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 Replies: 19 / Views: 3,303 |
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Valued Member
United States
66 Posts |
I decided to start a certified low-grade Morgan CC set. Here is the first of the set I picked up from my LCS. This will probably take me awhile to put together but should be fun to work on. I will continue to post pictures as I acquire more pieces to this set. Feel free to post pictures of yours as well, I enjoy looking at them. Thanks!   |
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Pillar of the Community
United States
3276 Posts |
 And that is awesome! I love seeing worn large dollars like that. Especially neat being a cc. |
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Pillar of the Community
United States
1211 Posts |
beautiful coin. great start to what will be a great collection.
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Pillar of the Community
Canada
1411 Posts |
Beautiful 189-CC Morgan! It's really hard to do a lowball set of CC Morgan dollars as so few circulated! Edited by Windchild
11/11/2012 7:24 pm
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Pillar of the Community
Canada
3167 Posts |
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Pillar of the Community
Canada
1731 Posts |
If you dont mind me asking, how much did that cost?
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Valued Member
 United States
66 Posts |
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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Moderator
 United States
15441 Posts |
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 |
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Pillar of the Community
1028 Posts |
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? |
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Pillar of the Community
United States
1211 Posts |
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.
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Valued Member
United States
66 Posts |
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
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Pillar of the Community
United States
2734 Posts |
I'm assembling a raw AG-3 CC Morgan Set. My 1893-CC on the left is flirting with FR-02, especially the reverse.   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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Moderator
United States
16679 Posts |
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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Pillar of the Community
United States
2734 Posts |
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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Moderator
United States
16679 Posts |
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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Pillar of the Community
United States
2734 Posts |
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!). |
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Replies: 19 / Views: 3,303 |
Posted 11/11/2012 7:13 pm
