Coin Community Family of Web Sites
Coin Community Forum
Username:
Password:
Save Password
Forgot your Password?

Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

10 morgan dollars or 1/4oz of gold

Next Page    
To participate in the forum you must log in or register.
Author Previous Topic Topic Next Topic
Page: of 2
Pillar of the Community
Canada
1727 Posts
 Posted 03/29/2012  7:45 pm Show Profile Bookmark this topic Add coincollect1 to your friends list Get a Link to this Message

I can probably get 10 silver Morgan dollars for melt and some can be pretty nice, or should I get a Canadian 1/4oz maple leaf? which will be a better investment? And gold is down so I thought this is the right time to buy. Thanks

Pillar of the Community
United States
1688 Posts
 Posted 03/29/2012  8:18 pm  Show Profile Bookmark this reply Add CoinHunter53562 to your friends list Get a Link to this Reply
There's quite a price difference here. 10 Morgans at melt would be roughly $245-$250. 1/4 oz of gold would be $415 before any premium. I don't think you can wrong with either, and it just depends how much you are willing to pay. I like both personally. :P
Valued Member
Canada
178 Posts
 Posted 03/29/2012  8:19 pm  Show Profile Bookmark this reply Add ztt2 to your friends list Get a Link to this Reply
I would say if you already have a decent amount of silver handy, to go for the gold. Never hurts to be diversified. Otherwise go for the Morgans.
Valued Member
United States
106 Posts
 Posted 03/29/2012  8:39 pm  Show Profile Bookmark this reply Add silverguy to your friends list Get a Link to this Reply
If you can get Morgan dollars for melt I would do that. That is difficult to come by. Usually Morgans carry a $2-$3 premium.
Pillar of the Community
Canada
4313 Posts
 Posted 03/29/2012  9:13 pm  Show Profile Bookmark this reply Add Canadian-Banknotes to your friends list Get a Link to this Reply
I would personally go for the Morgans. IMO, there is more potential to make money with silver.
Want to Buy: PCGS Graded 1878-S Morgan dollar (PO-01)
Pillar of the Community
1283 Posts
 Posted 03/29/2012  9:15 pm  Show Profile Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
If you can really get Morgans for spot its a no brainer, go with the silver.
Rest in Peace
United States
9104 Posts
 Posted 03/29/2012  10:22 pm  Show Profile Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
, silver has more % upside potential.
Pillar of the Community
Canada
1727 Posts
 Posted 03/30/2012  08:25 am  Show Profile Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
I guess im going morgans. He might only have 10 left so we will see. If I have money left over, he has 1 gram bars of gold. And also im trading in a coin for a silver bar. Tomorrow is going to be a good day.
Pillar of the Community
1283 Posts
 Posted 03/30/2012  08:36 am  Show Profile Bookmark this reply Add throwbackid to your friends list Get a Link to this Reply
Stay away from a 1 gram. The premium is to high and it is just tiny, no need to own IMHO.
Pillar of the Community
United States
1429 Posts
 Posted 03/30/2012  09:00 am  Show Profile Check traevin's eBay Listings Bookmark this reply Add traevin to your friends list Get a Link to this Reply

Quote:
Stay away from a 1 gram. The premium is to high and it is just tiny, no need to own IMHO.


Pretty solid advice. I'd go with the majority of posters. The Morgans present better upside. Silver has a long way to go before it reaches its historic ratio with gold.
If you haven't noticed by now, I don't proofread veery well and I apollogize profusely. (;>D
Pillar of the Community
United States
3670 Posts
 Posted 03/30/2012  10:36 am  Show Profile Bookmark this reply Add Silverhawk74 to your friends list Get a Link to this Reply
Nothing beats a nice high quality Morgans IMO. And hands down I would take ten nice Morgans today, even though I would have took the gold a year ago. Graded pref, if not o.k. as well. Coins well over a hundred years old still in nice shape, a special thing as most if not all were circulated an used, via clanked around in pockets, etc....

I feel people will always pay a solid premium for a nice high grade Morgan with either a blast white appearance great color or a real key date or error or something along those lines.....

Edited by Silverhawk74
03/30/2012 10:38 am
Pillar of the Community
United States
2665 Posts
 Posted 03/30/2012  12:18 pm  Show Profile Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
I like both, so get some morgans this time and next time get the gold.
Valued Member
United States
140 Posts
 Posted 03/30/2012  2:30 pm  Show Profile Bookmark this reply Add cjtm92 to your friends list Get a Link to this Reply
I would say go for the Morgan dollars, unless they are really worn. The Maple Leafs are nice coins and it's pretty cool to have a 9999 pure coin, but getting Morgans at spot price isn't common these days. Also, there is strong belief there will be a higher upside on silver than gold. I would definitely get the Morgans.
Pillar of the Community
Canada
1727 Posts
 Posted 03/30/2012  4:01 pm  Show Profile Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
we'll see what he has tomorrow. Ill make a new thread about what I got. And I believe he has some nice Peace dollars too. And also he has all sorts of gold coins that are probably from the $100-$1800 dollar range. So ill see what he has.
Pillar of the Community
United States
4008 Posts
 Posted 03/30/2012  5:52 pm  Show Profile Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
The nice thing about the Morgans is that it is possible to sell a few of them if you need some cash. With the 1/4 oz. gold coin, you have to sell it all to get cash from it. Might never be a problem but if it was, the Morgans would allow you to sell some and keep the rest.

I like silver a lot and have a good amount of it. Because I have no gold at all, the gold would be pretty tempting.
Pillar of the Community
Canada
1727 Posts
 Posted 03/30/2012  6:18 pm  Show Profile Bookmark this reply Add coincollect1 to your friends list Get a Link to this Reply
So im going to go there, and see if he has some good EF+ morgans for sale and if he does ill get them. But if he doesnt ill get the gold.
Page: of 2 Previous Topic Topic Next Topic  
Next Page    
To participate in the forum you must log in or register.
SELECTED Modern WORLD Coins with LOW MintageSWCoins - We Love CoinsCoinSniper.com is the numismatic penny auction.American Silver Eagles only $2.49 over Spot!Coins Commemorating the 2014 Sochi Winter Olympic Games
Coin Community Member eBay Sales - Only CCF Members Included Here
Ending Soon   Newly Listed   Lowest Price   Highest Price  
Certified Coins   Certified VAMs   Certified Errors  
New Forum Topics Recently Active Forum Topics




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2014 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use
Coin Community Forum © 2005 - 2014 Coin Community Forums Go To Top Of Page
It took 2.09 seconds to rattle this change. Powered By: Snitz Forums 2000 Version 3.4.05