Coin Value For Common Date Morgan Or Peace Dollar That Is Ag, G Or Harshly Cleaned/Polished

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Author	Replies: 7 / Views: 1,202
Hunter611 Valued Member United States 338 Posts	Posted 11/08/2020 08:15 am A recent question got me to thinking about a coin's value (Morgans and Peace) when buying or selling. In either case what do you expect in price (selling or buying) when taking the coin's melt value for a common date Morgan or Peace that is AG, G or harshly clean/polished? Report this Post to the Staff

hfjacinto Pillar of the Community United States 7273 Posts	Posted 11/08/2020 08:26 am I found that common date Peace dollars in AU sell for a small premium over melt, so any worn one will probably sell for melt. Same will liberty dimes and Roosevelt's. In the cases of those pick the best looking ones. My Slabbed Dansco 7070 with Gold Page My Slabbed IHC Set My Slabbed 20th Century Type Set Report this Post to the Staff
John1 Moderator United States 56855 Posts	Posted 11/08/2020 08:33 am Also,keep in mind those silver dollars are only 90% silver.Not a full ounce of silver. John1 Report this Post to the Staff
Hunter611 Valued Member United States 338 Posts	Posted 11/08/2020 10:04 am Good point about the 90% which is why I through out the melt value as a base number to work off of. Report this Post to the Staff
suipakpaikungfu Pillar of the Community United States 992 Posts	Posted 11/10/2020 3:49 pm I'd be buying under melt for those. Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 11/11/2020 09:25 am I really feel to many people are going Silver Dollar nuts. Report this Post to the Staff
Ty2020b Pillar of the Community United States 4680 Posts	Posted 11/11/2020 11:18 am I've never been big on Morgan's given the high premiums people are willing to pay, therefore creating the market pricing that IMO is high. Don't get me wrong, they're beautiful, and will possibly put together a date set one day ( but very slowly given the price I am willing to pay for them). But I digress. Morgan's tend to hold the highest premium of the " junk silver". These premiums fluctuate with the market. I personally would never pay over melt for culls, and not much of a premium over melt for your common F-XF. I sold off most of my Morgan's privately when silver spiked the second time in August for well over melt, which to me is crazy. Looking at recent sold listings, looks like it hasn't changed. Report this Post to the Staff
TreasHunt Pillar of the Community United States 2540 Posts	Posted 11/17/2020 1:30 pm melt Report this Post to the Staff
	Replies: 7 / Views: 1,202

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