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 Replies: 24 / Views: 2,816 |
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New Member
 United States
8 Posts |
Quote:
It's not that they are dishonest... rather than its about business to take all of it in, and if there are some trinkets along the way it helps to keep the expense of overhead (cost of operation and rent)... Well I think the very fact that it was a free appraisal service gave him added reason to not want to bother with specific dates/mints of the coins. Of course it's not some massive feat of dishonesty, but it's still not completely honest, either. Before I go ahead and post the remaining 18, is the quality of the scans sufficient? |
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Pillar of the Community
United States
3076 Posts |
While many years are subject to die varieites, I'm thinking, and not conclusively you may have VAM 7 or 13..Not the great bread winners but still cool by there own right,, all years have there varieites...Some sought after some very commonly found...It's the checking if you have something of value that's the important issue...such as $20 buck offer for an 1878-CC...  I'll give you $22.50......Just Kidding....  off the top of my head its probably a $100 coin..but don't quote me.. just trying to let you know some years and mints or mint marks are worth more..if you don't know what those are. then SCRAP value is what you will be offered......No offence intended... |
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Bedrock of the Community
United States
10982 Posts |
Assuming they are well circulated, and not speaking of varieties, the $20 offer was fair on all but the 2 coins you posted pics on. If the common-date pieces (which includes all but the 2 in the pics) are in Very Fine or better condition without problems, the value can increase quite a bit.
The 1878-CC looks VF+ and is worth $100 easily. The 1902-S looks F+ and is also worth around $100. Best of Luck!
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New Member
United States
8 Posts |
Here are 2 out of the more common dates. Any thoughts on their VAM or condition is definitely welcome and appreciated: 1878-S   1879   |
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Bedrock of the Community
United States
14454 Posts |
that 1878-S looks pretty close to Uncirculated and I am inclined to call it at least AU (Almost Uncirculated) knowing that scans do not show luster well. But either way there is no way they could say this one was in highly circulated condition. The 1879 is not heavily circulated either
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Pillar of the Community
United States
1374 Posts |
Dis - I recommend learning about VAMs and researching your coins yourself. The amount of knowledge you gain will be HUGE. If you don't research them now, you will kick yourself in the future and always wonder what you may have really parted with. Realize that you have a great opportunity to learn here. You have 20 Morgans to teach you, they are just sitting there waiting to reveal their secrets. Just look for them.
Learn what varieties, doubling, die cracks, gouges and clashes are. Look at your coins with a 7x or 10x loupe. Learn how to grade your coins.
If you learn these things, then you can be confident that no one can take advantage of you. If you don't learn these things, then expect those who have dedicated their lives to numismatics, acquired this knowledge, and spent the time to grade, research and find a collector for the coin to profit.
And to be fair, a $20 offer per coin is standard and virtually any dealer would have made that offer. Now, if you are smart enough to point to a certain coin and explain why it is worth more, then the dealer will be willing to work with you. Also, don't assume the dealer knows everything... especially at a gold and silver buyer or exchange. Most of them would give you $20 whether it was a MS64 84-S or a cull just because they have no knowledge.
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New Member
United States
8 Posts |
So I'm probably selling these 3 more common dates for melt value tomorrow. I would think that the current standard would be about $30 a coin. The couple places I've contacted do $25. Is this typically what others have been experiencing also? (2)1885   (1)1884   |
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Moderator
 United States
23522 Posts |
25x face value is about the general going rate for dealer silver purchases right now.
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New Member
United States
8 Posts |
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Valued Member
United States
368 Posts |
I hope you're not selling those beauties to a refinery for melting purpose....or even a wholesaler for melt purposes. Even common date Morgan's have a history to them. I would keep them all....the only thing I ever send to melt is broken jewelry. Buy a Morgan album and place those coins in it and forget about them for a few years. You'll thank me then! ;)
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Valued Member
United States
466 Posts |
it looks like you have some beautiful coins, hate it when coin guys low ball sellers
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Pillar of the Community
United States
2936 Posts |
Dissenter - drop me an email @ paleoguy45@yahoo.com about the Morgans.. I don't see how I can chat w/you via the CCF. Paleoguy45
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Pillar of the Community
United States
1510 Posts |
thats a fact Quote:
Even common date Morgan's have a history to them. I would keep them all.. Im glad you got on here and asked before you got hosed at $20 a piece Retired USAF 1983-2003
Edited by Coinstar
09/09/2011 9:06 pm
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Valued Member
United States
450 Posts |
My local dealer is buying any silver dollar in any condition for 30.00 each.
Any CC Dollar has a premium.
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Valued Member
United States
315 Posts |
Your common date Morgan will sell on ebay for $35+ shipping or more. I can see some of those selling for a lot more. Selling them to the local gold/silver/pawn place is $25-$30 |
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Replies: 24 / Views: 2,816 |
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Posted 01/16/2011 02:27 am
