1903-O Morgan $1 VG Super tough in grades other than Unc

TheNumish · September 20, 2002 11:10AM

Bought this 1903-O $1 the other day. I've owned lots of 1903-O $1's but never seen one in this low of grade. All the others have been BU. Maybe the only other Morgan scarcer in VG is the 1885-CC. Seen a few 1884-CC's in low grade but that one's tough too. Thought I'd share this one.

LanLord · September 20, 2002 11:13AM

Nice even wear, she did her job well. kinda pretty in that condition, but then I'ma sucker for nice circs.

jtryka · September 20, 2002 11:22AM

I have an unc one, never seen one seriously circulated though. They aren't much cheaper circulated are they?

TheNumish · September 20, 2002 11:26AM

I paid $115 for this one. Recently sold some MS-64 raw coins for $280.

Coulport · September 20, 2002 12:17PM

I've handled 3 circ. 03-O dollars.
Like the history of these. More fun than the BU coins.

dragon · September 20, 2002 1:37PM

Probably the three rarest Morgans in circulated condition are the 1881-CC, 1885-CC, and 1903-O, not necessarily in that order.

Dragon

stman · September 20, 2002 1:56PM

I have a question, and I'm not trying to be funny or anything. I am very aware of these dates that you mention Dragon, that are scarce in circ grade. Besides not looking original, what would stop someone from taking a few uncs and placing them in their pockets and letting them wear? And also that in unc grade it is still a little higher priced.

But maybe in the future it would not be. Maybe a dumb question but something that came to mind.

thanks,
stman

dragon · September 20, 2002 2:00PM

stman,

There would be no point in doing something like that, you would just be devaluing the coin.

Dragon

stman · September 20, 2002 2:04PM

Agreed, And I know I ended up answering my own question the further I typed.

stman

braddick · September 20, 2002 2:05PM

Although it sound charming to think of placing a rare-in-circulated coin into your pocket it would realistically take 20+years to get the coin down to FN12 or lower. Also, you're more than likely to give it a forced polished look instead of one that is more natural.
It would get lost before you ever got a Unc. Morgan down to VG08.

stman · September 20, 2002 2:14PM

A little off topic here, But I have taken a 64 kennedy half and kept it in my pocket for a while to see how long it takes to wear down. This was a long time ago. I could have done it with a non silver but was curious on silver coinage.

Of coarse I changed my levis once in a while.

stman

TheNumish · September 20, 2002 7:23PM

In 1988 I bought a Trade Dollar with a hole in it that was AU.
I put that coin on my key chain and now it is a VF.

Dog97 · September 21, 2002 11:27AM

I like old black & gray Morgans. They look really cool. I had a 03-O in FINE one time.

1903-O Morgan $1 VG Super tough in grades other than Unc

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