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Would You Bid On These Morgan's?

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Slider23's Avatar
United States
4469 Posts
 Posted 07/19/2015  12:12 pm Show Profile   Bookmark this topic Add Slider23 to your friends list Get a Link to this Message Number of Subscribers
Please look at the roll of unopened silver dollars with a 1884 Morgan showing up for auction on ebay. Is the roll from the mint or rolled after release? Do you think the roll has been opened? It reminds me of the sealed coins in a jar up for bid.


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Cascade's Avatar
United States
7390 Posts
 Posted 07/19/2015  12:22 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
The mint NEVER paper rolled morgans. Stay away from auctions like this! You can buy paper rolls like that and fill them with whatever you like. These are in.the same class as the "estate" glass jars.
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 07/19/2015  12:24 pm  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
I would pay for the end coins and then assume culls or worn coins inside and no more.

Don't believe these came from the mint rolled ever, just in bags. Haven't been wrong on anything yet today though so I am due for a mistake.


Run away from listings like that. If you want to buy a roll of BU Morgans, buy one that has the roll opened and all the coins pictured.

If you use the CCF ebay search tools in the left hand column, you will find some sellers that do just that. I have bought coins off of the user hsturn that were excellent that way. Found this guy from the CCF ebay search tool, use it and look for a picture in the results of a roll all presented that way. Notice the photographic background being similar on several of them in the search results, that is a dealer worth checking out.

http://www.coincommunity.com/hot_us...ns/rolls.asp

Good luck.
Edited by BuckeyeCoinGuy
07/19/2015 12:29 pm
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dave700x's Avatar
United States
10625 Posts
 Posted 07/19/2015  12:32 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
No way I would bid, especially what the bidding is up to. You have to assume there is nothing but well circulated culls behind the enders. What P.T. Barnum said....
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tanguero23's Avatar
United States
1 Posts
 Posted 07/19/2015  12:37 pm  Show Profile   Bookmark this reply Add tanguero23 to your friends list Get a Link to this Reply
I hope that I am replying to Slider 23 - this is my first attempt in
this forum.

This same seller was offering a coin "graded" ms67 by some service unknown to me; same coin which pcgs listed at $16000 retail; there were several bidders scurrying
to buy from him at a little over $100. Under his description he actually stated "ms67" (which I thought was illegal).

At which point I decided to ignore his listings.
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dave700x's Avatar
United States
10625 Posts
 Posted 07/19/2015  12:53 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Yeah, his listing for an 1882-CC is against ebay rules as well. It's an SGS MS66 and he states MS66 in his title. Bidding is up to $305 on a coin worth about $200 maybe.
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Slider23's Avatar
United States
4469 Posts
 Posted 07/19/2015  12:56 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
Tanguero,

The seller of the rolls also lists the coins as being uncirculated. If the mint never rolled Morgans as Cascade notes, how would the seller know the coins are uncirculated?
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BuckeyeCoinGuy's Avatar
United States
711 Posts
 Posted 07/19/2015  1:06 pm  Show Profile   Bookmark this reply Add BuckeyeCoinGuy to your friends list Get a Link to this Reply
The seller is just fishing with whatever bait he can dangle. Don't bite.
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Cascade's Avatar
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7390 Posts
 Posted 07/19/2015  1:06 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Because he put them there
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 07/19/2015  1:21 pm  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply
I would not even bother. I did however notice that the seller has an 1882 CC Morgan with a very rare SGS MS66 label on it. A coin graded lower than MS70 by SGS is almost as rare as Unicorns.
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Slider23's Avatar
United States
4469 Posts
 Posted 07/19/2015  3:15 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
This seller is violating a lot of ebay rules as two coins listed with holder grades in title not ebay authorized to list grades in title the 1882 CC MS66 and 1921 MS 67.

It appears the seller is bidding on his own listings. Currently bidder S***S (0) is the high bidder on the following items: 1882CC MS66, 1921 MS67, two vintage Morgan dollars and the 1884 roll of coins.


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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/19/2015  3:27 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
These salted rolls just keep comung on E-bay. They must work. What a shame.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 07/19/2015  4:24 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It should be noted that paper coin rolls were not yet invented in 1884.
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paralyse's Avatar
United States
12057 Posts
 Posted 07/19/2015  10:03 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
There's a difference between buying rolls of circ Morgan & Peace dollars for junk or bullion, and buying phony salted UNC rolls of (hopefully real) Morgan dollars. This looks like the latter, a very bad deal IMO.

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
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paralyse's Avatar
United States
12057 Posts
 Posted 07/19/2015  10:13 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Dave, just for giggles, it should be noted that $20 of Morgans in 1884 was 1 to 3 months' rent, or a year's supply of heating/cooking fuel (wood or coal) :P

Average manual laborer such as a coal mine worker earned between $1.10 to $4.00 per day. An upper class working family might be bringing in the bacon to the tune of $1500-$2000 per year.

(Those incomes include the summed earnings of the household. Everyone in your house/tenement/apartment worked, for the most part, yes, even the women and older children, and most families had 3 to 5 kids or more.)

To an average coal miner or journeyman tradesman in that time period, having a roll of Morgan dollars in your pocket back then would be pretty much like having 200 or so rolls of Golden Presidential dollars in your pocket now; good luck.
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
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