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Questions About General Circulated Coin Values.

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dbrablec's Avatar
United States
1944 Posts
 Posted 01/16/2015  3:19 pm Show Profile   Bookmark this topic Add dbrablec to your friends list Get a Link to this Message Number of Subscribers
i have an opportunity to search an aquaintances - collected coins.

he is not a coin collector and his coins are simply a gathering of coins - over the last 30 years or so.

he says he has several dollar coins and other assorted coins.

so the question is - in general, (and of course I know that condition is an important consideration), what are average circulated morgans and Peace dollars generaly worth.

i am willing to pay a fair price - but I dont want oto overpay - either.

thanks.
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John1's Avatar
United States
56855 Posts
 Posted 01/16/2015  4:15 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
Silver coins are worth at least silver value,wheaties 3 cents.
John
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 01/16/2015  5:42 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I might give a good friend $25 or $30 each for circulated pre-1921 Morgans. Less for anyone else. Very darn few varieties have added value in circulated grades.
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T-BOP's Avatar
United States
18456 Posts
 Posted 01/16/2015  7:47 pm  Show Profile   Bookmark this reply Add T-BOP to your friends list Get a Link to this Reply
If your friend is not a coin collector and has saved coins (CHANGE) for 30 years, in my strong opinion
the dollars that he's talking about are ike's not morgans or peace. that said; there could still be
some nice coins in there worth looking thru. Wheaties ,older jeffs ,and variety's. good luck with the hunt.
Tony
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ratio411's Avatar
United States
1208 Posts
 Posted 01/17/2015  12:18 am  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
The most common silver dollars, in an average circulated condition
will have their values tied to the price of silver for the most part.
For the most average of average silver dollars to have a value not
dependent on the silver spot, the price of silver has to go pretty
darn low. Like you said though, date, mint mark, and condition will
vary values wildly as terms like "common" and "average" fall away.
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Conder101's Avatar
United States
17884 Posts
 Posted 01/17/2015  06:12 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
If he has been collecting for just 30 years and mostly from circulation his "silver dollars" are likely to be coppernickel clad Ike dollars.
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dbrablec's Avatar
United States
1944 Posts
 Posted 01/17/2015  07:21 am  Show Profile   Bookmark this reply Add dbrablec to your friends list Get a Link to this Reply
all opinions are appreciated.

thanks for the input..

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Finn235's Avatar
United States
6130 Posts
 Posted 01/17/2015  9:36 pm  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
I'd say 2 cents for wheat cents 1940-58; 5 cents each for 1918-19, 25-29, and 35-39. Others are worth looking up. I would also pay 2 cents each for BU copper cents 1959-82, but others would feel differently on that front.

For nickels, 6-10 cents for 1938-1955 would be fair. Do a little research to learn the key dates; also 1942-45 are 35% silver and worth at least melt.

Ike dollars are worth between face and $1.50, depending on who you ask. Anthony dollars are worth face only.

If there is any silver (1964 and earlier for dimes and quarters; 1970 and earlier for halves) I would strongly recommend that your friend hold off on selling them for the time being--silver is at about a 5-year low currently.
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ratio411's Avatar
United States
1208 Posts
 Posted 01/17/2015  10:32 pm  Show Profile   Bookmark this reply Add ratio411 to your friends list Get a Link to this Reply
I don't know for sure about War Nickels being worth melt on silver content.
Maybe I was told wrong, but I was told they don't bring melt because the
process of extracting the silver from the nickel is expensive compared to
regular coin silver. Someone correct me if I am wrong.
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