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 Replies: 21 / Views: 4,504 |
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Valued Member
United States
59 Posts |
Picked these up for $100 for the group of seven at a local pawn shop. How did I do?   |
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Valued Member
United States
381 Posts |
Wow, you got a good deal!! Could we see some closeups?
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Pillar of the Community
United States
4989 Posts |
Looks like a nice set of XF-AU Morgans. Would be tough to find them any cheaper - I think you did great!
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Pillar of the Community
United States
608 Posts |
WOW, you did great...good for you!
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Pillar of the Community
United States
1566 Posts |
At a pawn shop? All I ever see is garbage.
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Valued Member
 United States
59 Posts |
Yes I asked for silver and they had them in the safe.
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Valued Member
United States
283 Posts |
Nice buy! The pawn shop I always go to charges like $27 a coin for common low grade Morgans. Never get any good deals there.
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Valued Member
United States
59 Posts |
I do have a feeling these 4 have been dipped but they were selling all of them together so I figured I'd give it a shot. Here's a pic of the 4.  |
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Pillar of the Community
United States
593 Posts |
Is there something wrong with my math? 7 morgans even at junk silver rates would go for more than $100. Silver would have to drop below $14 for even junk silver to get down to $14.28 per FV $, wouldn't it?
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Valued Member
United States
245 Posts |
at $16.51 spot, a morgan is ~ $12.77 x 7 = ~ $90, so he was paying about $1.90 over per coin. Awesome deal.
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Valued Member
United States
59 Posts |
Melt value at price now is $89.39
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Pillar of the Community
United States
5854 Posts |
Some of them look AU with maybe a possibility that 1 or 2 of them could be MS. I think you made out very well!  |
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Pillar of the Community
United States
6370 Posts |
What are the dates and mintmarks? I can't really see from the pictures. However, that 1893(?) in that upper right corner of the last picture has a fishy, almost fake look about it. It would help if you post single shots of each coin.
Edited by TypeCoin971793
01/07/2015 11:05 pm
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Pillar of the Community
United States
1903 Posts |
that one in the lower left corner of the image with four in it...those spots look like rust spots. Did you check them to make sure they aren't steel fakes?
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Pillar of the Community
United States
1192 Posts |
Usually even relatively low grade silver dollars are $20 atleast each here in all but the worst grades. Please post individual photos and list the dates and mint marks. As long as they are real you got a super great deal on them. If you are hoping to flip them to a dealer you probally won't make much they would most likely pay $14 apiece or $99. You paid barely over spot for them.
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Pillar of the Community
United States
7618 Posts |
Pics of just the front and back of the 1893 can tell us a whole lot on how will you did, or didn't, do!
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Replies: 21 / Views: 4,504 |
Posted 01/07/2015 9:19 pm
