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 Replies: 27 / Views: 3,448 |
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Pillar of the Community
1153 Posts |
I am curious what the average price of morgans and Peace dollars were back when silver was less than $10/ounce. I didn't start collecting until a few years ago, so just curious how much the price of morgans changed when silver went up. What about other coins? Have they been relatively consistent with prices or are they effected by the spot price? *** Moved by Staff to a more appropriate forum. *** |
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Pillar of the Community
 United States
5828 Posts |
Just buy the new 1947 RedBook that was re issued a few years back! It comes with the actual prices listed, as well as current prices to compare. A 1909 S VDB in UNC. condition costs only about $3 in 1947. |
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Bedrock of the Community
United States
20753 Posts |
As a sort of just guessing, coin prices have basically gone up over the years. Maybe not fast, but usually still up. Coin prices have not really been effected by Metal prices to much. Yes When Silver went up, up, up, so did the prices of Silver Coins but not really a lot. All in all coin prices are based on the coin, not the metal they are made of.
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Pillar of the Community
United States
1627 Posts |
I have a copy of Coin Prices magazine from March 1990, common date Morgans in MS 60 are quoted at $20, AU or under are at $11 and down to $7.50.
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Bedrock of the Community
United Kingdom
17921 Posts |
I've noticed that CC prices have risen more in relation to others - my Coin Prices January 2001 has common date CC's at $38 in VG-9 whereas a normal common date is $12 and a 1921 is $11.
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Pillar of the Community
United States
3098 Posts |
My first coin purchase, back in 1970 when I was 14 years old, was a beautiful BU 1878-S Morgan silver dollar from a local coin store in Minneapolis, MN. I paid $5.50 for it. It's still in my collection and my will states that it goes to my older daughter. Paul Bulgerin
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Bedrock of the Community
United States
11951 Posts |
This topic comes up every now and then. But it is interesting.
As a young kid in the 60's, I would check all the mom and pop stores
in my area, and find silver dollars for face. There were a lot of
quarters, dimes and even half dollars to be found.
By the 1980's I started getting into collecting at a bigger level,
for a lower income Air Force Airman. Silver coins were 3 or 4
times face, bucket silver dollars were $7 to $8.
From there, silver would rise and fall, so would silver coins.
In 2008, maybe into 2010, I was buying silver bucket and common
dollars in the $15 range. Then silver started it's rise to the upper $40's.
This drove common silver coin prices way up. As well as some semi key
silver coins.
IMO we are still seeing those prices... Slowing coming back down.
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Pillar of the Community
United States
2637 Posts |
Back when silver was $6, I found an antique store that was offering Morgan and Peace dollars, private silver ounces and bullion for $8 each. I purchased 6 1989 pandas for $8 each. I don't remember if there were other sovereign rounds at that rate. I did not look at the dollars. |
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Pillar of the Community
United States
9792 Posts |
Not so long ago I remember selling silver dollars at coin shows for $7.00 your pick, circulated of course, as a nice common date/mm in BU would net me $20.00+
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013! ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector. See my want page: http://goccf.com/t/140440 |
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Pillar of the Community
United States
1314 Posts |
This one set me back $11 in 2008.  |
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Moderator
 United States
23522 Posts |
When I was buying a bunch 8-10 years ago I had no problems getting nice AU - sometimes MS - 1921's and commons for $15, and I considered $35 a reach for a decent MS of most dates.
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Pillar of the Community
United States
731 Posts |
Back in the early 60s when I was stationed in Montana, silver dollars flowed freely. Paper Dollars were seldom found there. The banks had sealed bags of them in the vaults. I believe Nevada casinos took silver dollars in the one armed bandits. Around 1965 that all changed.
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Pillar of the Community
United States
7390 Posts |
$11 chute... what the @&!&*%.. Was that normal for an 83 cc cull in 2008? And with that wear pattern I wonder if it was a Greaser in a former life? Edited by Cascade
04/25/2015 8:00 pm
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Moderator
United States
23522 Posts |
Quote:And with that wear pattern I wonder if it was a Greaser in a former life? Ex-jewelry, I think (note near the P) and possibly bent and straightened. Maybe a former belt buckle? |
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Pillar of the Community
United States
7390 Posts |
Ahha! I think I was too flabbergasted at the Starbucks price he paid to notice that SD
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Pillar of the Community
United States
1314 Posts |
The CC was in the bargain bucket and the price was marked on the 2x2. No error. In some ways this was a new plateau in my collecting, and in terms of condition, there was only one way to go. My next visit promised growth and learning in the delicate field of numismatics, and having a whole pay period to reflect on my earlier purchase, I entered the B&M and clearly announced with all the volume my confidence would allow, "Hey, you got any dollars that aren't bent?" Apparently pricing would be my next lesson as he shouted back, "Yeah, but it'll cost you more!" Thirteen dollars later I extracted this beauty from what was to become my favorite receptacle.  Having been raised an honest man, and not one to take advantage of another in a hurried transaction, I thoughtfully pointed to the back of the coin and inquired, "Is there any extra charge for the tape?" He didn't say a word. Just gave me a funny look as he pealed it off and set it behind the counter. I imagined he was going to put it on another coin later. Now, after years of signing over my pay check, I'd say we're feeling a kind of bond. He's been a real teacher. And through the sting of correction, I clawed my way to the. Er, I clawed my way off the bottom. Why last week he gave me another insider tip. He said that B & M didn't stand for Buy and Melt. |
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Replies: 27 / Views: 3,448 |
Posted 04/25/2015 10:23 am
