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 Replies: 12 / Views: 2,589 |
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Valued Member
United States
103 Posts |
3 circulated, no mint mark Peace dollars (1922, 1923, and 1924) sold for 100 dollars on ebay. Kind of high dont you think? Especially for 90% silver coins that are circulated and lack mint marks... |
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Valued Member
United States
102 Posts |
I wish I could sell all my culls for those prices...
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Valued Member
 United States
103 Posts |
I mean they were in good condition, and in cases, but 100 bucks? thats more than spot price for 3 full ounces of silver
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Valued Member
United States
259 Posts |
I got $30 each for those same dates from a local coin dealer last week. So $100 for three is only a little high. (Had I sold them the week before, when silver hit $49, I would have gotten $40 or better).
Maybe the buyer expects the price of silver to go back up.
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Valued Member
United States
287 Posts |
Yeah, There is quite a premium on any physical silver lately as far as I've seen...and Peace dollars always command a premium. Also, silver closed at $35 today, so 3 full ounces would be $105 |
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Pillar of the Community
United States
4008 Posts |
Quote:and Peace dollars always command a premium. Personally, I don't find " Peace dollars" all that attractive. Yes, they do have about 3/4 oz. of silver in them but so do the Morgan silver dollars and their design is MUCH nicer, IMHO. So... what is it about the PD's that command a premium? Low numbers minted or survive? |
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Pillar of the Community
United States
3670 Posts |
I have been watching the Peace dollars as well, and I have seen some bring 40 a piece.... Silver has been hanging around 35 for some time now, and I have not seen the prices fall on ebay much at all, minus simple easy to get silver rounds, that go for a couple bucks over spot. But the nice stuff, like a gold plated silver coin or Britannia's or lunar silver is still bringing huge premiums, and the 90% stuff is not really all that cheap anymore.... At least with the Peace and Morgans, it is a dollar instead of half, so a bit more silver.... Here is an example, lets say you go after Franklin's halves with 200 to spend, with 15 your total to bid shipping and all, and you land say 13 total Franklin's at 195 bucks. There is 20 in a roll, say 7 more at around 300 bucks for entire roll. For that kind of money, I would prefer to get a nice gold coin, or some nicer quality high end silver, maybe only five or six ounces instead of seven plus, but a small price to pay for the nicer stuff IMO. To each their own of course, this is just how I think.... Another words if one forks out 100 to 120 for 1 oz. of Britannia gold plated silver, it is gonna bring at least that one day on re-sale, and in years down the road who knows what that 1 oz. could be worth.... So in the end, would you prefer three average easy to find common silver rounds or bars that are always just gonna be worth a couple bucks over spot, or a 1 oz. piece of hard to find limited edition silver, with some 24k gold mixed in that looks 10 times better than the fore mentioned? I also want one of those great 4 oz silver Liberty coins, plated in platinum. Nice two birds with one stone angle on 4 oz of silver at one time, with some platinum for a bonus.... |
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Valued Member
United States
309 Posts |
I really don't care for plating of any kind. When I want silver I buy silver, when I want gold, I buy gold. Same for any other metal. Just me.
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Valued Member
United States
62 Posts |
Silverhawk74 I just saw one of those 4oz Liberty coins sell on ebay a few days back for only a few dollars over spot. My phone was too slow and I missed the bid by ten seconds! ARgghhh! |
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Pillar of the Community
United States
3670 Posts |
I hear you HermanWilliams, as I think that way most of the time, but I have no platinum, and don't plan on re-rooting any money to invest in it, so to get a 4 oz. platinum plated silver coin would just be a neat addition to my collection. I love the shinny look of plat, and the design on those liberty coins.... Crownman, here you go my friend your next possible window, four different auctions, one fellow has three of the four.... http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:ITO.K., this is the fellow with three of them, and they all have coa's and nice box, hence the price of 180 starting bid. One of the three has a bid, so two still wide open, and 180 is not a bad deal right now for a four oz. silver round, plated in platinum, on ebay anyway.... http://cgi.ebay.com/Giant-4-oz-999-...em3a661b1b58And this below is a real gem! I must like most of you guys, to share this link. The price will probably keep most of you away, as it has me thus far, lol.... http://cgi.ebay.com/ws/eBayISAPI.dl...TRK:MEWAX:IT |
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Pillar of the Community
United States
4008 Posts |
Quote:
So in the end, would you prefer three average easy to find common silver rounds or bars that are always just gonna be worth a couple bucks over spot, or a 1 oz. piece of hard to find limited edition silver, with some 24k gold mixed in that looks 10 times better than the fore mentioned? - Silverhawk I guess that all depends on WHY a person is collecting in the 1st place. I see your point and respect it. If that is what you prefer, great, no problem. As for myself, I prefer to have nice coins too. I prefer the BU coins but F-XF is also nice for the older coins that are harder to find. I collect silver for use as barter in an O-S situation. If I never need it, that will be fine with me and the grand kids can have it for their stash. If I do need it, then having it will be WAY better than not having it. Because of this, I prefer ASEs and the 90% quarters and halves and even some dimes. They will always be spendable.  |
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Pillar of the Community
United States
3670 Posts |
No I agree with the barter situation Ed, hence all my silver mostly being in just 1 oz rounds, and what little gold I have in small gold coins, as large as 1 10th an oz. and as small as 3/4 a gram. I am closing in on 20 grams of gold, and that is in 15 individual coins or bars....
And I to plan to add some of the 90% stuff as well in time, and have a few of the simple bars and coins worth little over spot. With the 90% you have the key dates to find, and the pure coin collecting factor, and the price....
One thing is for sure, we would get to 1000 oz. way faster by putting all the premium stuff behind, and just going 90%, but I just love the collecting angle to much of the nicer proof and cameo slabbed coins, or nice boxes etc.. Like you said in the end to each their own, and individual thinking is what makes us such a successful species. If we all thought the same way, the world would be a boring limited place. It is important that one person is born to explore, and the next is born to help others and becomes a doctor, and so on. With out that versatility of thinking, we would not have advanced so far as a species....
Edited by Silverhawk74
05/20/2011 01:33 am
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Pillar of the Community
United States
4008 Posts |
Quote:
With the 90% you have the key dates to find, and the pure coin collecting factor, and the price.... - Silverhawk Yes, there is that aspect for coin collectors. As a bullion collector, I don't get too excited by "key dates"... a silver half dollar being a silver half dollar to me, no matter what date it happens to be. I do like them to look nice, though, so don't buy the cheaper grades of coins. Maybe that is my form of coin collecting? I spend some time looking at my small collection now and then and it is nice to really like what I am seeing... even if they did cost a bit more than circulated "bullion" coins that contain the same amount of silver but are all beat up.  |
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Replies: 12 / Views: 2,589 |
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Posted 05/18/2011 9:02 pm
