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 Replies: 10 / Views: 2,749 |
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Valued Member
United States
150 Posts |
Can I get an opinion on this coin? It has a lot of wear and tear. Should I hold onto it, slab it, or have it melt down for silver content.   And maybe I should resize it so it isn't so huge. But I wanted to show as much detail as I could. |
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Pillar of the Community
United States
3210 Posts |
G4 max. lots of rim dings and hits. Not worth slabbing. Honestly keep it as it is. I personally would never melt a Morgan dollar unless it was completely destroyed, this coin has character and was heavily circulated. Keep it as is. |
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Valued Member
United States
404 Posts |
Melting a morgan seems like destroying history
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Rest in Peace
United States
17900 Posts |
 she did her duty for a lot of years. Most certainly not worth TPG, but much too nice to melt. |
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Valued Member
United States
274 Posts |
Keep it. It's not worth slabbing, but it's got so much history that melting it would be a waste. If you are just looking for a few bucks, I'm sure you could get more selling it outright as a Morgan dollar than you could selling it to be melted. |
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Valued Member
 United States
150 Posts |
Thanks everyone, I will definitely hold onto it. Now what about the walking liberties and seated liberties? Most of the ones I have are worn down so much you can't even read the dates.
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Valued Member
United States
404 Posts |
Look on ebay, they still sell with a premium... |
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Pillar of the Community
Canada
3733 Posts |
depending what you are in to it for, there is still some meat on the bone..do not slab it..
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Pillar of the Community
7234 Posts |
1899-P is the ballgame for collect ability - 1899-O has a 12 million + mintage and in that condition may be worth 25$ - don't waste your time or money! I'de keep it though - having any coin in your collection is better than NOT having one!
Edited by Mark1959
12/26/2016 10:15 pm
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Bedrock of the Community
United States
94367 Posts |
Marginal for sure, and definitely not worth having graded.  |
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Pillar of the Community
United States
1450 Posts |
There is such a host of Morgans that are really worth holding onto such as afore mentioned 1899-P. In MS64 you can get this coin for $400 and probably less than $200 for AU and only 330,000 minted. The 1899-P sticks out like a sore thumb as being collectable. There are a bunch of Morgan-CC's which 5 times the mintage that cost as almost as much.
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Replies: 10 / Views: 2,749 |
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Posted 12/26/2016 7:05 pm
