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Replies: 19 / Views: 2,722 |
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New Member
United States
27 Posts |
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Pillar of the Community
United States
7390 Posts |
 ... To the jungle! Not too shabby  Keep it up but just avoid the VAM aspect or you'll get totally sucked in 
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Rest in Peace
United States
10625 Posts |
Welcome to the club! Stick around and I guarantee you will end up knowing a lot. 
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Pillar of the Community
United States
2815 Posts |
You started collecting Morgan dollars, which means you are already winning. My favorite coin- kinda obvious given my forum name and avatar.
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New Member
 United States
27 Posts |
I'm already more confused than when I posted, haha. The VAM thing is kinda confusing. I am sure I will learn it all over time. ha
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Rest in Peace
United States
10625 Posts |
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Moderator
 United States
187950 Posts |
Nice start! 
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Pillar of the Community
United States
1582 Posts |
 You couldn't have found a better place to increase your knowledge of coin collecting. Some of the smartest people on the subject are members of this community. Ask many questions, and learn. I commend your first choice of coins to collect, but be warned.....Morgan Dollars are addictive.
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Pillar of the Community
United States
2815 Posts |
Ralph is speaking from experience. Trust me. 
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Pillar of the Community
United States
1704 Posts |
If you are going to actively collect Morgan dollars I recommend you get the Red Book's Guide to Morgan dollars by Q. David Bowers it is a great source of information. Quote: Morgan Dollars are addictive. HA! Coin collecting is addictive. I am not a Morgan dollar collector and many others who are not have the same affliction as the die hard Morgan dollar collectors have. Darth Morgan, I want your avatar coin. That peripheral blue toning is awesome.
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Pillar of the Community
United States
6478 Posts |
Welcome! Morgan dollars are my favorite to hoard in cull condition. Lol. I only have 3.
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New Member
 United States
27 Posts |
Thank you for all the replies. I don't have many Morgans yet because they are more expensive. The ones I have I have gotten from pawn shops that were selling them pretty close to spot value on them. I am thinking of starting a WL half book because I have way more of those than anything. Also I am almost done with my Roosevelt book that goes up to 1963 or 64 one, I am only about 5 spots shy of having it completed. Did I over pay for the Morgans I posted? I gave about $18-$20 each for them at different places.
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Pillar of the Community
United States
7390 Posts |
At that price you couldn't have overpayed unless you're a dealer :) you did good!... as a rule of thumb ANY low grade Morgan, no matter the condition, unless it's cut in half is valued at least $5 over silver spot retail. You got it at $3-$4 over. And those have decent eye appeal for what they are 
Edited by Cascade 04/26/2015 5:15 pm
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Moderator
 United States
187950 Posts |
Quote: Ralph is speaking from experience. Trust me. I concur with that statement. 
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Bedrock of the Community
United States
20753 Posts |
 You do realize your about to invest a lot of money in those if all in that condition.
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Pillar of the Community
United States
3112 Posts |
Welcome aboard! And watch out... once you start vamming there is no stopping! :)
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Replies: 19 / Views: 2,722 |