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Can't Resist That Junk Silver!

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Pillar of the Community
barryg's Avatar
United States
5823 Posts
 Posted 04/30/2013  10:36 am Show Profile   Bookmark this topic Add barryg to your friends list Get a Link to this Message Number of Subscribers
I've been a bit depressed since silver prices have dropped sharply. Not because the prices have dropped, mind you, but simply because it has been impossible to find any silver for sale lately without huge premiums. My LCS is still selling common-date, beat up Morgans for $30+ and Kennedy half dollars for $11, and most of the online dealers don't even seem to have anything in stock.

Well, yesterday my wife and I celebrated our 10th wedding anniversary by going to a huge outdoor flea market/antique show (followed by a lobster dinner at a nice restaurant). Lots of fun to walk around and look at stuff, but nothing to actually buy. Toward the end, though, I found two dealers selling silver coins. The first had a modest stack of half dollars he was willing to let go for $10 each, and the second had some common Morgan dollars he wouldn't sell for less than $27.50 each. Not exactly great prices given the current spot price of silver, I realize, but neither seller would budge any further since they had bought when prices were higher.

I was planning to just walk away, but I finally decided, "what the heck..." Let's just hope that silver eventually heads back up, right?

Can't-Resist-That-Junk-Silver!
Pillar of the Community
argentum's Avatar
United States
1195 Posts
 Posted 04/30/2013  11:05 am  Show Profile   Bookmark this reply Add argentum to your friends list Get a Link to this Reply
Nice circulation cameo effect on the rightmost 1887 .
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stud722's Avatar
United States
1088 Posts
 Posted 04/30/2013  4:38 pm  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
Nice additions!
Valued Member
United States
66 Posts
 Posted 04/30/2013  6:51 pm  Show Profile   Bookmark this reply Add Rounder to your friends list Get a Link to this Reply
Nice pickups! that's around the same price 90% in my area is going for $21-$23 x face and morgan/peace dollars are $30-$33 each.
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Libertad's Avatar
Canada
3692 Posts
 Posted 04/30/2013  8:21 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Morgan dollars are always nice. I've yet to add one to my collection; I'd like to trade some Canadian silver for one if the condition is excellent, i.e. AUnc and higher.
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