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Morgan Collecting

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Author Previous TopicReplies: 5 / Views: 1,477Next Topic  
New Member

United States
5 Posts
 Posted 04/16/2009  11:13 am Show Profile   Bookmark this topic Add bfisher690 to your friends list Get a Link to this Message Number of Subscribers
Hi All,

I am a coin newbie. I am trying to get a few Morgans for a collector who only cares for original coins but cares little about condition. He is looking for the illusive (somewhat) 1894 Morgan plain. He also needs some Carson City Morgans from '83 and '84. Are there dealers that have fair prices and that are reputable that I can trust? Which are they? I assume ebay would eat someone like me alive ; )

Your thoughts?

Thanks in advance!

Brian Fisher
fisher5150 AT gmail.com
Pillar of the Community
Napoleon31ft's Avatar
United States
528 Posts
 Posted 04/16/2009  6:12 pm  Show Profile   Bookmark this reply Add Napoleon31ft to your friends list Get a Link to this Reply
Actually it is possible to do just fine on ebay.
Just make sure to grade the coins by yourself, dont go by what the seller says at all. The book "photograde" can be quite helpful in learning how to grade coins.
New Member
United States
5 Posts
 Posted 04/17/2009  10:31 am  Show Profile   Bookmark this reply Add bfisher690 to your friends list Get a Link to this Reply
What kind of blocks should I look for on ebay? I know some agencies carry less weight than others.

Thanks so much!

Brian
Moderator
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/17/2009  8:47 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
I assume ebay would eat someone like me alive ; )


Not if you go in with that aware of an attitude.

That said, you're looking in an area where even the most reputable sellers tend to overcharge due to demand among the unaware; bargains are available but you've got to bear down and do due diligence to find them.

I urge you to first obtain a free membership with Heritage Auctions (ha.com) to have access to their huge database (over a million coins) of auction results. Their photography is extremely high-resolution and an invaluable grading aid, not to mention assistance in valuation. My comments in your other thread are based on what I saw at Heritage.

These specific coins aren't within my area of interest (too pricey )m so I can't recommend specific dealers; I will say that the CC's should be available in nice Mint State condition for less than $200, and the 1894 is going to be difficult but not impossible to find at a fair price. It's important to note the difference between Heritage auction results and dealer asking prices for this one; Heritage is patronized by discerning collectors who know the true value of a given coin, and I take their results as truth when they differ from standard "asking" prices.

Especially with the 1894, patience will be rewarded. Make sure your friend knows this.

I am "breaking" your email as posted; we don't want our members to fall victim to spambots which we haven't caught yet. It happens, even when you try as hard as we do to defeat them.
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steve199's Avatar
United States
1882 Posts
 Posted 04/20/2009  12:38 pm  Show Profile   Bookmark this reply Add steve199 to your friends list Get a Link to this Reply
Does your friend know more about this than you do?

If he does, he should be looking for it.

If he doesn't, then why these particular coins?

Pillar of the Community
chris12018's Avatar
United States
2130 Posts
 Posted 04/21/2009  06:51 am  Show Profile   Bookmark this reply Add chris12018 to your friends list Get a Link to this Reply
I have many duplicate Morgans. Are there specific date you need? PM me.
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