1899 O Morgan Grade - Coin Community Forum

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Author	Replies: 11 / Views: 1,067
kanga3375 Valued Member United States 90 Posts	Posted 06/27/2015 6:05 pm This is the best one of four VG 08? 1899 O, 1879, 1886 O, 1900 O Thanks Report this Post to the Staff

nlp coins Pillar of the Community United States 2373 Posts	Posted 06/27/2015 6:48 pm I see VG8 too. nlp Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 06/27/2015 6:49 pm Report this Post to the Staff
kanga3375 Valued Member United States 90 Posts	Posted 06/27/2015 6:53 pm save or scrap? Report this Post to the Staff
paralyse Bedrock of the Community United States 12057 Posts	Posted 06/27/2015 7:16 pm Grade: VG-8 details, rim damage. Just my one (Morgan) dollar -- all Morgans are worth more than scrap at the moment. Strangely enough, there are far more AU and MS Morgans around than circulated examples, and some collectors even actively pursue the circulated grades just to stand out / be different from the slab boxes full of TPG MS coins and GSA CC dollars. I wouldn't scrap a Morgan even if I had 10 in better grades, just because, but there are plenty of bullion dealers out there who will buy them by the bagful for gleeful conversion into, at most, $12.20 per coin (at 6/27 retail spot price.) Never mind they could get $15 or $20 or even more on an auction site for the same coin; the profit's not an issue, the convertibility is, and bullion bars or even ASE's are easier to move than Morgan dollars when it comes to investors who play the precious metals game. Just my opinion, so don't be too offended if you had already planned to scrap the coins. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis Report this Post to the Staff
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 06/27/2015 7:22 pm I'm at VG also. Quote: save or scrap? The numismatic premium for any undamaged, unimpaired Morgan continues to be such that even the most common issues don't fall into the "junk silver" category. So I see this one at least (even with the minor rim bumps) as a "save". I've developed a bit of a liking for Morgans in the lower grades. From an aesthetic standpoint, he design seems to withstand heavy wear better than many others. Colligo ergo sum Edited by Lucky Cuss 06/27/2015 7:28 pm Report this Post to the Staff
Rollsearcher37 Pillar of the Community United States 1295 Posts	Posted 06/27/2015 7:24 pm VG-08 Report this Post to the Staff
Joseph7420 Bedrock of the Community Canada 11922 Posts	Posted 06/27/2015 9:28 pm VG-8. Report this Post to the Staff
IndianGoldEagle Bedrock of the Community United States 36826 Posts	Posted 06/27/2015 9:40 pm VG-8 Report this Post to the Staff
rahtbarg Valued Member United States 258 Posts	Posted 06/27/2015 10:24 pm VG-08 Report this Post to the Staff
edweather Pillar of the Community United States 7375 Posts	Posted 06/28/2015 12:42 am Heck, just stick it in your pocket. Report this Post to the Staff
Coinfrog Bedrock of the Community United States 94367 Posts	Posted 06/28/2015 2:59 pm VG-08 almost textbook. Report this Post to the Staff
	Replies: 11 / Views: 1,067

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