The main thing is, everyone starts off at the same place, so education is your friend, so before buying higher priced coins you have to understand the series. There is an old saying, buy the book before the coin, so you don't make expensive mistakes. Like Ben Franklin said, if you think education is expensive, try ignorance. And it still applies today.

A great book on Morgans is the following:
http://www.amazon.com/Guide-Morgan-...96679&sr=1-1The prices will be outdated, but if you want accurate prices, the dealers go by the Grey Sheet:
http://www.greysheet.com/