Just some Morgans

Discussion in 'Coin Chat' started by Cascade, Feb 21, 2016.

  1. Cascade

    Cascade CAC Grader, Founding Member

    Figured I'd grab some shots of my danscos. Just a few more to go and I'll also probably get some raws to fill the slabbed holes too in due time

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  3. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    Good on ya!

    Chris
     
  4. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    I saw an AG-3 1895-O pass on Heritage today for ~$100.
     
  5. Paul M.

    Paul M. Well-Known Member

    What, no 93-S or 95? :p

    Just kidding, of course! Nice collection. :)
     
    spirityoda likes this.
  6. NSP

    NSP Well-Known Member

    Nice variety of coins! I like 'em.

    Just curious, is there any significance regarding why some of them are upside down in the album (like to denote a certain characteristic), or is it just personal preference?
     
    JPeace$ and krispy like this.
  7. ilLOminatus

    ilLOminatus Member

    Are you concerned with coin oxidation for those open air Morgans?
     
  8. Paul M.

    Paul M. Well-Known Member

    I wouldn't be. Most are circulated and will be fine for at least another hundred years.
     
  9. JPeace$

    JPeace$ Coinaholic

    Curious as to why some were inserted upside down?
     
  10. Cascade

    Cascade CAC Grader, Founding Member

    I knew I'd get this question lol.

    These danscos were originally from a large lot of coins I inherited. There were only about 30 morgans in it. Then I added something like 20+ to it. Then, about 4-5 months ago I bought an almost complete set in old Whitman Books. I pulled the best for grading, then what I needed for my album (upside down ones) and sold off the rest. I really scored on that purchase with the graded coins coming back at grades that basically paid for that set. SO all the upside-down coins were free :) but if you wanna get technical though the way the set broke down I paid an average of $38 per coin for the upside-down ones
     
    Last edited: Feb 22, 2016
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  11. Cascade

    Cascade CAC Grader, Founding Member

    On a side note. I love how beat up the 82cc & 83cc are. You see so many of the darn things all sparkly in gsa holders so those cruddy ones really appeal to me. Call me crazy :)
     
    Santinidollar, NSP and Paul M. like this.
  12. Murphys Mike

    Murphys Mike Member

    I have really enjoyed collecting Morgan's just something about heavy dollars. I live near the old mint in Carson City and have purchased some not graded for the price. I mostly now collect using the guide book of Morgan Dollars by Dave Bowers. It is the best book I have found for note resting stories and details. His optimal collecting grade had helped me focus on my collection and enjoyment. From time to time I get carried away with slabbed CC Morgan's.
     
  13. Cascade

    Cascade CAC Grader, Founding Member

    Nice, I get up there every year or two. My family has a cabin in Tahoe. Be sure to go across the street from the mint to Northern Nevada Coin if you haven't already and feast your eyes on the beauty :) also, if you haven't already Google "Laverne Redfield hoard" and read up. He was an eccentric rich guy that hated the government and hoarded silver dollars in his modest house in Tahoe. He was worth millions but dressed disheveled and drove a beat up truck. He would trade cash for bags of morgans just to throw them down his laundry shoot. He left a note to his heirs with the coins that said "don't tell the irs about this" (ad lib) and guess who found the note... the irs! It's a great story especially if you collect morgans and live in the area
     
  14. Murphys Mike

    Murphys Mike Member

    Thanks and I am a regular customer at the three locations of N Nevada coin. Just last week I purchased two Morgan's there both ms 65. I am going back on March 5th for a few more.
    This last time I even purchased a few silver Eagles. Fun gifts.
     
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  15. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    Oooh, another 1895-O PCGS in G-6 passing on Heritage with a $100 bid + buyer's fee...
     
  16. Paul M.

    Paul M. Well-Known Member

    Great story to go along with a great collection. :) Sounds like one of those opportunities that doesn't come around frequently, unless you're a full-time dealer.

    BTW, I also like your circulated CC's. The whole set definitely has the look of a lovingly upgraded group. Just out of curiosity, what grade is your 89-CC?
     
  17. JPeace$

    JPeace$ Coinaholic

    That still really doesn't answer the question. Now I know where you acquired the coins from, but why leave them upside down? Did you do it so you could differentiate where the coins came from or for a different reason?
     
  18. atcarroll

    atcarroll Well-Known Member

    so the reverse will be right side up?
     
  19. Cascade

    Cascade CAC Grader, Founding Member

    Exactly. Just to differentiate those from the other set

    Thanks. Not a dealer just an estute buyer with above average luck. And the 89cc is vf details (repaired)

    Thanks but I don't buy from heritage unless I spend over $1500 on an auction as I hate paying sales tax
     
  20. Santinidollar

    Santinidollar Supporter! Supporter

    I am a Morgan collector, but never have bought one from Northern Nevada Coin though they seem to have a grand selection. I did buy a pre-war Jefferson nickel proof from them on EBay. Quite happy with the coin and the price.
     
  21. Cascade

    Cascade CAC Grader, Founding Member

    Ok so I posted too early lol. Here's an.actual update with a couple holes filled plus pics of the slabbers...

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