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Are These Morgans Destined For Melt?

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fenton's Avatar
United States
4989 Posts
 Posted 11/23/2011  01:51 am  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
I find dark crescent toning an an MS coin, particularly near-gem, pretty spectacular and will pay a premium. Here's an example from my collection:

Are-These-Morgans-Destined-For-Melt?

It's still pretty on a circulated coin and is MUCH more attractive than an all-dark example but probably would not command a big price premium. Generally, I think those Morgans would for the most part be worth fair market value for their grade.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 11/23/2011  09:25 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
Morgans seem to be going for a nice premium over melt these days, so even though they are toned you will get a premium. I stopped by my local coin shop the other day and tried to get the guy to sell me some VGs for melt - he laughed and told me he can get way more than melt.

If you do decide to sell my preference would be to purchase a semi key slabbed coin with the proceeds (may need some extra $$ to get something nice though).
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/24/2011  01:20 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
if you had been about 10 years earlier you may have gotten some "nicely" toned coins out of there. In time as you have already been told these are the final stage of toning "black". The only difference between a colorful toned coin and one that is black like yours is that they were removed from the conditions that were toning the coins before they turned black
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