I'm with the semi-key date. they seem to do the best, almost never go down. something like a 90-91cc and another coin or one i like 1894s in MS63. maybe 2 coins in the $500 range. stay near the MS63 grade that's where the biggest market share is.
This week I bought the fifth CC Morgan MS65 and I am convinced That I also maintain the investment value - See this one: http://lsrarecoins.com/coindetail.aspx?coid=3350 [TABLE="class: cdCoinDataTable"] [TD="class: cdCaptionCell, width: 30%"]Year:[/TD] [TD="class: cdFieldCell"]1880-CC[/TD] [TD="class: cdCaptionCell"]Denomination:[/TD] [TD="class: cdFieldCell"]S$1 Morgan Dollar[/TD] [TD="class: cdCaptionCell"]Grade:[/TD] [TD="class: cdFieldCell"]PCGS MS 65[/TD] [TD="class: cdEmptyCell"] [/TD] [TD="class: cdEmptyCell"] [/TD] [TD="class: cdCaptionCell"]Mintage:[/TD] [TD="class: cdFieldCell"]591,000[/TD] [TD="class: cdCaptionCell"]PCGS Population:[/TD] [TD="class: cdFieldCell"]2,295[/TD] [TD="class: cdCaptionCell"]PCGS Population Higher:[/TD] [TD="class: cdFieldCell"]690[/TD] [TD="class: cdEmptyCell"] [/TD] [TD="class: cdEmptyCell"] [/TD] [TD="class: cdCaptionCell"]Price:[/TD] [TD="class: cdFieldCell"]$1,065[/TD] [/TABLE]
If you are looking for a better return look for a sleeper date of DMPL or PL. Common 67's are just to common, look for something where you can find lower pops. There are some trickier dates that would be fun to get.
Like an 1888-S in 63DMPL, problem is none that year are impressive. Maybe a 1884 in 64DMPL. A 79-O in 63DMPL. There are dates I would run from like the 1881-O.
Not so sure how easy it'd be to sell a PL or DPL if the need arose. And as for the 1881 O..... Got it already. Not slabbed, but nicer than most. I just wanna keep it in my dansco date set album.
Well, thanks for all of your ideas. Had my eye on a few different coins and decided to make this one mine. I appreciate your help!
Nice pickup, I just picked up a NGC64 a few weeks ago. Unfortunately mine didn't get the star designation.
When they eliminate cash in favor of electronic transfers, all coins and currency will probably have a short term spike followed by long term decline as the idea of collecting coins and currency becomes foreign to most kids. How much demand is there for 17th century oil lamps?
Unfortunately I think you're correct. If cash transactions and coins are eliminated, new collectors will decline, along with the hobby (and prices). It'll be like so many other collectibles that had their period of peak interest and prices, and then a decline of both. No idea on the oil lamps LOL!
Got her today. Here's some better photos: Photobucket keeps messing up my photos so if they don't work I'll post them tomorrow.
I'm a fan of circulated Morgans. For $1000 you could get a key or semi key date in VF. Here's an 89CC, "king of the Carson City Morgans," you could find one like this for well under $1000. Probably more like $700-800ish because this one has been abused. For $1000 you could probably find solid example in F-VF. You'd have a key date CC Morgan aroud which to build the rest of your CC Morgan collection. Here's a slabbed NGC F-15 89CC, CAC no less. Offer him a grand, bet he takes it. http://www.ebay.com/itm/1889-CC-NGC-F15-CAC-Key-Date-Morgan-3414629-017-/330715025898?pt=Coins_US_Individual&hash=item4d0026d1ea
I already have these Carson City Morgans: 1878 ms, 1879 vg, 1882 VF, 1889 g-vg, 1890 VF, 2x1891 AU, 1892 ngc ms63. But thanks for the suggestion!