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 Replies: 11 / Views: 1,872 |
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New Member
Jordan
6 Posts |
Hi I recently got a collection of Morgans One $, I just don't know how much it worths. could you please help me? here is an example. thanks Ibrahim   |
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Pillar of the Community
United States
2120 Posts |
Well each individual coin could range from $20 to hundreds of dollars.
Are you planning on keeping them, or selling them?
If you are planning on keeping them and enriching your knowledge then this is a great place to start, but to help you, we will need more pictures.
Perhaps an easy way would be to put 9 of them side by side and take a picture, then do the same for the other side, and do that for all your coins. Then post them in the "Grading" forum for further assistance.
If you plan on selling them I suggest find at least 3 Coin dealers in your area and go to them and ask them all for a quote. This will give you an idea of what your collection is really worth. It may be useful to mention to each dealer you plan on getting a quote from multiple dealers, this may help "less than honest" dealers from trying to low-ball you.
Either way WELCOME!
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Pillar of the Community
United States
2373 Posts |
 That is sound advice. If the collection looks like the picture you posted, you have a nice stash of Morgans. That Morgan is not a key date and would net you about $20 on a fee based venue. If you are new to collecting stick around. There is a wealth of information shared here and WELCOME! nlp |
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Pillar of the Community
United States
2120 Posts |
And honestly, If you got them for free, and want nothing to do with them, go to a coin store, tell them your situation and ask for achive tubs to store them in. Then put them in a box, store it somewhere safe, and perhaps you will run into someone who is passionate about coin collecting and you can make their day, perhaps a son, daughter, or grandchild. But no too young ;)
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New Member
 Jordan
6 Posts |
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Pillar of the Community
United States
4846 Posts |
no, 1922 Peace dollars aren't worth much, as with all of the 1921 Morgan dollars, but the ones with the O mint mark, such as the 1884-O you have can be worth maybe $25 each |
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New Member
Jordan
6 Posts |
how about melting them and selling the silver, it is 80% silver, won't that be more worthy?
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Pillar of the Community
United States
4846 Posts |
no, you would get more selling them as coins rather than bars, people have more interest in coins than silver, you might get more than melt value alone.
do not melt them
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Pillar of the Community
United States
709 Posts |
Actually, they are 90% silver content. However, you would do better selling them as coins than you would having them melted for their silver content.
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Pillar of the Community
United States
3294 Posts |
People like to collect these, so while they have about $15 worth of silver, you can probably sell just about any Morgan or Peace silver dollar for at least $20.
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Pillar of the Community
United States
1934 Posts |
Make a type-written list and/or label each image of the entire collection. It sounds like you want to sell them sooner than later. If someone will give you $20 each for the lot and all you want to do is sell them quickly, take your chances and sell them.
Otherwise, given time and research, there are lots of key/semi-day dates and variety Morgans that may make the value of any one of your coins worth more than $20 to collectors.
You take your (huge) chances if you just slough off the lot without research.
Can you make a list for us of every coin that includes the date and mint mark? We'd be able to at least identify if you have a key or semi-key date and we could ask you to post pictures of specific coins in the lot.
Dont melt or sell them for melt.
Edited by j_h_s
06/14/2010 08:00 am
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Bedrock of the Community
United States
14454 Posts |
it is hard for me to see some of the dates in your pictures of the morgans but you posted this in the VAM section so I am guessing you were wondering if any of these had any VAM value to them. In order for us to be able to give you an attribution on which VAM each of the coins are we would need detailed pictures (the first picture you posted would do fine). Some VAM's can make a 20 dollar coin worth thousands of dollars but this is very rare and that is the reason the price reflects this. Each Morgan/peace Dollar is a VAM but usually the VAM will not add very much value to the coin at all and its just the knowledge factor that intrigues most of us. If you would like to know what VAM your coins are please just post individual pictures of each coin in their own thread and we have some very knowledgeable VAM collectors on this board that would be happy to try and track down what you have |
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Replies: 11 / Views: 1,872 |
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Posted 06/07/2010 8:15 pm
