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Replies: 32 / Views: 4,824 |
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Pillar of the Community
United States
3294 Posts |
The 1899 Morgan dollar is a key date if it is from Philly. Check for a mint mark under the eagle, and hope you don't find one :)
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Pillar of the Community
United States
2541 Posts |
Looks like nothing special - I'd certainly pass on the LMC's. BadThad might take the UNC rolls off her!
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Pillar of the Community
United States
1053 Posts |
I would offer her $20 at the most. Make it seem like she's getting a good deal
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Pillar of the Community
United States
4846 Posts |
OK, buy ALL silver. any Kennedy halves '69 and older ('64 halves are 90% AG.) any other halves are 90% AG. leave the wheat's. leave the LMC's. if you like steelies, take them. take ALL of the liberty dollars. ALL of the other dollars from 1921 and older ( Morgan dollars are what they are commonly called) and all of the Franklin halves. i would definitely offer way more than $20 because there is A LOT of silver. i would offer around $250- $260
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Pillar of the Community
United States
543 Posts |
Get them as cheap as you can, her ignorance is your advantage. Who cares what everyoen thinks. There are a few dealers, here, let them tell you what they pay people. My point is if your only in for profit doo what the dealers do, albeit if your just a collector then pay fair. FYI not trying to offend any dealers.
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Pillar of the Community
United States
2669 Posts |
Quote: Get them as cheap as you can, her ignorance is your advantage. Who cares what everyoen thinks. The simple fact he is asking here for advice shows he is made of sterner stuff than a take-everything-you-can-get-for-free-and-run person. Having a conscience is a good thing.
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Valued Member
 United States
447 Posts |
I forgot all about updating this until I just saw that someone posted another suggestion. Fact is, this deal was done more than a month ago. I asked her what she wanted for everything. She said $100. I told her that was too little and offered her $250. She said no, and would not take more than $150. I paid her and left smiling. Big time.  Sorted through the pennies and found some very nice keepers and some to upgrade my Lincoln Memorial BU roll set. Stashed the silver and deposited the junk at my dump bank. Not a bad days work I'd say. I also ran across a small jackpot of silver after the Jimmy Buffett concert in Cincinnati on Monday night, but that's for another thread.
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Pillar of the Community
United States
2669 Posts |
Quote: I told her that was too little and offered her $250.
She said no, and would not take more than $150.
I paid her and left smiling. Big time. I'm sure! And excellent way to have handled it  Thanks for the update 
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Pillar of the Community
United States
1409 Posts |
excellent! Its nice when both parties feel happy with the deal.
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Pillar of the Community
United States
1080 Posts |
Sounds like you handled it well. I respect the time & effort you put into arranging a fair offer, glad it worked out so well for everyone!
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Pillar of the Community
United States
625 Posts |
Where are all the little old ladies looking to unload their collections when I am looking to buy?
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Valued Member
United States
470 Posts |
When people say this "1) don't really have the time" I always have to laugh at how rediculous it sounds.
If you think about it, we each decide what is important in our lives. We rank importance by how much time we allocate it. If it really important to you or your loved ones, you find the time to do it.
It sounds like whatever time you ended up devoting to this, you made out like a bandit. I'll take $300 worth of silver for $150 any day of the week.
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Pillar of the Community
United States
1599 Posts |
We never know when we will be faced with decisions that demonstrate our character. IMHO you did the right thing and the benefits are far greater than the coins you bought.
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Moderator
 United States
15466 Posts |
Indeed ... well done.
Being true to a moral compass means you can look yourself in the mirror and be proud of your actions.
David
Take a look at my other hobby ... http://www.jk-dk.art
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Valued Member
United States
323 Posts |
I think you did the right thing - Did you determine whether or not the value of the coins is higher than what you paid? Based off of a quick calculation I think it is
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Replies: 32 / Views: 4,824 |
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