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I Bought An Ugly Morgan

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Darth Morgan's Avatar
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 Posted 02/18/2015  12:39 pm Show Profile   Bookmark this topic Add Darth Morgan to your friends list Get a Link to this Message Number of Subscribers
But I still like her. Not too bad for only $21.00. She looks like she went "mudding" in the back woods.

I-Bought-An-Ugly-Morgan

I was in a bidding mood Sunday night while browsing Great Collections. I was looking for cheap, circulated Morgans. I was a able to scratch 3 off my list. Here are the other ones I purchased:

I-Bought-An-Ugly-Morgan

The 1894-O is rather dull, but I liked it enough at $36.00:

I-Bought-An-Ugly-Morgan

I-Bought-An-Ugly-Morgan

It was fun going on a small spending spree. Gotta watch that.
Edited by Darth Morgan
02/18/2015 12:40 pm
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SsuperDdave's Avatar
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 Posted 02/18/2015  1:04 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I see no ugliness in this thread.
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Prethen's Avatar
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 Posted 02/18/2015  1:07 pm  Show Profile   Bookmark this reply Add Prethen to your friends list Get a Link to this Reply
Except for the strange toning/surfaces of the first one, I agree with Dave.

I'm curious, though. Are you aiming only to buy slabbed Morgans? I would think that most dates/mm's are extremely available at any local coin show for around what you're paying, if not less, then the above purchases. Plus, you have the bonus of seeing the coins in hand, being selective, and bargaining.
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Night Hawk's Avatar
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 Posted 02/18/2015  1:36 pm  Show Profile   Bookmark this reply Add Night Hawk to your friends list Get a Link to this Reply
Any Morgan you can get for that price, ugly or not, is worth picking up.
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Darth Morgan's Avatar
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 Posted 02/18/2015  2:00 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
I'm curious, though. Are you aiming only to buy slabbed Morgans?


Oh, no. I like both raw and certified. The vast majority of mine are raw. I simply love any and all Morgans, truth be told, whether they be raw/certified or MS/circulated. These were an impulse buy for me. I already have an 1889-O, but I just wanted to have that one as soon as I saw it. When I ran across the listing there was only 20 seconds left. I placed a bid at the last second and got it. Exciting! Next thing you know, and 5 minutes later, I had snagged 3 more. I do store my raw Morgans in those Coin World premiere coin holders, which are nearly identical to PCGS.


Quote:
I see no ugliness in this thread.


I knew I could count on you, SD.

By the way, I got the 1886-O for $26 and the 1880 for $36. Of course, each item had a buyers premium of $5. I think I did better than I would have on ebay, but I've had good days on ebay too.
Edited by Darth Morgan
02/18/2015 2:05 pm
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matttheriley's Avatar
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 Posted 02/18/2015  2:53 pm  Show Profile   Bookmark this reply Add matttheriley to your friends list Get a Link to this Reply
I could think of a heck of a lot worse ways to spend $139! I really like the 1894-O, it appears to be a rotated die. I don't know VAMs, but I'm sure the experts will be along soon. Nice coins!
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Darth Morgan's Avatar
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 Posted 02/18/2015  3:11 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
I could think of a heck of a lot worse ways to spend $139! I really like the 1894-O, it appears to be a rotated die. I don't know VAMs, but I'm sure the experts will be along soon. Nice coins!


Thank You! Yeah, I hope someone does chime in with regards to any potential VAMs.
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Lucky Cuss's Avatar
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 Posted 02/18/2015  3:26 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list Get a Link to this Reply
I'd just remark that with respect to the 1880, it surprises me that relative to the total mintage how few have been certified by PCGS in MS grades. In fact, the numbers are roughly comparable to those for the 1880-CC.
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SsuperDdave's Avatar
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 Posted 02/18/2015  4:10 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Thank You! Yeah, I hope someone does chime in with regards to any potential VAMs.


I considered it before I posted. The '86 and '90 New Orleans coins have prominent clashing VAMs, but they'd be visible here and that's the only varieties of real interest.

Always look for clashing on New Orleans Morgans. They're overrepresented among the added-value clashed varieties.
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srs77's Avatar
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 Posted 02/18/2015  4:15 pm  Show Profile   Bookmark this reply Add srs77 to your friends list Get a Link to this Reply
I don't believe there such a thing as an ugly Morgan
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Buddy's Avatar
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 Posted 02/18/2015  4:25 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply

Quote:
I could think of a heck of a lot worse ways to spend $139!





Those are surely nice additions to your collection.

I think circulated coins are really interesting and they have captured my imagination and attention.
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DoubleEagle20's Avatar
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 Posted 02/18/2015  10:55 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
I think they look way nicer than blast white, bleached out "dipped" Morgans.

I have eliminated just about all of the blast white Morgans from my collection, in favor of nice looking original surface circulated ones. IMHO, much more attractive.
Edited by DoubleEagle20
02/18/2015 11:00 pm
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Gyrene7483's Avatar
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 Posted 02/18/2015  11:33 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
The 1889-O looks like it could have been in the pocket of a coal miner. I like how it looks.

I do not understand why some people get low grade common date Morgan dollars slabbed. If it were a popular VAM or for a low ball set I can get that.

You did well in your buying spree. not an ugly one in the bunch.
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Scropper's Avatar
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 Posted 02/19/2015  12:08 pm  Show Profile   Bookmark this reply Add Scropper to your friends list Get a Link to this Reply
Yeah, on what Buddy said... Coins handled with kid gloves by collectors for generations surely are neat, but coins that *did their job* are even more interesting. Particularly Morgans, for which so many were simply part of large transactions and thus never handled, but rode trains back and forth.

Nothing wrong with those, and they surely are pretty, but the idea of a Good New Orleans or Carson City Morgan finding its way through a brothel or poker game and on to buy some milk (and a whole lot of other things)... or a horse or what have you, that's really fun to think about!

I think I see three or four ladies here with some stories to tell. Well done!
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Darth Morgan's Avatar
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 Posted 02/19/2015  1:26 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
I think they look way nicer than blast white, bleached out "dipped" Morgans.

I have eliminated just about all of the blast white Morgans from my collection, in favor of nice looking original surface circulated ones. IMHO, much more attractive.


Yeah, I have really moved toward buying mostly circulated Morgans now- and they are CHEAPER! I love the contrast that circulation gives to old silver coins. They are a lot easier to photograph too. After all, I'll have to get lower grade Morgans for those expensive key dates when the time comes. But that's OK because I love the look of a good 'ol circulated Morgan dollar.

For me, "lower grade" means that the coin did its job during its circulation years.


Quote:
I do not understand why some people get low grade common date Morgan dollars slabbed. If it were a popular VAM or for a low ball set I can get that.


Ya know, I thought the exact same thing when I ran across these. Basically, with the price I paid, the certification/encapsulation was free.


Quote:
Yeah, on what Buddy said... Coins handled with kid gloves by collectors for generations surely are neat, but coins that *did their job* are even more interesting. Particularly Morgans, for which so many were simply part of large transactions and thus never handled, but rode trains back and forth.

Nothing wrong with those, and they surely are pretty, but the idea of a Good New Orleans or Carson City Morgan finding its way through a brothel or poker game and on to buy some milk (and a whole lot of other things)... or a horse or what have you, that's really fun to think about!


A wonderful assessment. I too often wonder where these circulated Morgans have been during their lifetime. It is fun to contemplate such things. I like how you put it: these coins *did their job*.

Thanks for all the comments! These ladies are scheduled to be delivered tomorrow!
Edited by Darth Morgan
02/19/2015 1:30 pm
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SsuperDdave's Avatar
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 Posted 02/19/2015  1:58 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Coins end up in slabs for reasons other than authentication and monetary worth. Perhaps it had sentimental value to the original submitter. Perhaps they were clueless. Most likely, they made up a minimum submission quantity for a dealer who has a volume pricing agreement in place.
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