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Pillar of the Community
United States
2203 Posts |
I'm just wondering what kind of person would be able to have an 1895 dollar in their collection? I guess it depends on where you'd find one. For example, would they ever be available on ebay or Heritage, where anyone with a computer and a credit card could get one? Or would they only show up at a private auction? Then there's the affordability aspect. Unless you have a huge wad of disposable cash, it seems no one would even think about owning one. This begs the question, how realistic is it for an average collector to have one on their wish list? |
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Pillar of the Community
7234 Posts |
Gotta be a person with deep pockets! https://www.ebay.com/itm/1895-P-Old...AOSwIaFZIe-nQuote:
This begs the question, how realistic is it for an average collector to have one on their wish list? I would say 99.9999% for an average collector to ever get one. In coin collecting I've found out in collecting coins never say ZERO  Edited by Mark1959
03/31/2018 5:57 pm
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Bedrock of the Community
 United States
12477 Posts |
I don't know what the average collector is. Also, there are most likely more collectors with the available cash than there are genuine examples to own in any grade. That complicates things.  In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Bedrock of the Community
United States
12057 Posts |
It depends. I could sell off a large part of my 30 year collection and afford an 1895 Morgan dollar, but I'd get bored with it really quick since it would spend all its time locked up in a vault with not much left to keep it company. I'd get pretty bored with my collection if it only consisted of 2 or 3 "whale" coins; after all, you can only look at the same coin so many times... There are plenty of collectors out there who could afford any 1895 Morgan they desired, or even several examples. You could even finance it on a credit card, if that's your thing. It's not a 'sexy' coin like an 1804 Dollar or even an 1893-S Morgan, so it has a smaller numismatic audience in its price range than other more "famous" coins do. FWIW, most of the handful of "collectors" I know who are able to own coins such as this -- are, or were, dealers at one point or another. That provides an additional means of acquiring this sort of coin. 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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Pillar of the Community
United States
655 Posts |
Since it would be proof only, I'd also wonder who would buy a proof Morgan. When I was actively collecting dollars, I satisfied myself with a branch mint for this date, an 1895-O. I remember it was nice, too.
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Pillar of the Community
United States
8715 Posts |
Since it's a proof, and most collectors are assembling a business strike set, it's unlikely for an average collector to ever have one. I went with an 1895-O Morgan dollar for the 1895 hole in my Morgan dollar Date Set Dansco album. |
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Moderator
 United States
23522 Posts |
Quote:
Since it would be proof only, I'd also wonder who would buy a proof Morgan. They're out of my budget, of course, but if that kind of investment was within my means, Proof Morgans are specifically what I'd collect. A Morgan dollar Proof is the best example of all that is good about coinage - huge, broad fields exemplifying the look of a mirror surface, large areas of devices to show frost contrast, a complex design with fantastically intricate detail when well-struck. They are everything a collector likes about a coin, executed in vast scale. No need for magnification to enjoy one.  |
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Pillar of the Community
 United States
2203 Posts |
paralyse, thanks for the interesting comments. It opened up a new world to me to think that there are actually plenty of people who could afford this coin any time they wanted to. Lucky ducks.
Edited by jpsned
04/03/2018 11:38 am
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Pillar of the Community
United States
2815 Posts |
Quote:They're out of my budget, of course, but if that kind of investment was within my means, Proof Morgans are specifically what I'd collect. A Morgan dollar Proof is the best example of all that is good about coinage - huge, broad fields exemplifying the look of a mirror surface, large areas of devices to show frost contrast, a complex design with fantastically intricate detail when well-struck. They are everything a collector likes about a coin, executed in vast scale. No need for magnification to enjoy one. Well said.  It's not an 1895, but I find this 1878 proof to be mesmerizing..... https://www.ebay.com/itm/1878-7TF-M...539c%7Ciid:1 |
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Bedrock of the Community
United States
17884 Posts |
I didn't realize how crazy the price it's gotten on the 1895 proof. Back in my younger days I knew quite a few people who had the 1895 in their Morgan sets. Sure even then it was an expensive coin but it was still reachable.
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Replies: 9 / Views: 1,735 |
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Posted 03/31/2018 10:42 pm
