A Few Better Items from My Collection #2

Discussion in 'Coin Chat' started by kanga, Apr 25, 2009.

  1. kanga

    kanga 65 Year Collector

    Unlike the positive note of my first "Better Items" post, this coin comes with it's share of negatives.
    I filled the hole for this coin in my album either in the late 70's or the early 90's.
    (I didn't collect in the 80's because of the market spike in 1980 caused by the Hunt brothers.)
    The first 1894 Morgan I bought was raw, had the look of an XF and had black-toned fields. At the time this didn't raise a red flag. I still had rookie status.
    When I decided to get my better coins slabbed I sent it in to PCGS.
    It came back body bagged.
    Why?
    Because of the black-toned fields. They might have been covering problems. No specific problems had been seen; just the potential.
    So MFD got the coin sold for me and I applied that money to this coin:

    [​IMG]

    LESSON LEARNED: Make sure what you purchase will stand scrutiny.
    How?
    Educate yourself before you buy.

    Needless to say, I lost money getting to this point.
     
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  3. bqcoins

    bqcoins Olympic Figure Skating Scoring System Expert

    still a very nice looking coin to be sure.
     
  4. jello

    jello Not Expert★NormL®

    I just wish my 1894-O was that good! nice coin kanga!!!
     
  5. ksparrow

    ksparrow Coin Hoarder Supporter

    Nice looking Morgan! An instructive o.p., so I will give it a bump.
     
  6. CamaroDMD

    CamaroDMD [Insert Clever Title]

    I'm sorry to hear your first 1894 was problematic for you. You really have to be careful with those key Morgan's. The new one is a beauty though! :thumb:
     
  7. Clinker

    Clinker Coin Collector

    Thanks for sharing the story and the photo of your replacement coin. You have a right to be proud of this one!

    Clinker
     
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