Just bought a 1921 Morgan silver Dollar

Discussion in 'Coin Chat' started by Shrews1994, May 5, 2019.

  1. Shrews1994

    Shrews1994 Collecting is my passion.

    And I got this plus a few other things. CM190505-182547007.jpg CM190505-182419005.jpg
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. Shrews1994

    Shrews1994 Collecting is my passion.

  4. littlehugger

    littlehugger Active Member

    I was hoping it was online where I could go.
    Only one coin shop near me, and he is a sharp operator.
    Very sharp.
     
    Shrews1994 likes this.
  5. Shrews1994

    Shrews1994 Collecting is my passion.

    I couldn't see myself buying a coin online. I like to see exactly what I'm buying.
     
  6. Shrews1994

    Shrews1994 Collecting is my passion.

    Thank you I was thinking I did good today. It did catch my eye. After my grandmother gave me her Morgan I was hooked on them lol
     
    littlehugger likes this.
  7. Shrews1994

    Shrews1994 Collecting is my passion.

    Well I started collecting last year in June. I started metal detecting last December. But yes it is addicting.
     
    Last edited: May 5, 2019
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Die cracks are not attributed as VAM's, unless it is something like the 1888-O "Scarface". More often, they are used to determine a die state.

    Chris
     
    Shrews1994 likes this.
  9. Mainebill

    Mainebill Bethany Danielle

    A bit baggy but strong luster I’d grade it ms 62. I was going to guess you paid $25. So a good deal
     
    Shrews1994 likes this.
  10. littlehugger

    littlehugger Active Member

    Shrews, I agree with that. Being there and able to eyeball your coins is a big part of the fun of collecting.
    You really did choose a great piece. Morgans are classic coins, and yours looks like it was minted yesterday.
    I like its minty shine, the cartwheel effect, which also indicates its a virgin to cleaning and polishing, and the authe
    It has all the features you desire in any coin, but you especially long for in a Morgan.
    Put it in one of those nifty air tights to preserve it.
    Yes, but die cracks are a sign of authenticity. Not that too many are counterfeiting 1921 Morgans. However.......
    Just think, of you are selling silver rounds, instead of selling 99.9 Troy ASE's barely over melt, you can sell 90% Avdp Morgans for $20+ or more, it starts looking likely.
    Even though ASE's have much more silver, they are bullion. While Morgans have significantly less, they have numismatic value.
    Gee, I need to patent this idea and get rich.
    LOL
     
    Shrews1994 likes this.
  11. Shrews1994

    Shrews1994 Collecting is my passion.

    You never no when you get stuff like that online. It can be a Hassel when it isn't right and having to send back and everything and as soon as I got it home i put it in a airtight. it's my nisest one. Only one with the cartwheel affect i have a total of three now will be getting more though. My grandfather was big into collecting he had tons of coins I wish it was still in the family but someone stole his whole collection. But I'm keeping his collection going on. Keep buying gaining every other week. People on here helped me out tremendously by gifting me coins. Coins that I never knew existed. I don't look to ever selling any of them for more money. I just hope it all stays with the family.
     
    Mainebill likes this.
  12. littlehugger

    littlehugger Active Member

    Coins and collecting are addictve.
    Also, coins are a great investment. Just dont go blowing your money on gold plated junk coins.
    Morgans are real money. 90% silver. And not just collectible, but Morgans are the iconic collectible.
    Its not just a big, shiny silver coin, but it has that classic American coin look.
    With Morgans, especially with the eye appeal of you rs. You have inherent value from the silver, numismatic value, the eye appeal and a classic coin, at just over melt.
    Just keep collecting, then leave them to your kids.
    Advise you to try and get them interested, so they dont just sell it off to the local dealer for 25% of its worth.
    There are other investments, but they are all monitored and taxed. With coins, there is none while you hold them. None when you sell either if you are careful.
     
    Shrews1994 likes this.
Draft saved Draft deleted

Share This Page