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<p>[QUOTE="rld14, post: 487292, member: 16133"]Glad I can help!</p><p><br /></p><p>OK, get the list together, write down what you have, type it here.</p><p><br /></p><p>Then what we're going to do is get you identifying what you have. Remember, there's about 91 different Morgans if you wanted to put a collection of business strikes together (Business strike is a coin that was meant to be spent, not a proof). I say about because some people will collect the odd variety, if you want to get into die varieties, god, there must be up to a thousand different coins.</p><p><br /></p><p>But we're not going there just yet.</p><p><br /></p><p>Like any series really, most Morgans are not especially valuable or rare, the Government minted about half a billion of them, and I'd say that at least 200 Million survuve today and I would estimate that there's probably close to 50% of that amount in uncirculated condition. Even though they are old, most surviving Morgan dollars actually entered the collector market in the 60s and 70s, in some cases as many as 85% of the mintages of certain dates were never released into circulation, only being sold off in relatively modern times after sitting in the basement of the US treasury for perhaps as long as 90-100 years.</p><p><br /></p><p>However, there are key dates which can be quite valuable.</p><p><br /></p><p>As a general rule, the Morgans you want to keep something of an eye for are going to be anything with a "CC" Mint Mark, 1888S, 1892S, 1893S (This is called the King of Morgans and very valuable), any 1895, 1896-O or 1896-S, 1899, 1901S, 1902S, 1903-O and 1903S, 1904S.</p><p><br /></p><p>Those are the valuable ones, and some are cheap in circulated condition but quite valuable in uncirculated condition, those would be the few dates that weren't in the treasury hoards, so they were spent and used in commerce, and since $1 was a ton of money in the late 1800s, nobody saved mint condition coins. Some of these are dates that are $20 at a coin show in F or VF, and $2,000 in MS62. The 1883S and 1884S are good examples of this, common priced in circulated, worth $25 and $30 in circulated shape, and the 83S is worth something like $20k in MS65 and I think the 84S is a 6 figure coin in MS65.</p><p><br /></p><p>I'm sure I missed a bunch, but let's get an idea of what you have first, and we'll go from there.</p><p><br /></p><p>If you want a good basic and inexpensive book, buy "The official RED BOOK" Brand's "A Guide Book of Morgan Silver Dollars, a complete history and price guide" written by Q. David Bowers. It's softcover, lists for $19.95 and there's almost guaranteed to be a copy at your local coin shop or Barnes and Noble that you can buy tonight. You want the third edition and there's a 1904-O on the cover.[/QUOTE]</p><p><br /></p>
[QUOTE="rld14, post: 487292, member: 16133"]Glad I can help! OK, get the list together, write down what you have, type it here. Then what we're going to do is get you identifying what you have. Remember, there's about 91 different Morgans if you wanted to put a collection of business strikes together (Business strike is a coin that was meant to be spent, not a proof). I say about because some people will collect the odd variety, if you want to get into die varieties, god, there must be up to a thousand different coins. But we're not going there just yet. Like any series really, most Morgans are not especially valuable or rare, the Government minted about half a billion of them, and I'd say that at least 200 Million survuve today and I would estimate that there's probably close to 50% of that amount in uncirculated condition. Even though they are old, most surviving Morgan dollars actually entered the collector market in the 60s and 70s, in some cases as many as 85% of the mintages of certain dates were never released into circulation, only being sold off in relatively modern times after sitting in the basement of the US treasury for perhaps as long as 90-100 years. However, there are key dates which can be quite valuable. As a general rule, the Morgans you want to keep something of an eye for are going to be anything with a "CC" Mint Mark, 1888S, 1892S, 1893S (This is called the King of Morgans and very valuable), any 1895, 1896-O or 1896-S, 1899, 1901S, 1902S, 1903-O and 1903S, 1904S. Those are the valuable ones, and some are cheap in circulated condition but quite valuable in uncirculated condition, those would be the few dates that weren't in the treasury hoards, so they were spent and used in commerce, and since $1 was a ton of money in the late 1800s, nobody saved mint condition coins. Some of these are dates that are $20 at a coin show in F or VF, and $2,000 in MS62. The 1883S and 1884S are good examples of this, common priced in circulated, worth $25 and $30 in circulated shape, and the 83S is worth something like $20k in MS65 and I think the 84S is a 6 figure coin in MS65. I'm sure I missed a bunch, but let's get an idea of what you have first, and we'll go from there. If you want a good basic and inexpensive book, buy "The official RED BOOK" Brand's "A Guide Book of Morgan Silver Dollars, a complete history and price guide" written by Q. David Bowers. It's softcover, lists for $19.95 and there's almost guaranteed to be a copy at your local coin shop or Barnes and Noble that you can buy tonight. You want the third edition and there's a 1904-O on the cover.[/QUOTE]
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