I got humbled last night...

paigowjohnny

Local coin club meeting....I had done a few show and tells on Morgans before. This guy brings in one of his Danscos of raw Morgans. Some absolutely STUNNING dollars...several DMPLs...not a problem in the bunch...I wanted to cry, put my tail between my legs, and crawl back under the porch.

Not a slab in sight (and he said none of them were crackouts)...dorkkarl would have given his seal of approval. Goes to show that if you know what you're doing, you work/look hard enough...and have the bank roll...some real raw winners are still out there.

Steve27

Do you have any idea as to how long it took him to put the set together?

FC57Coins

And you didn't take any pics??? I bet they were stunners! - Better stick to your closet Franklin collection - I just KNOW you have some!

paigowjohnny

<< <i>Do you have any idea as to how long it took him to put the set together? >>



He said about a year and a half. A couple of very expensive trips to the Long Beach show filled a big chunk of it...

paigowjohnny

<< <i>Better stick to your closet Franklin collection - I just KNOW you have some! >>



I'm afraid to admit that, yes, I do have a frankie. It's on my desk here at work as part of a 59 proof set....the year I was minted.

dorkkarl

superb thread

the sad, sad fact is that a lot of folks who can only see plastic will never, ever know what a beatifully assembled collection in a dansco (or better yet, a coin cabinet) looks like. re: the thread shiro had up some time back that showed the coins in the wooden display box.

they're really missing out

K S

MadMonk

To me, a well put together type set, in a safe alblum, is the ultimate presentation. I have numerous coins in an alblum, but I have a lot of slabs, some fairly pricey,and since they are graded, and I agree with the grade, there they will stay. This is prudent if my wife ever had to deal with the collection on her own.

originalisbest

I would agree dorkkarl, except that in the interests of protecting myself now and again from extreme problems (i.e., say a counterfeit gold piece when all I want is a nice example for a type gold set) I find the slabs to be good ways to guarantee that I am PROBABLY (since no one's 100% perfect) getting a real-deal coin. After all, the coin is a coin is a coin; if you are so inclined you can crack it out - I've done it with a very nice AU Spiked Chin 1804 half cent, and a sweet borderline 65 1885-S Morgan, which is a bit of an unusual anomaly as the obverse is very clean but the reverse has just one-too-many marks to make 65. S'alright, I got a very nice piece at slightly below a 64 price (been about 6 years now I've had it.)

EVillageProwler

I've often considered putting my coins into a custom display case, but the storage (and security) issue becomes too great a concern. If I lived in a perfect world, I'd crack out my various Bust and Seated beauties and stick into an "old-time" cabinet with small holes for the coins and smooth velvet lining. Below each hole would be a slot for a brief description, like "LgDt-SmLtr BB-65, ex Brook". I'd want the cabinet to be made from solid wood -- cherry? It would have to be lockable, and resemble a regular clothes drawer...

EVP

ccr

Whoa, I wish I had a look at that. Sounds like a really exciting set.

Blade

Funny, exact same thing happened to me last night at my coin club here in Austin Texas. A lifelong collector (approx 80 yrs old) brought in his completed Dansco of US Type coins. There aren't slots from some like the high relief gold coins or Gobrecht dollar, but all the holes were filled. It's amazing to see that early copper in VF-AU. Wow.

BillJones

There’s one point that some Morgan Dollar enthusiasts miss. They are basically very common coins. Even the top dates like 1895 (considered common among Proof coin collectors, but expensive because of demand) and the 1893-S are not major rarities except in the very high grades of condition. Having said that, one should never think that they are at the tip-top of the Morgan Dollar pecking order, unless you have set of MS-68s There is always the potential for an attractive collection of Morgans to come out of the woodwork from an unexpected source.

originalisbest

Yes, but there's always a fine balance between absolute rarity and popularity. For certain a nice given piece of which 2 are known is far rarer than any Morgan, but it ain't worth squat if there's maybe 1 person out there who really wants it bad. Many rarities in coins are fairly obscure and this may lead one to think that "there's no way it won't increase in value" - which is true, it may - or, it may continue in relative obscurity.

baccaruda

dorkkarl -

i agree. all my best go in Danscos now and the presentation is MUCH nicer. from now on i either buy raw or crack out if i'm concerned about buying it slabbed for authenticity.

i can understand how the big boys wouldn't want to be hammering out a $20,000 coin and smashing it into an album with their thumb, but for the "more reasonably priced" stuff Danscos are the way to go.

braddick

The flavor of the 'good ol' days' can still be conquered, as demonstrated by this Morgan collector. For those of us weak at heart (man, I'd have a tough tough cracking that MS66 Rainbow toned $ and placing it into a Dansco!) there are still series like Jeffersons that allow the fun to continue.
High grade lusterous, fully struck coins may be obtained at a cost that allows the enjoyment of albums and also makes for a killer display.

No heart medication needed.