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How To Evaluate And Sell A Morgan?

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Valued Member
United States
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 Posted 05/29/2014  8:02 pm  Show Profile   Bookmark this reply Add AU90o to your friends list
Like what other had mentioned, the coin condition or grade makes a big difference in price.

Compare your coin with this link below to estimate the condition or grade.
(052) Not Allowed - Auto-Removed .com/How_To_Grade_Morgan_Dollars.html#.U4fJTPldVyI

With your estimated grade, look at numismedia.com for a ball park figure.
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 Posted 05/30/2014  2:56 pm  Show Profile   Bookmark this reply Add robandjeanne to your friends list
Thanks again for your comments. Since at last count we had silver coins totaling about 60 halves, 250 quarters, and 250 dimes; it might take awhile to list them all. However it might be easier to list dates and mints (and maybe how worn),rather than try to evaluate each coin against a most valuable list. Once in spreadsheet form it would be easier to post the list here and/or cross-reference against a most valuable coins list. So I'm now thinking more along the lines of your suggestions. Although it seems daunting, it might be easier to just list them all. Also, with hundreds of silver coins, even though you don't find a most valuable one, you might find quite a few that are higher than melt value. Since the one beneficiary who wanted to buy the silver at melt value, also likes guns, I'm glad we didn't sell them to the hole in the wall dealer at melt value. Aslo, this list would be a valuable impartial source to evaluate the silver. Once evaluated, selling them at anywhere near their value might be the next challenge.
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 Posted 05/30/2014  3:34 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list
Yes, creating a spreadsheet of the date, mint mark and quantity would make it easier for you to keep track of what coins are in the collection.

For example if you had silver Roosevelt dimes:
1946-D 2
1947-S 4
1948-P 1
1949-D 2
1951-P 8
and so on

Do you have access to a RedBook? It has pictures of where the mint marks are located on the coins if you're not sure where to look. The prices in it are outdated, but the basic info is the useful part.

-MV
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United States
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 Posted 06/04/2014  11:32 pm  Show Profile   Bookmark this reply Add robandjeanne to your friends list
*** Edited by Staff - Please Review the rules that you agreed to when you registered. ***
specifically the Buy/Sell/Trade section
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 Posted 06/05/2014  12:27 am  Show Profile   Bookmark this reply Add twohawks to your friends list
As a primary collector, I can't even begin to count the number of folks coming into a brick and mortar coin shop that had a Red Book price guild.

What is more common is that many jump right to the MS-65 pricing in this book. Understanding how to grade a coin is very important! Understanding grade sensitivity is just as important.

An 1880 P Morgan dollar in AU Almost Un-circulated condition is a 20 something dollar's coin and if its a "CULL" meaning wiped or cleaned the value drops into the teens. This same coin in MS-66 can sell for 3,200.00 to 3,500.00

If a coin is "Really Shinny" all over it has about 99.9% chance of being cleaned "never a good thing"

If a nice coin has even a little spot of ware and no wipes its an AU coin by most standards. Understanding the basic grading standards and removing and "Personal hopes on value" is the key to looking at any coin.

For the novice, the "Personal Value or Hopes" are sometimes impossible for the person to be objective. This forum is here to help people just like yourself. A better part of 90+% of the members are collectors, and have "No vested interest in your coin" But for anyone here to try and give you a value that would even be close to correct. We would all need to see high resolution photos of each coin with good lighting.
Edited by twohawks
06/05/2014 12:30 am
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 Posted 06/05/2014  12:39 am  Show Profile   Bookmark this reply Add robandjeanne to your friends list
I realize it is difficult to evaluate a coin without pictures, but wondered if it would be possible to get ballpark evaluations for the following estate coins:

1901 O Morgan Silver Dollar
1921 Morgan Silver Dollar
1922 Peace Silver Dollar
1923 Peace Silver Dollar
1926 S Peace Silver Dollar

1964 Kennedy Half
1964 Kennedy Half
1964 Kennedy Half
1964 Kennedy Half
1964 Kennedy Half
1964 Kennedy Half
1964 Kennedy Half

1917 Walking Liberty Half
1934 Walking Liberty Half
1935 Walking Liberty Half
1936 Walking Liberty Half
1937 Walking Liberty Half
.
1908 D Barber Half
1912 Barber Half

1897 Barber Quarter
1907 Barber Quarter
1908 Barber Quarter
1915 Barber Quarter

1930 Standing Liberty Quarter
1937 Standing Liberty Quarter

1877 Seated Liberty Quarter

1942 P Jefferson War Year Nickel
1943 P Jefferson War Year Nickel
1943 D Jefferson War Year Nickel
1944 P Jefferson War Year Nickel
1945 P Jefferson War Year Nickel

1910 Liberty V Nickel
1912 Liberty V Nickel
1912 D Liberty V Nickel

1912 Barber Dime
1937 S Mercury Dime

1916 Mercury Dime
1917 Mercury Dime
1918 Mercury Dime
1919 Mercury Dime
1924 Mercury Dime
1926 Mercury Dime
1928 Mercury Dime
1934 Mercury Dime
1935 Mercury Dime
1936 Mercury Dime
1937 Mercury Dime
1938 Mercury Dime
1939 Mercury Dime
1939 D Mercury Dime
1940 Mercury Dime
1941 Mercury Dime
1941 D Mercury Dime
1941 S Mercury Dime
1942 Mercury Dime
1942 D Mercury Dime
1942 S Mercury Dime
1943 Mercury Dime
1943 D Mercury Dime
1944 Mercury Dime
1944 S Mercury Dime
1945 Mercury Dime
1945 S Mercury Dime

1937 D Buffalo/Indian Head Nickel

1910 Lincoln Cent
1912 Lincoln Cent
1937 S Lincoln Cent
1937 D Lincoln Cent
1971 Lincoln Cent Masonic
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1234 Posts
 Posted 06/05/2014  01:47 am  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list

Quote:
ballpark evaluations


these are the low-ball prices I would have to pay at my local coin shop for each of these

Silver Dollar 20-22

Silver Half Dollar 9-10

Quarter 4-5

Dime 1.75-2

Silver War Nickel 1.25-1.50

Non silver Nickels 2-3

Lincoln Cent pre 1930 25 cents each, post 1930 5 cents each

1971 Lincoln Cent Masonic... worth a cent, maybe more if you take it to a coin show and con someone into thinking it magical


SO to break it down (using the high end)...

Silver Dollar- $110
Silver Half Dollar- $140
Quarter- $35
Dime- $58
Silver War Nickels- $7.50
Non silver Nickels- $11
Lincoln Cent- 60 cents maybe a dollar

So around $362 of course this all depends on condition, it might me much lower.

Interesting no Roosevelt dimes or Washington quarters? There are some Key dates there too.

Speaking of quarters...




the last SLQ was made in 1930
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 Posted 06/05/2014  2:04 pm  Show Profile   Bookmark this reply Add twohawks to your friends list
If all of the coins are Circulated then unless there is some rare die type on one of the coins I would air on the low side. They look to be common date coins and Un-Circulated coins are not hard to fine in mid MS grades fairly cheep. That make the Circulated ones fare less in demand.

Edited by twohawks
06/05/2014 2:05 pm
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 Posted 06/06/2014  5:27 pm  Show Profile   Bookmark this reply Add coinbuzz to your friends list
Hi, I'm new here. Have to agree that the best way to evaluate the coin would be to post obverse & reverse pictures. You can also have the coin looked at by a professional grader.
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United States
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 Posted 06/07/2014  5:20 pm  Show Profile   Bookmark this reply Add coinbuzz to your friends list
Interesting thread. Can determine ball park ranges for value, but of course pics add to refinement of the pricing.
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 Posted 06/07/2014  7:18 pm  Show Profile   Bookmark this reply Add robandjeanne to your friends list
Great response on what to expect with values. We have about 275 silver quarters, and it seems Central PA dealers don't want to pay much over melt, particularly on quarters where the best so far is $3.50. As some have noted, to get more than melt the coin would have to be in way better than average condition. Although it pains me to see these interesting old quarters like Barbers, and Standing Liberties going for $3.50, it's all about the silver. I have to admit, my Barbers were worn and the easiest way to gauge this is compare with the same sold ebay coin. Now to evaluate the estate proof and mint sets (none of which are old enough to be silver). From what I'm seeing a mint set has on average twice as many coins as a prrof set, since a mint set would have two different mints represented. Other than ebay are there any general evaluations of proof and mint sets from 1971 to 1989?
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 Posted 06/07/2014  7:29 pm  Show Profile   Bookmark this reply Add dave700x to your friends list
What you see on ebay is what they are worth, that is if you are looking at completed/ sold auction prices.
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 Posted 06/07/2014  7:53 pm  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list

Quote:
one of the beneficiaries of the estate wants to buy the silver coins in bulk



Quote:
Although it pains me to see these interesting old quarters like Barbers, and Standing Liberties going for $3.50,


Maybe he'll pay $4.00 each for them
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 Posted 06/09/2014  4:42 pm  Show Profile   Bookmark this reply Add Dar to your friends list
All this and still no pictures?

I Must have missed something in my reading.
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 Posted 06/09/2014  4:46 pm  Show Profile   Bookmark this reply Add ASLAN TVorlon to your friends list
Kind a like fungus or mold, starts with the smallest thing, next thing you know, you are staying at The Super 8 while Walter White tents and sprays your house.
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