How do you feel about Morgans? Love em, hate em or just don't care?
TopographicOceans
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In some ways I think Morgan Silver Dollars are one of the most controversial series of all US coins.
They are widely available and come in a wide variety of eye appeal. From DMPL to monster rainbow toned to blast white and anywhere in between.
It seems they are hawked by the talking heads on the TV as great investments, but really they don't sell too well on eBay.
One thing is there probably are too many of them. The silver miners in the 19th century were able to control the legislature to have more minted than were needed and many wound up stored in bags.
I had about 20 toned Morgans but recently sent them off to Great Collections to sell after not having much luck on eBay. I have to say they take great pictures having been taught by the best. Far better than I ever could.
Now I only have a handful left. A CC DMPL for my type set, a NGC GSA and a couple of pretty toners.
I think most collectors are split on Morgans. Either they have one or a small number, or they have hoards of them.
What is your opinion
of the coin loved by Ted Binion?
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Love looking at others but they are not for me. I reserve the right to change my mind
mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
I think that the Morgan Dollar has a very interesting history, and that the coin has a place in every U.S. collector's holdings. I have a strong interest in the presidential elections of 1896 and 1900 when William Jennings Bryan was conducting his silver crusade, and the Morgan Dollar was at the center of those campaigns. At the same time I think that the coin is overrated for the most part because the prices are high relative to their rarity, even for the key dates.
This is due to collector demand, of course, but large number of coins that are available does hang over the market for these pieces. If the interest in Morgan Dollars were ever to drop, as it has for "old" commemorative coins, the prices would slide very quickly.
I don't dislike Morgan Dollars the way some collectors do, but my collecting interest in them is limited. I have one Proof piece for my type set, and I have filled two Capital Plastics cases with an all mints collection (One each from the five mints that issued the coins plus a coin that displays the obverse) and a variety set of 1878 dollars. I also have an 1896 Morgan Dollar in honor of that presidential campaign. Beyond that I don't plan to add any more Morgan Dollars to my collection.
i have two morgans in my collection they are nice coins to own, as for people hating or liking them personal opinion as for me i'm not liking or hating them they are just there
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Since the early 50's I have lived my life in Nevada...minutes from Virginia City and Carson City. Silver Dollars where all we used. The History of the Comstock, CC Mint and Redfield was taught in school. When I got older and had a few bucks in my pocket I found out that I could buy brand new shiny Morgans...who would of thought...the rest is history.
Redfield Mansion
I love DMPLs and Proofs! How about that?
I'm not a big fan of them, just to many around.
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Classic design, nice hefty feel in hand....I like them!
Though they are not my primary series, I do love them. There's nothing like feeling the heft of an almost full Dansco album of Morgans!
10-4,
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I like them by the roll.
I feel we owe it to the mining interest to have given us an abundance of Silver dollars. These coins must have sparked a collecting interest in more than one collector. There has to be thousands of non-collectors around the country have a couple "old silver dollars" in their coin collection at home.
Personally, I only own a handful. Sure love looking at them, being able to appreciate the workmanship that went into the striking up a good one. Really like being able to pick off the nicest coin of a group when they pop up at the B & M.
I do like them a lot and have many in my collection, in fact for a long time after I started collecting they were my favorite series. However I think that there are overwhelming numbers of them at the shows I attend. This gets a little irritating while on the lookout for nice Peace Dollars and there are just tables and tables full of Morgans with just a few "ok" Peace Dollars mixed in.
Collector, occasional seller
I like them. I had a complete set, but sold it years ago. At this time, the only 2 Morgan's I own were gifts from my grand father (so they are not going anywhere). I may do another set some year at some point, but my current interests are with other series.
While I don't actively collect them at the moment, they were the coin that got me into collecting when I was younger, and I bet this is a pretty common theme among collectors.
They are my favorite....I like the design and the heft/size of them
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Whether rare or common, I love them when they have eye appeal.
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Morgans are great for collectors and very rich coin to collect:
Large
Silver
BU
Proof
Monster Toner
DMPL
CC
VAM
GSA
The other great thing about Morgans is that many are reasonably priced so you can build a beautiful collection without breaking the bank.
They are big, their bold and I love em'
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My family has property in South Lake Tahoe and every time I go up there I make it a point to go up to VC. Very cool place that time forgot (at least in the main areas, the residential area on the hill not so much)
I agree that generic Morgan's in high grade are rather plentyful, that's why my preference for "keepers is a coin not at all like it's peers. Rarer dates seem to get easily overlooked. If you see an 1889 O in UNC most people question why you're asking so much and cruise right on by.
They are a beautiful coin when they have "pop".
Love them, specifically PL and DMPL ones. High grade morgans are thing of beauty.
VAMS VAMS VAMS VAMS... VAMS VAMS VAMS VAMS
This. I like'em but they're just not my thing.
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They are a really cool coin, nice design, big chunk of silver, history, and on and on. But it has always been apparent that there are plenty of Unc's out there. I remember seeing many lists where dealers offered Unc rolls of lots of different dates. It seems like the "acceptable" grade to view them as collectible has risen higher and higher.
I wonder if the statistics from TPG's has shown them to be even more numerous than we already thought?
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I like them...big, silver, and plenty of them.
K
This is where I stand also.
I like the VAMs, like the search, but as far as putting a set together, not for me.
What's not to like. The series has everything.
I had 1000's of them sold most and now picking up just nice MS65's and up the prices are just right as of now will hold for a later time..
Hoard the keys.
I was well on my way to a full set at one time, (mostly raw)...'til I realized I would probably never buy the 3 or 4 truly key dates due to cost.
So, I sold some CC's and other nicer slabs I had for a profit, and the rest of them have been sitting neglected for 10 years or more.
Recently, I've been picking through them to decide which should be slabbed with an eye to selling the lot of them in one way or another.
....Which got me interested in them again. sigh
Think I'll go the route Bill Jones mentioned, and keep a mintmark set, and maybe a "decade set", (i.e., one from the 1870's, one from the '80's, etc.)
I do like them! VAM's, size, design, etc.....I just need to decide what to work on, and what to cut-and-run from....
Love the little-sister Peace dollars much more. I own 4 Morgans. 2 raw, 2 slabbed for type purposes.
The only thing more surprising to me than the huge number of extant coins is the comparably huge number of interested collectors. It seems to be a case of supply creating demand (at least to an extent).
Not much interest for me. Just too many out there. The hunt is the fun part for me. Any major show (and a large checkbook) is all anyone would need to complete a set. When money, not rarity is the stumbling block, count me out. The AT problem is also a turn off. It's out of control what is going on with "toned" dollars. But with that said to each his own. That is what makes the hobby fun. Without Morgans many dealer cases would be empty. Remember IMO only. Not trying to piss anyone off.
Jim
They are not my favorite but I can appreciate them. I like the size and the history and the way they can tone up. Some can be VERY rare in MS, which I find alluring, as well.
I was involved with them to some degree before I got into Walkers. I sold a good many of them but kept my GSAs.
I hope to revisit them and pick more up again someday.
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I view them as the coin that gets a lot of people into collecting. I was passed down a few, and thought they were cool. I don't think I would ever buy one though. Too common, too many, too boring now. There are exceptions of course, but they just don't really interest me.
Seeped in history and over 100 year old uncirculated examples plentiful at around $50 - it doesn't get any better that that IMO.
I give tons of 'em away to youngsters at Xmas.
I like the history, I like the weight of them in hand. Love the way they tone.
Just hate the fact there are tens of thousands in ms grades of most dates, having been stored. I just cant get excited by another blast white morgan. So I own 2. A doily and a common date ms65 for the dansco.
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Historical. So many different ways to collect them. Full date/mm set, date set, mm set, PL/DMPL coins, spectacular toners, VAMs. The list could go on...
For some odd reason, I like to add an occasional coin to the collection if I can find them in the old, small white alpha-numeric ANACs slabs.
Jeff
If anybody likes them enough they could always PM me because I've got a few hundred key dates to DMPL to VAMs I have decided to sell after years and apparently picked maybe the worst time in last 20 years to sell.
In my life I have collected buffalo nickels and Walkers when I was young. I still have some Walkers but buffalo nickels are in my blood to stay.
I've gotta say I like Morgans and have a few in my collection but I don't collect them.
I'm thinking of starting an entire set.
Then when I finish, start a complete roll set.
If I get an extra room built I can start a bag set.
I don't think there are many bag sets but at times I wonder!
I like Morgans... Big, silver, great design... a coin that fairly shouts 'American'....I have a CC set, many in GSA holders. I have other raw Morgans as well... I would not say I am a focused collector of Morgans, but they do attract me... especially if blast white
Cheers, RickO
Like Rick, I am not a focused collector on Morgans, but I have a few. I also think it's THE coin that screams AMERICA.
A big, chunky piece of silver is what attracts people to it.
Just my eversohumble opinion.
Cheers
Bob
I like that Morgan Dollars are so big and come in such a wide array of appearances, but I've never owned a Morgan Dollar in my life and really have never had an interest in collecting them. It's probably because they didn't seem to circulate widely due to so many mint state examples being available. Perhaps I'm mistaken.
I find them a fun and liquid way to collect circulated 90% silver instead of just buying silver bullion.
I don't care for them, but don't hate them. There are just too many of them. I would like to have the School Girl pattern...that is a neat coin.
I feel numbed by the commonness of the coin and, to be hyperbolic, suffocated by their ubiquity at shows. They do nothing for me, but maybe, someday, I will have a DMPL or a proof as a mild diversion in my collection.
I am glad they exist because they are a coin that keeps many collectors interested and this sustains the hobby for us all.
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Don't hate them. They are just so common & to differentiate them, you need things like VAMS to make them worth looking at.
I also think they are one of the ugliest U.S. Coins, aside from Susan B.
I also dislike seeing so many at shows. It's mind numbing.
I only own an AU58 1878 8TF, which is fine for me. Nothing special, fits the type set.
Not crazy about common dates, but wouldn't mind owning better dates.
I like Morgans very much. They are readily available (great for the collector) in all grades for the most part. Some are spectacular and blast white as made are great as well. It's popular series for these reasons and as well for the history of the coins.
bob
I have a Hot Lips for my type doubled die collection and a couple of others with nice color. But they seem to be everywhere. I actually like the Seated Liberty and Peace dollars better.
Love the design of the Morgan. Like you, I sold off my twenty toned Morgans a couple of years ago. Currently own only one example, but prone to buy others some day.
I'm not a big fan of them. I have 2 or 3 in my collection because they have attractive toning, better luster and as a collector I feel I should have a few examples.
It's not a great design and like others, I get tired of seeing them.