1902-S Morgan - Coin Community Forum

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Author	Replies: 6 / Views: 950
jedichef Pillar of the Community United States 781 Posts	Posted 10/16/2011 04:01 am This was another of the small group of coins I was thinking of getting slabbed. would it be worth it? I'm only slabbing a few of my higher replacement value pieces for insurance purposes, not for sale. a friend of mine recently lost a lifetime's collection in a burglary and the insurance company is fighting over bullion value vs numismatic replacement value since none of the coins were singled out (slabbed) to prove value. it would be like losing a 1916 SLQ and only receiving reimbursement for "silver quarter"...that would suck. this is my 1902S Morgan. i'd hate to lose it and receive "silver dollar" reimbursement. If you'd like to to chime in with opinions on grade and approximate value, that'd be much appreciated! Report this Post to the Staff

coinguybrian Rest in Peace United States 5375 Posts	Posted 10/16/2011 04:35 am VG-10 Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 10/16/2011 1:44 pm I think it is probably a VG-10, maybe a F-12. Report this Post to the Staff
okiepb Pillar of the Community United States 1213 Posts	Posted 10/17/2011 09:08 am I'd agree with VG-10. Report this Post to the Staff
jessvc1 Pillar of the Community United States 2596 Posts	Posted 10/17/2011 11:14 am The rim is full. The cotton balls and leaves are worn but dont merge, the hair is mostly worn but still has details and the hairline is pretty much there. The eagle is worn but I can see some detail on the neck and wings, I want to say F but I will go VG10. Report this Post to the Staff
jedichef Pillar of the Community United States 781 Posts	Posted 10/17/2011 11:22 am would this even be worth slabbing? I don't feel as though there'd be much room to recoup replacement value in the event of loss once I get through paying all the TPG fees compared to base Morgan dollar value... Report this Post to the Staff
shadowtrooper78 Pillar of the Community United States 1370 Posts	Posted 10/19/2011 11:52 am I wouldn't slab it. And depending what state you are in you can get a rider on your home policy to cover collectibles and it's typically inexpensive. Give a list of your coins to your agent and their approximate grade and value. Photo documentation would also be good. This is what I recommend for my customers (I'm and insurance guy. Some companies will let you purchase a blanket coverage for up to 50k as long as you have no single item worth more than 5k without an appraisal. Report this Post to the Staff
	Replies: 6 / Views: 950

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