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Where Is The Best Place To Sell Morgans?

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Author Previous TopicReplies: 28 / Views: 2,382Next Topic Page 2 of 2
Valued Member
United States
380 Posts
 Posted 12/20/2012  12:32 am  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
I just noticed that today the sale prices seem to be dipping a little on morgans at ebay. It made me a little nervous. I am new to this and your advice helps to ease my nerves.
Pillar of the Community
United States
3755 Posts
 Posted 12/20/2012  12:37 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list

Quote:
we still have the right to bear arms to defend ourselves
For the moment. S&W MP40 is my constant companion.

If you want cash, then Craigslist or even the newspaper is about your only choice outside of having a local dealer sell them on consignment. But the dealer is going to charge a minimum of 10%.

Pillar of the Community
United States
3755 Posts
 Posted 12/20/2012  12:37 am  Show Profile   Bookmark this reply Add smokeriderdon to your friends list
Oh yeah, double post. LOL
Edited by smokeriderdon
12/20/2012 12:38 am
Valued Member
United States
380 Posts
 Posted 12/20/2012  01:13 am  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
Thanks everyone for your advice. I really enjoy collecting. I just started this year with a bullion purchase to hedge for inflation. Once I had the coins I was hooked and started buying Morgans and WLF's.
Valued Member
United States
380 Posts
 Posted 12/20/2012  01:14 am  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
I meant WLH walking liberty halfs
Pillar of the Community
Canada
1411 Posts
 Posted 12/20/2012  11:59 am  Show Profile   Bookmark this reply Add Windchild to your friends list
I'd wait a little bit to sell... Silver is in a dip.. Good time to buy... not a good time to sell!
Pillar of the Community
United States
919 Posts
 Posted 12/20/2012  12:18 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list
If they are common Morgans you will be lucky to get $30 before fees now. If they are MS grade you may still get $40ish but that is changing daily. Silver is down 10% just this week. Melt is now around $23. Most guys that post on this site say they only pay melt or a little above for Morgans.
Valued Member
United States
380 Posts
 Posted 12/20/2012  12:26 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
I will wait a while a hope for the best. When the world doesn't end in a few days, maybe the price will go back up. I really thought more people would be buying
with the supposed end of the world just days away. I guess there aren't many Mayans buying morgans. ;)
Pillar of the Community
United States
3253 Posts
 Posted 12/20/2012  12:39 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list
Sounds like a face-to-face sale would be best for you. If you arrive armed, you ought to be able to negotiate a price very much in your favor!
Pillar of the Community
United States
3755 Posts
 Posted 12/20/2012  1:43 pm  Show Profile   Bookmark this reply Add smokeriderdon to your friends list

Quote:
If you arrive armed, you ought to be able to negotiate a price very much in your favor!


You know, I wish that worked at the grocery store. They pretty much don't even give the gun a second look.


Quote:
Most guys that post on this site say they only pay melt or a little above for Morgans.


That holds true if they are common date lower grade coins. AND if they happen to get lucky.
Valued Member
United States
380 Posts
 Posted 12/20/2012  2:32 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
I've been buying halves and morgans at or just above melt all day today on ebay. Can't pass up the chance.
Pillar of the Community
United States
919 Posts
 Posted 12/20/2012  2:33 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list
So $23 on the Morgans?
Valued Member
United States
380 Posts
 Posted 12/20/2012  2:39 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
I've been getting the halves at melt. The morgans At 2 to 4 above. If you just want silver Walking Liberty halves seem to be a really good option.
Pillar of the Community
United States
1510 Posts
 Posted 12/20/2012  2:44 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list
try collectors universe I sold a book of dimes and quarters in one day
Retired USAF 1983-2003
Valued Member
United States
380 Posts
 Posted 12/20/2012  2:50 pm  Show Profile   Bookmark this reply Add Arcticsparky to your friends list
Thanks Coinstar, I'll look into that. Holy Moly, I just looked at spot prices. They are nose diving.
I don't think I'll be selling anytime soon.
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