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Replies: 29 / Views: 1,568 |
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Bedrock of the Community
United States
11880 Posts |
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
Edited by numismatic student 01/07/2024 12:24 pm
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Pillar of the Community
United States
1509 Posts |
That is a really nice example! Crazy expensive. I hope to own one in G-VG one day.
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Moderator
 United States
187582 Posts |
Outstanding example! 
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Bedrock of the Community
United States
36491 Posts |
A super coin. Not one I'll ever own.
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Bedrock of the Community
United States
12057 Posts |
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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Pillar of the Community
 United States
5177 Posts |
This does not make any sense to me.
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Pillar of the Community
Taiwan
606 Posts |
If the $200,000 current bid does not make any sense to you just wait until the final bid. Easily a $400,000+ coin IMO. Any other guesses out there ?
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Pillar of the Community
United States
1509 Posts |
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Bedrock of the Community
United States
73608 Posts |
Beautiful coin! 
Errers and Varietys.
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Pillar of the Community
United States
3323 Posts |
An amazing rarity. If this was a common Morgan, I wouldn't see it getting a 65 from these photos...
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Bedrock of the Community
 United States
11880 Posts |
This one is 63CAC and I think it is undergraded instead of overgraded which is what we usually see in rarities. I think it is a nice 64 but photos could be presenting it better than what it is in hand.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Pillar of the Community
 United States
5177 Posts |
Quote: An amazing rarity. If this was a common Morgan, I wouldn't see it getting a 65 from these photos... About 100,000 of these were minted. Not really "rare".
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Bedrock of the Community
United States
12057 Posts |
Quote: About 100,000 of these were minted. Not really "rare". Perhaps not truly rare, but certainly scarce, especially in that condition - the vast majority of 1893-S Morgans are circulated. It still has the lowest mintage of any Morgan business strike.
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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Pillar of the Community
 United States
5177 Posts |
Quote: Perhaps not truly rare, but certainly scarce, especially in that condition - the vast majority of 1893-S Morgans are circulated. It still has the lowest mintage of any Morgan business strike.
You mean "rare" in the sense of condition rarity, not absolute rarity.
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Bedrock of the Community
 United States
11880 Posts |
Mintage figures are unreliable because so many morgans were melted by the government as silver was in a glut after the Comstock lode was found in Nevada. 7,734 have been graded by PCGS and 3,371 have been graded by NGC for a total of 11,105 coins or 11.1% of minted coins in all grades. Given the value even in low grades, most are thought to be in TPG holders. But if we look at uncirculated coins only, 37 have been graded by PCGS and 30 have been graded by NGC for a total of 67 coins or 0.60% of the 11,105 coins in TPG holders or 0.06% of the total coins minted. Given the popularity of the Morgan dollar series among collectors, an uncirculated 1893-S Morgan is not only rare, it is also in overwhelming demand, which explains the lofty price.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Bedrock of the Community
 United States
11880 Posts |
A g-4 coin of this issue in a straight graded TPG holder will run you about $3,300.
IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS THE MAN IN THE ARENA, Theodore Roosevelt at the Sorbonne Paris on April 23, 1910: " It is not the critic who counts; not the man who points out how the strong man stumbles or where the doer of deeds could have done better. The credit belongs to the man who is actually in the arena, whose face is marred by dust and sweat and blood, who strives valiantly, who errs and comes up short again and again, because there is no effort without error or shortcoming, but who knows the great enthusiasms, the great devotions, who spends himself in a worthy cause; who, at the best, knows, in the end, the triumph of high achievement, and who, at the worst, if he fails, at least he fails while daring greatly, so that his place shall never be with those cold and timid souls who knew neither victory nor defeat." My coin website: https://fairfaxcoins.com
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Replies: 29 / Views: 1,568 |