1881-S Morgan Dollar

Whenever I handle coins, doesn't matter if they are mint state or circulated I wear thin cotton gloves. People don't realize how many oils, secretions and dead skin emulates from our bodies and that includes the hands. Also, I always thoroughly was my hands before I go near my coins. I don't need to go into how reactive metals are, especially silver so wearing gloves is a must for me and I don't care what others think about me at all.

 

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The result: Ngc ms-62 pl

 

K@--you are wasting your money buying raw Morgans. I have been collecting them since I was a child, off and on (many years ago..lolol). All the good ones have been picked over--you are far better off saving your money and getting slabbed ones, especially for the common dates. They are available for not much money. That could have been had in a PCGS or NGC holder for probably $75.00 or less. I am going to write an article on the pitfalls of buying raw Morgans.

 

Buying a raw coin at melt value then sending it in and getting a MS-62 PL out of it is well worth the money put into it. I always stick to buying already graded coins, except i wanted to see what kind of grades i would get from these coins if i sent them in. so i ended up paying less then what it would cost to but the coin at a auction or a coin so, so i think that i did well if you ask me. I know that buying raw coins is a risk, but if you think about it, every coin once was raw and someone had to take the time to send it in............

 

No you didn't. You were into at least 55-60 dollars with postage. If you buy a nice slabbed 63 PCGS or NGC, you have a coin you can keep for years, and it has value and attractiveness. Should you decide to ever sell it ( i have sold hundreds of coins), they will sell. Raw Morgans are risky unless you really know what you are doing. I'd advise getting the base MS common date coins in slabs, that are as attractive as your budget can afford. That is what I advise all young collectors. You never know if you want to sell/trade/exchange.

 

I know what you're saying. I ALWAYS buy graded morgan dollars unless im buying them just for melt value. In this case i came across a few nice coins that i bought for melt value that i thought would be worth sending in. I will only buy graded coins by NGC or PCGS, unless i come across coins that will have potential to gain value if they were graded...

 

Most of my Morgans are raw, the way I purchased them. I have a lot in slabs also, but the bulk of them are ungraded. I purchased them raw to see how my eye was when choosing Morgans that will grade up if I submitted them. I haven't done that as of yet, but I do plan to send quite a few of them in. I'll post them when I get them back as well as submit photographs of them raw before I get them graded. Don't hold your breath though, because I've had a lot of expenses lately and cannot afford the grading fees right now. These are examples of my raw Morgans. All handpicked by myself over the years. Do you think they are worth having them graded?

 

I could give you half a grade, now. Do you want the other half, later?

Chris:devil:

 

Most raw Morgans are dipped low grade mint state or AU coins, On Fleabay, everything is advertised as "blaser, blast white, gem, BU, MS 65, original white, Prooflike", etc. Some of those coins are low level non-dipped, MS coins from rolls, or just lying around. Others are better dates that have been circulated, and are well worn. Nothing wrong with buying raw Morgans, but remember that it is an exceedingly popular series, and finding a great raw Morgan is unlikely, as you are competing with dealers and knowledgeable experts, who would grab them up long before you'd see them. Are they worth slabbing? Yes, some of the better ones are, but posting a bad picture here, or half of the coin really doesn't reveal anything. Expect raw Morgans to have been well picked over, and be pleasantly surprised to find a really special one that didn't already make a slab.

 

don't put your thumb on it

 

The best deal I ever got on raw Morgans was about 7 years ago. A local friend of mine bought a bulk lot of coins, everyting from "soup to nuts" in the purchase. Included was a 19-coin roll of uncirculated 1882-CC Morgans. He offered them to me at MS60 CDN, which at the time was $160 apiece. Naturally, I bought the entire "roll". Of the lot, only two of them appeared to grade about MS62, most were MS63, three were MS64 and one was MS65. But my favorite of the whole bunch is an NGC MS63 VAM-2C Hit List 40. The dies clashed numerous times, and there is so much to see on this coin. Here are just a small handful of the results of these clashes.

Chris