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Posted 02/09/2008 02:27 am
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You are bidding on (1) half roll (10 coins) of Silver Dollar. These are mixed (1) Morgan, (1) Peace and (8) silver Ike dollars (the specially minted silver ones, not the clads, mostly 1971-S). This silver dollar roll has HUGE potential for retail value, especially with our economy on the brink of a recession, Silver could go THROUGH THE ROOF
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The wording is a tad short here, but I see nothing wrong really. He means that they are not the copper nickel clad but the silver ones.... which are silver clad..
Lets see
Coin flation lists the 40% ikes at $5.4107 silver value each
Peace and Morgan weigh in at $13.2337.
So doing some math.
Eight 40% Ikes
$43.2856
Two 90% Silver Dollars
$26.4674
Grand total of
$69.753 for melt value.
Now these coins can be worth more for their collectible value, lets do some ballpark figures.
Silver Uncirculated Ikes usually go for around $8 dollars each, maybe a couple more dollars if it's really nice.
VG peace and Morgan dollars can go for plus or minus 18 dollars. Much more for nice grades
I would say you paid a tiny bit much.... but you were not "taken to the cleaners" thats reserved for really getting taken.
Worse case you have sliders for the 90%, even then the Ikes did not usually circulate or get beat up. they are probably still worth 8 each.
Best case yours are worth more, especially if the dealer missed a VAM Morgan dollar. Post some pictures...
You are bidding on (1) half roll (10 coins) of Silver Dollar. These are mixed (1) Morgan, (1) Peace and (8) silver Ike dollars (the specially minted silver ones, not the clads, mostly 1971-S). This silver dollar roll has HUGE potential for retail value, especially with our economy on the brink of a recession, Silver could go THROUGH THE ROOF
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The wording is a tad short here, but I see nothing wrong really. He means that they are not the copper nickel clad but the silver ones.... which are silver clad..
Lets see
Coin flation lists the 40% ikes at $5.4107 silver value each
Peace and Morgan weigh in at $13.2337.
So doing some math.
Eight 40% Ikes
$43.2856
Two 90% Silver Dollars
$26.4674
Grand total of
$69.753 for melt value.
Now these coins can be worth more for their collectible value, lets do some ballpark figures.
Silver Uncirculated Ikes usually go for around $8 dollars each, maybe a couple more dollars if it's really nice.
VG peace and Morgan dollars can go for plus or minus 18 dollars. Much more for nice grades
I would say you paid a tiny bit much.... but you were not "taken to the cleaners" thats reserved for really getting taken.
Worse case you have sliders for the 90%, even then the Ikes did not usually circulate or get beat up. they are probably still worth 8 each.
Best case yours are worth more, especially if the dealer missed a VAM Morgan dollar. Post some pictures...
Edited by Alcochaser
02/09/2008 02:42 am
02/09/2008 02:42 am
