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 Replies: 14 / Views: 3,009 |
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Valued Member
Canada
158 Posts |
I'm slowly filling my Morgan collection, all in MS condition and all graded. I'm now at the point I have been putting off due to the cost, but it's time to cross the CC bridge. My question is this.....what are the key CC dates, and is there anything in particular I should be keeping my eyes open for? I'm hoping to keep counterfeits out of the picture by sticking with graded coins and checking the numbers and pictures of the coins with known pictures. Any known errors or varieties? Any help would be appreciated.
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Moderator
 United States
23522 Posts |
It's, um, kind of like this: 1878, 1882, 1883 and 1884 are the only Carson City dates which don't qualify as "key" in one sense or another. All will carry a premium over just about any year/mint combination, and some of them will be a financial stretch in any condition at all. You'll find 1889 (of course), 1885 and 1879 to be the most uncomfortable. 1881, despite its' seemingly-low mintage, isn't as bad as it looks because they avoided melting; more than half of the total mintage appeared in the GSA sales of the 1970's. All the same, 1882-1884 are the only ones you're going to find in Mint State for less than $200 each. The 1889 will set you back over $10,000 in Mint State, and you'll be lucky to get the 1885 and 1879 for less than $5,000.
Varieties abound. There are, however, few Carson City VAMs which carry a significant premium, so that won't be much of a worry for you.
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Valued Member
United States
256 Posts |
All CC Morgan dollars were minted in low numbers, but here are the key dates for the series: 1879-CC, 1880-CC, 1881-CC, 1885-CC, 1889-CC, and 1893-CC. The hardest one to get will probably be the 1889-CC, it wasn't the lowest minted CC, but lots were melted down before they were released. Here is a website that has all know Morgan dollar varieties. http://www.vamworld.com/Morgan+...By+DateHope this helps! |
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Pillar of the Community
 United States
1551 Posts |
The 1892 CC is not cheep as well and a UNC detail 1889 CC hammered at FUN's Heritage sale for just short of 20,000.
I do have a few 1889 cc in pcgs that are on the lower end also. all 3 are V-4a clashed WITH "no e"``
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Pillar of the Community
United States
3184 Posts |
do you know how much a 1893s in bu will cost ya? :)
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Pillar of the Community
United States
1551 Posts |
Only 1 arm and half a leg!  |
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Pillar of the Community
968 Posts |
The coolest varieties in the CC's are the 1879-CC Capped Die and 1890-CC Tailbar. 1880-CC Reverse 1878 is pretty cool as well. The 1878-CC DDO's are pretty interesting, but nothing crazy like a hot lips and take a keen eye to spot. The others are naked eye varieties you can pick up on even with horrible images. I'm obviously partial to tailbars, I own about 2 dozen. :) |
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Valued Member
 Canada
158 Posts |
Thanks for the info everyone. Just as I expected, this will be the expensive part of the collection  |
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New Member
United States
36 Posts |
So would it worth it to acquire the CCs in the "poor" condition? They go for $60-70. Or just stay away from anything below a 25 grade, maybe nothing under a "Good" perhaps?
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Pillar of the Community
968 Posts |
I personally don't collect Morgans below VF. It's all personal preference.
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New Member
United States
36 Posts |
Just real heistant on buying something thats not even a "grade" if that makes any sense. Like you said chasingtailbar, nothing below VF.
I want to sell some stuff and with that upgrade it to some CCs. Some good quality ones.
Good plan? what you guys think?
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Valued Member
United States
320 Posts |
I think having it in a low grade is better then not having it at all 😊. I have at least 50 low grade cc's and I think they are all great.
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Pillar of the Community
968 Posts |
I felt that way when I first started collecting, Ant... now my tastes have evolved and I want quality over quantity. I bet your tastes do the same thing and you will eventually part with most of those lower-grade coins for higher-grade material.
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Valued Member
United States
320 Posts |
Your absolutely right CTB, but you have to remember a lot of mine came from family. I have bought 5-10 cc's myself over the last few months and still do when the price is right. I think they are collectible in any grade. But I would imagine if someone dosent really have the money to buy 13 morgans at MS levels, a low grade one is a good option. They can always upgrade when they save up. And with online auction sites like ebay, you can get about 90%+ what its worth instead of 40-50% from a dealer. Not saying all dealers do that lol |
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Moderator
United States
23522 Posts |
Carson City Morgans enjoy their own bespoke market - the cachet of their originating Mint - which makes holding lower-grade examples more attractive than other Morgans. Generally speaking, collectors' tastes tend to evolve towards higher-grade examples as their experience grows for both aesthetic and solid financial reasons. Worn Carson City Morgans, for all they give up in aesthetic quality, lose nothing in relative market premium and are therefore (to me) a pretty solid buy in any grade.
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Replies: 14 / Views: 3,009 |
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Posted 02/19/2014 9:58 pm
