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Morgan Prices Back In The Day

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 Posted 04/25/2015  8:05 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
And with that wear pattern I wonder if it was a Greaser in a former life?


Ex-jewelry, I think (note near the P) and possibly bent and straightened. Maybe a former belt buckle?
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 Posted 04/25/2015  9:05 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
Ahha! I think I was too flabbergasted at the Starbucks price he paid to notice that SD
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 Posted 04/25/2015  10:45 pm  Show Profile   Bookmark this reply Add Chute72 to your friends list

The CC was in the bargain bucket and the price was marked on the 2x2. No error.
In some ways this was a new plateau in my collecting, and in terms of condition, there was only one way to go.
My next visit promised growth and learning in the delicate field of numismatics, and having a whole pay period to reflect on my earlier purchase, I entered the B&M and clearly announced with all the volume my confidence would allow, "Hey, you got any dollars that aren't bent?"
Apparently pricing would be my next lesson as he shouted back, "Yeah, but it'll cost you more!"
Thirteen dollars later I extracted this beauty from what was to become my favorite receptacle.

Morgan-Prices-Back-In-The-Day

Having been raised an honest man, and not one to take advantage of another in a hurried transaction, I thoughtfully pointed to the back of the coin and inquired, "Is there any extra charge for the tape?"
He didn't say a word. Just gave me a funny look as he pealed it off and set it behind the counter.
I imagined he was going to put it on another coin later.
Now, after years of signing over my pay check, I'd say we're feeling a kind of bond.
He's been a real teacher. And through the sting of correction, I clawed my way to the.
Er, I clawed my way off the bottom.
Why last week he gave me another insider tip. He said that B & M didn't stand for Buy and Melt.
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 Posted 04/26/2015  03:19 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
Back in the early 70's when I started collecting, common MS Morgans could be had for $10 each.
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 Posted 04/26/2015  03:29 am  Show Profile   Bookmark this reply Add Bertensgrad to your friends list
I remember in the 90's as a boy there was a box on my dealer that was 5.98+ spot which wasn't a lot back then.

I told my dad I should be buying them but no State Quarter rolls would be popular according to a guy he knew at work. Thanks a lot dad haha. So a great deal of my coin money went towards that and I never actually got to go to the shop to pick up the rolls which was the best part. For like 16 quarters until I lost complete interest in collecting for 15 years lol. Though part of that was girls and college haha.
Edited by Bertensgrad
04/26/2015 03:35 am
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 Posted 04/26/2015  09:03 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
You are a genuine pleasure to read, Chute.

And I'm stealing that "clawing my way off the bottom" line.
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 Posted 04/26/2015  10:30 am  Show Profile   Bookmark this reply Add Celticsoul to your friends list
I can remember in 1993 picking up 40 BU Morgans for $500. That was a good price because they were going for about $14.50 a piece. That's back when silver was around $4 an ounce.
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 Posted 04/26/2015  10:43 am  Show Profile   Bookmark this reply Add Cascade to your friends list
Man, this thread has that Rod Stewart song stuck in my head... I wish that I knew what I know now, when I was youngeeer
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 Posted 04/26/2015  5:33 pm  Show Profile   Bookmark this reply Add westcoin to your friends list

Quote:
Why last week he gave me another insider tip. He said that B & M didn't stand for Buy and Melt.

"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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 Posted 04/26/2015  5:43 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
I just found this in my stash and thought this thread could use some pictures
Ps, I have just decided to build a time machine

Morgan-Prices-Back-In-The-Day

Morgan-Prices-Back-In-The-Day

Morgan-Prices-Back-In-The-Day

Morgan-Prices-Back-In-The-Day

Morgan-Prices-Back-In-The-Day

Morgan-Prices-Back-In-The-Day
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 Posted 04/26/2015  8:22 pm  Show Profile   Bookmark this reply Add mavs2583 to your friends list
Wow those prices are low! $16.50 for an 1893-S Morgan dollar!
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 Posted 04/26/2015  9:32 pm  Show Profile   Bookmark this reply Add Mister Kairu to your friends list
$7.70 for the 1928 Peace dollar... Way out of my price range unfortunately... ;P
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 Posted 04/26/2015  9:43 pm  Show Profile   Bookmark this reply Add just carl to your friends list
Stories like these always remind me of when I was a kid. My Dad used to give me my allowance in Silver Dollars. They were common then and I spent them as fast as I got them. Never thought that someday people would collect them. Why would they since they were everywhere and just as common as Walking Liberty half dollars. Why back when I was a kid you could get thousands of Morgan dollars for face.
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 Posted 04/27/2015  11:58 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Wow those prices are low! $16.50 for an 1893-S Morgan dollar!

See the blurb on the front cover, these are the BUYING prices of a dealer given to the unknowledgeable general public. As such they are probably well below what the actual values were for the coins. (CDN in 1963 didn't list an XF 93-s. but an Unc was $850.)
Edited by Conder101
04/27/2015 11:59 am
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 Posted 04/27/2015  2:02 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
I just found this in my stash and thought this thread could use some pictures
Very nice! It seems like your S&O collection has something for every occasion.


Quote:
See the blurb on the front cover, these are the BUYING prices of a dealer given to the unknowledgeable general public.
Good eye.
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