Just bought a 1921 Morgan silver Dollar

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

  1. Shrews1994

    Shrews1994 Collecting is my passion.

    I picked up on a good deal. But before I tell y'all what I paid tell me what you would pay for it. It has the pinwheel effect. now that's a good indicator that it hasn't been cleaned. And it's a type of vam. Has die cracks all around the coin. Both sides CM190505-152850008.jpg CM190505-152927009.jpg CM190505-153053010.jpg CM190505-153114011.jpg CM190505-153215012.jpg CM190505-153239013.jpg CM190505-153255014.jpg CM190505-153331016.jpg CM190505-153435018.jpg
     
    Last edited: May 5, 2019
    Ag76, Devyn5150, longshot and 5 others like this.
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  3. Shrews1994

    Shrews1994 Collecting is my passion.

  4. alurid

    alurid Well-Known Member

    Nice coin, And nice it has it's cartwheel effect intact. Good sign of original luster.
    Have you research the VAM # yet?
     
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  5. Collecting Nut

    Collecting Nut Borderline Hoarder

    Sweet looking coin Shrews. Nice original luster and a number of wonderful die cracks on both sides.
     
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  6. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    "Pinwheel effect"? I think you mean "cartwheel luster", don't you?

    Also, all Morgan and Peace dollars are VAM's.

    $20?

    Chris
     
  7. Kentucky

    Kentucky Supporter! Supporter

    $20 would be a good price, but anything less than $25 or so would be good.
     
    SilverMike likes this.
  8. green18

    green18 Unknown member Sweet on Commemorative Coins

    Pretty coin........
     
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  9. Shrews1994

    Shrews1994 Collecting is my passion.

    Oh lol yes cartwheel. I have a 1904 that didn't have no vams online for it.
     
  10. Shrews1994

    Shrews1994 Collecting is my passion.

    Thanks and No I haven't yet. I will soon.
     
  11. Shrews1994

    Shrews1994 Collecting is my passion.

    Well I got it for 23$ nicest one of my collection.
     
  12. Kentucky

    Kentucky Supporter! Supporter

    I could live with that!
     
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  13. SilverMike

    SilverMike Well-Known Member

    That’s good in my book. Looks like you know what to look for to avoid cleaned coins.
     
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  14. GUNNER63736

    GUNNER63736 Well-Known Member

    You did good at $23.00. I see that the coin collecting bug has finally got you young lady. From metal detecting to buying. Or have you always been a buying collector?
     
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  15. littlehugger

    littlehugger Active Member

    Nice!
    Morgan dollars are THE iconic collectors coin, and it seems no collection is complete without a nice example.
    There is just some sort of quality to a big piece of silver like that.
    Also, given their long popularity and the relatively low value of silver, they are affordable.
    Morgans are still a popular set to collect, and you can also find specimens like yours. A real eye-catcher, for a fair price.
    In your case, the cartwheel effect. But you can also find DMPL Morgans too, for a great price, that are very impressive looking.
    All in all, you made a great purchase.

     
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  16. jtlee321

    jtlee321 Well-Known Member

    Quick look on VAMWorld and I place it as VAM-3H2. http://ec2-13-58-222-16.us-east-2.compute.amazonaws.com/wiki/1921-P_VAM-3H2

    Also VAM is an acronym of the last names of the two individuals who started cataloging dies of Morgan and Peace Dollars. VA is for Van Allen and the M is for Mallis. All Morgan Dollars and Peace Dollars are a VAM.

    Also $23.00 is about right. I would have paid $25.00 or less for it.
     
  17. Santinidollar

    Santinidollar Supporter! Supporter

  18. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    It was probably VAM-1 which is a normal strike.

    Chris
     
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  19. littlehugger

    littlehugger Active Member

    Something only collectors enjoy, is the pleasure of owning something like a silver dollar. Not just silver colored, but actual silver.​
    Also, any large coin, but preferably old copper.
    Large cents and half cents and 2 cent pieces.
    They dont make them anymore, but they are fun to collect and amazing to find with a detector.
    I find they make great birthday gifts. For a very reasonable price you can get a one Troy ounce ASE as a birth present and even get a proof or grade 70 that makes a very impressive gift. It has value and holds it.
    Also, people like large coins with their birth year on them.
    My dad had an English Penny in his birth year that he picked up, probably in a coin dealers junk box for 10 cents.
    He carried it with him in a squeeze change purse for years and years, until one day I noticed, it had worn down to a blank planchet.
    I found some and replaced his. He really liked that.
    Now he is gone and I miss him. I wonder what happened to those coins?
    All that was context for saying, people like larger coins. Even those awful "golden" dollars. More so the old Ikes, which sell for more than face value.
    Something I used to do, was get a roll or two of golden dollars when I travel overseas. They make great gifts and tips.
    Often, people dont tip abroad, so getting one is a pleasant surprise. But a dollar coin has
    a certain cachet as a token, talisman or whatever you call it.
    Real silver dollars are gone. Halves dont circulate and the dollar coins barely circulate.
    When you do spend them, people keep them. Or, they think its a scam.
    A student was arrested for trying to spend a $2 bill at school. No, his teacher, admin and cop were that ignorant they thought it was fake.
    There is a reason counterfeiters fake $100 bills. All that trouble for $2?
    Its also that way with some coins, even here.
    Where did you get it?
    Thats a great deal for $23 and I would like to pick up a few.
    Silver is the new gold, and Morgan/Peace have collectible value as well.
     
  20. Shrews1994

    Shrews1994 Collecting is my passion.

    The only thing that this coin has different is that is has a die crack little bit before the e and right before the p to the rim. On E pluribus on the reverse on the left star there's a die crack going down to rim. on one the E has a die crack going to rim. On dollar the die crack starts at O through to R.
     
  21. Shrews1994

    Shrews1994 Collecting is my passion.

    At a regular coin shop. And yes they do.
     
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