Tuesday, October 29, 2013

1891-O morgan dollar...undesirable coin or diamond in the rough?

The 1891-O morgan dollar is one of my favorite coins. Most collectors overlook this coin because it is widely considered the most flatly struck of all morgan dollars. The coin typically comes with average to below average luster, and is easily found in grades ag to xf. So why in the world would this coin be my favorite morgan dollar? It doesn't have the vibrant luster of an 1881-S or the low mintage of the 1893-S. The main reason the 1891-O is my favorite morgan dollar is because of its rarity. Yes, the coin is rarer in mint state but not nearly as rare as a host of other morgan dollars. An ms64 can be had for $700-$900, while a 93-S can't be touched in ms64 for less than $100,000. However, finding a well struck and lustrous example of an 1891-O is much harder to find than a mint state 93-S. I have found only a few well struck 1891-O's over the years, and none graded higher than AU-55. Now I'm not saying that a well struck and lustrous 1891-O in mint state will ever bring remotely close to the amount of 1893-S in mint state. However, I have been searching for an1891-O of this pedigree for over 15 years and still haven't found one. The rarity of this coin may never be realized at any point in my lifetime, but it won't keep me from searching.

Saturday, July 13, 2013

Summer Fun Show

This year's summer fun show was excellent as usual. The bourse floor was busy throughout the show. Scarcer type coins were in high demand, especially PQ coins. Fortunately we were able to find some great type coins highlighted by our purchase of a beautifully toned capped bust dime in AU58. Silver and gold was much sought after with the low price levels, and despite summertime being historically a slow time for silver and gold demand. Gold and silver saw an uptick at the end of the week, which definitely increased the buzz on the bourse floor. Stop by the shop this week to check out our new arrivals.

Tuesday, April 9, 2013

Orlando Coin Dealers

Orlando Coin Exchange is located on South Orange Ave. just south of downtown Orlando. With nearly four decades of experience in trading Rare Coins, Currency, and Precious Metals, we are the authority and you'll get top dollar for your Gold, Silver, Precious Metals, Jewelry, Rare Coins, and Currency. Precious Metals are a vital safety net for many Americans when hard times hit. If you're looking to sell your Gold, Silver, or Jewelry then come in and see Jason & Jerry. Looking to buy? We have a huge selection of Rare Coins and Paper Currency as well as Gold, Silver, and other Precious Metals. We are family friendly, owned and operated. Bring the kids with you, they can look through the kid's coin bin to start their own coin collection! ORLANDO COIN EXCHANGE, 6301 SOUTH ORANGE AVENUE, SOUTH OF DOWNTOWN ORLANDO.