1883 Morgan Question - Coin Community Forum

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Author	Replies: 8 / Views: 966
LTMets44 Pillar of the Community United States 580 Posts	Posted 08/23/2011 12:59 am A friend wants to sell me this 1883 Morgan. How much should I offer? Thanks Guys. Edited by LTMets44 08/23/2011 01:21 am Report this Post to the Staff

aladinslamp Pillar of the Community United States 3076 Posts	Posted 08/23/2011 02:48 am looks wiped to me, or cleaned, so its melt value about 34 bucks at todays prices..not a high grade either.. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 08/23/2011 11:18 am This is a cleaned, melt-value coin. Report this Post to the Staff
D0ubl3Eagle Pillar of the Community United States 5854 Posts	Posted 08/23/2011 11:56 am Probably not worth much more than melt. Report this Post to the Staff
LTMets44 Pillar of the Community United States 580 Posts	Posted 08/23/2011 2:58 pm I agree. I think I would offer him no more than $30. I can get a hand full of valueless Morgans from my local dealer for $34 each. Thank you guys. Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 08/23/2011 3:47 pm If he's really a friend, he'll buy you a beer with it. Report this Post to the Staff
Gyrene7483 Pillar of the Community United States 1704 Posts	Posted 08/23/2011 3:59 pm At the moment, 1558 EDT, spot silver is 41.58 so actual silver value is $32.16 so an offer of $32.00 give or take a dollar or two would be fair. Ed ANA LM-31-75 Report this Post to the Staff
LTMets44 Pillar of the Community United States 580 Posts	Posted 08/23/2011 4:01 pm I told him I'd give him more than what a dealer would give him and less than what I would have to buy one from a dealer for. I think that's fair. Thank you guys for your opinions. But you all agree that it was cleaned? That was my 1st impression too. Report this Post to the Staff
LTMets44 Pillar of the Community United States 580 Posts	Posted 08/29/2011 7:51 pm Just an update. I offered my friend $30 for the Morgan. He told me that he only wanted $25. I took the deal. =) Report this Post to the Staff
	Replies: 8 / Views: 966

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