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My Morgan Silver Dollar Collection. Value?

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michaelkih's Avatar
United States
9 Posts
 Posted 02/24/2012  02:27 am Show Profile   Bookmark this topic Add michaelkih to your friends list Get a Link to this Message Number of Subscribers
I'm new here, and figured this would be a goo dplace to ask this question.

I might be looking to sell my Morgan silver dollar collection. It is totally complete except it is missing the super rare 1895 coin. What kind of value should I put on this collection?

Many of the coins are in excellent shape. The flash kind of turns the silver shiney ones dark looking. Just a rough price estimate would help me a lot. Thanks!

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Fuzzy317's Avatar
United States
14463 Posts
 Posted 02/24/2012  02:39 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
don't know value, just had to over all the coins with CC
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nlp coins's Avatar
United States
2373 Posts
 Posted 02/24/2012  07:27 am  Show Profile   Bookmark this reply Add nlp coins to your friends list Get a Link to this Reply
Do a completed items search on ebay. Here is a recent one for comparison.

http://www.ebay.com/itm/1893-S-1878...em2ebac6cbca
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michaelkih's Avatar
United States
9 Posts
 Posted 02/24/2012  07:31 am  Show Profile   Bookmark this reply Add michaelkih to your friends list Get a Link to this Reply
Not saying I am going to sell it. Just tossing around the idea.
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jeffrose's Avatar
United States
1432 Posts
 Posted 02/24/2012  08:26 am  Show Profile   Bookmark this reply Add jeffrose to your friends list Get a Link to this Reply
Michael . . quite an impressive collection!

Do you collect any other series?
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Bryan1315's Avatar
United States
14454 Posts
 Posted 02/24/2012  09:17 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
when selling a complete album like this you would probably get more if you broke up the coins. It would be more work but would net you more money in the end. If selling all together and with it only missing the 1895 I am going to guess it would probably sell for around 12-16,000 dollars if sold on ebay. At a dealer they would offer quite a bit less than this. If you are not an established coin seller on ebay the price may suffer also and in that case I would recommend getting a sellers assistant to sell the coins on ebay for you because that would help get you the maximum amount for your coins
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michaelkih's Avatar
United States
9 Posts
 Posted 02/24/2012  10:18 am  Show Profile   Bookmark this reply Add michaelkih to your friends list Get a Link to this Reply
Intersting. $16k wouldnt be bad. I inherited these, and because of that I am hesitant to sell them. The money would be going towards another investment to pass down though so it might be justified.
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CoinsKelly's Avatar
United States
3453 Posts
 Posted 02/24/2012  10:46 am  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
and. . .
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biokemist6's Avatar
United States
12437 Posts
 Posted 02/24/2012  10:54 am  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
I cannot believe that Dansco actually has a slot for 1895 It should not even be there since business strikes do not exist, the only way you could fill that hole is with a proof coin that had a mintage of 880.
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Drsandman2's Avatar
United States
1374 Posts
 Posted 02/24/2012  11:58 am  Show Profile   Bookmark this reply Add Drsandman2 to your friends list Get a Link to this Reply
Fantastic coins! One day very far away I'll be able to move into Morgans!


biokemist - I think Dansco should hire someone who collects coins. Seems that almost every book could use a tune-up.
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halfabustisbetter's Avatar
United States
1984 Posts
 Posted 02/24/2012  2:24 pm  Show Profile   Bookmark this reply Add halfabustisbetter to your friends list Get a Link to this Reply
Great looking set! If you put it in front of me--assuming the reverses match the obverses--I'd pay around 10K on the spot. I'd look for any significant varieties before figuring a final number. The trouble of taking them out and selling them separately might be worth the time. Not for me, but maybe for you.
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michaelkih's Avatar
United States
9 Posts
 Posted 02/24/2012  3:45 pm  Show Profile   Bookmark this reply Add michaelkih to your friends list Get a Link to this Reply
Thanks for the replies. I probably won't sell them since they were passed down to me. If they were like $100,000 then I would, but just $15,000 I'd rather keep them for sentimental value. It is such a complete set, and even though I'm not into coins, unless their value was life changing, then I will just hold onto them because of who they came from.
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dave700x's Avatar
United States
10625 Posts
 Posted 02/24/2012  4:21 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Good answer michaelkih. The value of some things tend to surpass monetary value because of who it was from and what that person meant to you. I'm glad to hear you are hanging on to this set and hopefully it will spark a further interest in collecting. You have a great start there.

Oh, and !
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Bryan1315's Avatar
United States
14454 Posts
 Posted 02/24/2012  7:34 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I agree, sometimes the sentimental value greatly out weighs the monetary value. I have allot of coins that I would never sell that are not worth very much but they were given to me from friends and family so they have a permanent place in my collection as long as I am able to take care of them
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papagrizzly's Avatar
United States
2 Posts
 Posted 04/27/2012  10:36 am  Show Profile   Bookmark this reply Add papagrizzly to your friends list Get a Link to this Reply
You're not getting off to a very good start here, breaking a cardinal forum rule for your first post.
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papagrizzly's Avatar
United States
2 Posts
 Posted 04/28/2012  8:08 pm  Show Profile   Bookmark this reply Add papagrizzly to your friends list Get a Link to this Reply
Sorry. Did not realize that.
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