy from this seller monthly and have done so for some time now. He was connected to my mentor who I started with in 1968. Prices are deffinately up and no doubt will stay there indeffinately if not forever..... By the way I forgot to respond to Alladin on the prices of 65's.....they were selling from $160 to $170 depending who you knew and slabs were as usual commanding a better price. Thanks Morgans Dad for the heads up! Have a good time collecting!
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Pillar of the Community
United States
1554 Posts |
Oh, and also in keeping my posts in this thread in regards to the VAM forum....I did find a few minor VAM's, this is why I like buying raw coins more now than ever....It's late and I will be more specific later on them and maybe get some help/input from you good folks>>>>CHEERS
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Pillar of the Community
United States
5632 Posts |
1893, I have been searching for a particular type set and have a few mentors,ONE whom I believe is a PCGS snob,(LOL) I have for this set, been looking for only slabbed coins, I NEVER would believe I would be looking for slabs as I have ALWAYS collected raw and loved it, I feel if you are an educated buyer, can grade the coins you seek, and know the Vams well, that you are looking to cherry pick you should do well.
I have found a few things out I did not plan on, the price of AU is steadily climbing, which is good as a silver collector, and the slabs I am checking out are also not getting any cheaper, I just paid $220.00 for a PCGS slabbed MS 64+ Morgan,( Anna looks good)!! THIS is not getting better, however I am a true hobbyist/collector and sometimes the things we wish to try and put together, are costly, Be Well, Mike.....
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Pillar of the Community
 United States
1285 Posts |
There is an interesting discussion on CU about this. Topic / thread id is 811700 for anyone interested.
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Bedrock of the Community
United States
14454 Posts |
all I ever look at is 1878 Morgans and have noticed the price has dropped considerable amount in the past year on 64's and 65's in both NGC and PCGS slabs. I am talking the price has dropped about $300.00 in MS-65. I guess everyone is buying junk silver and have no money to buy the nice stuff right now so its definitely a time to buy some of the coins you couldn't afford last year at this same time
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Pillar of the Community
 United States
1285 Posts |
I mainly look at O mm's and do venture off once in a while into non O's that interest me.
When I first started researching Morgan's (diff years, mm's and grades etc a few months ago) it was very evident to me the 63/64 area was way under priced compared to other grades at that time. Also, at particular price point's thing get very subjective as it relates to collectible coins and currency as the universe of collectors at that level are a select few.
I do agree that some are selling the nicer coins / currency to jump into the metals.
At some point in the future I will look into buying some of the key and semi key dates in higher grades.
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Bedrock of the Community
United States
14454 Posts |
when I started collecting Morgans I looked at the price guides also and that is why I focused on MS-64 Morgans. The p[rice from 63-64 wasn't that much different but from 64-65 was usually quite a big jump in most dates, so I decided the MS-64's was where the biggest gains could be made. Of course at the time I didn't really know much about coin grading or much about what it meant (just knew it was graded 1-70). I had done my research before buying though and did focus on PCGS and NGC coins. This worked out pretty well until silver prices started climbing so fast, that is why I say I think everyone is buying junk silver and all the 64's and 65's are way under what they were as little as a year ago, with 64's still losing less ground than the 65's have
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Pillar of the Community
 United States
1285 Posts |
Bryan, What was the price range of the 64's about a year ago. When I started looking at common date graded Morgan's they were in the 55 to 60 area.
Also is there a free chart or price history of generic graded ms 64's (morgans) on line somewhere? Only one I saw has the key date Morgan's.
Thanks
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Bedrock of the Community
United States
14454 Posts |
this is from June 30th 2008 http://classic-web.archive.org/web/...l.aspx?c=744 The actual prices the coins sold for at that time will differ from their prices show because that is retail and they sometimes sold for a hundred dollars less consistently but anyway that is the only date I can seem to find
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Pillar of the Community
 United States
1285 Posts |
Based on last weeks prices 63's are lagging BUT I am not seeing anything for my collection / want to pick up.
I wonder how long this weekly bump up will last.
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Bedrock of the Community
United States
14454 Posts |
I sold a few duplicates and said I wasn't going to buy any coin unless I needed it for an upgrade and then all of a sudden VAM-80's came crawling out of the woodwork and since I have so much trouble finding a VAM-80 (in any grade) I did buy all of them I could find. I am also getting ready to upgrade my camera to a dSLR camera and that was the reason for selling my duplicates but I spent quite a bit more than expected on these coins so I am going to have to wait a week or so on the camera
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