A few morgans.

Discussion in 'What's it Worth' started by Chad, Oct 16, 2004.

  1. Chad

    Chad New Member

    I have a few morgans i would like your opinion on ... what do you think the following would grade as / be worth. Thank you in advance. :)

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  3. National dealer

    National dealer New Member

    Welcome to the forum. First I will try to give you a rough idea of the values for each coin. Let me stress that this is a rough idea based solely on pictures. The coins would certainly have to be seen by any potential buyer to have a firm value. Pictures cannot accurately capture a coin the same way as viewing it. What could be circulation lines in a picture could be simply luster breaks in person. It is also hard to determine light cleanings in a photo. So keep in mind that this is only a rough estimate and should not be used as a basis for considering the items for sale.


    1880-O Looks like a high AU coin. Could be weakly struck unc coin. Kind of hard to tell with the pic. If the coin is Unc the value would be $45

    1885-CC Again the coin appears to be Unc, but hard to tell if the breaks in the luster are just that, or if the coin has a rub. If unc, the coin would be valued at better than $400.


    The 1921-S Morgan is a strong XF coin. The color is a little flat, but again this could just be the pic. For the grade, the coin would value near $9
     
  4. Chad

    Chad New Member

    Thank you ND. These pictures dont do the coins justice. Anyone else have a say ?
     
  5. Ed Zak

    Ed Zak New Member

    Agree with ND...

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    Hope these help a little...I like the 1885 CC! A MS64 is around $750 where as a MS60 falls to around $525. With only 228,000 minted, that is a nice one if it wasn't dipped or cleaned.

    On the flip side, 21,695,00 1921-S were minted and even in XF condition, you are looking at a $10-12 coin. It was the last year for Morgans and they made a bunch!
     
  6. susanlynn9

    susanlynn9 New Member

    Is the 1885-CC in a GSA holder? It looks like it is in the picture. If it is, judging by sale prices on eBay, it is worth considerably more than the Red Book value for a raw coin.
     
  7. ziggy29

    ziggy29 Senior Member

    I'll chime in with the others. If that '85-CC is full mint state, it's a good one. The others aren't worth all that much.

    And Susan's right if this is in a GSA holder. Not only would it be unquestionably mint state, but CC Morgans in original GSA holders are quite hot right now.
     
  8. National dealer

    National dealer New Member

    Hold on a moment Ziggy. The GSA holders don't guarantee MS condition. It only guarantees that the coin came from the GSA.
     
  9. susanlynn9

    susanlynn9 New Member

    I don't think I've ever seen one of them that wasn't MS. Have you?
     
  10. GDJMSP

    GDJMSP Numismatist Moderator

    Nd is correct folks - not all coins in GSA holders are Unc. The coins for the GSA sales- in the black & clear holders - came in two different types. Type one says Uncirculated Silver Dollar - Type two just says Silver Dollar.

    Now you would think that would be the end of the story - but it isn't. For the folks who boxed up the GSA coins did not know squat about coins or how to tell uncirculated from circulated - they were ordinary govt. employees. As a result you can find Unc coins the type 2 holders and circulated coins in the type one. Just like with slabbed coins - the holder does not make the coin.

    There were also other types of GSA packages known as soft packs. They usually came in a blue envelope with the coin locked inside a pliofilm sleeve - very similar to Mint sets. These coins were supposedly all circulated as well - only not all of them were.

    And yes - I have seen many of each type. I collected GSA coins for many years.
     
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