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 Replies: 10 / Views: 1,433 |
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Pillar of the Community
United States
1388 Posts |
I am planning to buy some new Morgans to fill a few of the common date holes in my Dansco, and my LCS's current price is $24.00 per coin for average circulated examples. Even though this is $9.00 over spot, is it a good price or could I find a better one elsewhere?
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Valued Member
United States
333 Posts |
It depends on how "average" their circulation is and what the dates are. If you are looking at the common of the commons, I would imagine that you could find better prices elsewhere, though I will admit that I regularly see them in XF condition for $35, which is more than I am willing to pay.
Of course, if you buy 5+ maybe you can haggle him down a bit.
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Pillar of the Community
Canada
5417 Posts |
 if you buy 5 or more then you could ask for $22 each. Average circulated common dates sell on ebay for $30 and slighly good dates sell for $35. If you're buying only 1 then $24 is fair. |
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Pillar of the Community
United States
5825 Posts |
From my experience "average circulated" often turns out to be VG.
To me that would mean common date coins shouldn't be much over silver spot.
$20-22 per coin?
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Pillar of the Community
United States
3184 Posts |
Seems like a good price, see if you can get him to go down a bit on price :)
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Pillar of the Community
United States
8137 Posts |
that is a lot less than my LCS sells them for
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Moderator
 United States
23522 Posts |
I'd like to see a Morgan for $24 some day.
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Pillar of the Community
United States
1554 Posts |
That is a good price unless the coins are very low grade.
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Pillar of the Community
 United States
1388 Posts |
Thanks for the responses, everyone. I plan to go there in a couple weeks and I'll post pics of what I get.
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Pillar of the Community
United States
2815 Posts |
I've never seen a Morgan priced at $24.00. Never. They don't exist in my world- no matter where I look- internet, LCS, antique shops, over the rainbow, etc. I too would like to meet a $24.00 Morgan. I believe someone posted on here a while back that they remembered having their pick at Morgan dollars at shops/shows for $10.00 a piece in the mid-1980's.  |
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Moderator
United States
23522 Posts |
Back when I was obsessively building my 1921 Morgan VAM collection - 2005/2006 - I was regularly getting them for less than $20 on ebay in Mint State. Those days are over, forever IMO. |
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Replies: 10 / Views: 1,433 |
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Posted 12/14/2013 2:53 pm
