Morgans? - Coin Community Forum

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Author	Replies: 6 / Views: 886
Wornslick Pillar of the Community United States 1304 Posts	Posted 08/10/2011 9:06 pm * Moved by Staff to a more appropriate forum. * For the past few weeks I have been setting on $650.00 that I am planning on using for a key date morgan, 1889CC, 1885CC, 1880CC, ect. I have been searching different coin websites, along with E-Bay and understand what grade this amount of money will buy. I need all the CC's except 1878CC,1879CC and the 1884CC. My 1878 and 1879 are in F-15 and the 1884 is a GSA MS-64 so if I have thought I could collect the remaining CC's in F-VF. My problem is I am having a hard time convincing myself that I will ever be able to collect all the Morgans. I look at the price of these coins and I think to myself, I could get 2 of the more common dates of Morgans for the same amount as one of the CC's. I have also been thinking about skipping the CC's and start on the "S" mint marks that I need. I have a list of all the Morgans by date, and I started at the top, 1878 and have been working my way down, I am down to 1884-S (skipping the CC's). I guess I am looking for some opinions and guidance from some of you members that have been collecting these wonderful coins alot longer than I have. Have any of you had second thoughts on what you are collecting and how you are going about it? Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 08/10/2011 9:32 pm Just to throw out a thought - if you're "set oriented," how about limiting it to a date set or a mint mark set? Much less intimidating. A CC set will be a pretty solid long-term investment, as well. Report this Post to the Staff
GR58 Bedrock of the Community United States 11951 Posts	Posted 08/10/2011 9:56 pm Interesting approach ..." I started at the top, 1878 and have been working my way down" Could be a fun way to collect. My suggestion would check your online stores .. this site .. coin shops and shows for any of the CC or S mint coins you still need, if one pops up for a good price jump on it. With time and planning I believe you can acquire all the Morgans you need for your collection. Just take your time and wait for the good deals. For me I go to a lot of coin shops and coin shows and look for the best deals on any of the coins I need. I like your idea of putting the money in a fund ($650) for your keys. Having the money available when a good buy comes along really helps. As for how I am doing it. For example Earlier this year I put together a Dollar date set. It looks like this is the start of me putting together a complete set of Morgans. Today I bought a group of 22 Morgan dollars. I have a buyer that will buy any Morgan or Peace dollars. So I picked out five of the 22 I liked and will sell the rest. I also heard of a 1893 S from a private collection and made a opening offer. Many of the harder dates, you just have to be ready when a good deal comes along. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 08/10/2011 9:59 pm Quote: I started at the top, 1878 and have been working my way down Yeah I did also but ended up selling most of the others and got stuck in the 1878's Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 08/10/2011 10:16 pm "Stuck?" You are in the deep stuff with '78's, my friend. Report this Post to the Staff
Wornslick Pillar of the Community United States 1304 Posts	Posted 08/11/2011 07:38 am Thanks for the advice. I know that some of these Morgans are just going to be completely out of reach for me but that is true for any "set" that you try and build. When I first started collecting I was a type collector. Maybe I can look in that direction. I do not have a Twenty Cent Piece or a Trade dollar. Thanks again, Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 08/11/2011 11:57 am My usual suggestion is to try to find coin shows in your area. If none, consider finding some somewhere. When you are at a coin show you may well see a large variety of what you are looking for rather than taking whatever is on ebay. At some rather large coin shows, like the one in Illinois this weekend, many, many dealers have many of those. Report this Post to the Staff
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