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*POLL* Why do you collect Morgans? UPDATED questions
N8
Posts: 505
Maybe you can help me understand, because I just don't get it? I have a couple but there is no real interest in getting more...
First get the knowledge, then the coins.
0
Comments
2. They have a very unique history, especially the CC Mint ones.
TorinoCobra71
Will’sProoflikes
<< <i>varities, varieties, varieties. Where else do you have an alligator eye and crazy lips? >>
or a Donkey tail or stick feather????
<< <i>Other: I really don't collect them. >>
<< <i>
<< <i>Other: I really don't collect them. >>
<< <i>Maybe you can help me understand, because I just don't get it? I have a couple but there is no real interest in getting more... >>
For the most part I would agree accept for some really nice toned ones that I have. I have no interest in the bulk of the blast white or badly toned Morgans. The abundance of Morgans with light marks in focal areas does not help.
<< <i>
<< <i>varities, varieties, varieties. Where else do you have an alligator eye and crazy lips? >>
or a Donkey tail or stick feather???? >>
OR a Jaw Cootie......
Too many positive BST transactions with too many members to list.
A Morgan was the coin that started my interest in collecting.
My Grandfather gave me one and I have been hooked on coins ever since.
That was 42 years ago.
I figured that some might enjoy the challenge of collecting all of the different varieties, but that leads me to another question. Don't the many different types of varieties come from the trillions of Morgan collectors searching hour after hour for the slightest differences between coins? Wouldn't the same happen to some other series if they had a big enough fan base? Just curious!
I love the Morgan but then again I just might be a little
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etexmike
Look at the halves and quarters from 1878-1921 -- How many of those can you get a nice MS63 example for under $50? NONE!!! ZILCH!!
But with Morgans, there are dozens. It's a BONANZA for collectors!!
I started there, and I still love them!!
Rex
<< <i>Other: I dont collect them but I have been having the urge to buy a frosty DMPL one. >>
Yep, other than my semi-key XF/AU coin I need to pick up... I only desire one FROSTY and deeply TONED DMPL dollar.
Hell, I don't need to exercise.....I get enough just pushing my luck.
Way too many out there
only have one for my type set
Jim
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
2. Beautiful in higher grades
3. Big coin
4. Long and challenging set
5. No impossible rarities
6. Lots of coins to choose from
7. MANY varieties to be found
8. Most popular of all coin series
<< <i>1. Great history
2. Beautiful in higher grades
3. Big coin
4. Long and challenging set
5. No impossible rarities
6. Lots of coins to choose from
7. MANY varieties to be found
8. Most popular of all coin series >>
AND I would add:
Displays the largest variety of toning
I have always thought they were just cool for about 55 years now, not to say I don't have other favorites - but Morgans have always been right up there.
Pete
Louis Armstrong
<< <i>1. Great history
2. Beautiful in higher grades
3. Big coin
4. Long and challenging set
5. No impossible rarities
6. Lots of coins to choose from
7. MANY varieties to be found
8. Most popular of all coin series >>
1. (poll's 4th answer)
2. (poll's 1st answer)
3. (poll's 8th answer)
4. (poll's 3rd answer)
5. 1889-CC? 1893-S?
6. Where's the challenge?
7. (see my first reply)
8. (poll's 5th answer)
--I should have included an "All of the above." answer!!
Personally I think the reverse does not compare to the WLH or Peace Dollar, but like I have read multiple times today, "to each his own"
60 years into this hobby and I'm still working on my Lincoln set!
Not really as an investment, but as others join the party prices go up, & they are a lot easier to sell when/if the time comes.
<< <i>1. I like the design
2. They have a very unique history, especially the CC Mint ones. >>
BINGO!!! Hence my username. I really love when I'm watching an old western and the guys are playing poker in the saloon and they show them tossing Morgans on the poker table to bet with.
They are a great long terminvestment.
I enjoy a challenge.
I have sentimental reasons.
If you have to ask, you will never understand...
Other (of which I will explain below)
My slabbed collection started as all U.S. metal dollars, though I have expanded into Walking Liberty Halfs now also
I love the feel of holding a big silver coin.
You probably can't understand any of that, but I didn't buy my collection for you to like.
(1) They (and SGDEs) are a lot like NCLTs with the very important distinction that they were not minted expressly for collectors. Also noteworthy was the general disregard for uniform production quality and handling.
(2) As a series, they are matchless in the number of ways they can be collected. One could make a case for seated coins certainly, but the series are often too long and most fun approaches have far thinner comraderieship. One could assemble a very interesting set of obverse and reverse design types and then, if interest builds, expand it like one might do in a general US type set.
(3) With all of the different approaches, many pose challenges but most are completable but just need to be selected based on individual budgets. Aa an example, anybody can do a circulated grading set of a common date -- which is indeed a useful and interesting thing.
(4) VAMs are fun, can be extremely challenging, engage a great number of fellow collectors, and can be done very cheaply, cherrypicking <$15 circulated coins everywhere for many dates. It too is educational.
(5) A date set is reasonable. A date and mintmark set is a challenge but doable for many people over a number of years. There really are no extreme rarities among the keys of the series. Some dates that are regarded as keys would draw yawns for their pops in other series. Yes, if every collector has 1893-S on their want list and kept it tightly in their sets when acquired, things would be different.
(6) There are also extreme challenges in the Morgan series. Try committing yourself (as I and a couple others in this thread have done) to the task of building a complete prooflike set. It is an insanely expensive undertaking, with a number of stoppers that seriously impede the progress. Only a few complete sets are even theoretically possible (for a coin that is generally thought of as ubiquitously common otherwise) and I cannot recall ever seeing one that is truly complete and certainly never one brought to market.
(7) The "big coin" thing is important to some of us with declining eyesight. I have loved varieties and have collected them in several series. Morgan dollars remain as the best because of the size. Some critics do point out that the distinctions of some VAMs are practically microscopic. That can be true, but is usually not the case on the premium bearing and popular ones. Now, some of those DDR Peace dollars are maddening though.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
<< <i>(6) There are also extreme challenges in the Morgan series. Try committing yourself (as I and a couple others in this thread have done) to the task of building a complete prooflike set. It is an insanely expensive undertaking, with a number of stoppers that seriously impede the progress. Only a few complete sets are even theoretically possible (for a coin that is generally thought of as ubiquitously common otherwise) and I cannot recall ever seeing one that is truly complete and certainly never one brought to market. >>
Putting together a set of PL Morgans takes time and deep pockets, since the population on these coins can be very low. The look of a true DMPL Morgan with frosted devices is the ultimate collector coin for me.
Then I'm gonna bury it in the back yard for a few years to get me some of that thar NT
<< <i>"Other" Attempting to put together a $1,000 bag of XF Morgans dated 1878-1899..
Then I'm gonna bury it in the back yard for a few years to get some NT
Now wait a second, wouldn't that be AT?? -JUST KIDDING! Lord knows how tired I am of "AT vs NT" threads and comments...
That seriously does sound like a neat idea, if you're serious.
<< <i>"Other" Attempting to put together a $1,000 bag of XF Morgans dated 1878-1899..
Then I'm gonna bury it in the back yard for a few years to get some NT
Perhaps opt for AU58 sliders and hope the toning helps them slide up. I think you also need pretty good surfaces (some degree of natural surface reflectivity) to get a stunning toner and that is lost with wear. Afterall, toning is just thin flim interference and that does require reflection from the film top surface and the coin's metal surface. Wear will scatter more than cleanly reflect.
NSDR - Life Member
SSDC - Life Member
ANA - Pay As I Go Member
<< <i>You left out the option "Because the voices tell me to"
No I didn't... its answer 5!
<< <i>You probably can't understand any of that, but I didn't buy my collection for you to like. >>
Same must be true for that 02 monte carlo...
I enjoy the challenge of finding really nice, rim toned AU-MS Morgans.
"Bongo hurtles along the rain soaked highway of life on underinflated bald retread tires."
~Wayne