I was at a coin shop today and they have a 1893 CC Morgan,
that they have graded as VG and will let me have it for $220
I am trying to fill a Dansco dollar date set album, where
you need one coin for each year(any mint mark).
I ask them to hold it for me, and I would come back tomorrow
to let them know if I want it.
From looking at the
Red Book I see the 1893 and the 1893 O
have lower mintage and have a lower cost.
The question is what would you experts do, buy the CC or
wait and find a 1893 or 1893 O, at a better grade or cheaper
price... just to fill the one hole.
I started the set just to be able to put more silver away,
so each coin a certain grade is not important to me. The 93 and 95 years are going to be more than silver. I think for those I will want to have coins that may go up in value .. long term.
To me it looks funny that the 93 CC mintage is 677,000 to the
1893's 378,000 and the 1893 O's 300,000, yet the 93 CC books at a lot more money. My gut feeling is to wait for a 1893 O and hope I can get a good deal on it. But is this a really good deal on the 93 CC .. of course is it really a VG, I will have to get the book out and grade it before I buy.
Posted 02/16/2011 4:15 pm
