1895 Morgan Business Strike...what if?

nencoin · November 14, 2003 11:48AM

Let's say an 1895 Morgan turns up (non-proof)...what do y'all think that would fetch in auction? More or less than the 1933 Saint? More or less than 1913 Nickel?

chris

nwcs · November 14, 2003 11:50AM

I would guess between 1-2 million. Although it could go up a bit higher because there are so many morgan people. But I don't see it as going higher because if one shows up, it probably means more are on the way whereas the 33 saint is theoretically always going to be one of a kind.

airplanenut · November 14, 2003 11:50AM

The 1933 $20, 1913 5c, and 1804 $ will always be the most valuable coins, IMO... no other coin has the story, fame, and rarity...

boiler78 · November 14, 2003 11:52AM

I would say definitely less than the 1933 double eagle or the 1913 Liberty nickel because there are plenty of 1895 proofs to satisfy demand for the date even though it might be unique as a mint state coin. Just MHO

XpipedreamR · November 14, 2003 12:51PM

It's pure speculation, of course, but I see no reason it wouldn't ultimately be in a class with the other coins mentioned especially considering the large number of Morgan fanatics. If it did exist, perhaps it might have an even more interesting story than these others. Who knows.

dragon · November 14, 2003 2:46PM

It would depend on its condition IMO, but even if the coin was a genuine no question business strike and a solid gem I don't think it would bring more than several hundred thousand and nowhere near what the 1933 Saint went for.

dragon

Topdollarpaid · November 14, 2003 2:51PM

Well I have two rolls of 1895 Business Strikes. I have been holding out on everyone, but now that the cats out of the bag, were can I find a buyer for these indian cents.

clw54 · November 14, 2003 2:54PM

Maybe there's one in an unopened GSA box.

dollardude · November 14, 2003 3:28PM

This is a great question to ponder. I would think around $1 million. There just has to be at least one of these somewhere!

Julian · November 14, 2003 11:55PM

The coin would have to be BU and not a used proof. If it were a definite business strike, I think that it would definitely be a six figure coin, eventually, but not immediately, because people will be waiting to see if more show up. There almost certainly cannot be just one coin, there would have to be at least a roll, or more likely a bag. None have ever showed up and it is over a century later.

dragon · November 15, 2003 12:09AM

Yes, I forgot about that and Julian makes an excellent point, if one DID surface, everyone would think that possibly a small hoard was discovered and wait for others to come out.

dragon

XpipedreamR · November 15, 2003 12:11AM

<< <i>Well I have two rolls of 1895 Business Strikes >>

You've got some, too?

But are yours all MS66-68?

Bobk · November 15, 2003 12:17AM

He or she could name the price. Also, what xpipedreamer said.

1895 Morgan Business Strike...what if?

Comments

Leave a Comment