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Pillar of the Community
United States
8137 Posts |
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Bedrock of the Community
United States
36845 Posts |
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Bedrock of the Community
 United States
18706 Posts |
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Pillar of the Community
United States
7390 Posts |
I must disagree with the Kid. I see vf-33+
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Bedrock of the Community
Canada
11922 Posts |
I think it may make EF-40.
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Pillar of the Community
 United States
5828 Posts |
Quote:
I must disagree with the Kid. I see vf-33+  |
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Pillar of the Community
United States
4932 Posts |
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Pillar of the Community
United States
5828 Posts |
Quote:
VF-32.5928374123 Really? Looks more like VF-33.059624038 IMHO |
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Valued Member
United States
249 Posts |
Here's the good news... and this coming from a guy who's in this business. We've been in a bear market for commodities (inc. PMs) now for four years; name it... oil, nat gas, gold, coco.... So all these peace and Morgan dollars in lower grades we're buying here for under 20 bux and better yet; nice MS 62s and better graded/slabbed coins for a whopping $35 dollars will make you look like a financial genius by the end of 2017. I'll not offer reasons for that statement as they are actually irrelevant; Elliot Wave Theory has the large cycle in PMs (precious metals) way the heck higher by 2017ish. You will ostensibly have purchased your collectible low grade $1s for LESS THAN MELT by then, including grading! I have the suspicion that we will look back on the summer of 15 w/fond remembrances. |
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Pillar of the Community
United States
5828 Posts |
Uh.. What?  |
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Pillar of the Community
United States
5828 Posts |
Are you saying that while its worth above melt because its a Peace dollar now, it will be worth only silver later because of a massive price increase? |
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Bedrock of the Community
United States
10982 Posts |
rynegold's 2017 prognostication sounds good.
XF40 for the coin.
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Valued Member
United States
249 Posts |
"Are you saying that while its worth above melt because its a Peace dollar now, it will be worth only silver later because of a massive price increase?" A rising tide lifts all boats. If your buying, here at 16 dollar +- silver, good solid coins for under $35 dollars (better coins than that of the OP's coin but those are good too if bought for say 12 to 15 bux) then at $50 Ag, you will be looking at a coin worth $38.75 melt How can you go wrong? Newcomers to the coin fancy, and high prices will bring them on, will be paying $55+ and up, for coins you paid $35ish for. Depends on the market both in Ag and collectible coins. Clean 81s or 04os will be automatic winners. You can't ignore higher Ag prices in the equation concerning prices for common coins; especially dollars....higher silver prices are coming. Buy now; not later. edit: remember, grading fees, like speeding tickets, never go down... just up. Edited by rynegold
05/02/2015 10:06 pm
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New Member
United States
36 Posts |
it is really amazing that coins with all their age. worksmanship and beauty sell for so little above the value of the metal they contain. but it happens and it's true that if and when silver prices go up you will still have won out in the long run.
I have never melted a coin other than out of curiousity when I was a younger prospector learning to melt and assay (i used a couple 1964 quarters). I think if you are able to buy stuff now you are in a good position for the future. I wish things were actually affordable when I started, I would have built a better collection earlier.
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Pillar of the Community
United States
5828 Posts |
Okay thanks for the information. Sorry, I missunderstood you!
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Posted 04/29/2015 10:34 am
