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Why some of the lower mintage coins not on the list?
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Why some of the lower mintage coins not on the list?
I was looking at this list of most valuable rare Morgan coins, and I was thinking how can the 1894 P and the 1885 CC Not be on this list if they have lower mintage then some of the others on that list?You do not have permission to view this gallery.
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In my opinion, it's the source. It appears that they are into buying morgan dollars too, which may have swayed what they are looking for. It's all about which years may have had low mintage and high melting from the us government. If it were me, I would look else where for a list that's better suited to mintages and their rarities, and are not buying coins.
Some mintages of over 1 million Morgan's had really bad strikes. Other that are super rare Morgans were messed up with coin counter damage. The VAM encyclopedia is a good reference for rarity, as with each VAM, they give the rarity as well. They also list the Morgan's by rarity, even in each MS grade.Gary Kozera
Website: https://MintErrors.org
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One other thing.... they may have just looked at dollar value and rarity, which is a possibility. Look at the price of any coin on there list to get a ballpark grade which equals the price. Then, find the 1885-CC in that same grade and note it's price. I am sure the price will be significantly lower due to the availability of the 1885-CC in that grade. I have seen 85CCs in grades up to MS66, with MS65 and lower more common.Last edited by MintErrors; 01-28-2024, 12:26 PM.Gary Kozera
Website: https://MintErrors.org
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Like I suggested before, it can all be researched on the top three grading companies. You can look at either the grades versus the value or, grades and population/census.
Hummmm is that CC touching the ribbon ? VAMworld has one VAM, if I remember correctly, that the CC almost touches the ribbon.
Morgan Dollars are my favorite, but I buy pre-slabbed Morgan's for peace of mind, from reputable sources. It cuts down on wait time and expenses too. It's a workout trying to find Morgan's that are rare and have a decent profit margin for resale. It's the thrill of the chase/hunt.
Gary Kozera
Website: https://MintErrors.org
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Thank you for your feedback, I’m so new to this I know nothing about VAM, I like the Morgans when I purchase them I try to look at them to see if it has damage and if it doesn’t have a lot of damage or has a lot of wear on it then l’ll try to purchase it at a reasonable price, and yes the second C is almost touching the ribbon.
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In my opinion, just becareful where you purchase these Morgan's. I have seen documentaries on line which show overseas Asian countries which make counterfeit dies and produce quite a lot of them. I don't want to go into much detail, just be careful out there.Gary Kozera
Website: https://MintErrors.org
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One thing they haven't been able to fake is the cartwheel luster. You can hold the coin and try to get a ring halo style effect of the coin. Weighing them, even in a holder and weigh a known good one in the same style holder. Lastly, use a magnet, most of the fakes can be made of steel and are attracted to a magnet. Silver and copper in a real Morgan arent attracted to a magnet - but neither is aluminum.....
They can even fake third party holders, so watch your six.Last edited by MintErrors; 01-29-2024, 03:08 PM.Gary Kozera
Website: https://MintErrors.org
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