How many Morgans in a bag are MS65?

jamesfsm

In an unsearched $1,000 bag of Morgans, how many are MS65 (at PCGS)?


How many exhibit rainbow toning??

jayboxx

According to my calculations, there are 7 and 1.3 respectively.

p8nt

According to my calculations, there are 11 and 4 respectively.

bestclser1

Who has an original unopened bag?

ziggy29

42.

cladking

It's highly variable. Most bags that haven't been roughly handled will have at
least 30 or 40 but it can be much higher or lower and many of the bags were
well traveled.

OffMetal

You have a bag of 79CC Morgans?!

AlfredE

According to an article by Bill Fivaz in this month's Numismatist, there are 25+ MS65 on average, with maybe 3 or so higher than 65.

fcloud

There is a chance that if the bag was moved often enough there won't be any...

librtyhead

<< <i>Who has an original unopened bag? >>

coinguy1

It would be wrong to ignore the date of the (hypothetical) bag when figuring sight-unseen percentages and odds. Certain dates are more or less likely to have a quantity of MS65's than others.

Bochiman

If you take the bag and shake it for a few minutes then put it up to your ear to listen, you should be able to hear about 30-34 MS65 coins. If you can't tell, then shake it a few more times until you hear them.

airplanenut

<< <i>It would be wrong to ignore the date of the (hypothetical) bag when figuring sight-unseen percentages and odds. Certain dates are more or less likely to have a quantity of MS65's than others. >>

Ok, Mark... how about a rarer date? Say 1881-S?

morgannut2

There were 9000 in the Battle Creek bags submitted to NGC recently. If you want to count up the percentages for gems and toned it's in the Superior auction files--I'm too lazy.

SlangNRox

<< <i>There were 9000 in the Battle Creek bags submitted to NGC recently. If you want to count up the percentages for gems and toned it's in the Superior auction files--I'm too lazy. >>



Was this a $1000 bag that had 9000 ms65 in it?

BAJJERFAN

I believe that it was 9 of the $1000 bags.

OldReading

<< <i>In an unsearched $1,000 bag of Morgans, how many are MS65 (at PCGS)?


How many exhibit rainbow toning?? >>



My guesses are 34 and 3. Thank's for the chance in this most awesome giveaway.
(I know, that joke was funny the first time I saw it here, now it's ready to be archived along with fresh meat).

smullen

I've never seen a "Mint" bag of Silver Dollars, Morgan or otherwise....

I'd love to get my hands on a few...

Are there any places that sell bags of just Dollars and maybe halves???

I've seen 90% or junk bags, but they have mostly dimes and quarters....

cladking

<< <i>I've never seen a "Mint" bag of Silver Dollars, Morgan or otherwise....

I'd love to get my hands on a few...

Are there any places that sell bags of just Dollars and maybe halves???

I've seen 90% or junk bags, but they have mostly dimes and quarters.... >>



These bags were very common in the early '60's when the mint cleaned out their vaults. Most
were Morgans but there were a few seated liberty dollars and peace dollars. Other than 1963
and 1964 you will have great difficulty finding half dollar bags. There may also be a few late date
Kennedys.

Most of the silver dollar bags have been split up over the years, but as with anything that's common,
it takes many years until they they are used up.

topstuf

How many can dance on the head of a pin?

ziggy29

Seriously, though, it depends on the date/mint as alluded to before. A theoretical original and unsearched bag of '81-S Morgans would yield far more 65s than, say, a theoretical bag of '95-O Morgans.

cladking

There's also a huge element of blind luck involved. These bags were typically filled from the output of
about 15 or 20 die pair I believe. Even in years with good quality all these die pairs could have been
bad. While variation between years and mints is most pronounced there is also a lot of variation from
one bag to the next of the same date/ mm.

RVDavis

I spoke to a dealer here yesterday, he had told me last year he was buying a bag of 1884-O. Yesterday, he said they got 776 MS 63 or better slabs, with 8 MS 66. Pretty good hit in my opinion, especially since last year I heard about the bag and wanted to get it myself. Oh well.

BAJJERFAN

I spose at NTC yu mite expect to get over 500 65's with the rest 66's and 67's.

RVDavis

Probably so, my dealer friend used NGC.

ABC123

How many are PL or DMPL ?

RVDavis

He did not give me that breakdown.

BAJJERFAN

<< <i>How many are PL or DMPL ? >>



If its the first coins off of new dies maybe all or most of them.