re: Tips from MT Coin Collectors

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As mentioned earlier, I am going to start getting some Morgans. A question though, is it better to get cull, almost good, or good or better?

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It really depends on how much money you want to spend. A near mint or uncirculated Morgan dollar is going to be expensive if it's a good year. If I were you I would start out with some inexpensive years in good condition and work your way up.

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A question though, is it better to get cull, almost good, or good or better?

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It depends on what you are collecting the coins for. If you're doing it for the silver (melt) content for a supposed inflation hedge, it really doesn't matter what the condition is.

If you're collecting in order to sell the coin and make a few bucks later, the better the condition, the more demand for the coin in future years. Of course, it also means you'll pay more for the coin initially so you really have to know what you're doing in order to not overpay and get burned.

Personally, I collect for the beauty of the artwork and the history behind the coin (designer, why the design was created, etc.) so the condition is not that important to me as long as I can clearly see the artwork features and details.

FWIW, I've never sold a coin although I've given several as birthday gifts to close friends and family.

I enjoy giving U.S. coins as gifts which are dated 100, 150 or 200 years prior to the year of birth of the recipient. That way they were born on the centennial, sesquicentennial or bicentennial of the year of the minting of the coin and it ties in nicely with their birthday recognition.

All of this was probably TMI for you but I get fired up discussing old coins. Sorry....