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<p>[QUOTE=&quot;ozland tiger, post: 324285, member: 3168&quot;]Collecting coins should be fun and entertaining. If you are worrying about paying too much and not getting what you thought you were getting, I would buy PCGS graded Morgan dollars. My reasoning: (1)&nbsp; Like or not PCGS is considered one of the top two third party grading services. NGC is the other. However, PCGS graded coins tend to command higher premiums for the same coin over NGC.&nbsp; (2) Guaranteed authenticity. Morgans tend to be graded fairly, although I would strongly suggest learning to grade Morgan dollars yourself, especially to coins that have been &#039;whizzed&#039;, cleaned or artificially toned.</p><p>(3) As for grade, It depends on what your budget allows and how well the coin pleases you. After all, you are the final arbiter of what you like or do not like. (4) Morgan dollars provide a wide range of diversity, with many varities that offer a collector an opportunity to sometimes cherry pick a coin worth more than most dealers realize. Knowledge of the coins themselves is paramount. (5) If you don&#039;t have a red book, purchase one. (6) Purchase reference materials that pertain to your collecting habit. In Your case, Leroy Van Allen&#039;s excellent book, Encyclopedia of Morgan and Peace dollars would be useful. Another&nbsp; is a book by Michael S. Fey and Jeff Oxman, The top 100 Morgan dollar varieties: The Vam keys.[/QUOTE]</p><p><br /></p>

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