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 Replies: 19 / Views: 4,002 |
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Valued Member
United States
205 Posts |
Hi all,
So, my local 'We buy Silver' places does a small trade in silver coin.. and I buy occasionally.. He generally charges $20 for both ASEs, Morgan/Peace and generic silver rounds.. whatever he has in at the time..
Now - he has quite a large amount of all the above.. So what is best to get?
Obviously the Morgans/Peace are a range of ages/qualities.. No rares (I looked).
Range of generic, but a couple of nice Prospectors
I know everyone collects for different reasons, etc.. But as a straight fight, between ASEs and 'reasonable' Morgan...?
hit me....
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Valued Member
United States
449 Posts |
You could cherrypick the Morgan/Peace Dollars for VAMs. Any find at that price is awesome!
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Rest in Peace
United States
7075 Posts |
I'd get the Morgans. I like old stuff and I am assuming that the Morgans are worn from circulation but not scrubbed clean with silver polish.
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Valued Member
 United States
205 Posts |
Yep - the Morgans are genuinely worn, or close to UNC. As an example I just got two 1921s, 1 UNC and one close to UNC..
VAMs: Thats a whole new level of fun!
Two votes for the old silver..
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Pillar of the Community
United States
2130 Posts |
Morgan's for sure at $20 a piece.
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Moderator
 United States
56855 Posts |
If your getting them strictly for the silver then go for the ASE because they contain more silver don't they? I would get the Peace dollars first then the Morgans then the ASE,IMHO. John1  |
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Pillar of the Community
Canada
3049 Posts |
The answer is you buy it all !! That's my answer to your question... now where's my $20! (If I read the title correctly I am now entitled! bawahah ohh I'm killing me!) Okay seriously... $20 for a morgan is pretty good price and you just can beat old silver.. But morgans are .78 'ish ASW or just shy of an ounce in 'em... So getting ASE for $20 is boarderline.. I'm not sure what the local dealers charge with their premiums but if spot is around $16 with premiums you may be able to get the ASE cheaper at a dealer.. But I would be happy to pay $20 for a morgan I haven't checked the completed sales from ebay recently but that's at a price point where if you buy enough on volume you could also probably flip for a profit as well.. |
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Pillar of the Community
United States
8137 Posts |
If you plan to buy these to stack silver then I would get the ASEs. (they have more silver at the same price) If you are adding to a collection then I would get the Morgans or the Peace. Maybe you can start a set of Peace dollars. |
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New Member
United States
45 Posts |
i say morgans all day at 20 bucks!
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Pillar of the Community
United States
4333 Posts |
Either one, but study up on your counterfeits first.
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
205 Posts |
So, what I am reading, and thinking is.. Generic: No real win there.. I saw a coupld of 80s Prospector rounds that are mildly collector, and would add to those that I have. but new and generic.. nah. ASE: Borderline.. I would still go for the 90s, because of the age. Condition seemed good. Also a 2005 Maple. thats scratched but an add to the collection. Morgan and Peace. I was assuming that cull, or close to cull would be borderline, so was cherry picking. I am aware of the VAM aspect, but thats a different level. The guy was nt too keen to let me pick through in too much detail. As its a 'we buy gold' place, I am having to do this through a safety barrier, I can handle them, but its not free and open. The 1921s were a safe option, on conditon.. but there was some older Morgans that I should look at again.. Most of the Peace were 22 and 23... I only like to buy a couple at a time.. Good times, its a good problem to have. |
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Valued Member
United States
170 Posts |
The best I have seen on ASE is $95.00 for 5 (2015) and $92.95 for 5 (2015) Maples unless you buy like 20 and get a better deal.. 10oz bullion bars is the best price if your after silver .. |
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Valued Member
Australia
208 Posts |
I would go with the Morgans, especially if some are Uncirculated, or nearly so. $20 for nice Morgans = pretty good deal for any shop. $20 for ASE's = OK, but there might be better deals out there. $20 for rounds = definitely too much. |
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Valued Member
292 Posts |
$20 ASE is a pretty decent price, but I don't feel like this coin can net what a classic collector coin like a Morgan would. So I'd have to agree that a Morgan may be a good deal. I personally stay away from all 1921 Morgans that I find even in great condition. I also stay away from all 1922/1923 Peace dollars. I think that eventually Peace dollars will go up quite a bit in price due to them being somewhat short in their years and several dates only have 1 million or so in them and they still sell for cheap. EDIT: I should mention that I just picked up 5 Morgans of varying dates (no key) for $20 each and all in a nicer condition with very little wear. Also I got a 1924 Peace dollar for $17 and a 1940 Walking Liberty half dollar thrown in for $3 Edited by JoggingLiberty
04/22/2015 6:42 pm
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Pillar of the Community
United States
4333 Posts |
Make sure you take a strong magnet, unless you are afraid to tick off the seller.
I asked my LCS the price of a 10 oz Sunshine bar. "$14 dollars" he said, of the bar he had on display. "It's nickel".
When I listen to LED ZEPPELIN...so do my neighbors...
Roll hunting since '77
Dirt fishing since '72
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Valued Member
United States
205 Posts |
So, 1921 Morgans, are they generally lower prices in LCS now? I don't shop around form them much. Less potential?
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Replies: 19 / Views: 4,002 |
Posted 04/20/2015 3:46 pm
