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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins

Trade Value

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Author Previous TopicReplies: 3 / Views: 1,315Next Topic  
murty
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 Posted 11/20/2009  7:44 pm Show Profile   Bookmark this topic Add murty to your friends list Get a Link to this Message Number of Subscribers
Is trading common date vf-xf Morgans for 1 oz...proof eagles or burnished eagles or silver prospector rounds a fair trade.
Thanks
bmanofnbc
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1424 Posts
 Posted 11/20/2009  7:54 pm  Show Profile   Bookmark this reply Add bmanofnbc to your friends list Get a Link to this Reply
I think that depends on the spot price of silver at the time of the trade....right now I'd take the silver rounds over the Morgans but when silver is low the Morgans are worth more.
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trdhrdr007
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 Posted 11/21/2009  07:41 am  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
I don't know about fair, but I've got several Morgans I'd trade for bullion.
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925dealer
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 Posted 11/29/2009  6:55 pm  Show Profile   Bookmark this reply Add 925dealer to your friends list Get a Link to this Reply
Greysheet on morgans is around $15.00 each. Silver is trading at $18.35 +-. I would do the deal as long as the morgans were circulated and common date if the purpose is to make a quick buck. Otherwise it is a wash as most morgans will sell for $20.00-22.00, about the same as the silver rounds. Sincerely, John Leckrone
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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins



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