Are These A Good Resell Investment?

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Author	Replies: 5 / Views: 1,742
NumisMattyUk Pillar of the Community United Kingdom 2217 Posts	Posted 01/15/2008 09:13 am Have been scratching my head and I thought I'd give it up and let you answer my question for me; are these a good investment? We're talking rolls of 20 Morgan dollars here - how much are these sold for on average and do you think it would work with resale on ebay? http://cgi.ebay.co.uk/PRE-1900-ROLL...ED_W0QQitemZ a href= https://www.coincommunity.com/go/link.asp?target=https://www.ebay.com/itm/-/220191261163 target= _blank rel= nofollow 220191261163 /a QQihZ012QQcategoryZ3358QQssPageNameZWDVWQQrdZ1QQcmdZViewItem Report this Post to the Staff

nohope587 Pillar of the Community United States 5953 Posts	Posted 01/15/2008 10:29 am Maybe but you don't know what you are getting. His feedback suggests the coins are not all MS Report this Post to the Staff
NumisMattyUk Pillar of the Community United Kingdom 2217 Posts	Posted 01/15/2008 12:53 pm Hmm yes, the question of doubt is what troubles me, always a big step to take and the final value was around the £11 mark per coin so risky... I don't think they will be MS-state coins either, and the slightly mendacious nature of his blurb is something that would put me off. What does tempt me is the fact you might be able to make easy money with them - however do average Morgans normally go for more than £10 if they're not in UNC state? I think my scratchy EF 1921 was about £8 or so with postage... Edited by NumisMattyUk 01/15/2008 12:54 pm Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 01/15/2008 6:19 pm Most common date lower grade Morgans I sell go for between $11 and $20 Report this Post to the Staff
NumisMattyUk Pillar of the Community United Kingdom 2217 Posts	Posted 01/16/2008 02:30 am Hmm but aren't we talking sort of more like XF grades? I think it's a risky affair, so I'm sitting on the fence for now :) Report this Post to the Staff
nohope587 Pillar of the Community United States 5953 Posts	Posted 01/16/2008 05:33 am NumisMattyUK for Me XF are lower grade Morgans if we are talking common dates. AU MS coins are readily available so XF is a lower grade. Grey sheet Bid price is under $20 for a lot of AU Morgans. For example an MS60 1921 is only $20 bid on Novembers grey sheet. I know nothing about Morgans but have almost all the common dates and mint marks in MS grades and very few of the coins I paid over $40 for. Report this Post to the Staff
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