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 Replies: 16 / Views: 804 |
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Pillar of the Community
Italy
1130 Posts |
I am sorting through some rolls deciding what to bring to the u.s. this summer to trade or sell. I have a few tubes of lower grade 22/23 Peace dollars and I always buys quarters to trade for gold ....but I'm unsure on Morgans like this one.... It's clearly been cleaned ....and a very common date. Curious to hear some opinions from the forum...   *** Moved by Staff moved to a more appropriate forum. *** |
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Moderator
 United States
34426 Posts |
@roma, just to be clear, are you asking about a VAM or a grade for this Morgan? Thx for the clarification so that I can ensure that your thread is in the right spot. Thx. "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
 Italy
1130 Posts |
Sorry Spence, I was probably asking more for a grade than a VAM; I have a number of obviously cleaned Morgans and I'm undecided on what to do with them. |
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Bedrock of the Community
United States
94367 Posts |
I'll say high AU details (cleaned). Just a bullion coin to me.
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Bedrock of the Community
United States
74624 Posts |
I'll say AU Details.
Errers and Varietys.
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Pillar of the Community
Italy
1130 Posts |
Thanks everyone... So as a 'bullion coin' I should expect it to be worth melt?
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Bedrock of the Community
United States
25409 Posts |
Roma, "junk silver" Morgans sell above melt - in the range of $25 - $30 or so with the current silver price.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
Italy
1130 Posts |
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Bedrock of the Community
 United States
18685 Posts |
keep this in mind. if you're coming here to sell you probably are looking at a show or a LCS in order to unload them quickly. either way they are not going to pay retail for a coin and detail coins significantly less than their value and most places would just pay melt or a little over depending the severity of the details for silver
this one AU details. because of its higher grade and the cleaning was not harsh I agree you should be able to get $25-30. there looks like a small rim hit obv K12 also
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Bedrock of the Community
United States
36828 Posts |
AU details, cleaned or polished.
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Pillar of the Community
United States
2282 Posts |
Problem coin, don't know where you're selling and what prices you get, could be worth it to being.
You realize when you know how to think, it empowers you far beyond those who know only what to think.
-Neil deGrasse Tyson
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Pillar of the Community
Italy
1130 Posts |
Last summer I brought about 10-12lbs of pre 65 quarters, dimes, and halves back to the U.S. and traded for gold. There is a metals dealer near my family's house in the U.S. The transaction was extremely easy and he paid the highest of the dealers I called in the area. I have about 150+ Morgans and Peace; probably 100ish are ones I am happy to keep; original, not harshly cleaned, better dates, better overall (I've posted the range of coins I find on this forum); ideally, I'd like to sell/trade about 50 22/23 Peace dollars in various condition and some common date cleaned Morgans; when I cost average everything - all Morgans and Peace, I know my cost so I'd go from there; melt per coin vs. slight premium, etc. I am fairly comfortable buying Roosevelt dimes, Washington quarters and halves here and knowing my buy/sell prices, but I haven't sold silver dollars before. Just culling through the stacks and considering things. |
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Bedrock of the Community
United States
18685 Posts |
thats interesting you bring them to a metal dealer to sell them. typically this is where you get the lowest price and since most US coins tend to cost more there I would think would get less than you paid for them.  |
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Pillar of the Community
Italy
1130 Posts |
@panz, I called six shops last year; the largest numismatic dealer in the metro area where I was, about four smaller shops, and one metal exchange; he paid over melt the rest paid at or below melt. I also don't think American coins cost more here; at least not compared to the four or five coin shops I've been in in the U.S. and my youtube knowledge. I think Italian and European coins cost more here. Many sellers here think their 1921 polished Morgan is worth 150 euro; but few sellers here have any interest in silver Washington quarters and Roosevelt dimes; and most sell Kennedy halves for below melt if they aren't 'FDC'; last year I was paying about half melt for a lot of these. I bought a few collections last year and paid less than melt; dealers have weighed coins - Morgans, Peace, and all pre-65 coins on a scale and sold to me at weight or weight rounded down. I don't think my posts show that coins cost more here; do they? I am asking sincerely. I don't think most of my posts discuss costs; I try to keep it about learning and collecting. I did say I limit my spending to 30 euro on morgans and 25 euro on Peace dollars and I've said a few costs a few times, but I try to avoid it. |
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Bedrock of the Community
United States
18685 Posts |
the only thing I got out of your posts was that its more challenging to find coins that havent been touched
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Pillar of the Community
Italy
1130 Posts |
@panz, that's a fair takeaway... I tend/tended to post more problem coins. And I tend to vent a little when I find harshly cleaned coins.
Edited by Roma2021
01/29/2024 1:59 pm
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Replies: 16 / Views: 804 |
Posted 01/28/2024 4:52 pm
