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Did I Get A Good Deal?

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Valued Member
itrooper's Avatar
United States
106 Posts
 Posted 10/15/2010  1:20 pm Show Profile   Bookmark this topic Add itrooper to your friends list Get a Link to this Message Number of Subscribers
I purchased 5 1920's and up Morgans for $19.00 each, did I get a good deal?

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Namachieli's Avatar
United States
2120 Posts
 Posted 10/15/2010  1:24 pm  Show Profile   Bookmark this reply Add Namachieli to your friends list Get a Link to this Reply
Are you happy with them?

Then yes. it was a good deal.

And considering a morgan has $19.05 (silver at $24.63) worth of silver.. sure. you paid spot. which is always a good deal on morgans. Thats a price I would have expected to pay when silver was below $20.
Valued Member
itrooper's Avatar
United States
106 Posts
 Posted 10/15/2010  1:30 pm  Show Profile   Bookmark this reply Add itrooper to your friends list Get a Link to this Reply
That's what I thought. I was surprised they had not changed the price to reflect the spot increase. It could always go down so I guess they hedge their bets.

I bought them for the silver value more than the numismatic value so I am happy.

I normally avoid the junk bins.
Valued Member
itrooper's Avatar
United States
106 Posts
 Posted 10/15/2010  2:10 pm  Show Profile   Bookmark this reply Add itrooper to your friends list Get a Link to this Reply
Interesting article on the melt price of silver.

http://www.coinnews.net/2010/10/15/...s-skyrocket/

I did get a pretty good deal as long as silver keeps rising.
Valued Member
palaniappan's Avatar
India
265 Posts
 Posted 10/15/2010  8:09 pm  Show Profile   Bookmark this reply Add palaniappan to your friends list Get a Link to this Reply
yes it is a good deal.

warm wishes.
New Member
wlwesq2010's Avatar
United States
14 Posts
 Posted 10/16/2010  10:37 am  Show Profile   Bookmark this reply Add wlwesq2010 to your friends list Get a Link to this Reply
As Ian said, if you are happy, it's a good deal. Sometimes the worst thing you can do is ask if something was a good deal. You can go from being happy with your coins to hating them after someone says you got a bad deal. Plus, almost always someone out there got a better deal.

Edited by wlwesq2010
10/16/2010 10:39 am
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Bryan1315's Avatar
United States
14454 Posts
 Posted 10/16/2010  12:32 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
I purchased 5 1920's and up Morgans for $19.00 each

I am guessing they were all 1921? Morgans werent minted in 1920 and werent minted in 1922 either so 1921 is the only date you could have gotten and be a Morgan. If there are any dates between 1904-1920 and not 1921 and they are Morgans you have fakes
Valued Member
itrooper's Avatar
United States
106 Posts
 Posted 10/27/2010  09:03 am  Show Profile   Bookmark this reply Add itrooper to your friends list Get a Link to this Reply
My bad some were Peace dollars. I normally stay away from the old stuff because I don't know what I am doing.
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 10/27/2010  09:22 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
I think you got a good deal at $19. My local dealer sells for $20, but they were $20 when silver was at $17 and they are still $20 when silver is around $24. Needless to say, I'm more inclined to buy them right now!


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Spider5689's Avatar
United States
2269 Posts
 Posted 10/27/2010  10:01 am  Show Profile   Bookmark this reply Add Spider5689 to your friends list Get a Link to this Reply
I think you got a good deal. I have been watching the price of common date Morgan and Peace dollars and they are selling at some of my local dealers for about $21-24.
Valued Member
Dvorak's Avatar
United States
55 Posts
 Posted 10/27/2010  10:06 am  Show Profile   Bookmark this reply Add Dvorak to your friends list Get a Link to this Reply
I picked up 10 @ $19 last week. I think you did fine as long as they are not chewed up and not worn to slicks.
Valued Member
canadanz's Avatar
United States
273 Posts
 Posted 10/27/2010  10:56 am  Show Profile   Bookmark this reply Add canadanz to your friends list Get a Link to this Reply
I'd say you did pretty well. :)
Valued Member
itrooper's Avatar
United States
106 Posts
 Posted 11/04/2010  10:13 am  Show Profile   Bookmark this reply Add itrooper to your friends list Get a Link to this Reply
Thanks for the information everyone! They are in pretty good shape, so I got a good deal.
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morganman88's Avatar
United States
25 Posts
 Posted 11/07/2010  11:11 pm  Show Profile   Bookmark this reply Add morganman88 to your friends list Get a Link to this Reply
good deal
Valued Member
scott hill's Avatar
United States
66 Posts
 Posted 11/07/2010  11:36 pm  Show Profile   Bookmark this reply Add scott hill to your friends list Get a Link to this Reply
good deal where I'm sittin
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/07/2010  11:55 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
They are in pretty good shape, so I got a good deal.

As long as none of them are fake I would say you did alright
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