What year of Morgan dollar's ???

Discussion in 'Coin Chat' started by Doug1974, Feb 4, 2015.

  1. Doug1974

    Doug1974 Active Member

    Hello after doing some research & asking all of you at cointalk ( THANK YOU ) I am now switching gear's to the Morgan Dollar from ASE's .

    So at this point I am am need of REAL advise on what year's/mint mark's ! I do know to ONLY focus on MS64+ no matter what year or mint mark !

    I am & will at some point trade/sell most of my item's it might be year's so they need to hold/grow in value that is VERY important to me .

    I just bought this 1886-p Morgan it look's to be a RE-PUNCHED DATE ??? It is in MS condition ( I believe ??? ) Take a look at the picture's & PLEASE give me your feedback as it will be much appreciated !

    Doug G : Kent WA.
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  3. krispy

    krispy krispy

    For me, they are too small. Cannot open/enlarge the image files.

    You might do yourself good to pick up some reading material before you buy too much. For example, A Guide Book of Morgan Silver Dollars.

    If you love the Morgan dollar, then some interesting history can be found in Crime of 1873
     
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  4. Doug1974

    Doug1974 Active Member

    I have enlarged the picture's now sorry for that !
     
  5. Doug1974

    Doug1974 Active Member

    I paid $49 for the 1886 .
     
  6. krispy

    krispy krispy

    But you have cropped the edges of the coins. You must show the entire coin, rims and all.
     
    Doug1974 likes this.
  7. krispy

    krispy krispy

    Also, you can start learning about VAMs. Spend some time on VAM World
     
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  8. Doug1974

    Doug1974 Active Member

    I will upload new picture's soon & I also will show you all my 1893 AU Morgan !

    It cost me a week on the couch LOL !
     
  9. krispy

    krispy krispy

    For a quick reference, you might also bookmark this page for Morgan mintages
     
    Doug1974 likes this.
  10. Doug1974

    Doug1974 Active Member

    Thank you I need all the help I can get it will only save me $$$.
     
  11. Doug1974

    Doug1974 Active Member

    IS the red book any good ???
     
  12. krispy

    krispy krispy

    Yes, especially for a beginner. The author is a leading expert and has written extensively about coins. More
     
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  13. Doug1974

    Doug1974 Active Member

    I have been told to buy 20% less that the red book was that good advise ?
     
  14. krispy

    krispy krispy

    The best advice is to ignore entirely the prices you find in any guide books. You need to develop your own sense for values and the best way to do this is to track auction results, which you can do on a host of websites. You can use eBay completed auctions, but I prefer companies like Heritage, looking at their Auction Archives. Explore auction results and keep a spread sheet of what you see coins across grades for the dates you want selling for.
     
  15. Doug1974

    Doug1974 Active Member

    I have just subscribed to Heritage auction's I will now go through there sold posting & thank you again . I do refer to the EBAY sold listing's but EBAY is SOOO over rated I don't like even opening that window :yuck:
     
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  16. krispy

    krispy krispy

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  17. Doug1974

    Doug1974 Active Member

    I will check it out .
     
  18. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Who told you to focus only on 64+ no matter the date or mint? Even if not a bad idea for most of this series, it should not be absolute. There are many factors that come into play and/or that should/could be taken into consideration before making the decision on any coin that go well beyond the number on a label.

    As for the 86 shown, from what I can see it appears that you've already broken your minimum grade standard. Price wise you likely could have done better, and at this point in time, until you become more familiar grading, IDing problems, pricing, etc, it may be a good idea to stick to buying slabbed. Take your time, learn as much as you can, and enjoy yourself; there is no reason to rush.
     
  19. Doug1974

    Doug1974 Active Member

    I am at a lose of word's BUT you do make since !
     
  20. Doug1974

    Doug1974 Active Member

    I go to coin/pawn shop's daily looking for a good deal can you PLEASE tell me how to tell the difference between AU & MS at a glance ?
     
  21. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    In a word: wear. But, and as with most things, it is easier said than done.
     
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