Hey, I just wanted to thank you. After watching soo many of your videos. (Especially this one today) I went to look at my morgans really close. One of my better looking ones 1886 P has a die break on it. It might not be a rare date, but the finding and the fact that its one of my higher grades made it really awesome. Thank you! Will be looking to support your online store this week!
This was my collection. Sold 86 of my 97 complete Morgan set. I kept the 93s vf25 and the 89 cc vf35 plus high grade 1880-85 cc’s. Daniel was a gentleman and a pleasure to deal with!
I agree with how you feel about in between plus grades.. Would make more sense for lower grades then it does ms coins.. Anyhow nice collection.. Some real good ones there
I love how PCGS sends the free boxes when you submit to them. I still have & use the only 2 that I got when I submitted my first and only submission to a TPG with my 2021 Morgans. They’re great because they hold 20 slabs and fit nicely in small safes without having to worry about a stack of slabs falling over.
Very beautiful coins but I haven't gotten into Morgan dollars because I need to research better. That's why I like your videos because you give great information. If I stumble on some then I'll grab them but as of now I'm researching. Love it!
I'm planning on making a collection of all Morgans from the San Francisco mint. Thank you for another video, I always enjoy these. Taking pictures of slabbed coins can be difficult. In the past whenever I have sold any on Ebay I could easily take 10 or more pictures of each side to just get one that shows the coin exactly as it is. Though, I don't have a professional camera, just my Samsung Galaxy S8.
You would not go too wrong picking up one of those that Daniel has Graded by either PGCS, or NGC under $60, or one of the Graded Silver Eagles he has for sale.
Thanks, Daniel. Can't think of anything better for a 4th of July Weekend, than watching a video on a purchase of Morgan Dollars. As I have shared before, IMO, Morgan Dollars are the most beautiful U.S. Coin Series made. This was a wonderful purchase. Thanks for sharing it.
Finally somebody actually talking about Morgan dollars. There isnt any other guys on these things that even mention Morgans, or Peace dollars. So, thank you
HAPPY 4th., DANIEL, those were some BEAUTIFUL coins, hopefully some one in the future will find the same joy in coins as we do, the look you had when showing these coins you must have it the jackpot
Hey Dan, Happy 4th! Listen I just want to let you know the video looks so much better than the pics that you have on your website for those dollars. Your camera doesn't do justice to those dollars and they look so much better on video. Not sure if you're aware of that, in the pics the dollars look kind of scratched up. Maybe the sharpness is to strong? Okay once again have a great holiday and just trying to help you out to sell more dollars, take care.
There is a grade but not used anymore between EF45 and AU50 its EF48 and people who do the grading in REDBOOK recognize it. There should be more in between grades. AU gets the most at 4 grades witch is not fair 50,53,55 and 58. also another grade you don't see anymore in the lower grade is F18 yanno not as good as VF20 but not as bad as a F15.
Happy Independence Day everyone! Thanks for sharing these awesome Morgan Dollars with us, Daniel. I highly encourage everyone to take a look his website there are many great deals to be had!
I was never a big fan of the Morgan's, But at one time I had All of the Peace Dollars from XF to 66, But like a Dummy I Sold the Entire Collection and also several Gold 2 and 1/2 Gold Indian Head Pieces that were also in XF Condition, the Dang Mkt Prices spiked up 🤯Big Regret now they'd be worth a Fortune 😖
I believe I see it. Maybe it was 63+ cause it was somewhat PL. It wasn't enough to give it PL but I thought I could see some refection in the fields. I'm not sure honestly but I thought it had a little more eye appeal or at least for me it did. Happy 4th of July Daniel.
I think that Morgan grading has something I call 'GBY'. Graded-By-Year. For example, an 80S or 81S needs to be a better coin to get 66 than do scarcer dates/mintmarks. They compare against other coins of the same date/mint rather than across all years. I have noticed it time and again.
So all of your Morgans were graded by PCGS. I agree with you that the 1889-O MS63 (at 20:06) is vastly undergraded. So Dan, at this point in time, do you still prefer the accuracy in grading from PCGS over NGC? And overall, which of these two grading services do you prefer, and why? Thanks for your reply. Much appreciated!
I think the only time they do committee grading is when a very high value/rare coin comes through. Otherwise they have some young intern going through those monster boxes
Hello sir I love your videos I watch them all the time and I've been collecting coins for a while I have a question I need to ask you how do I ask you a question if I need to do I just ask it on here or do I have to go to your website?
It's 4th of July and another beautiful Morgan set! The 1878 P 8TF is amazing, too bad it wasn't sent in to see what 8TF VAM it is. The first and official Morgan die pair is the 1878 P 8TF VAM 9 which is estimated only 3K were minted before the reverse die broke. That 1879 S is at least 64+ not a 66. Daniel is correct, buy the coin and not the grade on the slab ticket!
I have an 1889 Morgan that’s 64+ with a green CAC sticker and the price between 64 and 65 is almost double so it’s really confusing trying to price it 😂. A 64+ is $180 and a 65 is $350. Yeah mine is a 64+ so you’d think ok it’s $180 but then the CAC sticker adds value too. Like it or not coins with CAC stickers do get higher prices 99.9% of the time. Maybe it would be smart to resubmit it and go for the 65. 🤷♂️
I'M NEW AT COLLECTING AND WE'RE WORKING ON OUR SECOND SET OF MORGANS,MY FIRST SET HAS 10 MORGANS THAT ARE CC.ONE DAY WHEN I CAN AFFORD TO DO IT I WANT TO HAVE THEM GRADED,I'VE LEARNED ALOT FROM YOU SO FAR DANIEL ON THINGS TO LOOK FOR IN FAKE MORGANS AND SO FAR SO GOOD.I WOULD LIKE TO ASK WHAT MAKES THEM A REDFIELD THE DARKENING AROUND THE EDGES?
I’ll pay the grade for PCGS and NGC. No matter what anyone says, these are reputable coin grading companies. We’re not talking about coins in other graded slabs such as PCI, SEGS and etc.
Coins graded by the big companies can and will grade incorrectly. Make your own assessment, use your past experience and compare the coin to others with the same grade. When you have done that you can always feel comfortable with making a big purchase. If you intend to flip the coin then I suppose it easy to place blind trust in PCGS or NGC.
Sam Sokolowski Yes, but I don’t see people or coin dealers selling slabbed coins for 1 or 2 grades lower than what’s on the slab. Most selling for 1 or 2 grades higher than what the slabs says. 🤣
do dealers argue often about the assigned pcgs/ngc grade of a specific coin? the point of ngc/pcgs back in the 80s was to stop the back and forth arguments of grade for a specific coin, so i wonder how common that is among dealers.
That MS-66 I agree is not a 66 because of the scratch. It should have at least mentioned the scratch in the grading if they were going to give it that number. If it was an online purchase and the seller or picture quality didn't show the scratch the coin would be very disappointing for the buyer.
Which morgan dollar do you think was the most well struck? My LCS says the 1881-S. I tend to agree with him. He's about 80 and been in the game his whole life.
Some sports card dealer shops will send other peoples baseball cards to psa for grading. Are there any coin dealers who do the same for coin owners who only have a few coins to grade?
So correct me if I’m wrong about the ‘21 Morgans: It’s my understanding that the working and master dies had rusted up a bit, along with the hub after the long layoff of production from ‘04-‘21. So in cleaning up the hub(removing rust) the Mint also tightened up the engraving on the design sharpening up the hairlines and rim, very close to making it look like a different design altogether. That has always been my understanding on the ‘21s. Personally I like the different look on this date as much as the original. But beauty as they say, is in the eye of the beholder. Thanks for another awesome video, and enjoy your 2020 4th of July!
I believe the Morgan dies were destroyed after 1904. When they needed to resume production in 1921, Morgan (still alive) and others recreated the dies from scratch using an 1878 7TF as the basis. That's why the reverse has the flat eagle chest and the original arrow feathers. It wasn't a 100% copy of the original dies, there are subtle differences all over the coin.
Hey consider doing a video on the coin shortage of 2020. In 1931 there was a shortage and today a 1931-D uncirculated penny is 200 dollars. That would make six rolls of pennies valued at 60,000. In a perfect world.
Thankfully professionals in most other walks of life are held to actual professional standards as opposed to "professional" coin graders.A guaranteed white sticker LOL! OK - what about making stickers for how perfectly the coin is centered in the holder, how consistent the lightness and darkness of the ink on the label is printed, how perfectly square each of the corners of the slab is, percentage of the coin's fields are free from staining/tarnish (oops - toning), micro-percentage of centering of the actual strike, clarity of strike overall, consistency of rim denticles, consistency of reeding on edges, etc. etc. Just how far can marketers take the insanity before people will finally see this type of thing for what it really is? CAC grading the job the "proessionals" do is bad enough!
I can never tell the real price value of morgans. I have a jewelry shop with slabbed morgans and they have their prices. I can never tell if their prices are good or not.
Honestly, no disrespect, and maybe I am 💯 ignorant, but most people now adays don't go by a book. The mainstream method of pricing and what people are willing to pay is available to everyone on eBay. The feature to search the sold price is very much what people are actually paying. This of course isn't the very high dollar coins that are sold at auction. I'm more referring to any coin worth less than $1,000 🤷🏼♂️
@@CoinHELPu yes sir, please disregard what I posted. I watched many of your videos afterwards and forgot I posted this. Just getting back into the hobby 👍
All I see from dealers and individuals is complete contempt for grading companies. It’s always something. It gets old quick. I grew up during the transition from mostly raw coins sold, to graded coins. All I can say is they have done more for the coin community than anyone else. They have cut down on all the cheat dealers and sellers of raw coins and have pretty well standardized grading. Sometimes they are off a little, but the pros from grading out way the cons leaps and bounds. The best part is an individual can always pass on a coin they don’t think fits the grade. But time after time all I hear is complaining from dealers who’s coins don’t make a grade cause that means less money. And complaining cause they don’t want to pay for the higher grade coin and believe it’s less. Usually it’s an opinion more subjected on money than an impartial opinion. Grading is pretty damn subjective and there are so many things that determine a grade, not just a mark on it. I do not get why people cannot just pass on a coin if you do not like how it looks to what the grade says. And the plus marks should be there, I have seen countless coins that seem to be closer to the level up than the stated grade. A + mark makes sense. It’s all about money these days, and not about the coins.
I agree with you but math proves there's too much inconsistency among their graded coins, we can move forward and improve that but they choose not to. It can be better than it is, and they need to be more consistsnt. Why wouldn't you want to improve upon the grading aspect of this hobby?
CoinHELPu I agree that there consistency should be improved; I am definitely not one for a mediocre grading acceptance across the board. So I am not one to just throw in the towel and say we are good enough. Not at all. I guess the take I have gotten from dealers and sellers are a general unhappiness with them. I get not being happy with a grade that comes out, but there seems to be more of a systematic issue with grading companies than not. I would say it’s a more general contempt with the grading companies than not. And I would have to argue that having a general grading consensus has been far more beneficial than raw coins these days. As well, I feel like people that do not view a coin first before the grade pigeon hole themselves moving forward with a fair market value. However there has seemed a general discontent with a majority of dealers these days. Appreciate the convo and response.