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My First Coin Realization

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Author Previous TopicReplies: 13 / Views: 1,657Next Topic  
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SilverTracker's Avatar
United States
589 Posts
 Posted 04/26/2016  3:24 pm Show Profile   Bookmark this topic Add SilverTracker to your friends list Get a Link to this Message Number of Subscribers
I have been back in the hobby for about 3 years now and in general I appreciate and love coins for their individual history and design. This extends to even foreign coins.

But today I came to a realization about a coin that I do have because I have admire it for its history. So I go to my local "we buy gold place" and picked up 2 AG condition Morgan dollars so I can start roll of junk silver dollar coins.

Well I really didn't look at them closely until I got home and they were faded pretty well and something in my head said I can't keep these they look horrible. Now for my other junk silver rolls of all denominations I have had no problem with their faded appearance so I stared at them for 5 seconds and realized I love this coins design and history and cannot own them unless they were in much better condition and that there is no way I can call them "junk silver" ever. I returned them back to the store for 2 silver eagles, but it is amazing how certain things hit you at any given moment. So I will begin my quest to collect the dates in this series and try to complete it and yes I know some are very expensive.




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bpoc1's Avatar
United States
4078 Posts
 Posted 04/26/2016  4:06 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply

SilverTracker, looks like you have been re-born. HaHa
Good luck in your quest and keep us informed.
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United States
530 Posts
 Posted 04/26/2016  4:06 pm  Show Profile   Bookmark this reply Add NDCENT to your friends list Get a Link to this Reply
Welcome back.
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52Raymo's Avatar
United States
8516 Posts
 Posted 04/26/2016  4:47 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
What were they charging for the junk Morgan's ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Valued Member
hozer's Avatar
United States
422 Posts
 Posted 04/26/2016  9:45 pm  Show Profile   Bookmark this reply Add hozer to your friends list Get a Link to this Reply
No such thing as junk coins, Some are in better condition than others.
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SilverTracker's Avatar
United States
589 Posts
 Posted 04/27/2016  12:33 am  Show Profile   Bookmark this reply Add SilverTracker to your friends list Get a Link to this Reply
52Raymo they charged $18 a piece.
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Chute72's Avatar
United States
1314 Posts
 Posted 04/27/2016  04:27 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply
I have quite a few from the melt bucket. They are a challenge to VAM, but I've found a few scarcer ones. I just think of them a ugly children.
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JohnDeVito's Avatar
United States
196 Posts
 Posted 04/27/2016  09:09 am  Show Profile   Bookmark this reply Add JohnDeVito to your friends list Get a Link to this Reply
I have a Morgan from the culls at my LCS that I wanted just because Morgans are beautiful and I wanted it as a pocket piece. I admire it all the time, even though it is pretty worn.
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jbuck's Avatar
United States
188213 Posts
 Posted 04/27/2016  09:55 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
No such thing as junk coins, Some are in better condition than others.
I will have to remember and use that.
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52Raymo's Avatar
United States
8516 Posts
 Posted 04/27/2016  8:20 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
$18 is not bad for "junk" Morgan's .
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Edited by 52Raymo
04/27/2016 8:25 pm
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PAC's Avatar
United States
130 Posts
 Posted 04/28/2016  3:15 pm  Show Profile   Bookmark this reply Add PAC to your friends list Get a Link to this Reply
Nice story and thanks for sharing. Glad to hear you found yourself a new passion to collect!
Valued Member
South Africa
331 Posts
 Posted 04/28/2016  3:30 pm  Show Profile   Bookmark this reply Add teslacoil to your friends list Get a Link to this Reply
Morgan dollars are my most favourite coin
It's big bulky a lot of history and lots of silver and it was minted well the 78-04 before the fed was established.
Morgans are the pinnacle in coin collecting for me!
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Andrew99's Avatar
United States
1533 Posts
 Posted 04/28/2016  3:39 pm  Show Profile   Bookmark this reply Add Andrew99 to your friends list Get a Link to this Reply
With common date Morgans in AU/BU selling at shows for $22-$25, why would anyone buy culls at $18 for silver?
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Chute72's Avatar
United States
1314 Posts
 Posted 04/29/2016  06:01 am  Show Profile   Bookmark this reply Add Chute72 to your friends list Get a Link to this Reply

Quote:
why would anyone buy culls at $18 for silver?

I go to the melt bucket to buy recognizable bullion. And often pick up damaged Morgans to learn about VAMs. I've even picked up a few rarer ones in respectable condition. Last August I got this Peace dollar for $15 because I liked the de-lamination.

My-First-Coin-Realization

My-First-Coin-Realization
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