SECRETS OF THE ADVANCED MORGAN DOLLAR COLLECTOR Michael S. Fey.

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Presentation transcript:

SECRETS OF THE ADVANCED MORGAN DOLLAR COLLECTOR Michael S. Fey

EVOLUTION OF COLLECTING MORGAN & PEACE DOLLARS COLLECTING BY DATE ONLY (Prior to 1890’s) COLLECTING BY DATE AND BY MINTMARK (1893-Current; Augustus Heaton: A Treatise on the Coinage of the United States Branch Mints)

EVOLUTION OF COLLECTING MORGAN & PEACE DOLLARS Deep Mirror Proof- like (DMPL and PL); -lower Pop/less cost for the rarity (Pop reports 1990 to Current)

EVOLUTION OF COLLECTING MORGAN & PEACE DOLLARS Collecting Proofs, Branch Mint Proofs and Patterns 1878 Judd-1550; P Reverse; R TF VAM 14.3 Proof

EVOLUTION OF COLLECTING MORGAN & PEACE DOLLARS Collecting by Variety -Redbook (1948-Current; 14 VAMS ) -The Comprehensive Catalog & Encyclopedia of Morgan & Peace Dollars ( ; VAMS; 4 th Edition -Cherrypickers’ Guide (1993-Current; 21 VAMS)

EVOLUTION OF COLLECTING MORGAN & PEACE DOLLARS Collecting by Variety cont. -Top 100 Morgans (1997) TFs & TF Viewfinder TM (1998; 41 coins ) /8 TFs (1999; 16 coins ) -Hot 50 Morgans (2000) s Rev ‘78 (2001; 14 coins ) -Top 50 Peace (2002) -Top 100 Insights & Value Guide & VAMlink.com

Top 100 Insights & Value Guide Quarterly Newsletter $19.95/yr  New Information  Insights into Collecting  Ultra Rarities Auctions  Updated Prices & Trades  New Discoveries/Trends

Society of Silver Dollar Collectors (SSDC) & VAMlink.com Membership $19.95/yr.

EVOLUTION OF COLLECTING MORGAN & PEACE DOLLARS Collecting by Classes of Variety (1878 8TF, 7/8, 1879s rev ’78) TF Varieties (80+coins) s B1 reverses (8 coins) -Oval O’s (1888 & 1889; 9 coins) -Micro o’s (11 coins), Small s o/s EDS, LDS (6 coins) o/cc (8 coins) -Doubled Die Obverses/Reverses -Overdates, MPD’s, Die Breaks, E-Clashed Dies, Pitted Reverses

Examples of Classes of Morgan Dollar Varieties 1882 o/s VAMs 3, 4, /79 cc VAM o VAM 4 Hotlips 1901 VAM 3 Shifted Eagle 1878 s B1 Reverse VAMs Oval O Micro o O/CC

Examples of Classes of Peace Dollar Varieties 1922 VAM 2B Mustache1923 VAM 1B Wisker Jaw 1934 D VAMs 3, 4 Doubled Rays VAM 3 Blob DVAM 4 clear, Micro D Terminal Die States-Breaks

EVOLUTION OF COLLECTING MORGAN & PEACE DOLLARS *Major Errors -Rotated Reverse -Strike Through -Broad Strike -Off Center Strike -Multiple Strikes -Die Adjustment Piece -Capped Die, Brockage *Photos courtesy of Leroy Van Allen & A. George Mallis Copyright RCI 2003

Secrets of the Advanced Morgan Dollar Collector Buy the books/info (Knowledge is King!) Read/study the books Join the SSDC, ANA Learn to grade (ANA) Acquire reference specimens Look at lots of coins Become an “early bird” Use good loupes (5X, 10X) Analyze the Pops Learn to Regrade Stay Current Work with a Professional Have Fun! 2005-Courtesy of Michael S. Fey, RCI, P.O. Box 9157, Morris Plains, NJ

Any Questions?