important morgan dollar question

How many date/mintmark combos are there of the morgan dollar series? What is a good price to pay for all of them in "circulated" condition? The seller said they were circulated and that is all, so to be safe assume circulated on rare dates means AG to cull, and better as they get more common. Your quik responces are needed.

 

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Tough queston.

The Red Book lists 117 Morgans (and notes that there are additional varieties), but if you eliminate all the varieties, I count 96, including the rare 1893S and the 1895 no mark.

Many circulated Morgans are worth bullion plus a small premium, but a few are worth hundreds even in low grades.

 

Thanx, now for the experts, at auction what would be a good price to get all these in good condition. There are 103 coins, all of the morgans plus a few. When I say a good price, I mean a killer price, super cheap and then sell to someone else for several hundred more.

 

aha, and where is this auction at? If I knew you'd have a serious contender for it! :hammer:

 

I'm not telling. (don't want to give any hints away )

Oh, and nsandler, say away from Orange Park tomarrow, there's no coin auctions.

 

that circulated term covers lots of ground....plus....are the keys real??could be a bonanza...could be a minefield....be careful! i'd want to examine all coins personally and would wantn authentication on the keys...has the stuff been polished???????? good luck ////use wisdom not emotion.

 

the coins are sight unseen, I can't make it to the preview

 

Be careful then. Better to miss out than to lose out.

 

I think I'll go to $1,200 (just $200 above melt), now to find $1,200...

 

Good luck, I hope that you get them.
Let us know what you get.

Lets think: 103 X $13 each (conservatively) = $1339.
still if there is even one CC dollar in there you make a quick buck.

 

there should be a few CC's, in fact all of them, it's the whole dang set.

 

Certainly be careful. The 1893-S Morgans in these types of sales are oftens duds. Some of the CC dates could be altered as well. If you keep you bid relatively safe, then there is little potential downside, and much possible upside potential.

Good Luck!

 

I agree, that's why I'm going to keep to just a little above spot price. (and hope I'm the only one who collects coins at the auction)

 

I am confused. Is this 103 different Morgans? All of the CC's etc? If it is, the 93-S alone goes for ~$2000 in good and the cheapest some of those CC's go for is ~$100 each. Forget about the 1895.

Just what are you bidding on?

 

I'm bidding on a COMPLETE morgan collection.

 

If you are bidding on the "COMPLETE" without specification of which 103 out of 117+ the seller defines as complete, and the genuineness/condition of the keys, you would probably do at least as well by putting your $1,200 on double zero at the nearest roulette table.

 

if you can't make it to the preview, perhaps someone going that you trust, could give 'em a look see. i certainly wouldn't chance buying anything sight unseen. just my opinion.

grizz

 

well if I just go up to melt I can't go wrong, or can I?

 

No, generally, if a fake is good enough to be sold at auction then it is pretty much going to be made of at least 0.8333 silver.

 

So I guess I'm set, if they're fake, then most likely it is silver, and that's fine.