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 Replies: 10 / Views: 2,018 |
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Valued Member
United States
245 Posts |
I was going to try and put together a CC set of GSA Morgans that were ms65. So much for that idea, it would break the bank! I'm still going to try and get as many GSA Morgans as I can reasonably afford. The difference in price between ms64 and ms65 is staggering in some cases.
What are some of the more popular Morgan collecting methods? I'm hung up on the CC dollars right now, don't even look at any S or O dollars.lol
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Pillar of the Community
United States
7390 Posts |
Lowball is fun  With morgans how one collects them is limited only by one's imagination. Seriously, they're like the Bubba-Gump shrimp of the Coin World in terms of the ways one can collect them |
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Moderator
 United States
23522 Posts |
You could limit yourself to a date-only set, which many collectors do. Mint mark doesn't matter, and they can be assembled in Mint State without compromising the kids' college fund. A couple will require a bit of saving if you want a nice one.
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Pillar of the Community
United States
2373 Posts |
I like to put together date sets, all P mints or S mints in VF/XF. I use the dansco date set books. Most of the coins can be found in bullion buckets at the B&M. nlp
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Pillar of the Community
United States
1748 Posts |
Put together a lowball CC Morgan set. It actually is tougher than u think, especially 1881 and 1885-CC in VG or so. The only Morgan rarer in circulated state is 1903-O IMHO.
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Valued Member
260 Posts |
Umm, I think you'd have to ROB the bank (not saying you should) to get the CC's in MS.
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Pillar of the Community
United States
506 Posts |
The PCGS price guide value of a CC set in MS60 would cost you $36,990.  The biggest show stopper is the 1889. Price guide has it at $24,000.  A more economical idea I had was to budget a certain amount for the set (or each individual coin) and get the best examples within that budget. If you go under on certain coins (the more common ones), you can use that extra to fund a higher grade rarer coin (like the 1879,89,and 93s). However you decide, best of luck! |
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Pillar of the Community
United States
1298 Posts |
I put together a complete GSA set (10 coins) a few years ago, but sold it. I wish I still had it. A few of the dates were expensive ($2000 - $7000) each. The '79 of course, and the '90 and '91 were the tough & expensive ones. You could put together a nice uncirculated set that would not break the bank. I would suggest a set with consistant looking coins. Nice untoned, brilliant, shinny surfaces. Make sure you receive the proper certificate (in pristine condition) and a nice black box with each coin. The '79 in pristine condition is worth several hundred dollars alone. Also, I would recommend getting coins that have been professionally graded, and look out for counterfeits. Below is a link for some good beginning information. There is so much more on the internet. Good luck and enjoy the experience. http://www.gsadollars.com/GSA_Hoard_History.html |
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Pillar of the Community
United States
1450 Posts |
There are at least 30 Morgans you can collect in MS63-64 for less than $100 each. I have collected many of these and now I am finding it harder to find coins in MS under 100 bucks. It is a good idea to budget yourself to a certain amount you will spend and stick to it. You can probably get half of the Morgans for very reasonable prices. I don't think many collectors can do an entire collection in MS condition. It can be done if you have the time since prices will tend to fluctuate over time.
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Bedrock of the Community
United States
11951 Posts |
If I was doing just a set of CC Morgan's, I think I would decide on either NGC or PCGS set. Or maybe just a set in a Capitol coin holder. If I needed them to all look the same, check out a price guide and decide what is the most you would be willing to spend on some of the higher priced coins, like the 1889CC. I am working on a complete set. Right now I am pretty much filling each hole with any coin I can get a good buy on. I am sure I will be upgrading coins for years to come. Of course all of you will be helping me upgrade many of my coins a few years from now .... I would like to thank you all now |
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Valued Member
United States
403 Posts |
I have been constructing a date-only set, it is much more affordable than focusing on one mint, or all of the mints. You can build a full set of nice coins in MS64 for about $20,000.
An edit to clarify that the majority of that $20,000 is tied up in 1892, 1893, 1894 and 1895. The rest of the dates are cheap.
Edited by CartwheelCollector
08/29/2015 1:29 pm
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Replies: 10 / Views: 2,018 |
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Posted 08/28/2015 8:07 pm
