Finally decided on what Morgan to buy

Discussion in 'US Coins Forum' started by NorCal, Jul 21, 2021.

  1. NorCal

    NorCal Active Member

    For those of you that read my other thread, I went back to my lcs to buy either a 1889cc or a 1893s Morgan. The 93s was tempting but the price made me break out in a cold sweat. I was determined to get the 89cc. The coin ended up being too dark for my liking. This coin caught my eye. A beautiful 1893 that has a great strike and looks much better in hand than these pics. I am happy to find this problem free example. DB88ECBE-4157-4F38-A846-162346EB9C87.jpeg 4C330A39-5F52-486E-8F5E-2DDD2DC03AFE.jpeg
     
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  3. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Raw, ungraded ? What made you choose a coin like this over a TPG certified ?
     
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  4. Kentucky

    Kentucky Supporter! Supporter

    Not crazy about the rim ding at the second U in UNUM.
     
  5. NorCal

    NorCal Active Member

    It’s more of a rub than a ding
     
  6. Robert Ransom

    Robert Ransom Well-Known Member

    I agree with @Kentucky and find it distracting. Otherwise, I think it is a beautiful coin. Just a point of preference. Normal coin orientation always looks better.
     
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  7. Robert Ransom

    Robert Ransom Well-Known Member

    Looks like a ding to me.
     
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  8. SensibleSal66

    SensibleSal66 Casual Collector / error Specialist "in Training "

    I actually had to look at it twice before seeing the Ding . Other, Very nice Coin !
     
    Matthew Kruse likes this.
  9. NorCal

    NorCal Active Member

    Thank you, what’s matters is that I am happy with it.
     
  10. Robert Ransom

    Robert Ransom Well-Known Member

    That is the only thing that matters. Good luck to you. :)
     
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  11. NorCal

    NorCal Active Member

    Well when it comes down to dropping that kind of cash, I still get cold feet. This is a compromise that I can live with.
     
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  12. thomas mozzillo

    thomas mozzillo Well-Known Member

    Nice looking coin. Very glad you're happy with it. :)
     
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  13. Treashunt

    Treashunt The Other Frank


    yup, agreed
     
  14. C-B-D

    C-B-D Well-Known Member

    Nice coin. Better date and higher grade.
     
  15. johnmilton

    johnmilton Well-Known Member

    The price would have to be attractive for me to buy a coin like this raw. As a dealer, I would have done it, if I was sure it was real, and the price left me room for a "grading company surprise." A couple of grading points can cost you thousands on a coin like this.

    I sold the best one I ever had for about $18,000 if memory serves. It was a very Choice AU in an NGC holder, which would not have shamed an otherwise Mint State Morgan Dollar set.

    Woops!

    I was think of the 1893-S dollar, but the 1893-P is pricey enough.
     
    Last edited: Jul 22, 2021
  16. Collecting Nut

    Collecting Nut Borderline Hoarder

    Nice looking coin and I’m glad you are happy with it because that’s all that matters. The only thing I noticed was it’s missing it’s S mint mark. Grease filled die perhaps? Lol
     
    ksparrow likes this.
  17. John Burgess

    John Burgess Well-Known Member

    Interesting, you went for either a 1889cc or a 1893s Morgan, came back with a 1893 P morgan and said screw it to either of them. LOL
     
  18. NorCal

    NorCal Active Member

    The 93s was a f12 pcgs graded. When you have the cash to buy it in your hand, you have second thoughts. This is still a decent chunk of change but I walked out with cash in my pocket.
     
  19. NorCal

    NorCal Active Member

    If I was paying with a card I most likely would have bought one. Cash allows you to think about it. I looked at a 76cc trade dollar that was AU for sure but there was two scratches on the back. Small but there and it was possible to get back a AU details. Too big of a chance for me.
     
  20. johnmilton

    johnmilton Well-Known Member

    The trouble with marks that you see right away is that they tend to stick in your mind. Every time you see the coin, you remember them. That takes away part of the fun for me, which why I usually pass on such pieces.
     
  21. Treashunt

    Treashunt The Other Frank

    You have to ask:

    "Can I live with it?"

    If yes, then buy it.

    I usually pass
     
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