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<p>[QUOTE=&quot;vegasvic, post: 415796, member: 15296&quot;]If you really want to collect Morgan&#039;s buy a good book, such as the Red Book Series on Morgan Dollars.&nbsp; Get comfortable as much as possible.&nbsp; Then stop at a coin shop and talk to the owner.&nbsp; Even if you are not going to collect slabs, buy one or two first of different grades to compare.&nbsp; I would recommend the 1881S as it has a nice strike and is a common affordable coin.&nbsp; The current Greysheet lists the ask price of an MS63 at $42.00.&nbsp; This will give you an idea of what an uncirculated well struck coin looks like.&nbsp; By the way, to avoid the current controversy only buy a coin slabbed by NGC or PCGS.&nbsp; Then buy yourself a common AU 58 so you can tell the difference between the Almost Uncirculated vs. the Uncirculated coins.&nbsp; The Greysheet only has AU, not broken into different grades, but again the ask price of an 1881S in AU is only $22.&nbsp; Also buy the current 2009 version of The Red Book for around $15, the dealer will be happy to sell you one.&nbsp; You will not get Greysheet prices from the dealer.&nbsp; Expect to pay $50 for the MS63 and $30 for the AU.&nbsp; So $80 for coins, $15 for the Red Book and another $15 for the Morgan Red Book Series.&nbsp; Also a good magnifier for around $10 so you can easily see the differences in the coins.&nbsp; So I think for around $120 you are able to start learning about Morgans.&nbsp; And then the part so many people skip-READ,READ,READ.&nbsp; Go to the Library, join a coin club, join the ANA which loans books for free and become as much an expert as you can on the series.&nbsp; As you feel more comfortable buy more inexpensive coins, stay away from the big boys until you feel it&#039;s right and your comfortable putting your money down.&nbsp; It is somewhat akin to gambling the first time.&nbsp; Would you throw down $1000 on your first ever Blackjack hand?&nbsp; No, you&#039;d probably start at a $3 table until you got comfortable. So do the same with your Morgans and you should be well on your way to being a dedicated, happy collector.</p><p>Vegas Vic[/QUOTE]</p><p><br /></p>

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