Good Bye Lucky 13 posted by Villarreal

[CSJournals-migration]

Breaking my Morgan Set

 

Morgan Dollars have been a favorite of mine for over 20 years. I have collected and upgraded, trading and selling as I went. I was lucky enough to assemble a respectable set, placing to a high as #9 set, to holding #13 now for a few years. Missing the 1893 S, I couldn't bring myself to settle for a mid grade coin. All but 2 of my original set were Unc, the 1892 S and the 1895 O were AU58.

 

I found myself in the dilemma of the high cost of upgrading/completing this set. I was approached and asked if I would sell some keys, and the offers were quite fair. I sold my 1889 CC MS62PL, 1884 S MS61, and my 1892 S AU58. Even after selling those three keys, I was surprised to find I did not drop from the #13 spot.

 

I was called again this week, and I met with a buyer in Baltimore pre show. He bought 8 Morgans last night, and I know I will lose my spot. I had held the coins for over 10 years and was satisfied with my returns. Although I love the series, I found I really could not work it.

 

She's gonna love that vette.

 

See more journals by Villarreal

[Yevrah1]

I had a great Chevette back in 1976. My first brand new car. 4 speed, baby blue.

;o)

[VPhillips]

Hopefully you will still be able to enjoy work that set!

[Six Mile Rick]

Villarreal,

 

When the stock market crashed and my business (framing const.) went with it, I had a SWEET set of Morgans. With the evaluation of costs to get where I wanted to be in the set. I took a long time deciding that I really needed to collect a different series to afford with the new budget I now have. I sold them all seven years ago.

 

I have done well without collecting Morgan dollars and still proud of my sets I converted to!!

 

Sometimes hard choices and tough decisions have to be made!!

 

I LOVE the Morgan Dollar!! BUT when she is too perfect she can Pimp-A-Pimp

 

Happy Collecting

[Walkerfan]

Although I love the series, I found I really could not work it

 

I don't know how you can say that? You built a magnificent set and were only missing 2 coins.

 

In any event, I'm glad that you did well on your returns and, although bitter/sweet; I'm glad that you are enjoying your windfall.

 

Good Luck in your future endeavors.