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What's The Price Range For Peace And Morgan Dollars?

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Pillar of the Community
barryg's Avatar
United States
5862 Posts
 Posted 07/17/2012  1:37 pm  Show Profile   Bookmark this reply Add barryg to your friends list Get a Link to this Reply
Ah well, so much for that idea...

On my lunch break today I went back to the pawn shop I visited on Saturday. The "other" owner was there this time (turns out he's the father of the guy who was there Saturday). I explained that I was in on Saturday and was told that he might have some lower grade Morgan dollars he'd be willing to sell for around $25 each. Nope. All his Morgans go for $35 each. Then he told me "I'm a retailer -- I don't do spot." I tried to explain that "spot" on a Morgan is only about $21 right now, but he wouldn't budge.

He also had a nice old 100-ounce silver bar in the display case that I asked about when I first came in (before I asked about the Morgan dollars). "Not for sale." As I was leaving, he did say that he could let it go for $3200, but I declined. Now, maybe it's a rare and collectible old silver bar or something, but I don't know enough to tell and I was just looking for the silver value. $1-2 over spot would be reasonable (especially since it would save me shipping fees), but $5 over spot just seemed ridiculous.
Pillar of the Community
Canada
572 Posts
 Posted 07/17/2012  6:03 pm  Show Profile   Bookmark this reply Add Amaths to your friends list Get a Link to this Reply
Thank you all for your input! They have been very helpful! So I finally picked up 2 morgan and 3 Peace dollars, including one PCGS MS63 and one ACG MS63, at $24 each! The morgans are in good condition only. The other Peace dollar is AU, I think. I'll try to take some pictures in a few days and upload them here so you guys can help me grade them. :)

@barry: I wonder what would be his buying price for the morgans...
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Ed_B's Avatar
United States
4008 Posts
 Posted 07/18/2012  6:19 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
I wonder what would be his buying price for the morgans...

THAT is when he recognizes the spot price!
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silvercoinrn's Avatar
United States
863 Posts
 Posted 08/01/2012  11:17 am  Show Profile   Bookmark this reply Add silvercoinrn to your friends list Get a Link to this Reply
really good deal. id buy them all for that price
Pillar of the Community
Canada
572 Posts
 Posted 08/03/2012  6:56 pm  Show Profile   Bookmark this reply Add Amaths to your friends list Get a Link to this Reply
Hi guys, finally I got them scanned. Here go the pics.

Sorry the slabs didn't show well under scanning. The ACG Peace dollar does look shinier than the PCGS one.
What's-The-Price-Range-For-Peace-And-Morgan-Dollars?

One 1924 Peace dollar. Does it look like AU? Also, interesting ring toning or dirt on the reverse. Seems like it has been stacked under a half dollar or something for a while. Or was this an end piece of a roll?
What's-The-Price-Range-For-Peace-And-Morgan-Dollars?
What's-The-Price-Range-For-Peace-And-Morgan-Dollars?


An 1879s and a 1900o morgans. Anyone care to grade?
What's-The-Price-Range-For-Peace-And-Morgan-Dollars?
What's-The-Price-Range-For-Peace-And-Morgan-Dollars?
What's-The-Price-Range-For-Peace-And-Morgan-Dollars?
What's-The-Price-Range-For-Peace-And-Morgan-Dollars?

Thanks. :)
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