1894 Morgan Dollar - Value?

SarasotaFrank · November 8, 2003 10:13AM

don't have a pic, however, a nice AU50 1894 Morgan.

any input regarding current price appreciated.

Russ · November 8, 2003 10:19AM

My Greysheet is a bit outdated, but it has $600/$650 in AU.

Russ, NCNE

jdimmick · November 8, 2003 12:07PM

sarasota frank,

Oct 31, 03 sheet has 900/1000 bid ask in Au. This coin has been moving quite rapidly in price, sheet is now gettin up where it should have been. This is a tougher coin to find nice than people give it credit for.

Last month I passed on a awsome PCGS-55 for 1000.00, should have grabbed it just to resell!

Russ · November 8, 2003 12:13PM

<< <i>This coin has been moving quite rapidly in price >>

Damn! I'd say so. My sheet is only a couple months old.

Russ, NCNE

Dog97 · November 8, 2003 2:37PM

Check out the mintmark area real good. The 94-P is often an altered 94-O with the O removed.
This issue was struck with only 2 pairs of dies so attributing them is usually easy.

dollardude · November 8, 2003 3:09PM

Dog97, I totally agree. I would only buy this date certified, unless you are absolutely positive that you can attribute the correct die marks. It is too easy to counterfeit. I bought one last year in PCGS G04 for $280. A dealer at the Chattanooga show last weekend told me she is worth around $400 now in Good. The 1894 Morgan has the second smallest mintage, and has been a sleeper until now.

Edited to Add: I just checked eBay, and the last raw AU that sold was for $680. However, she looked about VF+ to me.

Edited to Add: I checked again, and the next raw AU before this one sold for $630. However, she looked XF to me, cleaned, and retoned, for a net grade of about VF.

SarasotaFrank · November 8, 2003 3:36PM

thanks for the information. 18 months ago, it was $400 or so.

1894 Morgan Dollar - Value?

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