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 Replies: 13 / Views: 1,501 |
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Pillar of the Community
United States
1000 Posts |
Just looking for an opinion from the collectors of this series. I was in a LCS today picking up supplies and took a quick look through the junk silver since they were about to close. I saw some UNC looking Roosevelt dimes. Should I go back tomorrow and buy them? I'm not familiar with the series, so I don't know key dates, but I'm assuming nothing would be in there with junk. (I only caught a few worn S and O mint marks in the junk Morgans, so they seemed to know what they were doing.) I think there were a few in the sixties, and a pretty good looking 1946. Indistinct torch on a 1964, but what looked like a FT on a 1946 and 1962. I'm leaning towards buying, then having you guys give opinions on grades. Not a bad gamble for a buck and a half, right? |
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Pillar of the Community
United States
3540 Posts |
90% silver is at 12.7 x face value. UNC rolls have a slight premium for common date. 15x is a little bit high.
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Pillar of the Community
United States
1963 Posts |
How much were they charging for junk Morgans? I wouldn't pay 15x for those UNC dimes, unless 1946.
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Pillar of the Community
 United States
1000 Posts |
Oh, they weren't rolls. They were loose, mixed in with circulated Rosies and Mercury dimes. He said they were selling at two bucks above spot. I haven't check with other LCS, so I'm not sure of the going rate. Are you able to find it closer to spot? |
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Pillar of the Community
United States
1000 Posts |
Junk Morgans and Peace were $20 each. Lower than your guy, but nothing in fantastic condition. I didn't look closely at all of them, but they topped out around XF40-45 is my guess. 1921s went to AU, but common date anyway.
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Pillar of the Community
United States
1963 Posts |
Yes, my guy charged $35 each, but they started at AU 55/58 and topped out at MS 65. My guy was also selling common Morgan and Peace dollars for $22, which started at AG 3 and topped out at MS 62. |
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Pillar of the Community
United States
1000 Posts |
Consensus is no, then?
Coin, I'll ask you for the Denver coin hot spots next time I'm visiting. I've actually never been to the Denver mint, just Philly a few times.
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Pillar of the Community
United States
4211 Posts |
Druu....I wouldn't want to buy an entire roll of them at that price...but if there are two or three really nice examples in there I would certainly spend $4.50 on three nice examples without hesitation. Just cause I liked them.
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Pillar of the Community
United States
1189 Posts |
$1.50 for truly UNC silver Roosevelts isn't a bad deal. That's $75 a roll. With that said 1964 is by far the most common of the silver issues.
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Bedrock of the Community
United States
20753 Posts |
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Pillar of the Community
United States
1000 Posts |
I don't have any great affinity towards them. I just noticed shiny uncirculated stuff in the junk bin and was intrigued.
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Pillar of the Community
United States
1119 Posts |
1.50 is a tad high for stacking. if you have holes in an album that need filling then go for it
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Valued Member
United States
147 Posts |
Melt at the time of this reply, 90% dime $1.26 and Morgan $13.51. Silver went up a few days ago and has held within a few cents. Just FYI.
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Pillar of the Community
United States
1000 Posts |
Thanks Jovian. I saw that it was $1.27 for the dime last night. I use this site to calculate the silver value of US coins: http://www.australian-coins.com/sil...coin-values/ The shop stated that they sell their junk silver at spot plus two bucks, which came out to the high $1.40s, or just under one fifty. |
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Replies: 13 / Views: 1,501 |
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Posted 02/02/2017 12:02 am
