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 Replies: 14 / Views: 2,303 |
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Pillar of the Community
United States
1348 Posts |
What is a good price to ask? I would try to sell on here but people only want to pay silver value on them. Thanks   |
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Moderator
 United States
23522 Posts |
With all due respect, if you're asking much more than melt, you're asking too much. An MS63 1921-D Morgan is still only a $50 coin. Selling in bulk like that, $1700 is probably at the top of the market. Any value-added varieties?  |
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Pillar of the Community
 United States
1348 Posts |
My asking price is $1635. Had a couple people email wanting $1585 and such, but I figure i'll hold out. I think they're worth it.
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Pillar of the Community
United States
2335 Posts |
I don't think $1635 is out of line.
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Pillar of the Community
United States
1151 Posts |
Yeah I agree that $1635 is incredebly reasonable.
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Rest in Peace
United States
9104 Posts |
Quote:
I would try to sell on here but people only want to pay silver value on them. Two years ago, their collector value was $16 each, with a couple exceptions. That's $768. In light of that, is $1585 out of line? Or would you prefer to sell for their collector value? |
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Pillar of the Community
United States
2424 Posts |
good point fred.
it was only last april that I bought some "junk" peace and morgans for $17 each. that was when silver was $18/oz I think..
depending on WHEN you acquired them and for WHAT price/oz I would say any profit is a good profit. and to be honest, craigslist doesn't have THAT great of a track record. I dont trust craigs anymore. especially with that much coin. doesn't matter where you meet.
but if you had them for some time, that $1585 "lowball" doesn't seem so low IMO...
if you were to break up the lot a a little bit, maybe more people here would like to buy them. but I dont know your circumstances or timeline to unload these. best of luck
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Valued Member
United States
123 Posts |
What you paid for them has no relevance for what their value is right now (neither does what what they were worth two years ago) or what you should try to sell them for. That being said, I would rather sell them here for $1600 than for $1700 on ebay or deal with the risk of craigslist. There always seems to be people who will pay a little premium over melt for Morgans and Peace dollars, though usually not so much in bulk - not to mention that you leave out some potential customers who aren't in position to spend that much money. |
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Pillar of the Community
United States
1353 Posts |
I agree with Super Dave.....Silver Melt looks like $31.80 per coin currently..If you use Ebay/Paypal/s&H costs you may net less then melt.
If you can get melt for the mix you have I think you would doing ok.
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Pillar of the Community
United States
1704 Posts |
Quote:
An MS63 1921-D Morgan is still only a $50 coin. I'd like to know where you can buy common date Morgan dollars for just $50.00 as they have been at $65.00 since silver spot price was at the $48.00 level at all of the coin shows in my area. August 19 CDN grey sheet has the 1921-D in MS-63 bid / ask at $60.00 / $65.00. Ed ANA LM-3175 |
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Moderator
United States
23522 Posts |
Fine.  You're right, of course; I'm still living in last year. A rising tide floats all ships.  |
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Bedrock of the Community
United States
11951 Posts |
I think if you get the $1635 you are doing very good.
What Morgans are selling for has a lot to do with the area you are in and
how your buying them... E bay/online, Craigslist or local coin shops.
In the past 3 weeks I bought 54 Morgans (not all at same time) for $30 and $31 each.
Yes silver was at $48.00 but it is not there right now.
I buy them for my father, because he has no coin shops in his area (Alaska).
The coin shops here are buying hundreds of Morgans. They can not sit on them.
I know what the big bullion dealers are paying, if you are in the right place
at the right time, a person can get a good deal by saving the dealers shipping charges
they have to send to the big bullion dealers.
I guess what I am saying is, depending on what others are paying in your area,
could have a lot to do with getting $1635/$34 per coin. If I counted right
you have 48 coins. I think SuperDave has it right, saying closer to melt is most likely
what you would get.
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Pillar of the Community
United States
1348 Posts |
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Moderator
United States
23522 Posts |
Quote:
I buy them for my father, because he has no coin shops in his area (Alaska). Um, http://www.alaskacoinexchange.com/index.htmMike, the owner, is a member here, and was a dealer I wholeheartedly recommended before he knew Coin Community existed. He has just about anything, and is especially well-known as a prime source for pieces which are of lower grade but still nice. |
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Forum Dad
United States
24164 Posts |
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Replies: 14 / Views: 2,303 |
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Posted 08/28/2011 07:41 am
