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Kurr
Penny Collector Member
288 Posts |
 Posted - 07/03/2008 : 15:21:36
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Bought these yesterday.
One Morgan and one Peace, 18 per. The Morgan picture doesn't do it justice, really clean coin, lots of detail an no scratches. Looks uncirculated to me, I am no grader though.
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A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
Democracy is three wolves and two sheep voting on whats for dinner.
Freedom is armed sheep contesting the vote. |
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Gr33nday43
Penny Pincher Member
USA
249 Posts |
Posted - 07/03/2008 : 15:23:52
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| eh...uncirculated morgans are very common...I would look around for another dealer, if I was you. You aren't getting ripped, but you aren't getting good prices either IMO. |
HoardCode0.1:M/1USKY:US1Cu35000
Buying and occasionally selling wheat pennies and copper pennies(Sell a lot of silver as well) PM me for more details.
http://coppercave.com
Founded by Natsb88! |
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Kurr
Penny Collector Member
288 Posts |
Posted - 07/03/2008 : 15:38:32
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| Ah, thank you. I will probably order next from a board member on trade. The only other dealer is waaaay higher than this guy. |
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
Democracy is three wolves and two sheep voting on whats for dinner.
Freedom is armed sheep contesting the vote. |
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misteroman
Moderator
USA
1159 Posts |
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Kurr
Penny Collector Member
288 Posts |
Posted - 07/03/2008 : 17:50:11
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If I didn't want to hear it I wouldn't have asked. It's really hard to offend me normally. 
I am new as I said before to buying and am just trying to catch up to the learning curve without paying too steep a price. You guys know the trade, so I appreciate your responses. |
A number of people are educated beyond, sometimes way beyond, their intelligence. - Tenbears
Democracy is three wolves and two sheep voting on whats for dinner.
Freedom is armed sheep contesting the vote. |
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Nickelless
Penny Hoarding Member
USA
818 Posts |
Posted - 07/03/2008 : 17:54:38
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quote:
Originally posted by Kurr
I am new as I said before to buying and am just trying to catch up to the learning curve without paying too steep a price. You guys know the trade, so I appreciate your responses.
Hey man, there are probably more than a few of us on here (myself included) kicking ourselves that we didn't start thinking about buying silver in 2001, but the fact that we've found this board means that we're learning quickly!
My approach to buying silver is sort of like the old StarKist Tuna commercials--I don't want silver that looks good, I just want the goods that are silver. |
Bid your heart out on my copper cent auctions : http://search.ebay.com/_W0QQsassZyellowbanks42301 |
Edited by - Nickelless on 07/03/2008 17:59:56 |
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fb101
Penny Collector Member
USA
495 Posts |
Posted - 07/03/2008 : 18:13:32
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I checked a local dealer today that I haven't checked in a while. He wants $22 for Peace and $25 for Morgans. He also wants $23 for all eagles except 08's which he wants $25 for.
I guess it's obvious why I haven't checked him in a while... ;)
I don't think the price was that bad, although only because of experience I would have passed.
Congratulations on your first silver! |
A taxpayer voting for Obama is like a chicken voting for Frank Perdue |
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natsb88
Penny Collector Member
USA
281 Posts |
Posted - 07/03/2008 : 19:47:13
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| The only Morgan I have I got from a local dealer for $13 because it was damaged (looked like someone took a belt sander to the back side). I only wanted it for the silver value anyway. |
Nate
www.coppercave.com |
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NotABigDeal
1000+ Penny Miser Member
USA
1327 Posts |
Posted - 07/03/2008 : 21:32:03
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I agree that it was a bit high. If you are buying purely for silver value, cull coins are not a bad way to invest. As long as you can tell what the coin is, why not grab it up. Silver is silver....
Deal |
I'm so sick over pennies....I frequently trade a dime or two for the whole "take-a-penny" container if sufficient coppers exist. That will get you some odd looks.
Steady looking for the elusive Indian head.... |
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Flbandit
Penny Collector Member
USA
356 Posts |
Posted - 07/03/2008 : 22:23:01
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| A little high but not real bad. |
Are you throwing that out? |
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just carl
Penny Collector Member
USA
374 Posts |
Posted - 07/07/2008 : 09:04:41
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| Those are rather hot on the market of coins lately. Even books now being sold on just Morgans. Of course as already noted the prices were a little on the high side but I've seen them for a lot more and not to many for less. Keep up the good searching. |
Carl |
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CoinHunter53562
Penny Collector Member
USA
498 Posts |
Posted - 07/08/2008 : 11:55:57
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| Yeah a little high, but hold on to them as silver goes up and your buy will look good down the road. Just as a point of reference, there are some dealers around here selling common silver dollars for around $16/each currently so at $18/each it's not too terribly bad. |
Load up now while you can!
HoardCode0.1:M38/1USWI:US1Cu20990:US5CuNi985 |
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TenBears
Penny Hoarding Member
769 Posts |
Posted - 07/08/2008 : 12:33:21
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quote:
Originally posted by CoinHunter53562
Yeah a little high, but hold on to them as silver goes up and your buy will look good down the road. Just as a point of reference, there are some dealers around here selling common silver dollars for around $16/each currently so at $18/each it's not too terribly bad.
$16 is the same price I can get in Dallas. However, the price you paid of $18 is good compared to most dealers. Many dealers I visit have these old silver dollars going in the $22 to $23 range. So, did you get the best deal possible? No, but you also got a pretty good deal when compared to what most dealers charge. You can't buy Morgans or Peace for junk (spot); they carry a bit of a numistmatic premium. 21 in the Morgan is a common date, but it is silver. I don't have my Red Book with me to check the Peace dates.
I like your purchases. A silver dollar just feels like it is worth something. The pictures are not sharp enough to grade the coins. The Morgan may even go AU just from the picture. I wish we still carried and spent those. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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Ant
Penny Collector Member
282 Posts |
Posted - 07/08/2008 : 14:16:45
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Not that bad a deal at all, considering how popular morgans and peace dollars are now. Plus you have to figure in that even if you found a good deal online at Apmex or eBay, you'd still have to pay shipping, plus stress a little until your coins actually arrived, plus it probably wouldn't be worthwhile to only buy two and have them shipped . . .
. . . feel better? 
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"No, man. You gotta keep goin'. What am I gonna do? Quit? That's not an option. Life's a garden. Dig it? You make it work for you. You never give up, man. That's my philosophy." --Joe Dirt |
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scott71578
Penny Pincher Member
USA
130 Posts |
Posted - 07/08/2008 : 14:21:50
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if you enjoy the coins....you cant put a price on it.
good buy. |
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Ant
Penny Collector Member
282 Posts |
Posted - 07/08/2008 : 16:34:36
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quote:
Originally posted by scott71578
if you enjoy the coins....you cant put a price on it.
Exactly! (Well, within reason, of course.)
Now go on, take them out and have another look at them, Kurr. 
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"No, man. You gotta keep goin'. What am I gonna do? Quit? That's not an option. Life's a garden. Dig it? You make it work for you. You never give up, man. That's my philosophy." --Joe Dirt |
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TenBears
Penny Hoarding Member
769 Posts |
Posted - 07/08/2008 : 21:25:51
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| I did a little checking this afternoon. best price I could find was $15 per if bought everything the dealer had. $16 each for complete tubes (20 coins), and $17 each if I wanted to cherry pick a few from the selection. So, Kurr, I think you got a very good deal. With those two in your pocket you have some real money. I wonder what two silver dollars would have bought back in 1922? Those might have bought a couple of good steaks just like they would still today. |
"Rich," the Old Man said dreamily, "is not baying after what you can't have. Rich is having the time to do what you want to do. Rich is a little whiskey to drink and some food to eat and a roof over your head and a fish pole and a boat and a gun and a dollar for a box of shells. Rich is not owing any money to anybody, and not spending what you haven't got." Robert Ruark
there are too wild Indians...
there are too wild Indians...
there are too wild Indians...-----still taunted
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How did I do?
