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Replies: 11 / Views: 1,652 |
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Pillar of the Community
United States
757 Posts |
hey all, wanted to get a few opinions on this. i found an ad on craigslist that was offering rolls of morgans and rolls of Peace dollars for 400.00 each, firm. my intuition says this is really a good deal. thoughts?
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Pillar of the Community
 United States
757 Posts |
oh yeah, and the guy claims they're all F to XF
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Valued Member
United States
497 Posts |
well melt is $423.08. Even if the coins are crap and you get it for 23 undermelt you did good. I would buy them if you have the money.
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Moderator
 United States
23522 Posts |
What's "melt" gonna be tomorrow?
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Pillar of the Community
 United States
757 Posts |
no se. what are you implying there dave?
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Pillar of the Community
United States
564 Posts |
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Pillar of the Community
United States
1027 Posts |
APMEX is paying $22.50 for VG-VF Morgans and 21.18 for similar Peace dollars (of course you probably have to have 1000 to get that price) so $20 each sounds like a very good price.
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Valued Member
United States
463 Posts |
morgans and peace are always a good buy, even if silver went down to 16-17 an oz again they would still be selling for 17-19. Cant go wrong with dollars IMO
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Pillar of the Community
United States
2150 Posts |
Quote: no se. what are you implying there dave?
What he is implying is what happens if on the off chance silver takes a nose dive the next couple days. If silver drops to $25 an ounce the value of the roll drops to about $387. There might be some coins of numismatic value in the roll but I'm betting they are being sold strictly as bullion.
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Bedrock of the Community
United States
10982 Posts |
If they're decent coins, that is a good price these days. If they're damaged/harshly cleaned/holed/etc then pass. Pre-1921 Morgans are great pieces to own, even the common-dates. I'd say take a look and see if they're really F to XF and get some dates too.
18 months ago $300 was a good price on these rolls as SuperDave implied.
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Pillar of the Community
United States
1285 Posts |
Quote: What's "melt" gonna be tomorrow? I know, I Know, I know  The same as 11/20/2010 up until 6 pm EST on 11/21/2010. At 6 pm EST over night markets start trading "down under" and up until then "melt" will be "static". Dave, I could not resist. 
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Pillar of the Community
United States
3278 Posts |
Its a fair price especially if you like them.
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Replies: 11 / Views: 1,652 |
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