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What Do You Think Of The Morgan Dollars Which My Husband Inherited?

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virginialee's Avatar
United States
23 Posts
 Posted 09/09/2022  5:33 pm Show Profile   Bookmark this topic Add virginialee to your friends list Get a Link to this Message Number of Subscribers
These have been locked in a massive airtight safe. This is their first time seeing light in over twenty years. We need to buy a house and have to start getting rid of some things to add to our down payment. Our local coin/gold place basically tried to say these were worth about $2/piece. Sadly for them, I read the links on this forum before visiting them. They also wanted us to to leave them there for the weekend to be further appraised. My husband said, "absolutely not". So, is there any legitimate way to even find where our first stop should be with coins that could be valuable? ebay seems sketch, mailing them out feels reckless.

I have tried to upload as many of the pictures as I could. It would only permit me to upload very small photos so I'm unsure how the detail will come over in the pics. They are in coin books and I tried to get fronts and backs without actually touching any of the coins.

What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
Pillar of the Community
United States
2843 Posts
 Posted 09/09/2022  6:05 pm  Show Profile   Bookmark this reply Add coin rejector to your friends list Get a Link to this Reply
Even Culls are worth way more than $2 a piece, APMEX sells them for $30. It appears you have some MS condition coins and those would command higher prices. The old adage.... If you want something done right, you have to do it yourself. It sounds like you have some detective work ahead of you. Start online w/ the cointrackers website & research the date/mint mark.
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virginialee's Avatar
United States
23 Posts
 Posted 09/09/2022  6:19 pm  Show Profile   Bookmark this reply Add virginialee to your friends list Get a Link to this Reply
Thank you so much! I appreciate your feedback.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 09/09/2022  6:23 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
The guy you saw gives the rest of us dealers a bad name !
Hard to believe .$2 each wow .
For a no issues pre 1921 in Fine or better common date you should
be getting a minimal price of at least a minimum of $30 a coin !
You have some better dates there, ie 1903 O which
is a solid semi key date easily $200 or more .
Is it a complete run from 1878 to 1921 or just the selection
you showed ?
You can check approximate retail prices @ ngcoin.com US Prices .
A little education will keep you from getting cheated by an unscrupulous
dealer.
Jack. (Paccoin)
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Coinfrog's Avatar
United States
94367 Posts
 Posted 09/09/2022  6:24 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
We can help you here, but you'll need to show us much larger images of each coin, both sides, one coin per thread.



to the CCF!
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John1's Avatar
United States
56855 Posts
 Posted 09/09/2022  6:54 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

We will need bigger closer up pics to help you,one coin per thread.
Here is a link on grading:https://www.PCGS.com/photograde/
Here is one on values:http://m.numismedia.com/rarecoinprices.htm
Here is a link on varieties:http://www.vamworld.com/wiki/Home
Do not ever go back to that coin shop for anything.
John1
Edited by John1
09/10/2022 10:10 am
Pillar of the Community
United States
1489 Posts
 Posted 09/09/2022  7:24 pm  Show Profile   Bookmark this reply Add halfamind to your friends list Get a Link to this Reply
As others have said, some may carry a significant premium, namely 1899, 1902-S, 1903-O, and 1903-S. In higher grades, others might, too. Don't sell yourself short and get a good, honest appraisal.
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SpeedDemonND's Avatar
United States
357 Posts
 Posted 09/09/2022  8:29 pm  Show Profile   Bookmark this reply Add SpeedDemonND to your friends list Get a Link to this Reply
I'm glad you had some previous knowledge to know that these were worth more than $2 a coin. As others have said, you have some nice coins here so some in depth searching lies ahead of you. Make sure you get what they're worth. Good luck!
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virginialee's Avatar
United States
23 Posts
 Posted 09/09/2022  9:26 pm  Show Profile   Bookmark this reply Add virginialee to your friends list Get a Link to this Reply
It's a complete run from 1878-1921, but there's nothing from 1905-1920. We are in a pretty rural area and we visited the only silver/gold dealer in town. They had a hodge-podge of stuff, and I can assure you we won't be visiting them again. We could go further north to Cincinnati and there's a lot more dealers listed.

I am happy to post more photos of the coins! Is it suggested that I start an entirely different thread for each coin? Is there a way to post larger photos than the 300kb ones? They remain locked in the safe for now and posting them will have to be a Monday project as I work all weekend.

The crazy part of all of this is that these coins are a mere fraction of what he has collected, but we had to start somewhere because it was becoming way too overwhelming. We never really planned on doing anything with them, but house prices have soared here and we need a little help!

I'm really happy there's people like y'all that are excited about these little treasures! I have basic knowledge of US currency, error coins and stuff like that because my mom actually worked for the federal reserve in the area where money was destroyed. So, as a kid I got to hang out in the shredder and see a lot of old things come in. The guys working there always talked to me about old wheat pennies and they had some pretty cool collections.

Anyways, thanks again!!

What-Do-You-Think-Of-The-Morgan-Dollars-Which-My-Husband-Inherited?
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ijn1944's Avatar
United States
19147 Posts
 Posted 09/09/2022  9:48 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Very nice aggregation. You're sitting on some solid pieces. Yes, obtain a sound, honest appraisal.
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jacrispies's Avatar
United States
3848 Posts
 Posted 09/09/2022  10:05 pm  Show Profile   Bookmark this reply Add jacrispies to your friends list Get a Link to this Reply
Very nice coins!! More pictures would be greatly appreciated. A casual complete set of morgans is in the six figures. Just finding the person to sell it to is the issue, especially if you are avoiding mailing services. With how popular morgans are, you can probably put the entire collection up on ebay with good pictures on a 10 day bid. It would surely get a satisfactory amount of money, especially considering it isn't a lot of labor compared to selling the coins individually.

Putting clear photos of the pages here on this thread is ideal, as we can spot potential valuable coins before you sell them.

By the way, no Morgan dollars were produced from 1905-1920. The series stopped in 1904 and had a single year continuance in 1921.
Suffering from bust half fever.
Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955
Shoot me a PM if you are looking to sell bust halves.
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mrwhatisit's Avatar
United States
2954 Posts
 Posted 09/09/2022  10:12 pm  Show Profile   Bookmark this reply Add mrwhatisit to your friends list Get a Link to this Reply
Wow, what a collection!

The mint did not strike any dollar coins from 1905-1920 since there was no need to. There are also some Morgans that have something called a conditional rarity, two that come to mind are the 1884-S and one you pictured, the 1901-P (no mintmark). There are others like this, but these two are average value until you hit the high circulated thru mint state uncirculated where there is a dramatic spike in some serious value on these certain dates/mintmarks. (It is an open secret here in the coin community worldwide that mintmarks mean everything in value plus rarity). Interestingly, your 1901 could be a nicer condition, but it is hard to verify from blurry photos.

And don't get us started on the myriad of varieties (actually, please do if you need help), some are very obvious and can carry a sweet premium in value, for example, your 1901 could be a popular variety called the shifted eagle reverse and carries a nice premium value, or your 1900-O could have a popular variety over-mintmark O/CC where mint workers took some retired Carson City reverse dies and retooled them with a O mint but did not eradicate the CCs. There are also a few overdates like 1880/79 and 1887/6 which also carry some nice premiums. Then the first year Morgan, the 1878 has two major reverse varieties, the 8tf and 7tf (tail feathers), and a 7/8tf varieties...

Much more information on these can be found on a website several of us use called vamworld.com...
Edited by mrwhatisit
09/09/2022 10:13 pm
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virginialee's Avatar
United States
23 Posts
 Posted 09/09/2022  10:32 pm  Show Profile   Bookmark this reply Add virginialee to your friends list Get a Link to this Reply
How incredibly exciting! The knowledge you have as a group is remarkable!
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jimbucks's Avatar
United States
4691 Posts
 Posted 09/09/2022  10:36 pm  Show Profile   Bookmark this reply Add jimbucks to your friends list Get a Link to this Reply
Carson City (mintmark CC) command a premium, some of them quite a bit. If you could add photos of any of those to the thread that would help.
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MisterT's Avatar
United States
2003 Posts
 Posted 09/09/2022  10:39 pm  Show Profile   Bookmark this reply Add MisterT to your friends list Get a Link to this Reply
Is there the 1893 S in this book by any chance? That is the key.
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mrwhatisit's Avatar
United States
2954 Posts
 Posted 09/09/2022  10:47 pm  Show Profile   Bookmark this reply Add mrwhatisit to your friends list Get a Link to this Reply
with jimbucks, CC minted dollars always carry a premium value...

First big CC key date: 1889-CC (dinky mintage, high demand)

1879-CC and 1893-CC are not too far behind the 1889 one...

Oh yeah, the big key date of the entire set is the very famous 1893-S, very dinky mintage of only 100,000 minted and a very high demand means even in low grades easily several thousand dollars... All dates/mints from 1893 to 1895 are automatically good and worth significantly more than some average Morgans. Some more food for thought
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