How To Split A Collection Of Morgans From 1878 To 1921?

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Author	Replies: 10 / Views: 1,838
tolch123 Valued Member United States 116 Posts	Posted 05/06/2019 08:39 am I've got a big question...How do you split a collection? I've recently come across a really nice collection of complete Morgans, but due to the super high expense, I'm planning on going in on the collection with another deep-pocketed dealer in town. I've heard a number of circumstances where two dealers partner up on a collection, and while it's a really stupid question, I've got to ask advice on how to go about it. Any input is greatly appreciated! Report this Post to the Staff

joecoin Pillar of the Community United States 789 Posts	Posted 05/06/2019 09:00 am Do you plan on keeping them or selling them? Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 05/06/2019 09:35 am Take out a loan from a bank. Those are easily sold so you wouldn't have them for long. OR just split it in half. Report this Post to the Staff
Zurie Pillar of the Community United States 5663 Posts	Posted 05/06/2019 8:29 pm Quote: OR just split it in half. I think that was the question, how do you fairly do that? Unless a 93-S is part of the collection, you could perhaps alternate picking coins. After picking the first 20-25 coins, you could probably just divide the rest evenly (assuming these are circulated coins). Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4589 Posts	Posted 05/06/2019 10:22 pm 1 then 2 2 2 2 2 ... That way the advantage alternates -----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/ Report this Post to the Staff
acloco Pillar of the Community United States 3540 Posts	Posted 05/06/2019 11:17 pm Is the set complete? Is the collection slabbed? If so, by which grading service? Report this Post to the Staff
TypeCoin971793 Pillar of the Community United States 6370 Posts	Posted 05/07/2019 12:21 am All great points above. We need more info to better help you Report this Post to the Staff
nss-52 Moderator United States 54280 Posts	Posted 05/07/2019 07:35 am Put them in a bag, and have a disinterested person draw them out, giving one to each of you alternately. Report this Post to the Staff
Slider23 Pillar of the Community United States 4468 Posts	Posted 05/07/2019 10:22 am 1) Each of the coins is assigned an agreed upon value that totals to the purchase price of the collection. 2) alternating picks by each partner. 3) Settlement process after picks is needed based on each partners total value of picks. If the partners can not agree on a coin value, there needs to a pre determined way to assign coin value. Report this Post to the Staff
tolch123 Valued Member United States 116 Posts	Posted 05/08/2019 08:28 am Thanks for all the great advice! They are raw, high grade. It's a nearly complete set. Some really nice stuff! Report this Post to the Staff
txgolfer56 Valued Member United States 475 Posts	Posted 05/08/2019 3:19 pm Instead of splitting up the coins, why not just split up the proceeds? Report this Post to the Staff
	Replies: 10 / Views: 1,838

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