Episode Description
Morgan Dollar Collecting: Insights from Expert John Baumgart
Discover expert tips on identifying, grading, and investing in Morgan Dollars. John Baumgart shares decades of experience, revealing how to recognize quality coins, understanding varieties, and the importance of quality photographs in sales.
In this episode:
The significance of type coins, with focus on the 82S Morgan Dollar MS68
How specific minting flaws like wheel marks and die polishing lines reveal a coin's history
The story behind GSA Carson City dollars and their market impact
Tips for detecting dipped or cleaned coins using surface inspection techniques
The importance of variety knowledge, such as the 78-P with deep mirror finish and the 21-S "ugly" coin
Recommendations for essential books: Wayne Miller’s Morgan and Peace Dollar and the latest Red Book edition
Expert advice on buying high-quality Morgan Dollars and the value of patience and eye for detail
Timestamps:
00:00 - Introduction and guest background
02:09 - The allure of Morgan Dollars and collecting journey
02:51 - What makes a perfect type coin? Focus on MS68 82-S
04:37 - Recognizing proof-like versus lustrous coins
05:41 - Toning characteristics and the GSA Carson City dollars
10:01 - Deep mirror proof-like 84-CC and its market value
10:51 - Grading insights: what affects coin grades?
12:00 - How to identify and sell high-quality Morgans
13:07 - The importance of quality photography for sales success
14:58 - A detailed look at the 78-P with VAM 14-4 die variety
21:13 - The iconic 85-O Morgan Dollar with toning
25:43 - Recognizing the rare 21-S "ugly" Morgan Dollar
33:44 - Identifying signs of dipping and cleaning
37:31 - Collecting the 92 S Morgan Dollar variety
48:45 - Die polishing lines versus post-mint cleaning marks
50:28 - Recommended reference books for Morgan collectors
53:47 - Final advice for collectors: focus on "special" coins
Resources & Links:
Wayne Miller's Morgan and Peace Dollar
Morgan Dollar Red Book (Search for the latest edition)
VAMworld - John Baumgart’s profile (messydesk)
Connect with John Baumgart:
Email: john@varslab.com
Where to find Tony and Cabbage Coins:
https://cabbagecoins.com/
Email: tony@cabbagecoins.com
IG: @cabbage_coins
Note: Always examine coins in person or through high-quality images, and consult resources for variety and grading details before purchasing or selling.
Intro Music - "Obverse Fields" by Timothy Gryckiewicz