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Morgan Hoarders / Lovers Question

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phdezra's Avatar
United States
60 Posts
 Posted 02/12/2009  10:09 pm Show Profile   Bookmark this topic Add phdezra to your friends list Get a Link to this Message Number of Subscribers
Hi all.

I have always loved Morgans. The size, the feel, the heft, the silver, the frostiness of an MS-63 raw coin... sigh. To that end, I focused quite a bit of my buying early on at one point on Morgans, Morgans and more Morgans--usually high grade coins and rolls because I learned somewhere that a higher grade coin would be worth more down the road, even if I was not planning on selling for a long time; it was simply a better coin I felt. (Though, believe me, I have plenty of Morgans with "character" that are less than high grade.)

So, for those of you who are Morgan lovers as well, how many do you have? I know this is a subjective question, but for the average coin collector on here who may have built up a nice collection they enjoy to look at from time to time... do you have 25? 100? 500? 1,000?

Personally, I have approx 400 Morgans in total in my personal collection.

  • About 40 are 1921 (I shied away from too many 1921s right from the start)

  • Half of my Morgans are conservatively MS-60

  • About 100 are MS-63 based on a conservative PCGS definition ("Moderate number/size marks/hairlines, strike may not be full")

  • 20 are slabbed; half from PCGS, half from NGC (also used for comparison grading)

  • 18 are CCs

  • Key and semi-key dates I own are on average in EF-40 condition and include an 1895-S


Even with 400 Morgans, whenever I see another one for sale, I always stop to look. Irresistible charmer...
Edited by phdezra
02/12/2009 10:11 pm
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Metalman's Avatar
United States
7123 Posts
 Posted 02/12/2009  10:18 pm  Show Profile   Bookmark this reply Add Metalman to your friends list Get a Link to this Reply
Since I really only collect the O mints , my collection is fairly small , about two dozen O mints , but then I have a few others laying around for various reasons .

total about 40 coins.
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BH1964's Avatar
United States
10982 Posts
 Posted 02/12/2009  11:12 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
I have 4 rolls - 80 Morgan's total. I bought them mainly as "numismatic bullion". That may sound like an oxymoron but to me it doubles my pleasure. I get beautiful Morgan dollars with over 3/4 ounce of silver in each one.

Most of mine are 1921's in AU condition. I've got one roll of 19th century Morgans in VF/XF.
ANA #R3154474
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okie-colin's Avatar
United States
1083 Posts
 Posted 02/12/2009  11:14 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
I inherited all my Morgans. 81 through 85 Carson City GSAs, plus five raw, four BU and one XF. A total of ten. I think they are beautiful coins, but most dates are very common in uncirculated grades, but pricey because of their popularity.
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sfwusc's Avatar
United States
615 Posts
 Posted 02/13/2009  12:30 am  Show Profile   Bookmark this reply Add sfwusc to your friends list Get a Link to this Reply
Yea those Morgans are pretty coins and cost a pretty penny (should I use cent there?)!

-SFWUSC
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Elimist's Avatar
United States
632 Posts
 Posted 02/13/2009  12:31 am  Show Profile   Bookmark this reply Add Elimist to your friends list Get a Link to this Reply
Wow, I thought I was doing alright and I only have six morgans.

I have a 1921-D which is UNC. but probably an MS-60 shape.

Then a 1883-O and a 1882-CC both in 63-64 shape.

Then a philly coin, san-franscisco coin, and another O mint, all circulated condition.

I also have just two Peace dollars even though I like these better than the morgans.

And presently I have five silver IKE's. 3 proof, 2 Unc.
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ratman4762's Avatar
United States
2520 Posts
 Posted 02/13/2009  12:58 am  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
around 15 or so
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DNA's Avatar
United States
2734 Posts
 Posted 02/13/2009  01:33 am  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
I have 'a few'... Only one 1921, a "D" of course.

I live in Denver and visit the Mint, so I have to have at least one 1921-D...

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Buzzard's Avatar
United States
156 Posts
 Posted 02/13/2009  03:22 am  Show Profile   Bookmark this reply Add Buzzard to your friends list Get a Link to this Reply
Morgans do seem to be attractive to hoarders...or perhaps they hoard themselves, somehow. I can only recall buying two Morgan dollars, but a quick look at my database shows that I have sixteen. How does that happen? Do I buy them in my sleep?
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Tim Stroud's Avatar
United States
2661 Posts
 Posted 02/13/2009  07:51 am  Show Profile   Bookmark this reply Add Tim Stroud to your friends list Get a Link to this Reply

Quote:
Personally, I have approx 400 Morgans in total in my personal collection.


I need your address, codes to any security devices you may have, dates and times you will be away from home please. Just kidding.

Morgans are my favorite coin. I only have 14 at the moment. They are very hard to find here at a reasonable price. 99% of all Morgans that I have seen around here are priced around 50-60% ABOVE Red Book. All the ones I have were acquired when I was stationed in Maryland.
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SeatedNut's Avatar
United States
2797 Posts
 Posted 02/13/2009  08:13 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
I have around 200 and since I'm a variety collector, most are 1878, 1880, 1888, 1891, 1900 and 1921-D. I would guess around 60% are BU with a few in PCGS slabs 65 and 66. I really have no interest in the keys of the series or CC's so that makes me a Morgan Oddball. My passion is finding a variety with less than 10 known specimens and paying just a bit over melt.
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GLG's Avatar
United States
70 Posts
 Posted 02/13/2009  08:44 am  Show Profile   Bookmark this reply Add GLG to your friends list Get a Link to this Reply
I Have 136 Morgans ranging from VF to MS-64.

GLG
Valued Member
jayceeg's Avatar
United States
114 Posts
 Posted 02/13/2009  09:06 am  Show Profile   Bookmark this reply Add jayceeg to your friends list Get a Link to this Reply
jeez, I only have 3 but one is a 1885 cc in GSA package.
Edited by jayceeg
02/13/2009 09:08 am
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basicbob101's Avatar
United States
819 Posts
 Posted 02/13/2009  09:10 am  Show Profile   Bookmark this reply Add basicbob101 to your friends list Get a Link to this Reply
I share your affinity for Morgan's...back in the 60's I had about 30-40 unc raw coins, sold them during some hard times, started back about a two years ago and have about a dozen all BU raw coins that have full feathers and hair with minimum (almost no) bag marks. No graded coins. I love all large silver coins about the size of the Morgan.

Have a complete set (one) of the M. Theresa Thalers!

One large silver coin from china, a few from other countries.

Would love to be able to put together a complete set of Morgan's in the highest grade I could afford..there are a few I definitely would only be able to dream about.

had a GSA CC stolen from me, discovered about two years ago when I went back to collecting, went to look at it and it was gone from the box I had it in...could have happened sometime in the previous 10 years because I hadn't looked at it since then. (sad face)
Valued Member
United States
79 Posts
 Posted 02/13/2009  2:40 pm  Show Profile   Bookmark this reply Add shovel78 to your friends list Get a Link to this Reply
I have 128. 48 are 21. I got all mine a few years back when a friend needed money. Bought all of them at $5.00 each. Also about 50 Peace. No picking, just had to buy all or nothing.
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okie-colin's Avatar
United States
1083 Posts
 Posted 02/13/2009  2:49 pm  Show Profile   Bookmark this reply Add okie-colin to your friends list Get a Link to this Reply
Make that eleven, not ten. I forgot the MS-65 1881-S in my 7070 album.
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