Home› U.S. Coin Forum

1892-s morgans

patrick47patrick47 Posts: 19
in U.S. Coin Forum
Were there a lot of these just melted down. I usually fine them in lower grades but they are still high even for fine condition,,, what gives??
The sweet smell of morgans

Comments

  • RYKRYK Posts: 35,799 ✭✭✭✭✭
    Since June this year, Heritage has sold 92-S Morgans in all grades from Fine-15 to MS-62. They are out there.

    Edit: Welcome image
    My Box of 20: https://pcgs.com/setregistry/collectors-showcase/box-20/ryks-gold-box-20/17132
  • ziggy29ziggy29 Posts: 18,668 ✭✭✭
    The bottom line is that as well-heeled collectors bid up MS '92-S Morgans to the moon, people started focusing on AU pieces.

    Then they all bid AUs to moon money, so people started pursuing EFs. Rinse, lather, repeat.

    As for the '92-S, almost all of them were released (or possibly melted pursuant to the Pittman Act). One thing we do know...when all those bags of Morgans were found in the Treasury vaults in the early 1960s...it didn't unleash a flood of MS 1892-S Morgans to the market like, say, 1903-O...
  • patrick47patrick47 Posts: 19
    image 1903-0 ,,, How do you get the avtars,,,im new to the board,but been collecting for a while,,, I feel like a wimp with red x ...lol
    The sweet smell of morgans
  • ColonialCoinUnionColonialCoinUnion Posts: 10,087 ✭✭✭


    << <i>Rinse, lather, repeat. >>



    Good line - I wish I'd thought of it.
    Coin Rarities Online
  • coinkatcoinkat Posts: 23,650 ✭✭✭✭✭
    Most of these entered circulation. The 1892-s is tougher than most think in AU50 and higher provided the coin is original and not dipped out. Uncs are very tough...

    Experience the World through Numismatics...it's more than you can imagine.

  • lkrarecoinslkrarecoins Posts: 2,137 ✭✭✭
    a local dealer in my town was featured in the CDN newsletter for having a PCGS 1892-S grading set from AG through AU....I'm not
    sure if he didnt have mint state coins because of the enormous premium, or because of the scarcity in this grade....hmmmm

    image
    In Loving Memory of my Dad......My best friend, My inspiration, and My Coin Collecting Partner

    "La Vostra Nonna Ha Faccia Del Fungo"
  • patrick47patrick47 Posts: 19
    image I believe your right in scarcity, ive only seen a couple of them in extremly high dollar amounts
    The sweet smell of morgans

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...