MS66 80-85 CC Dollars

Greeniejr

Had a client come in last week wanting to talk about the future of his collection. He has the 80-85 CC in PCGS/CAC MS66. He was thinking of finishing his CC set in 63-65 but was told by another dealer that these coins in 66 are far too common and not worth collecting. I told him that they are great collector coins and perfect for people not wanting to spend 5-10X as much. Personally I love those coins because they can have an amazing look and are attainable for middle to upper middle level collectors. What say you all?

crypto79

They are cool high grade type pieces that should always have a market but their liquidity is impacted by how common they are. FOr those issues to truly standout on the floor they need old holder and stickers and PL qualities on one side or something extra to excite a buyer or they will move on to the next table and look at those high grade CC type morgans. For that reason alone I tend to avoid them.

Jcarney

<< <i>Had a client come in last week wanting to talk about the future of his collection. He has the 80-85 CC in PCGS/CAC MS66. He was thinking of finishing his CC set in 63-65 but was told by another dealer that these coins in 66 are far too common and not worth collecting. I told him that they are great collector coins and perfect for people not wanting to spend 5-10X as much. Personally I love those coins because they can have an amazing look and are attainable for middle to upper middle level collectors. What say you all? >>



Did you mean the dealer said that coins in 63-65 are too common? I can't imagine that 66 CC Morgans aren't worth collecting. But anyway, is your client more interested in a collection or an investment? It seems that's what it basically comes down to.

ricko

MS-66 CC Dollars in PCGS/CAC holders may not be the top of the market, but many collectors would be very happy with such coins - and I would be willing to wager, that the dealer who denigrated these coins was looking for an easy score to resell at a substantial profit. Cheers, RickO

dragon

<<< but was told by another dealer that these coins in 66 are far too common and not worth collecting. >>>






A rather idiotic remark and completely untrue. Attractive & lusterous high grade CC dollars are beautiful and always have a ready market from collectors. The trick is to find the nice ones (real 66's, not the boatloads of 65's that got bumped) as they get harder and harder to locate each year it seems.

bestclser1

Common like this?

mkman123

I would love to have cc morgans that look like the one bestclser has anyday over a plain 66!

Kove

While I wouldn't say that MS 66 CCs are "not worth collecting," the other dealer has somewhat of a point.

CC Morgans in 66 are nice coins, but there are too many of them to appreciate greatly. They will hold their value better than many other coins due to the cachet of being nice and CC, but they will not appreciate greatly. MS 67 CCs are a better bet for appreciation.

So, I think the other dealer's point is that you can buy an MS 65 for a lot less money, get almost as nice of a coin, and have the same shot for appreciation as a 66. It's okay for a client to have their expectations set. 66s won't make them rich, but they also shouldn't get soaked.

If the customer likes and can afford 66 quality but can't swing 67s, then that's why they should buy 66s. Because they like them.

dragon

<<< CC Morgans in 66 are nice coins, but there are too many of them to appreciate greatly. >>>



I dunno, Van Gogh did well over 1000 paintings and drawings and Monet created about 2000 or more paintings it's estimated, and they still seem to be "fairly" well appreciated. I believe you also confuse collectible with future investment potential. Many people avidly collect items with no regard for their price appreciation potential.

410a

Nice high grade CC dollars always sell. They are quite the beautiful Morgan $ and the CC makes them special. I cannot see why a dealer would denegrade them unless he/she had a motive. Perhaps sell you something else or buy them cheaper. PCGS and Stickered, I'd buy them one at a time.

Kove

<< <i><<< CC Morgans in 66 are nice coins, but there are too many of them to appreciate greatly. >>>



I dunno, Van Gogh did well over 1000 paintings and drawings and Monet created about 2000 or more paintings it's estimated, and they still seem to be "fairly" well appreciated. I believe you also confuse collectible with future investment potential. Many people avidly collect items with no regard for their price appreciation potential. >>



I'm not confusing anything. You re-state my exact thesis: collect them if you like them, not because they will greatly appreciate.