Quote:
hemisboats: ...serious collectors are in trouble...
There's definitely been more selling of Morgans in the past year.
Denver is a big Morgan market, so I see stuff like the 1881/1885 CC's,
1893-95 Phillies, etc. in dealer's cases regularly.
The coin I've been keeping my eye on is the 1893-S. More of them have
been showing up at local dealers, anywhere from AG-3 to VF-30 grades.
The fact that I saw three slabbed VF 1893-S'es at local dealers in
the past year (2009) would suggest that they were from long-term
collections being dispersed. The good news is that all of the '93-S'es
(regardless of grade) have been selling very quickly, so the money
is still out there for them. Every '93-S I've seen in a case was
sold in a week or two....