Hey Morgan people! I want to buy my Dad one for christmas but I don't know about these coins. Coul

TheLiberator

Hi guys. Here is the deal: my dad really likes morgans but I don't know too much about them other than being able to name some of the more common ones. I want to spend in the range of 300-500 on this coin and I would like it to be something he would really like (I just sold off a bunch of his common dates in ms-63 for him on ebay. His tastes have changed and he really likes to buy the best he can afford now.) My quesiton is, what are some better date Morgans in mid grades that woud fit my price range or maybe some more common dates in GEM that would work? I know this is an EXTREMELY popular series and I figured I would try to get some info from you guys who know best. I also want a coin that you feel is fairly priced for the grade and rarity. I just sent in a few of his common coins to be graded by NGC and they came back 65 when he bought them as 63 so he was really happy about that. I checked out some mid grade key dates on ebay and the prices realized were WAY above what the price guides said they should be so I guess full keys are out for now. (Maybe semi-keys or better dates?) At any rate, I hope I have given you enough info to make some suggestions for me!

ANY help would be appreciated!
thanks in advance!!!!

kryptonitecomics

I'd buy a Certified CC Morgan for that kind of money, or maybe one of the 80's "S" mints (1884-1889) in a lower Uncuirculated grade(MS61-MS63). I know you can get the 1882-1884-CC Morgans in MS65 for the kind of money you are talking

Louis

One of the common date CCs would probably fit your price range in MS65.

TommyType

What they said......

I was going to suggest the same. There's just something "special" about the CC mintmark, and they always seem to be in demand.

stman

I'd recommend a nice GSA CC Morgan. They are cool, original and a piece of history. The heck with what the grading services say just find a nice clean one. They're easy enough to grade yourself. Yeah, I know NGC grades them in the holder but IMO it takes away from the piece.

TheLiberator

Thanks guys! Very helpful! Uhhh...I hate to sound ignorant, but what is a "GSA" morgan?

Newmismatist

Tough to answer not knowing what you dad has. But here's a few thoughts:

Best condition you're going to be able to afford in you price range is a "common" date in MS66 - Both PCGS & NGC graded MS66s will range in price from about $325 to $400 depending on whether it just makes the grade or whether its PQ for the grade. The nicest looking dates in MS66 will generally be the 1879-1882 S mints - they are sharply struck, many are PL or semi-PL and they are readily available.

If you want a better date coin in your price range, you'd have to concentrate on MS64s in some of the O mints or the slightly scarcer S mints. Many of these dates have significant price jumps to the next grade up. Examples are 1878-CC, 1879-O, 1885-S, 1886-S, 1887-S, 1887-O, 1889-S, 1890-S, 1890-O, 1891-S, 1891-O.

There's also the thought of one of the GSA CC dollars still in the Original GSA holders - NGC has graded a number of these still in the GSA Holders, and you could get 1 of the common dates (1882-CC, 1883-CC, or 1884-CC) graded MS65 within your price range.

Or, if you father likes nicely toned coins, you can even find some of the common dates with some pleasent toning in MS65 or even MS66 slabs for between $300 and $600, some being very eye-appealing coins with wonderful Rainbow colors. This would be my personal choice because, after all, the white Morgans "all look the same", while some of the toned ones have a certain "character" to them that tells you that the coin is something special - JMHO

BAJJERFAN

Any idea of what he already has?

Newmismatist

<< <i>Thanks guys! Very helpful! Uhhh...I hate to sound ignorant, but what is a "GSA" morgan? >>



"The General Services Administration [hence the initials "GSA" and it's an administrative branch of the US government] was responsible for sorting and marketing the U.S. Treasury's hoard of silver dollars, after the Treasury ceased releasing Silver dollar coins in 1964. In a series of sales lasting from 1973 to 1980, this hoard of several million silver dollars, mostly Morgan dollars minted at the Carson City Mint, was dispersed via auction and fixed prices. Sealed in rigid plastic holders and boxed with a message from then President Richard M. Nixon, these silver coins account for most of the Mint State Carson City Mint Morgan dollars known today."

I hope this helps

morgannut2

As a Morgan guy I am astonished I agree with everyone here. You need to know what date CC Morgans he has. My pick, because you don't know Morgans, is to buy a U.S. GSA big black plastic Morgan CC with the packaging. The reason is this protects you from any messed up coins that aren't origional. I would be OK with a NGC certified (they wrap a sticker around the original plastic case) 1881 through 1885 CC in MS 64 or MS 65. If he's missing a 82/3/4 you might look for a "PL' where the fields are more mirror like. They're very pretty in 65. David Lawrence Rare Coins on the computer usually has a selection, as do many dealer links here on the forum. Stay away from ebay (non-forum dealers). The reason I'd pay a little more for the PL (proof like) is you dad will know they are harder to find in addition to having a nice frosty Liberty Picture on the front. If your whole family wants to join $, also look up the coins on Legendcoin.com for a pretty commoner date too.

TheLiberator

OK! I found out what he has: He has an 1882 cc in NGC 65 and an 1883 CC GSA with box and certificate that I think is at least a 64 if not a 65. I think I am probabaly gonna get him an 1884 CC in 65. They seem to be readily available and fairly reasonable. He likes the CC's!

Well, thank you all for your info! You have all helped me a great deal and I really appreciate it!