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The Jack Lee Collection, How Much Would It Cost Today?

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 Posted 09/07/2017  8:32 pm Show Profile   Bookmark this topic Add TMCD75 to your friends list Get a Link to this Message Number of Subscribers
Didn't Jack Lee put together the very best set of Morgan dollars known to exist? Was this set both, proof and BU or just a BU set?

The 89CC would cost a fortune in MS 67 or 68. What would it cost to put that set together today?
Edited by TMCD75
09/07/2017 11:15 pm
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moxking's Avatar
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 Posted 09/07/2017  9:10 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
It would take many hours to come up with an approximation of a dollar amount.

I know, for sure, it would be more than the value of my small Morgan set.
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basebal21's Avatar
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 Posted 09/07/2017  9:16 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Any set that has been built before the answer is that it would cost a lot more now, a lot more. Information travels faster and the competition for coins is much much more than the past
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GR58's Avatar
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 Posted 09/07/2017  9:36 pm  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
Are you talking about the same Larry Lee that bought the 1913 Liberty
nickel a few years ago?
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 Posted 09/07/2017  10:24 pm  Show Profile   Bookmark this reply Add Mark1959 to your friends list Get a Link to this Reply

Quote:
Didn't Larry Lee


I know of the JACK Lee Morgan collection - Morgans and Peace dollars - supposedly another "Finest" collection assembled. Of course his collection was of PF and SP examples.
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 Posted 09/07/2017  11:14 pm  Show Profile   Bookmark this reply Add TMCD75 to your friends list Get a Link to this Reply
I'm sorry, I meant the Jack Lee collection. Larry Lee is a coin guy in Florida who is also known to spend a buck or two on exotic coins.

Anyway yes, the Jack Lee collection is what I'm referring to.
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 Posted 09/08/2017  12:52 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I know of the JACK Lee Morgan collection - Morgans and Peace dollars - supposedly another "Finest" collection assembled. Of course his collection was of PF and SP examples.


Jack Lee assembled the finest set of Business Strike and Proof Morgans ever in one place. Then he sold the collection. It is to this day the #1 PCGS Registry Set of Morgans. There were 175 coins in that set (including PL and DMPLs, and 172 of them were either the sole highest-graded or tied for it.

And then he built it a second time.

There are at least four coins from that set which stand a good chance of becoming the first million-dollar Morgans: the 1884-S in MS68(!), the 1889-CC in MS68 (which transacted at $880,000 in 2013), the 1893-S in MS67, and the incomprehensible 1896-S in MS69.

Those four alone will be $3.5-4 Million of your money.
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