Will these Morgans slab at PCGS?

RYK

Is it worthwhile to submit them?

Here's the story, excerpted from my 2009 FUN show report:

"While visiting a Missouri-based dealer that I know from local shows, a dealer came by his table and noticed some raw, toned Morgans in his case. Dennis (the dealer from Missouri) explained that these are his neighbor's grandfather (who stored them in brown envelopes in the 50's--and had the envelopes to prove it!). The dealer went through the coins, tried to buy them all cheap, and ended up buying two to take back to show to someone else, before buying the rest. This is where I came in, picked the seven I liked the best, struck a deal for them and got out of dodge before the other guy came back. They are very vibrantly colored, some lightly circulated, others look BU. Because of their bargain status, I am going to call them my Somewhere Under the Bridge™ Collection. "

BTW, I have the envelope toning an SAE, even as I type this. I think I am going to try a British sovereign next.

roadrunner

Superb orig group. Didn't see any that jumped out to me as unc but only gave 'er a 10 second look. You'd be surprised at how well these types of raw coins do at coin shows and won't cost you slabbing fees. Once slabbed, you're cost in any common dates won't be recovered until around MS63-64. I don't see anything like that there. Rare vams or rare dates would be worth slabbing. That 1904 is a scarcer date and will probably end up in someone's Morgan book. So why bother slabbing it?

Hey, the link went away. But to answer your orig question, they would all certainly slab/grade out.

roadrunner

RYK

Great, thanks!

DennisH

Yes, I think all of them would grade at PCGS, but I don't think their value justifies the expense.

airplanenut

I don't think any are worth the expense of slabbing, and I rather like the black AirTite ring. Those were fun to see in hand.

kurtdog

If they keep them away from their, um, "security dog," yeah, sure, why not? It's just that, submitting them all at once, all with that same look, you'd be opening yourself up to the possibility that some crackpot might decide to test them out, just to see if their machine's still working. And, in that event, you'd better hope it is.

EDIT: Submit them one at a time; that's the trick.

pakasmom

I'm shocked and horrified that you have dirtied your gold hands by touching mere Morgans!

lkenefic

I think they're a nice set of original AU Morgans. They'd be a great addition to someone's data/MM album... L

RYK

<< <i>I'm shocked and horrified that you have dirtied your gold hands by touching mere Morgans! >>


Shhhhh...don't tell Longacre.

tradedollarnut

All except the 88-O .... but why bother?

RYK

<< <i>All except the 88-O .... but why bother? >>


To help enrich my friends at PCGS and CLCT stockholders?

tradedollarnut

<< <i>

<< <i>All except the 88-O .... but why bother? >>


To help enrich my friends at PCGS and CLCT stockholders? >>



Didn't bet enough on the Steelers, eh?

RYK

<< <i>

<< <i>

<< <i>All except the 88-O .... but why bother? >>


To help enrich my friends at PCGS and CLCT stockholders? >>



Didn't bet enough on the Steelers, eh? >>



I never gamble, so I always have money to burn.

tradedollarnut

<< <i>

<< <i>

<< <i>

<< <i>All except the 88-O .... but why bother? >>


To help enrich my friends at PCGS and CLCT stockholders? >>



Didn't bet enough on the Steelers, eh? >>



I never gamble, so I always have money to burn. >>



Never say never - didn't you buy a raw coin from S***** once?

AUandAG

I see no value in slabbing these coins. All are circulated examples it appears.
None are scarce or rare. Leave like they are.

bob

JupitarCoins

The 88 o is my favorite of the bunch.
Which one do you like the best?

RYK

I like the 1904 best.

magikbilly

Hi,

Really nice! I like the first one!!! I mentioned in another thread as an example in an analogy "storage in an old egg drop soup container (the red and white waxed ones, not the modern plastic). When I was a boy an old man on my block who we knew wanted to sell some Morgans, that is how they were stored and this is exactly what they looked like. I bought them for $20 a piece or $15 "if tarnished." This was with my dad, who was amazed when we then drove to the local B&M and I sold them myself for multiples.....I'm sure I got taken too, but I made good $ and I remember my dad was very impressed and that was not easy to accomplish. We did this again with a trip to the house of the guy who ran the coin counter in Newberry's when they closed that little machine down that rotated the trays with the press of a button. He was selling off his stuff from his house. It was around 1985? and I was just learning this new grading thingie...63 was select...65 was choice...I made out very well. I was young enough to believe what I was doing blindly. My dad was shocked with $20 spent to $80 paid per coin or whatever it was Unfortunately, that is the only time I remember achieving that kind of feeling from my dad and it was with money Sorry for the stroll down memory lane. Great coins

Eric

Edited to add - coins hold some good memories!

SamByrd

I am sure no Morgan fan. But wow those are killer coins. Not at all common in the market place. Really great original examples glad you posted them.

fivecents

The 1883 and 1885 look AU and are not worth submitting.

I like the 1888 and 1904.

Lakesammman

Here's my "Why Bother" coin. Belongs in my "Box of 25".

Just because it's associated with happy memories, that's why.