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Replies: 16 / Views: 3,487 |
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Valued Member
United States
188 Posts |
The silver alone is worth 354.43. AS long as they are not cleaned or wrecked I would guess you did alright.
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Valued Member
United States
60 Posts |
Even if they are common dates in fair condition, I would think they would still be worth it. 90% silver and numismatic value. Although I personally would want to see their condition first, and try to low-ball him. Is he into coins at all?
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Valued Member
 United States
313 Posts |
he is not into coins at all but I also have to see him every day so I also want to be fair to both of us
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Pillar of the Community
United States
1745 Posts |
Depends on the condition/dates. You will probably be ok. Let us know how it turns out.
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Pillar of the Community
United States
687 Posts |
I wouldn't pay retail prices for coins out of some guy's sock drawer unless I knew they were decent. I would have offered melt sight unseen and hoped I didn't end up with a bunch of beat up 1921's. Say ~350 or so - if he knows what he has he can counter offer you - otherwise you're at least offering the guy more than a pawn shop or coin dealer will.
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Valued Member
United States
187 Posts |
Quote: I wouldn't pay retail prices for coins out of some guy's sock drawer unless I knew they were decent. I would have offered melt sight unseen and hoped I didn't end up with a bunch of beat up 1921's. Say ~350 or so - if he knows what he has he can counter offer you - otherwise you're at least offering the guy more than a pawn shop or coin dealer will.
 ------------------- Exavier (aka ROD-O)
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Pillar of the Community
United States
2335 Posts |
I just sold 12 common date Morgan/Peace dollars here on the forum in an auction. They were in decent shape but their color indicated they had been cleaned in the past. Based on that I started the auction at $14/each, which was slightly less than melt. There wasn't any bidding frenzy.....9 sold for the opening bid & the other 3 sold for slightly more than that. At $18 each for a lot that size of common date coins I'd expect BU coins.
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Valued Member
United States
120 Posts |
let us know what you get!
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Valued Member
 United States
313 Posts |
outcome-1st.he only has 19pcs. the following 8/21p-1/96p-1/85o-2/89o-2/81s-1/79p-1/99o-1/84o-1/79o-182s none are terriable but none are MS I would say good to EF offered him 300.00 no go. I walked what do you think?
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Pillar of the Community
United States
2120 Posts |
I dont know much about dates for morgans but....
I think it was smart to walk away. There's a good chance he knows what he has and was trying to make a quick buck. He could have easily gone down to a coin store, bought them for melt and tried to pawn off on you.
Old people can be sneaky like that.
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Valued Member
United States
60 Posts |
I dont know if there are any key dates there, but if they're all common, he was offered a fair price of almost $16 each I think. You say they were all heavily circulated. Anybody can get AU-BU Morgan's for $20-$22 all day long. I dunno, I think it was smart to walk away, I think he thinks he has something he does not.
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Pillar of the Community
555 Posts |
Hey OP, I love your handle. Were you named after the A-Bomb dropped on Nagasaki?
Edited by Neil 06/11/2010 7:46 pm
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Pillar of the Community
United States
4000 Posts |
I would have guessed more along the lines of Harley's.
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Valued Member
 United States
313 Posts |
Harley's 
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Valued Member
United States
442 Posts |
If he thinks about it later that there might have been key dates you might have a problem you might want to first make a list of the dates and have him sign it and give him a copy if you are friends I wouldnt spit in the wind imo
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