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I am trying to make money off a collection of Morgan silver dollars I own. Some of the years are for example: 1886,1885,1882,1880 and more. Any idea how much these are worth if certified. And what does getting a coin certified mean?

2007-02-15 15:20:42 · 1 answers · asked by mastrobuono1029@verizon.net 1 in Business & Finance Other - Business & Finance

1 answers

To answer your questions:

"How can I get Morgan Silver dollars certified?"
You can submit your coins to:
- a third-party coin grading company. I recommend the top 3 TPGs like NGC, PCGS, or ANACS. Or IGC also fine. But for Morgans, I prefer PCGS and NGC. Please visit the TPG websites and learn more on how you can submit your coin. You can also send to the TPGs for grading through your local coin dealer.

And only send in Morgans to be certified if:
- They are CC mint Morgans.
- Key dates or semi-key dates.
- Rare VAMs.
- Errors.
- Genuines.
- Not cleaned or damaged in any way(else you coins will be body-bagged)
The reason for the aboves is because your coins should be more valuable than the cost of grading the coins.


"Some of the years are for example: 1886,1885,1882,1880 and more. Any idea how much these are worth if certified."
How much they can be worth very much depend on:
- the grades and conditions of your morgans.
- from which mint are your Morgans. Those dates you listed so far are common dates unless they are from Carson City mint(small "CC" underneath the eagle on the reverse of coin). There's no point in sending common-date circulated Morgans to be certified unless you want to see your collection in plastic holders.


"And what does getting a coin certified mean?"
Means that:
- The coin will be put inside an air-tight clear plastic holder. It's for better storage and long term protection.
- The coin will be graded by more than one professional grader working in the coin grading company you have submitted your coin to. A grade will be assigned(if gradeable & genuine) and stated inside the holder/slab according to the company's grading standards.
- The coin will be much easier to sell at higher prices if it has been certified(by a reputable company) compared to a raw coin.
- It gives buyer a peace of mind when buying and reselling it at later time, especially when dealing with rarities, varieties or errors.

2007-02-15 16:17:06 · answer #1 · answered by silverpet 6 · 0 0

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