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Replies: 39 / Views: 6,566 |
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Pillar of the Community
United States
4883 Posts |
Darth Morgan said: Quote: If my LCS sold Morgans for $18 I would clear out the bin. I'm not even kidding. Bought out of a shop's $18 "cull" tray today (their asking price, possibly could haggle to get, like, 3 for $50). Even with silver prices up a bit since this thread was started, this is more or less where the market continues to be at in my area for less than AU/MS specimens (and this one might, well, at least if the grader had a hangover, be an XF/AU wobbler - it actually looks a lot better in the hand than it does in these "quickie" photos, some nice luster and the peripheral toning has a pleasing iridescence to it). But the price is no big deal in these parts, although in the interest of full disclosure, the Morgans that turn up at this price point are mostly VF/XF 1921's - but they're still Morgans.   Can't tell you how tempted I was to post a picture of another coin's reverse with a "CC" mintmark.... 
Colligo ergo sum
Edited by Lucky Cuss 01/24/2015 08:08 am
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New Member
United States
15 Posts |
ON the wholesale market culls are being bought around 17 and VG's around 22. 1921's are a little less.
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Pillar of the Community
United States
1391 Posts |
At my LCS, they have two "worn out" bins for Morgans that, until recently, held a decent variety of dates.
Some cleaned, some not. I filled about a fourth of my Morgan Dansco set from there.
Those fluctuated, but are around $21 now. They also only have 1921s. Other collectors and myself basically cleaned them out.
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Pillar of the Community
United States
1373 Posts |
The shop I go to had them (all commons and in VG or lower condition) at $15 a month ago, but I'm guessing they increased to $15.50 or $16.00 each since then. My last purchase was a high-grade 1925 Peace dollar for $19.00.
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Pillar of the Community
United States
2815 Posts |
Quote: The shop I go to had them (all commons and in VG or lower condition) at $15 a month ago, but I'm guessing they increased to $15.50 or $16.00 each since then.
Wait. What? Are you serious? Oh goodness. That would have made my year! Did you get any? @Lucky Cuss- I just purchased an 1887 this week that looks remarkably like your 1889- same condition and greenish tone around the periphery.
Edited by Darth Morgan 01/25/2015 5:45 pm
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Pillar of the Community
United States
4883 Posts |
Quote: @Lucky Cuss- I just purchased an 1887 this week that looks remarkably like your 1889- same condition and greenish tone around the periphery. Was it $18, too?
Colligo ergo sum
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Pillar of the Community
United States
2815 Posts |
Quote: Was it $18, too? Ohhhh, how I wish.  The seller didn't take a very good picture of the coin in its slab (very dark), but it was TrueViewed by PCGS:  It is a very odd-looking Morgan. Some, no doubt, would replace the word "odd" with "ugly", but this one speaks to me. If you scroll through all the 1887 images in PCGS's database this one definitely sticks out like a sore thumb. To me, it looks like it's made out of stone. It graded MS63. I love the smoky gray color. I'll take my own photos when it arrives.
Edited by Darth Morgan 01/25/2015 7:47 pm
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Pillar of the Community
United States
4883 Posts |
Even with silver up a bit, here's an example of what can still be consistently found in my area. Scarcer issue or high MS? No, but still definitely an unimpaired UNC, albeit a typically mediocre strike with a tiny rim ding on the obverse between 7 and 8 o'clock. Anyway, it set me back just a green portrait of Andrew Jackson today. My confession is that it was cherrypicked from the silver dollar "cull" bin consisting of mostly XF common Peace dollars and 1921 Morgans all at this same price point, with this one simply being easily the best of the bunch.  
Colligo ergo sum
Edited by Lucky Cuss 02/14/2015 08:23 am
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Pillar of the Community
United States
4883 Posts |
For what it's worth, I see that as of today, APMEX is selling their Peace/Morgan culls for $22.93 with free shipping. Of course, as opposed to rummaging through your local dealer's culls, you have no control whatsoever over what you get, but that price point is worth keeping in mind, anyway.
Colligo ergo sum
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Valued Member
 United States
252 Posts |
Hi all, I've been away for a while. I talked to my retiree friend and as I was able to sell over $400 worth of his coins, he is going to set me up at $15 a Morgan/Peace. Now you saw the earlier pics that I posted of what I bought from him and what he has left is around the same or a bit worse. I figure at 15, I'll take them all slowly.
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Valued Member
United States
194 Posts |
For 15 dollars a piece I would take them all quickly!
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Pillar of the Community
United States
1021 Posts |
I picked this one up for $30 today. With some nice rim toning on both sides. Don't see Peace dollars looking like this very often for that price. Its not an MS65 by any means, but its definitely MS. Had to snag it for the Dansco 7070. Pics are not great....taken with iPhone 6+.  
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Valued Member
United States
194 Posts |
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Pillar of the Community
United States
2815 Posts |
$30 for that Peace dollar? Dang, now THAT is a score. I would have bought that on impulse.
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Valued Member
 United States
252 Posts |
I just have to pull together the money to buy them all. He has around 15 that he is willing to sell and I'm still recovering from the very expensive anniversary and then Valentine's Day expenses. But I will be buying them and I'll share pics as I pick them up.
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