Graysheet Or Estimated Dealer Offer For Morgans...?

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Author	Replies: 4 / Views: 1,139
Nvest New Member United States 19 Posts	Posted 08/03/2011 3:14 pm Hold or fold... I've got some common date PSGS MS63 Morgans that I'm thinking of trading up for one or two less-common coins while the silver prices are up. 1883-O, 1885-0, 1902-O... etc. Should I shoot for much higher than melt? I'm usually just buying when I go in, but haven't sold coins at the shop before and don't know what to expect. Report this Post to the Staff

Jamez Pillar of the Community United States 750 Posts	Posted 08/03/2011 3:29 pm Dealers in this area are paying about 20% back of Greysheet bid on Common Morgans, or bullion depends if they need them or not. Report this Post to the Staff
jmkendall Pillar of the Community United States 1590 Posts	Posted 08/06/2011 01:03 am Around here they would probably offer 30 to 35 dollars, and then list them for $44 and sell for $40. Even Graded by PCGS. Now I just checked ebay completed listings and they are selling at around $65 for MS 63 Pcgs Coins. Even with 15 percent fees that would still leave you with around $55 to $65 dollar profit if you sold them at auction. Report this Post to the Staff
Bryan1315 Bedrock of the Community United States 14454 Posts	Posted 08/06/2011 09:00 am I noticed you said PSGS instead of PCGS and I am hoping this is a typo but if it isn't the coin would need to be looked at to even make sure it was actually a MS-63 before any value can be given Report this Post to the Staff
daviscfad Pillar of the Community United States 4541 Posts	Posted 08/06/2011 09:17 am Report this Post to the Staff
	Replies: 4 / Views: 1,139

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