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Morgan And Peace Dollars

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Author Previous TopicReplies: 6 / Views: 1,445Next Topic  
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swrbxxx's Avatar
Canada
834 Posts
 Posted 03/07/2011  9:51 pm Show Profile   Bookmark this topic Add swrbxxx to your friends list Get a Link to this Message Number of Subscribers
I came across 22 of these morgan and Peace dollars.
Guy wants 20$ each for them, all various dates
is this a good price?
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nickelsearcher's Avatar
United States
15400 Posts
 Posted 03/07/2011  10:00 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
If they are genuine that buy all you can indeed.

At todays spot price of silver .. $35.89 per troy ounce ... each full weight Morgan/Peace dollar contains 0.7735 troy ounces of silver and has a base metal value of $28.03.

If they are fake ... well ... no go.

Do indeed know the difference!

David
Take a look at my other hobby ... http://www.jk-dk.art
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Coinstar's Avatar
United States
1510 Posts
 Posted 03/07/2011  10:54 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
HELL YEA!
Retired USAF 1983-2003
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ExoGuy's Avatar
United States
4415 Posts
 Posted 03/08/2011  10:09 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
Dealers at a show this past weekend were paying $25 each for any grade Morgan/Peace dollars. Silver has climbed yet another buck in the past two days.

I'll echo the concern that you must be sure that the coins are genuine. Weigh them and use a ring test before buying. Sadly, the rising value of silver will undoubtedly result in more crooks attempting to sell those Chinese counterfeits.
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ExoGuy's Avatar
United States
4415 Posts
 Posted 03/08/2011  10:11 pm  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
One more thought ... It's important to check every coin you may buy in a bulk lot. I saw one guy try to sell a dealer a mix of good and counterfeit silver dollars. Sneaky, huh?
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 03/09/2011  12:34 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
I would buy that in a heart beat
Valued Member
Piffin's Avatar
United States
299 Posts
 Posted 03/11/2011  4:23 pm  Show Profile   Bookmark this reply Add Piffin to your friends list Get a Link to this Reply
If genuine, that is a give-away price to make me lick my lips
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