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Replies: 13 / Views: 1,044 |
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Pillar of the Community
United States
623 Posts |
Reaching out to the forum members to see who got the better end of this deal. I had 50 1oz silver Canadian Grizzlys that I paid spot + $2 premium per coin. I traded for the following 68 Morgan dollars. I was disappointed by a few of the worn coins. I am not a Morgan expert so please let me know what you think!    Edited by Russ789 08/06/2011 4:35 pm
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Valued Member
United States
458 Posts |
I love Morgans, but I am no expert. Just seeing all those Morgans makes me jealous :)
Did you make this trade on here, or at a shop?
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Pillar of the Community
United States
3177 Posts |
Any CC mint marks in the bunch?
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Pillar of the Community
 United States
623 Posts |
I did the trade with an individual. No CC mint marks...I did know to check for those. ;-)
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Pillar of the Community
United States
3177 Posts |
Well not knowing how much spot you paid for the Grizzly's, at today's silver spot, I'd say it was an even trade. Good start on a Morgan set.
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Valued Member
United States
458 Posts |
Seems like a fair trade to me.
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Pillar of the Community
 United States
623 Posts |
From what I can tell, Morgans are sold in AG and VG+ grades. There are probably 9 coins that are not VG, which is what I was supposed to get. If I were to sell them, say on the this forum or locally on craigslist what is fair for them? Spot? Spot + a premium?
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Valued Member
United States
458 Posts |
I think they are going for about 35 dollars each right now.
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Moderator
 United States
23522 Posts |
I'd say you came out rather to the good; a Morgan cannot be found for less than $30 on ebay and rarely under $35. Are you interested in Morgan varieties? 
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Pillar of the Community
Canada
4944 Posts |
Edited by Canadian-Banknotes 08/06/2011 5:33 pm
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Pillar of the Community
 United States
623 Posts |
Quote: Are you interested in Morgan varieties? If you find any varieties that demand a good premium let me know. I will cut you a deal if you want the coin. 
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Moderator
 United States
23522 Posts |
Tough from the photos presented; I'll give you a couple of (relatively) quick keys to cherrying notable varieties from circulated Morgans (many Morgan varieties are common enough so that only Mint State examples offer increased value):
First, stack the 1921-P's, and report finding any whose reeding is noticeably wider than the others - it'll be also wider than any of the Morgans from other dates. Another 1921 possibility is to look for pitting caused by rust on the reverse. If there, it will be noticeable near the tailfeathers, UN/LL, or in the (viewer's) left wing and/or left fields. These are all separate possibilities, not connected to each other. Any 1921's from the other two mints, we will want to explore individually.
Second, with the other dates, look for classic signs of clashing. If you don't know what those are yet, let me know and I'll run it down for you. This would be only a first step towards nailing potential value-added varieties; clashing is common on Morgans but a few of them have considerable additional value.
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Bedrock of the Community
United States
14454 Posts |
you better drop the Morgans and run away, SD is trying to convert you into as VAMmer and once it takes hold its very hard to ever break free (I don't know anyone that has ever succeeded breaking free yet) 
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Pillar of the Community
United States
2120 Posts |
52.5 ounces of silver in those Morgans. Good deal IMO.
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Replies: 13 / Views: 1,044 |
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