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 Replies: 17 / Views: 2,886 |
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Pillar of the Community
United States
3184 Posts |
Its a good deal and you can sell them easily later. Some people stack 90% junk silver, or bullion, its fun to stack morgans/peace. I did.........I have nearly 1,000 of them but I sold the majority to pay off some bills and all.
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Pillar of the Community
 United States
5680 Posts |
If you're sure they are all genuine and you have the time, you can't lose. You could sell most of them for a slight profit and keep the MS ones for free.
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Rest in Peace
United States
17900 Posts |
All or nothing at $20 each would probably be a nothing for me just because I'm prejudiced against Morgan's because of their availability.
Try calling a few dealers to see what they would offer. I doubt any will be at $20.
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Bedrock of the Community
13014 Posts |
What would your end goal be by doing so?
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Pillar of the Community
United States
3479 Posts |
For that type of transaction, I would be at spot but I would never tie up that type of capital for morgans. They're a dime a dozen. I pick them up out here from pawn shops at spot when they come in and quickly flip them.
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Pillar of the Community
United States
1316 Posts |
You can get them for less on facebook, there's tons of silver dollars going for $18.
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Rest in Peace
10197 Posts |
Auctions I frequent are selling by the boatloads at $18 and less. Now true there are BP's but the flipping profit for that quantity will be negligible, $2-4 per coin. Venture to say the MS/AUs will be 1921's, those are $16 at auction today.
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Pillar of the Community
United States
2214 Posts |
I'll tell you what I'd do with them--I'd pour them onto my living room rug and roll around in 'em!
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Pillar of the Community
Canada
5253 Posts |
I would be tempted if there is a good range of dates and MM and I was just starting a date/ MM set.
But then again I like Morgans.
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Valued Member
 United States
421 Posts |
Thank you for the feedback! I got them down to $18 each. I not worried about spending the money I want to get them for my 2 boys and give them to them when they turn 18. I have put other coins away for them and it may be something they want to keep or help put a down payment on a house after college, they are 6 & 7 years old now
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Pillar of the Community
United States
4469 Posts |
You made a nice buy at $18 each.
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Pillar of the Community
United States
3184 Posts |
good job, if you get your boys into coins, they will really enjoy what you did for them
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Valued Member
United States
104 Posts |
Great buy its a lot of fun. Enjoy with the boys.
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Pillar of the Community
United States
4211 Posts |
Nice nest egg for your sons! Congrats on the nice purchase.  |
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Pillar of the Community
United States
3479 Posts |
Sounds like you did well for your purposes! I don't know if you are purchasing from a trusted source and actually it wouldn't matter if you are but make sure you check each coin for counterfeits. If you're not sure how to, let us know. We will walk you through it.
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Replies: 17 / Views: 2,886 |
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Posted 04/21/2018 3:32 pm
