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Kurr
1000+ Penny Miser Member
    
 2906 Posts |
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Gr33nday43
New Member

Uzbekistan
10 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. |
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Kurr
1000+ Penny Miser Member
    

2906 Posts |
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misteroman
Administrator
    

USA
2565 Posts |
Posted - 07/03/2008 : 17:26:13
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| to be honest a tad high.only trying to help,not put down your buy |
Buying CU cents!!!! Paying 1.2 unlimited amounts wanted. Can pick up if near Ohio area. |
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Kurr
1000+ Penny Miser Member
    

2906 Posts |
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Nickelless
Administrator
    

USA
5580 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. |
Visit my new preparedness site: Preparedness.cc/SurvivalPrep.net --Latest article: Stocking up on spices to keep food preps lively
---------------
Be prepared...and prepared to help: http://www.survivalblog.com/charity.html
Are you ready spiritually for hard times? http://www.jesusfreak.com/rapture.asp |
Edited by - Nickelless on 07/03/2008 17:59:56 |
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fb101
Administrator
    

USA
2856 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! |
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natsb88
Administrator
    

USA
1850 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 The Copper Cave
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NotABigDeal
1000+ Penny Miser Member
    

USA
3890 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 |
Live free or die. Plain and simple.
"If you love wealth more than liberty, the tranquility of servitude better than the animating contest of freedom, depart from us in peace. We ask not your council or your arms. Crouch down and lick the hand that feeds you. May your chains rest lightly upon you and may posterity forget that you were our countrymen." - Samuel Adams |
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Flbandit
Penny Hoarding Member
   

USA
851 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 Hoarding Member
   

USA
601 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
1000+ Penny Miser Member
    

USA
1805 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. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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TenBears
1000+ Penny Miser Member
    

USA
1021 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 Hoarding Member
   

USA
894 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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Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote
Coins are the metallic footprints of the history of nations. --William H. Woodin |
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n/a
deleted
 

139 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 Hoarding Member
   

USA
894 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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Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote
Coins are the metallic footprints of the history of nations. --William H. Woodin |
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TenBears
1000+ Penny Miser Member
    

USA
1021 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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