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1921 Morgan

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Author Previous TopicReplies: 13 / Views: 960Next Topic  
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Buffalo Bill's Avatar
United States
93 Posts
 Posted 12/06/2013  7:41 pm Show Profile   Bookmark this topic Add Buffalo Bill to your friends list Get a Link to this Message Number of Subscribers
1921-Morgan
1921-Morgan
1921-Morgan
1921-Morgan
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/06/2013  7:53 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Wow. This looks like two different coins. The top coin could be 62-63, and the bottom one looks like a polished AU.
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Buffalo Bill's Avatar
United States
93 Posts
 Posted 12/06/2013  7:58 pm  Show Profile   Bookmark this reply Add Buffalo Bill to your friends list Get a Link to this Reply
It's not polished. The sharp lighting angles on the the last two was an effort to pick up the scratches.
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Buffalo Bill's Avatar
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 Posted 12/06/2013  8:06 pm  Show Profile   Bookmark this reply Add Buffalo Bill to your friends list Get a Link to this Reply
The straight on obverse and reverse are more representative of the coin. Most of the damage is to the cheek which you can't really see straight on.

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zxcccxz's Avatar
Canada
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 Posted 12/06/2013  8:27 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
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Buffalo Bill's Avatar
United States
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 Posted 12/06/2013  8:29 pm  Show Profile   Bookmark this reply Add Buffalo Bill to your friends list Get a Link to this Reply
1921-Morgan

1921-Morgan
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 Posted 12/06/2013  8:46 pm  Show Profile   Bookmark this reply Add Kman to your friends list Get a Link to this Reply
Perfect AU58
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panzaldi's Avatar
United States
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 Posted 12/06/2013  8:47 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
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SsuperDdave's Avatar
United States
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 Posted 12/06/2013  8:54 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
It's not polished. The sharp lighting angles on the the last two was an effort to pick up the scratches.


OK, I'll buy that; I don't think the original two images would be possible if it were actually polished.

I'm going to agree with Kman on this one, a "perfect 58." Not because I see wear - I don't, necessarily, and 1921 Morgans are among the toughest of all coins on which to see minor wear - but because the totality of the marks visible seem to me to indicate circulation has occurred.
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Buffalo Bill's Avatar
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93 Posts
 Posted 12/06/2013  9:37 pm  Show Profile   Bookmark this reply Add Buffalo Bill to your friends list Get a Link to this Reply
That's kinda what I thought.

What do you think is a reasonable price for this one.

I just checked ebay. Slabbed 58s range from $75 - $27. Most in the $30 - $40 range with free shipping.
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SsuperDdave's Avatar
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 Posted 12/06/2013  9:46 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
What do you think is a reasonable price for this one.


On the lower end of your estimates. There's nothing rare about 1921 Morgans, so one can expect easy availability and no price pressure. Still, it's a big ol' cartwheel of silver and if I could have it in the low $30's shipped, I'd grab it.

Technically, its' "true" value is even less than that, but this is no longer even the world of 2004 when I first became interested in Morgans. The Internet has made information even cheaper than silver; not only are more collectors becoming aware of the appeal of these but so are those who wish to diversify even though they don't have megabucks in their investment portfolios. This doesn't mean I'm bullish about silver or silver coins as an appreciating investment, but that I'm bullish on them as becoming perceived as a "solid" investment.

Like they've been all along to those in the know.

This is a $25 coin, inflated by demand, but I don't see that demand ever lessening again. The cat is out of the bag.
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Buffalo Bill's Avatar
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 Posted 12/06/2013  9:56 pm  Show Profile   Bookmark this reply Add Buffalo Bill to your friends list Get a Link to this Reply
Thanks Dave.

It was advertised as BU with smallish pictures.

I paid less than $30 each for a pair. The other is nicer. I didn't take pictures of that one yet.

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Joseph7420's Avatar
Canada
11922 Posts
 Posted 12/06/2013  10:11 pm  Show Profile   Bookmark this reply Add Joseph7420 to your friends list Get a Link to this Reply
MS-62.
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SsuperDdave's Avatar
United States
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 Posted 12/07/2013  2:13 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I paid less than $30 each for a pair. The other is nicer. I didn't take pictures of that one yet.


Well-bought. I don't see you ever losing money at that price. In an increasingly-electronic world, silver has as much industrial demand as it does as a precious metal, and competition is fierce.
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