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 Replies: 57 / Views: 7,368 |
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Pillar of the Community
Canada
1505 Posts |
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Pillar of the Community
Canada
2495 Posts |
That's the last thing the depressed Morgan dollar market needs - more Morgans! |
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Rest in Peace
United States
17900 Posts |
I don't collect Morgan's because of their commonality. I am more of a date and type collector and ill be happy to add a couple common MS-67 Morgan's to my set.
I hope their are tons of 67 and even 68. With strong strikes for several of those dates, they will be exceptional "common" beauties at reasonable prices.
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Pillar of the Community
 United States
2843 Posts |
An interesting story for sure, but I have my doubts about the claims of Jeff Garrett when he says that this wont negatively affect prices.
It sure seems like it would.
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Rest in Peace
United States
18456 Posts |
I was about 12 years old when these bags were being offered from the banks . But what 12 year old had $1000 to spend on coins .  |
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Rest in Peace
United States
17900 Posts |
I think it will drop prices on everything from MS 63-67 for those dates. Anytime I go to a show I'm already worried about accidentally tripping over a pile of TPG 1881-S in MS 65. |
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Bedrock of the Community
13014 Posts |
Quote:
I hope their are tons of 67 and even 68. There aren't. There were a 118 67s and we will have to see what those look like since NGC has a reputation for being loser with hoard grades. Quote:
I think it will drop prices on everything from MS 63-67 for those dates. It won't have any impact. It's a drop in the bucket of what's already been graded for those dates. If it wasn't from the announcement no one would have even batted an eye at the population change |
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Bedrock of the Community
Australia
21786 Posts |
Does grading add any premium to their value, or just to their ebay marketability ? |
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Bedrock of the Community
13014 Posts |
Quote:Does grading add any premium to their value, or just to their ebay marketability ? 64/65s and up yes. The few that were colorfully toned yes. And in the case of the hoard yes since it'll have the special label the prices have a decent chance to be a littler higher than they should because of people wanting a hoard coin. Plus yes they're a lot more liquid that way With that many coins the grading fee is greatly reduced and easily recoverable Edited by basebal21
07/16/2018 7:38 pm
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Pillar of the Community
Australia
1333 Posts |
Hmmm is it worth getting one even with overseas shipping cost involved?
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Bedrock of the Community
13014 Posts |
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Hmmm is it worth getting one even with overseas shipping cost involved? If you really like one of the coins sure. If you're just thinking the hoard makes it special and that interest will last, no I wouldn't chase one. |
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Pillar of the Community
United States
4589 Posts |
Meh... was discussed to death when it first was announced. Not going to be more than a blip.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ |
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Pillar of the Community
United States
1475 Posts |
What kind of liquor do you have to drink in order to look at 16,000 coins and properly grade them? Do they have 2nd pair of eyes? third?  |
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Pillar of the Community
United States
1475 Posts |
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Bedrock of the Community
United States
94367 Posts |
16K coins, even MS, wouldn't make a dent in the Morgan market unless they were concentrated in key dates.
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Bedrock of the Community
United States
12057 Posts |
Some of these coins have toning which rivals Battle Creek and Sunnywood/Simpson for sheer beauty and eye appeal. NGC released an e-mail today indicating that the date range is 1878-S to 1889. The 1878-S could be very interesting depending on which VAM(s) is/are inside that bag.
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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Replies: 57 / Views: 7,368 |
Posted 07/16/2018 7:09 pm
