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<p>[QUOTE="Morgandude11, post: 2083538, member: 37839"]Morgans are one of the most popular series to collect, since the 1950s. Certain types of Morgans have become subsets of the overall series, since few people have the funds to collect the entire series. A few dates are absolutely prohibitive--a really nice 1893s was always expensive, relative to its counterparts, and has gone up considerably. Same goes for 1889cc, and most of the CC dollars--they command premiums. The GSA CCs have become collectible on their own, despite high survival rates and high populations. Conditional rarities, such as the 1884s in MS condition are insanely expensive, and have always been so.</p><p><br /></p><p>Anything from 1893-1895 is beyond the reach of most collectors. So, this trend has shown itself across the entire series--common dates that are attractive, and high grade have gone up significantly. As was previously said, this is the marketplace at work--high demand, and not endless supply (even at high mintages, the survival rate is nothing like most modern coins--a MS 68 Morgan is a rarity comparatively with ANY date, compared to modern coinage). Common dates can be had reasonably in MS condition, that are attractive, authentic, and certified. MS 63-65 of the 1880, 1881, 1883 S mint, and the common "O" mint dates can be had for the same price as many nice modern coins that exist plentifully.</p><p><br /></p><p>So, it is a combination of the marketplace, demand, and the charm of the Old West, that has made Morgans more expensive. The high grade ones are especially so, and will probably continue to appreciate substantially in price. PL Morgans and particularly DMPL Morgans have gone out of sight on price, when it comes to any gem grade. Knowing Morgans as I have for many years, I don't see this trend changing, and the "jump one grade" can often bring in major financial benefits, so the crack out game is alive and well with Morgans--probably more so than any other coin.[/QUOTE]</p><p><br /></p>
[QUOTE="Morgandude11, post: 2083538, member: 37839"]Morgans are one of the most popular series to collect, since the 1950s. Certain types of Morgans have become subsets of the overall series, since few people have the funds to collect the entire series. A few dates are absolutely prohibitive--a really nice 1893s was always expensive, relative to its counterparts, and has gone up considerably. Same goes for 1889cc, and most of the CC dollars--they command premiums. The GSA CCs have become collectible on their own, despite high survival rates and high populations. Conditional rarities, such as the 1884s in MS condition are insanely expensive, and have always been so. Anything from 1893-1895 is beyond the reach of most collectors. So, this trend has shown itself across the entire series--common dates that are attractive, and high grade have gone up significantly. As was previously said, this is the marketplace at work--high demand, and not endless supply (even at high mintages, the survival rate is nothing like most modern coins--a MS 68 Morgan is a rarity comparatively with ANY date, compared to modern coinage). Common dates can be had reasonably in MS condition, that are attractive, authentic, and certified. MS 63-65 of the 1880, 1881, 1883 S mint, and the common "O" mint dates can be had for the same price as many nice modern coins that exist plentifully. So, it is a combination of the marketplace, demand, and the charm of the Old West, that has made Morgans more expensive. The high grade ones are especially so, and will probably continue to appreciate substantially in price. PL Morgans and particularly DMPL Morgans have gone out of sight on price, when it comes to any gem grade. Knowing Morgans as I have for many years, I don't see this trend changing, and the "jump one grade" can often bring in major financial benefits, so the crack out game is alive and well with Morgans--probably more so than any other coin.[/QUOTE]
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