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Posted 03/25/2017 09:37 am
Agreeing with some previous posts.
If buying for your collection because you happen to be in love with this particular coin, then do as you wish. There is nothing rare or special about this coin, it is the definition of a commoditized Morgan, so you better really love it.
If buying as a quick flip, the time and effort and postage and maybe commission to sell it would likely be more than the "profit".
For long term financial investment, it's a risk when compared to many other places to put cash into. But at least you have most of an ounce silver in your hand regardless of paper value at that point.
I would not tie up my hard earned cash myself.
If I wanted to make a buck for coins, I would take my $22 to a Saturday garage sale and find 4-5 cheap whatever items I could get 2-4x my money via Craigslist or ebay.
If buying for your collection because you happen to be in love with this particular coin, then do as you wish. There is nothing rare or special about this coin, it is the definition of a commoditized Morgan, so you better really love it.
If buying as a quick flip, the time and effort and postage and maybe commission to sell it would likely be more than the "profit".
For long term financial investment, it's a risk when compared to many other places to put cash into. But at least you have most of an ounce silver in your hand regardless of paper value at that point.
I would not tie up my hard earned cash myself.
If I wanted to make a buck for coins, I would take my $22 to a Saturday garage sale and find 4-5 cheap whatever items I could get 2-4x my money via Craigslist or ebay.
