For roughly $1,500 would you rather have THIS or THIS....?!?!?

SeattleSlammer · October 3, 2003 7:34AM

It's an easy choice for me. But some people love those rare dates and mintmarks, regardless of the condition......as for me, give me the color, baby! Both are going for about $1,500.

Choice A

Choice B, NGC graded....and my choice by a mile!!!!!!!

mojorizn · October 3, 2003 7:36AM

I'd have to take the pig.

Gimme the circulated '93-S any day.

Mojo

jbsteven · October 3, 2003 7:37AM

or

KlectorKid · October 3, 2003 7:38AM

I'll take the nice circulated morgan.

lordmarcovan · October 3, 2003 7:40AM

Is there a choice C, for "neither"?

Geez, it's two Morgan dollars!

Morgans are lovely coins, but they bore me to death because you see 'em everywhere!

I suppose if I had to choose, I would pick the 93-S, though I think it's more G4 than G6.

I don't see why the other one is going for $1,500. Is it the color? If so, I think that's kind of dumb. JMHO. The colors on it ARE pretty, and even I like them, which is saying something, since I'm a known skeptic on the whole rainbow Morgan thing. But it ain't $1,500 cool.

mgoodm3 · October 3, 2003 7:40AM

93-S, no question.

Shamika · October 3, 2003 7:43AM

The circulated piece will make you more money in the long run, but I'd prefer the toner.

That's just me.

SeattleSlammer · October 3, 2003 7:45AM

Wow, a lot of 93-S lovers so far.....

Still, I like going with the coins that jump out at you--a really tired looking, worn Morgan just doesn't do it for me...even if it is The King. I collect eye candy, even if it doesn't pack the same rarity (though color rarity is obviously a factor, too).

It would be an interesting argument though to think about what each coin will be worth ten years from now....will the 93-S be worth more/less/the same, and what about the toned Morgan?

Hmmmmm.

relayer · October 3, 2003 7:50AM

When you start paying extreme prices for toned Morgans, you are no longer buying coins but are buying art.

And as Barney found out, not everyone has the same appreciation for art. Beauty is in the eye of the beholder.

jbsteven · October 3, 2003 7:52AM

<< <i>When you start paying extreme prices for toned Morgans, you are no longer buying coins but are buying art >>

BINGO!

here some art I own and hence why I like toners!

SeattleSlammer · October 3, 2003 7:52AM

When you start paying extreme prices for toned Morgans, you are no longer buying coins but are buying art.

Relayer, nicely put!

Baley · October 3, 2003 7:55AM

I'd rather have a 1797 draped bust dime in VG for $1500 than either of those 2 coins.

In fact, there's a looooong list of coins ahead of them.

but if the choice was between the 2, like someone's giving them away and says, "choose one" I'd take the 93S.

AmericanSilverEagleCoins · October 3, 2003 8:08AM

Normally I don't go for toners but given your scenario of both being the same price I would take the toner. The wear on the circ is just too much for me.

jonesy · October 3, 2003 8:15AM

I'd take the 1893S. Lots of history there.

paigowjohnny · October 3, 2003 8:18AM

I love the toner, but I ain't paying $1500 for it (sorry jb)

I'd go for the 93-S although (moment of obvious gloating) I got my NGC F-12 for $1500

rkfish · October 3, 2003 8:28AM

No doubt the 93-s.....

Dave99B · October 3, 2003 8:31AM

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA !!!

originalisbest · October 3, 2003 8:40AM

I'd take the '93-S over 1,2, 3, 4 or 5 toners like that. Anytime.

keets · October 3, 2003 8:45AM

i'd go with choice "A" and echo the comments of Lord M.

at least that 93-S saw some circulation which is more than i can say for all the toned Morgans out there. they just have too much in common with modern bullion coins for me to get worked up about them, color notwithstanding. i do like the 1878's because of the die varities---i liken them to issued die trials. but overall i find much about Morgans and SBA's that i view similarly. ironically, they were issued 100 years apart and if we still have coins in use in 2078, i wonder what they'll look like.

al h.

SeattleSlammer · October 3, 2003 8:46AM

I forgot to give the toner's owner credit--it belongs to Bryan at Texas Bullion Traders.......

Looks like the 93-S is still in the lead in terms of votes, but the toner seems to be catching up a bit....

...are you people nuts?! The toner is going to look sooooo much prettier when you line all of your coins up to them show off......especially you people with lots and lots of drab looking AG and XF coins.....it would be like a single glorious beacon of light in the darkness!

LanLord · October 3, 2003 8:47AM

If those were my only choices, I'd take the 93-s.

But for $1500 I'd rather have a pretty nice 1896s barber quarter, a pretty nice 1913s barber quarter or a really nice PROOF seated half.

Toned dollars are pretty to look at, I'll surely look at anyone's coins that they wish to show, but the just don't fit in well with the rest of my stuff.

keets · October 3, 2003 8:49AM

am i seeing d-d-double??

SeattleSlammer · October 3, 2003 8:57AM

they just have too much in common with modern bullion coins for me to get worked up about them, color notwithstanding

keets,

huh? A monster toned Morgan such as the one here has NOTHING in common with modern bullion...in this case, the color IS what makes the coin particularly valuable and desirable to many......if you take the color out of the equation, than I agree that it's just another common date and boooooring. But the color IS there, so that's what the thread is all about.

Outhaul · October 3, 2003 8:57AM

The 93-S

paigowjohnny · October 3, 2003 8:58AM

<< <i>...are you people nuts?! >>

Slammer...we're talking one and a half large here !!! Are you nuts ??

Lord knows I love toned Morgans...but 1500 bones ???!!!

Sure, there are folks who will pay it...but 1500 dollars ???

Now if you said...we'll give you one of these, which one do you want...then maybe I'd scratch my head...

BUT $1500 for an 85 toner ?????

291fifth · October 3, 2003 9:07AM

A nice, original 93-S is far more marketable than a specialty market toned coin. I could easily sell the 93-S locally for good money. They would laugh me out of the store if I wanted a premium for the toned coin.
They may want to SELL me a toned coin for a premium but they don't want to BUY one for a premium. "Twenty back of bid!"

SeattleSlammer · October 3, 2003 9:08AM

paigowjohnny,

I know it, it is a lot of $$. I'm not saying I have $1,500 to go plunk down at the moment. This is more of a "what if" thing.

Still, I've been collecting toned coins (mostly Morgans) for a number of years, and I really do think there's an argument to be made that the really good toned common date stuff IS worth as much (if not more, in relative terms) as the rare date/mintmark coins. In the case of this beautiful color, I think $1,500 isn't unreasonable at all.

jbsteven · October 3, 2003 9:10AM

seattle

keep up the fight it is a worthy cause!

Personally dates don't do it for me with Morgans. WILD color and/or high grades do!

1946Hamm · October 3, 2003 9:37AM

I'll have to go with the 93-S. The toner is pretty but not $1500 pretty. The 93-S will always be of value but common date toned dollars may not be worth the money they bring now. The toned ones are not rare and with all the AT'ed ones out there, it's hard to think that the value will hold for the long run. The coin doctors get better all the time and will at some point turn off people from wildly toned coins. Large numbers of collectors can tell the difference between AT vs NT coins but even more can't. I like the toned pieces of art but will take a key like the 93-S because it is a real piece of history. With the mintage of 93-S dollars set and the survival set also it will always be the better deal. There is a growing number of toned dollars each year. Of course, this is my opinion and I will not try to sway anyone to my view. If you prefer very pretty to rare, then more power to you.

Have a good day, Gary

jdimmick · October 3, 2003 1:14PM

Look at my sig line and that will tell you which one I'd take, However,

I have seen a few nicer Good 93-s that I liked better than that coin, especially for 1500.00 but and as far as the toned, its pretty, but I cant' see spending 1,500.00 for it either.

If that was the only grade 93-s that I could get, Id take it in a heart beat over a common date toned dollar.

jim

goose3 · October 3, 2003 1:18PM

Give me that 93s ANY DAY over that toner!!!!!!!!
Key dates RULE!

fountainheadgold · October 3, 2003 1:23PM

In this case the color wins hands down

braddick · October 3, 2003 1:26PM

Color over wear, but barely.

RNCHSN · October 3, 2003 1:28PM

93-S all the way!

I have one raw in slightly better condition I picked up in Baltimore this summer.

Bulldog · October 3, 2003 1:42PM

93 $

Bikingnut · October 3, 2003 1:42PM

I don't really care for either one. The toned one is very nice looking coin, but if it's a common date, I can't see paying that kind of money just for the color. As for the circulated rare date, that one really doesn't do it for me either. I guess that's why I'll never get rich collecting coins.

Bulldog · October 3, 2003 1:42PM

93 $

SDCollector · October 3, 2003 1:46PM

Easy answer for me. 93-S. It is THE Morgan to own and one I hope to have some day.

SarasotaFrank · October 3, 2003 1:53PM

<< <i>I love the toner, but I ain't paying $1500 for it (sorry jb)

I'd go for the 93-S although (moment of obvious gloating) I got my NGC F-12 for $1500 >>

pj:

you're my friend, but you absolutely S-U-C-K!

I passed on that coin, and am still kicking myself.

did I mention you absolutely, positively S-U-C-K?

I thought I did, but I just wanted to be sure.

lclugza · October 3, 2003 3:10PM

I'll take the '93-S. The 1885 is only a mere common date (unless there's a CC on the back!) And that 1885 is tarnished, but of course I can fix that with a little water and baking soda.

uofa1285 · October 3, 2003 4:04PM

Color me in for the toner! We've gone over the visual comments, now here is a financial argument to consider:

Generally, white coins relative profit potential is too predictable and therefore limited to small percentages, even over time. Alternatively, amazingly attrative toned coins (like the ones shown in this thread) have fantastic chances to realize multiples of white coins's returns. I have enjoyed (and even had others post a thread regarding) 30 and 40 times bid realized on a handful of common date Morgans with color...how many white coins can others say the same?

For me, it is the 2000's version of the 1970's scavenger hunt for silver many of us used to do with bank rolls and at cash registers...not everyone is doing it and great treasures can easily be found, even in coin dealers inventories and coin shows. Exciting!

Doug

islemangu · October 3, 2003 6:42PM

Im a fickle collector..sometimes wanting eye appeal and other times for rarity. In this case if I had to choose and spend I would take the toner, now if Paigos Fine 93s was up there I may go differently. Wonder what that NGC morgan graded at? It looks clean like a 66/67 yet maybe a little soft strike and luster no way to tell really from photo?

beartracks42 · October 4, 2003 12:57AM

With your $1500, I would buy the 93S.

If it were my $1500 for my tastes and needs, I would buy the best 94 or 95S Morgan I could find or a 1932D Washington. But those are my needs.

I like toned Morgans, but would not pay $1500 for this one.

LincolnCentMan · October 4, 2003 1:21AM

I wouldnt pay that for either. If two were sitting side by side, and I could pick one to take home with me, I'd take the toner, though.

I buy coins I'd like to look at. 93-S or no, it's just not as per-dee.

David

For roughly $1,500 would you rather have THIS or THIS....?!?!?

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