Morgan Dollar Questions - Coin Community Forum

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Author	Replies: 3 / Views: 1,140
howell1018 Pillar of the Community United States 720 Posts	Posted 02/02/2017 8:27 pm I'm a recently retired public school teacher. Back in the 80's I assembled, what I thought, was a pretty nice collection of Morgan dollars. Round about 1989 I quit my non-teaching corporate job to go back to school and get my teaching credential, so I sold all my dollars to help finance the year I would be without income. Fast forward 26+ years later and I've decided to put my toe back in the waters. In the last two days I've purchased 2 MS65 dollars (PCGS slabbed) and have plans to purchase 2 more shortly, but I have questions. 1) What has been the general price trend of the Morgan dollar series over the past 25 years. The prices seem pretty reasonable compared to what I remember considering the amount of time that has passed. Did it slowly grow over that period, plateau, or were there spikes? 2) I'm attracted to dollars with colorful toning. I know this isn't everyone's "cup of tea," but that's what I'm planning on acquiring. Looking on ebay, I'm surprised at the number of MS65 slabbed dollars with colorful toning that are available. Is there a reason why if there's a toned dollar that only has one side toned 80% of the time it's the obverse? That seems suspicious to me, but I'm buying slabbed coins so if the toning was artificially accelerated I'm assuming it would be noted on the slab. 3) Back in the day, when I was actively collecting, I used to get the Les and Sue Fox silver dollar books. Is there anything similar that's out today? I'm not really interested in collecting VAM varieties. Appreciate any help/response Report this Post to the Staff

Slider23 Pillar of the Community United States 4469 Posts	Posted 02/02/2017 9:01 pm A lot of the colorful toned Morgans were toned in mint bags at the mint storage. A lot of these coins toned one sided as only one side made direct contact with the bag. With the sky rocket prices in toned Morgans, a lot of the coins have had help in toning and that may explain why more coin have colorful obverse toning as the obverse toning brings more money. Just buying slab toned coins will not protect you from AT coins. Coins in slabs can be toned and the coin doctors are getting better with their methods. Your best protection is to learn the different environments how coins are naturally toned and if you can not figure out how the coin was toned do not buy it. Report this Post to the Staff
kanga Pillar of the Community United States 5825 Posts	Posted 02/03/2017 08:58 am I Googled " Morgan dollars price trends" and got plenty of hits. Try it. Report this Post to the Staff
Cascade Pillar of the Community United States 7390 Posts	Posted 02/03/2017 10:01 am You sold at the right time! I'm 89 the stock market got envoled with coins due to the TPG's which skyrocketed prices, especially morgams. Things simmered down in the 90s and picked back up in the 2000s. The height was just before the housing bubble in 07/08. Since then it has leveled off again. Amazing toners however are in a league by themselves. Yes doctors are creating them but can't get them perfect and the market has really moved away from natural toned vs artificial. It now focuses on market acceptable or not market acceptable toning. Yes there are some cooks that poke small holes in slabs and color the coins with gasses but those never look right and can be spotted a mile away by even a casual toner enthusiast. If you're looking to start buying again, now is a great time. If Trump gets the economy back in full force and people start having an abundance of disposable income again coin prices in general should start moving up once again. If you have any concerns about a coin you can always post it on here for opinions before you buy. Everyone's here to help! Edited by Cascade 02/03/2017 10:04 am Report this Post to the Staff
	Replies: 3 / Views: 1,140

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