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 Replies: 19 / Views: 3,933 |
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New Member
Israel
4 Posts |
I am new to collecting coins and have been collecting mostly Morgans for the past year. I'm a long time stamp collector that has now added another (expensive) hobby to my list. I came up with a goal of acquiring an all year set of Morgan silver dollars that includes representations from all mint marks. Is this a common way to collect Morgans? I'm just curious if this would be considered some kind of "complete" set even though it wouldn't include all coins minted for the issue. |
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Valued Member
United States
415 Posts |
Hey,
welcome to coin collecting! Depends on your budget? How much do you plan on spending in time on the set? I believe Morgans are the most expensive set that are in the 1900's years
That aside, my favorite coin and one of the most collected coin series in history. So its a very solid investment.
Matt
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Pillar of the Community
United States
4692 Posts |
One advantage of coin collecting is that you can collect any which way that you want. Morgans are popular because they made so many that they are always available -- even the lower mintage ones for a price.
Welcome to the forums.
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Moderator
 United States
14463 Posts |
 as Copperpennyconnection said, mostly depends on your budget. Known set types: - Morgan dollar mint mark set: a coin from each mint locations (4 coins) - Morgan dollar Date set: a coin from each year (28 coins) - Morgan dollar full set: all years and all mint marks (98 coins) I first started with a Date set, then kept adding extras to get to a full set, almost. Some are priced okay, some are a little more expensive, and one coin is way out of my price range. If you can find one, the 1895-P proof is $34,000.00 +  |
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Valued Member
United States
214 Posts |
 This goal is way over many budgets! (including mine) |
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Pillar of the Community
United States
1704 Posts |
Quote:I came up with a goal of acquiring an all year set of Morgan silver dollars that includes representations from all mint marks. Is this a common way to collect Morgans? I'm just curious if this would be considered some kind of "complete" set even though it wouldn't include all coins minted for the issue. Yes it is. Many collectors do not have the resources to do a complete date/mint set of Morgan dollars so a year set is the most affordable alternative. Morgan dollars do not do anything for me so I just have a Capital Plastics All Mints holder consisting of just six coins, one from each mint plus an obverse example, which suits me just fine. I went with all nicely toned coins rather than blast white just to be different.   |
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Rest in Peace
United States
10625 Posts |
The date set of Morgans is a great goal and yes it is considered a complete set by many. Dansco even makes an album for this set. I only lack the 95 (O) but I'm holding out for an AU example to maintain aesthetic balance. My long term goal is a complete set but the big dollar keys may never fit in my budget so in the meantime I'm collecting interesting VAMs. and to CCF. Remember to post updates and yes, we love to see pictures.  |
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Pillar of the Community
United States
3126 Posts |
I've been going at this exact thing for the last couple of years. It can be daunting depending on your budget. I'm up to 76 out of the 96. Still a ways to go but steady and slow wins the day :) Good Luck!
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Pillar of the Community
United States
524 Posts |
I'm working on that set my self. Down to 93',95' and a CC. Not getting MS or AU coins just average circulated on most of them. I keep mine in a Dansco Silver Dollars album with my complete Peace dollar set in the front and Morgans in the back. You might look at Peace dollars as a nice set to complete also. Only 24 coins with one key that is tough on the budget. |
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Pillar of the Community
United States
3540 Posts |
The beauty of coin collecting....YOU decide what YOU want.....as it is YOUR collection.
Which, direction can be changed at any time. As many have said before, buy the book (or two), do your homework, and get to collecting!
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Pillar of the Community
United States
2130 Posts |
I have enjoyed reading everybody's response to this question. I have been working on a complete date/mint set of Morgans for years and I have recently thought about doing just a date set. I need 6 morgans to complete the date/mintmark set but considering two of these six are the 93s and 85cc it may be a loooooong time before this set is completed. If you are working within a budget the simple date set will be much easier to complete.
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New Member
 Israel
4 Posts |
Thanks everyone for the warm welcome and your very helpful suggestions. I agree with many here that the best way to go is slow. Even though I could probably buy the whole thing in one punch what's the fun in that? I'm thinking one coin every 1-2 months to enjoy hunting for good examples and bargins.
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Valued Member
United States
415 Posts |
aww Dave700x, I just sold an 1895-O below book price! Forget if it was AU or high XF though
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Rest in Peace
United States
10625 Posts |
That's me, a day late & a (Morgan) dollar short.  |
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Pillar of the Community
United States
1116 Posts |
I'm working on the Walker / Peace dollar date set. To finish the album I'll to have collect 28 Morgans (1878 - 1903, with the 1923 tail end Charlie) with an additional 4 for each of the issuing mints (Carson City, New Orleans, Philadelphia and Denver). As far as Peace dollars are concerned I'll need 11 Peace dollars (1921 - 1935) and 2 additional for each of this series mint marks (Philadelphia and Denver). For me, the Carson City examples seem to be the budget busters. |
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Pillar of the Community
United States
524 Posts |
ghostrider, you will need a San Fran in that MM set also.
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Replies: 19 / Views: 3,933 |
Posted 10/22/2014 01:42 am
