Pretty amazing collection of Morgans should start to appear shortly **UPDATE: an example
Weiss
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Tom is a local old school collector, who has the best eye I've ever seen in my 40+ years of collecting. Several months back, I offered Tom's Law of Numismatics--one of the guides he used to build his extensive collection. It's essentially this: If you've been a collector in a series for a long period of time, and you come across something you've never seen before that interests you...buy it. Because you likely won't see it for at least that length of time again.
Tom has been building his collection of Morgans for decades. I believe it was complete. He hunted ruthlessly but would never, ever buy a coin unless is was absolutely perfect for what he was after. That usually meant completely original, high grade, stunning eye-appeal. He was drawn to older holders, and liked DMPLs. In one case he looked through thousands of coins and spent over 12 years just to find one specific date and mm.
He recently found love after a tragedy and is heading overseas soon. So he's unloading the vast majority of his collection, including his collection of Morgans.
So if you start to see premium pieces, many DMPLs, in slabs at least OGH or earlier (and some recent CACs), you can thank Tom.
Wish I had pictures. Even this Morgan hater has been floored by some of his pieces!
--Severian the Lame
Comments
Cool information ! Gotta love high grade Morgan’s
I would expect we will be seeing some amazing Morgans shortly... and coins that have been off the market for years. @Weiss...Will they be sold privately or an auction house? Cheers, RickO
One of the local B&Ms has negotiated a sale. It's my understanding a few of the most valuable pieces have already been wholesaled to bigger dealers. A fair number are being shipped to CAC in the near future, and then it's a little uncertain how they'll be sold.
--Severian the Lame
Cool. Sounds like a pile of stuff I can't afford.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
I got to look through another 30 pieces of Tom's collection today. Nearly all OGH or earlier, nearly all DMPL.
I'm partial to fatty slabs, so I cracked the wallet open and snagged this--a low end piece compared to many.
And I got to spend an hour looking over a small handful of beautifully matched, ultra premium for the grade OGH draped bust dollars. That didn't cost me a dime, other than seeing my dealer put back the gorgeous bullseye toned 1802/1 for himself
--Severian the Lame
Pretty coins