Charlie Harley, #14153 Posted January 7, 2022 Share Posted January 7, 2022 While cleaning s drawer this week I came across an 1899 coin I was given years ago. It means nothing to me and I’m interested in selling it, or even learning if it has value, but have no idea how to find a reputable purchaser. I’ve heard coin discussions before in the Saloon and would appreciate any insight folks may have. Link to comment Share on other sites More sharing options...
Marshal Mo Hare, SASS #45984 Posted January 7, 2022 Share Posted January 7, 2022 I think Cyrus Cassidy is knowledgeable about this. Link to comment Share on other sites More sharing options...
Sixgun Sheridan Posted January 7, 2022 Share Posted January 7, 2022 Why not put it on eBay and see how far up it goes? Link to comment Share on other sites More sharing options...
Big Sage, SASS #49891 Life Posted January 7, 2022 Share Posted January 7, 2022 What is it? Link to comment Share on other sites More sharing options...
Charlie Harley, #14153 Posted January 7, 2022 Author Share Posted January 7, 2022 1 minute ago, Big Sage, SASS #49891 Life said: What is it? 1899 Liberty dollar. Not in particularly good shape. Link to comment Share on other sites More sharing options...
Cholla Posted January 7, 2022 Share Posted January 7, 2022 I can tell you condition is everything. Rarity is another key factor. I had a small collection for decades and as it turns out most of use save the same non-valuable coins so when selling them it’s hard to even get face value. I no longer save anything that isn’t silver and I only save it because it has true value. Stamps are the same lie. 1 minute ago, Charlie Harley, #14153 said: 1899 Liberty dollar. Not in particularly good shape. It most likely worth spot silver and that’s it. Link to comment Share on other sites More sharing options...
Big Sage, SASS #49891 Life Posted January 7, 2022 Share Posted January 7, 2022 I save pennies. I have five 3 pound coffee cans full of wheat pennies. Don't see many in circulation anymore. Link to comment Share on other sites More sharing options...
Yellowhouse Sam # 25171 Posted January 7, 2022 Share Posted January 7, 2022 What Cholla said Link to comment Share on other sites More sharing options...
Cyrus Cassidy #45437 Posted January 7, 2022 Share Posted January 7, 2022 2 hours ago, Marshal Mo Hare, SASS #45984 said: I think Cyrus Cassidy is knowledgeable about this. Yes, I consider myself a genuine numismatist and am a member of the American Numismatic Association. So, Charlie, if you could please post some QUALITY photos of both sides, and the edges if there is any damage, I could give you a ball park figure of its worth, and whether or not I'm interested in it. If not, I can direct you somewhere. Regarding eBay, I wouldn't recommend it. Their pay system (PayPal) has an anti-gun stance. Furthermore, prior to swearing off PayPal, I bought and sold a lot of coins on there. The auction fees got so extensive you'll end up almost breaking even. Link to comment Share on other sites More sharing options...
Irish Pat Posted January 7, 2022 Share Posted January 7, 2022 If you are talking about an 1899 Morgan silver dollar in poor condition ask $25 and be rid of it. I never heard of a liberty dollar. Irish ☘️ Pat Link to comment Share on other sites More sharing options...
J-BAR #18287 Posted January 7, 2022 Share Posted January 7, 2022 Make a pendant out of it for your wife or daughter or other beloved family member. Unique, thoughtful. Link to comment Share on other sites More sharing options...
Texas Joker Posted January 7, 2022 Share Posted January 7, 2022 Silver money is .7235 oz silver to the dollar if it as no collector value Look at kitco for spot price of silver multiply and that's the floor Link to comment Share on other sites More sharing options...
Michigan Slim Posted January 7, 2022 Share Posted January 7, 2022 I have a silver dollar from 1899. It was my grandma's. She was born in that year. It's tarnished but in great shape. Link to comment Share on other sites More sharing options...
Charlie Harley, #14153 Posted January 8, 2022 Author Share Posted January 8, 2022 Here’s the best I could do with pictures: Link to comment Share on other sites More sharing options...
Sedalia Dave Posted January 8, 2022 Share Posted January 8, 2022 Could be north north of $100 if it came from the Philadelphia mint. Link to comment Share on other sites More sharing options...
Loophole LaRue, SASS #51438 Posted January 8, 2022 Share Posted January 8, 2022 Charlie: That's a Morgan silver dollar, not a Liberty. 1899-O Condition is a bit rough. I bow to those more knowledgeable beyond that. LL Link to comment Share on other sites More sharing options...
Okie Sawbones, SASS #77381 Posted January 8, 2022 Share Posted January 8, 2022 Melt value is $17.39. The coin in good condition is worth $26. This coin is about a Good 4. Link to comment Share on other sites More sharing options...
John Barleycorn, SASS #76982 Posted January 8, 2022 Share Posted January 8, 2022 I love old silver Morgans. I’ll pay $27 shipped if you want to do that let my know. Link to comment Share on other sites More sharing options...
Capt. James H. Callahan Posted January 8, 2022 Share Posted January 8, 2022 I bought bunch of old coins a few years ago for silverweight. Many of them were REALLY nice, but were minted in such enormous quantities have almost no collector value unless in near perfect condition. Many of them were Morgans. In 1921 there were a total of 86.7 MILLION Morgans produced. JHC https://morgandollars.net/morgan-dollar-mintage/ Link to comment Share on other sites More sharing options...
Blue Wolf , SASS# 29424L Posted January 8, 2022 Share Posted January 8, 2022 That’s a New Orleans mint Morgan dollar. I have collected some. Most usually sell around spot price. Carson City mint are the ones worth more. Link to comment Share on other sites More sharing options...
Father Kit Cool Gun Garth Posted January 8, 2022 Share Posted January 8, 2022 10 hours ago, Blue Wolf , SASS# 29424L said: That’s a New Orleans mint Morgan dollar. I have collected some. Most usually sell around spot price. Carson City mint are the ones worth more. So if Charlie took his Morgan Silver Dollar to Carson City it would be worth more? Link to comment Share on other sites More sharing options...
Dantankerous Posted January 9, 2022 Share Posted January 9, 2022 22 hours ago, John Barleycorn, SASS #76982 said: I love old silver Morgans... Yup. Same here. Got a pile of them too. I'll pass mine down and hopefully they don't get spent on anything but firearms. Something really cool about that old silver coinage. I have one CC that is my good luck dollar. Link to comment Share on other sites More sharing options...
John Barleycorn, SASS #76982 Posted January 9, 2022 Share Posted January 9, 2022 2 minutes ago, Dantankerous said: Yup. Same here. Got a pile of them too. I'll pass mine down and hopefully they don't get spent on anything but firearms. Something really cool about that old silver coinage. I have one CC that is my good luck dollar. I had 8 silver quarters (smoothies) and I was clinking them in my hand because real silver coinage has a sweet ring to it. Bdoc finally said “knock it off with the coins already” Link to comment Share on other sites More sharing options...
Cyrus Cassidy #45437 Posted January 9, 2022 Share Posted January 9, 2022 On 1/7/2022 at 5:56 PM, Charlie Harley, #14153 said: Here’s the best I could do with pictures: Pard, there is some good advice and some rather poor advice on here. For starters, someone corrected you on the name "Morgan" versus "Liberty" dollar. In fact, you were correct: The official name of this coin is a Liberty dollar. However, the guy who referred to it as a "Morgan" dollar is also correct. It was officially called the "liberty" because the picture on the obverse (front) is an artist's conception of what "liberty" would look like as a goddess. That artist happened to be named George T. Morgan. So it is often referred to by his name rather than by its official named as dictated by the US Mint. Either name works, and collectors will use both. Mint mark: This series had the mint mark on the reverse, above "dollar" and below the wreath. In your case, it's an "O," meaning it was minted in New Orleans. In that particular year, there were two varieties of mint mark; one was smaller, and referred to as a "micro O." Without seeing the coin up close, I can't tell if this one happens to be that variety. It does command a lot more value at higher grades, but this is a low grade coin and the difference is minimal. Grade: Someone mentioned its grade as G4. I almost agree with that, but I would grade it as a "Good Details." The term, "good" refers to how much wear is on the coin; the less wear, the better. The scale goes from 1 to 70, and "good" can either be a 4 or a 6. So "good" really isn't all that good, but the coin remains easily identifiable. Grading can be a little subjective, but I'm going by the standards published by the American Numismatic Association. However, I said "good details," not Good 4 or 6. The term, "details" added, with the number deleted, means the coin is damaged in a manner beyond normal wear, and it is therefore a problem coin. It is not truly a "good" coin, but only reflects wear consistent with a "good" grade. The "details" cuts its value significantly. I'm looking at the scratches on the obverse, especially just below the date, and somewhat on liberty's neck. Furthermore, there are more scratches on the reverse (back) on the word "dollar" and the rim near it. The edge is dinged significantly beyond what is normally acceptable. Finally, while toning is not a bad thing on silver coins, judging by the dullness of said toning, blotch near liberty's hat, and darker toning in hard-to-reach corners like inside the letters, this coin has been harshly cleaned in the past and has re-toned over time. ANY ONE of the problems I have mentioned would garner a "details" grade, and this particular coin has all of them. Value: Given the details grade and commonality of the coin itself, this coin is only worth "spot," or its value in silver. It doesn't have any numismatic value. Link to comment Share on other sites More sharing options...
watab kid Posted January 9, 2022 Share Posted January 9, 2022 i have a friend that collects - ive seen what he collects and why , im no expert but i do appreciate those that are , id keep that one in my gun cart just for fun , you dont see them in daily life Link to comment Share on other sites More sharing options...
Charlie Harley, #14153 Posted January 9, 2022 Author Share Posted January 9, 2022 I appreciate everyone’s inputs and ideas. I’m going to keep and think of something fun to do with it. Link to comment Share on other sites More sharing options...
Dantankerous Posted January 9, 2022 Share Posted January 9, 2022 6 minutes ago, Charlie Harley, #14153 said: I appreciate everyone’s inputs and ideas. I’m going to keep and think of something fun to do with it. Just a thought... Are there any youngsters in your life say around 10 or 12 years old that you might be able to give this to and explain what it is with an interesting story attached and perhaps get them started into silver collecting? Link to comment Share on other sites More sharing options...
Loophole LaRue, SASS #51438 Posted January 9, 2022 Share Posted January 9, 2022 Great suggestion, Dantankerous. When I was about that age, I attended a Masonic church service in Philadelphia with my folks. An elderly couple next to me placed about 20 Morgans in the collection plate. At the end of the service, they complimented my folks on their well-behaved son (if they only knew!) and gave me an 1879 Morgan as a keepsake. Almost sixty years later I still have that Morgan, and have added more than 100 others to my collection. Find a youngster to inspire and pass it on. LL Link to comment Share on other sites More sharing options...
Red Gauntlet , SASS 60619 Posted January 9, 2022 Share Posted January 9, 2022 To me, a nonnumismatist, a coin worth 25 times its face value is a collectors' item-- unless you want to spend it down at the corner store. Link to comment Share on other sites More sharing options...
Marshal Mo Hare, SASS #45984 Posted January 9, 2022 Share Posted January 9, 2022 If it only has its silver value, make a concho. It will still have its silver value. Link to comment Share on other sites More sharing options...
Guest Posted January 10, 2022 Share Posted January 10, 2022 I've got several old dollar coins I put in these & use them on gun and shotgun belts. https://www.montanasilversmiths.com/coin-holder-western-belt-buckle-without-coin Link to comment Share on other sites More sharing options...
Grass Range Posted January 10, 2022 Share Posted January 10, 2022 My safe deposit box is so full the bank person dropped it when I wanted to add some. I used 2 silver dollars for rowels when I made a pair of spurs. I had paid $30 each so no big deal Link to comment Share on other sites More sharing options...
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