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Replies: 16 / Views: 2,381 |
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Bedrock of the Community
United States
11951 Posts |
I am wondering if anyone has done this, and did it work. My wife was asking me if I could think of something to buy our daughter and son in law for Christmas. Well .. I am a coin guy .. so I am thinking coins .. I got to thinking maybe if I bought them a couple nice coins they might get more interested in collecting. This is the part I am wondering if anyone has done, buy coins for a relative to get them interested in collecting. So here they are, I paid $62 and $63 for them I hope that is a good price, I don't buy much slabbed stuff. They were born in 1983 and 1985 .. so the dollars are a hundred years older than them.     
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Valued Member
United States
98 Posts |
Those are nice Morgans, however, I'm not so sure your daughter and son in law will be entirely appreciative of them the way you and I would be. Non-collectors don't understand the appeal of coins to collectors. I talk incessantly about coins to a person I work with and she thinks it's odd when I start looking through my change, or asking to look through her quarters when she puts a 5 in the change machine. My point is, I'm sure they'll think "what a nice gift" and save them as a curio piece, but I'm not sure it will jump start them into collecting.
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Rest in Peace
United States
4849 Posts |
That price was a tad high for common date NGC MS-64 morgans, but not too far off. They go for around $50 on ebay. I recently bought a friend of mine a Peace dollar hoping for a similar result...:-) Hopefully it works out for you and catches their interest!
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Bedrock of the Community
United States
10982 Posts |
Those look like very nice coins and the price is what the current retail price is in this market. Quote:That price was a tad high for common date NGC MS-64 morgans, but not too far off. They go for around $50 on ebay. johnny54321: Please show me these. I have a dealer who what's to buy at $60/each.
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Bedrock of the Community
 United States
11951 Posts |
I know I bid on at least 15 different 1883 O (this one did come from E bay), I stopped bidding on them when they went over $65. This one came up Buy it now .. so I bought it. Even some of the MS 63's were going into the 50 to 60 dollar range. I imagine if I watched long enough .. I might have found one cheaper .. but had to have them so I could send them out for Christmas. http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWNX:IT
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Bedrock of the Community
 United States
11951 Posts |
Quote:I recently bought a friend of mine a Peace dollar hoping for a similar result...:-) Hopefully it works out for you and catches their interest! Thanks .. I really hope it helps .. or starts them on the road to coin collecting. It is a big concern for me that my coin collection will go to someone who wants it .. when I am gone
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Rest in Peace
United States
4849 Posts |
Edited by johnny54321 12/09/2010 8:19 pm
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Rest in Peace
United States
4849 Posts |
Quote: I imagine if I watched long enough .. I might have found one cheaper .. but had to have them so I could send them out for Christmas. Yeah, you did fine since you had to be more "specific" with your common date to get the right year.  I was just referring to common date MS-64s in general.
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Bedrock of the Community
 United States
11951 Posts |
Johnny I am thinking you are much better searching than I am. I did not look at other dates .. just the 1883 I might have bid on the one you posted.. if I have found it. It seems like all the ones I bid on went up at the end. Like these http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IThttp://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:ITEdit .. I wanted to say .. if I was looking for these coins .. for myself .. I would have waited .. because I agree I think they can be found in the $50 range .. I was starting to worry .. and need to send them out with the christmas presents.
Edited by GR58 12/09/2010 8:41 pm
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Pillar of the Community
United States
1510 Posts |
I bought myself 3 morgans for "my present to myself"
Retired USAF 1983-2003
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Bedrock of the Community
United States
10982 Posts |
Yeah - I did a search after your post and found a few in the $52-$56 range (with shipping) and that's cheap these days for certified MS64 pieces. They do have to be pre-1921 and either PCGS or NGC certified for the $60 "buy". 1921s won't work nor will ANACS or ICG. I found a dealer online who had 7 1884-Os in NGC MS64 for $53/ea + $1 shipping/ea and I bought them all.  If anyone has a group of MS64 Morgans that they want to sell for $60/ea, I can give out the dealer's info. Sorry to steal the OPs thread! The OPs 2 Morgans look like solid 64s and were a decent deal these days.
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Pillar of the Community
United States
2541 Posts |
My younger brother was born in 1981 so I bought him an 1881 Morgan for his birthday a couple of years ago. He still thinks coin collecting is weird!
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Pillar of the Community
 United States
2448 Posts |
You can lead a horse to drink...but you can't make him water! (Chuckle)  My grandsons love to get coins but sadly, none have been bitten by the "coin bug". I believe your kids will be appreciative but unless he shows a marked interest  , I would find other kinds of gifts in the future. Test the water (pun intended) you never know.
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Pillar of the Community
United States
1510 Posts |
I got my daughter into coins (she is 9) I think the best thing was getting a bunch together and putting them in the whitman hole books-- when we got 5 across we called it a "Bingo" we would go through wheat pennies by the pound and one day she found the 1909 VDB she was like "holy crap look what we found!!" Of course she told my wife and she said "thats great" (Not knowing what it is and thinks coins are for geeks) But I think my daughter does have an appreciation for coins, dont know if it will last but we shall see. =)
Retired USAF 1983-2003
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Pillar of the Community
United States
509 Posts |
To tell you the truth I don't think it will spur any sudden interest in coin collecting. It's either there or it's not. That's not to say they won't appreciate their elegance. They ARE unique gifts for anyone to have and something to hold on to through the years. I would suspect though, as time goes by, they will come to have more and more meaning. I recently did much the same thing and bought a 2010 Silver Eagle from the US Mint for my grandson born just last month.
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Valued Member
United States
455 Posts |
You sound just like me with my nephew! I've been trying to get him interested in coins since he was 10 years old. I have given him coins such as the ones you are giving to your daughter and son-in-law for years. Plus I have dragged him to coin shows, local coin shops and even tried to talk him into going to my local coin club meetings. The poor kid! I have purchased coins that he himself picked out, but I don't think he is at all interested in coin collecting in general. I am leaving my collection to him in my will and that is why I have tried so hard to get him interested in coins. Perhaps he will get bitten by the coin bug as he grows older. I guess I'll just have to wait and see and pray!
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Replies: 16 / Views: 2,381 |