| Author |
 Replies: 19 / Views: 2,474 |
|
Moderator
 United States
23522 Posts |
Recent setbacks in my personal life have left me a somewhat poorer man for the immediate future. However, I'm a coin collector. I like to acquire coins, but coins cost money, and I haven't got much of that. What's a man to do? Well, if you're me, when you are given lemons you make lemonade. I'm poor, so I'm gonna collect poor coins.  So, without further ado, here are the first three specimens in SuperDave's Poor Morgans Collection: 1887-PAt least, I think it's a Philadelphia coin. Note the missile strike right where a mint mark should be. I don't see any smeared metal which might indicate a mint mark, so I'm calling it Philadelphia.   1890-ONote the relative brightness compared to the others - if you'd had that much contact with other stuff, you'd probably be pretty brightly polished, too.   1882-CCThe current flagship of the collection. How many Old West poker games do you suppose this one has been wagered in?   I'm having a lot of fun with this.  |
|
|
|
Pillar of the Community
United States
2661 Posts |
Well Dave, I feel your pain. But hang in there maybe you will have a change of fortune in the near future.
|
|
Pillar of the Community
United States
1626 Posts |
I'm in the same boat is you SuperDave. For the last 6 months the only thing I have been collecting is just the subscriptions I'm signed up for the Mint (Proof sets, mint sets, ASE's and 1st Day coin covers for the Presidential $ series) Every once in a great while if I have a little extra money in my slush fund I will buy something. I did just buy some proof nickels from a member here (Lonnie). It was a small purchase but that feeling of getting coins in the mail is awesome :) |
|
Pillar of the Community
United States
2335 Posts |
With the economic uncertainty I think everyone is cutting back. Fortunately for me a lot of the coins I need cost less than $50 & I can still afford to buy 1(or 2) every month to feed my collecting obsession.
|
|
Pillar of the Community
United States
1291 Posts |
I've always preferred circulated coins over UNC or high grade coins. They have MORE CHARACTER (like being in Old West poker games!) and you can get MORE OF THEM for less. SuperDave, I hope your fortunes reverse themselves and you get back to a more comfortable place, but until then, welcome to my world!
Edited by weerdsteev
01/31/2009 10:07 am
|
|
Rest in Peace
United States
5375 Posts |
One of these might be Fair! You're not holding true to your word!  |
|
Pillar of the Community
United States
4085 Posts |
I used the the term "battle scarred" coins in a positive way in another post and these are perfect examples of what I like about these coins. Those Morgans are survivors and still worth something both as collectibles and for their silver content.
Cool - especially the CC!
Ken
|
|
Rest in Peace
United States
4849 Posts |
Hey. They all have full Libertys! That makes them at least VF, right? ;-) You have the start of a great lowball collection. Enjoy!
|
|
Valued Member
United States
156 Posts |
Those Morgans look great to me. My question is: if you find, say, an 1880 O in worse condition, do you go for a downgrade? Are you looking for the lowest condition that you can find or is there a certain grade range that is your target?
|
|
Pillar of the Community
United States
1490 Posts |
Oh if those Morgans could talk!
Superdave I think you have a great idea. I can appreciate any coin regardless of grade as long as it is a good representation of that grade. For example in my opinion the 1882-CC is a perfect fair-2.
Superdave I am curious what you paid for the 1882-CC
|
|
Pillar of the Community
United States
2734 Posts |
|
|
Moderator
 United States
23522 Posts |
I spent $50 on the CC. Quote:
My question is: if you find, say, an 1880 O in worse condition, do you go for a downgrade? Yer darn right I do. Quote:You have your work cut out for you to beat this: http://www.pcgs.com/setregistry/all...aspx?s=31680 Mad Marty is a force of nature, a character of such influence in the community and a collector of such magnitude as to render my efforts unworthy. He was the driving force behind a certain....anatomically correct coin issue which I will not further describe in a family-friendly forum. If, someday, my efforts could be mentioned in the same breath as his, I shall be a happy man indeed. I don't particularly care if my Poor Morgans will slab. The 1887 certainly won't slab. Although I can appreciate the humor of a Lowball Registry Set, I'm not that guy. The goal is a date set of the most-worn Morgans I can possibly find, which are still identifiable as to date and mint. FR02 is the upper limit of acceptability. I guarantee I'm having as much fun with this as anyone at Coin Community is with their collecting. |
|
Valued Member
Canada
464 Posts |
You know what I do when I don't have any money to spend on coins, or just don't want to spend money at all? Roll hunting!
|
|
Moderator
United States
16677 Posts |
Hang in there Super. These are tough times we are in. It can only be down for so long. Everything is cyclical. Those are still some neat coins! I especially like that CC. Definitely full of character!
swcoin.ecrater.com
|
|
Pillar of the Community
United States
655 Posts |
Wow, who said that Morgans didn't get much circulation! Those look like they got enough for 10 coins. I guess part of your challenge in this collection will be finding people who actually will trade at that level. Maybe a bullion bag...happy collecting!
Ron
|
|
Pillar of the Community
United States
2734 Posts |
I was going to point out that there are not just one but two AG-3 1893-S Morgans available for sale in my area, either of which could be the key coin of SuperDave's new collection, except that it's hard to even put "1893-S" and "poor" in the same sentence, never mind have an 1893-S in a collection titled "Poor Morgans"... |
| |
Replies: 19 / Views: 2,474 |
Posted 01/31/2009 08:11 am
