i have 2 really good looken morgans that i paid 50 bucks ea for. silver is at 25 now at best. im not sure it wont go to 15 again.
are just the every day of the mill UNC morgans worth double the price of silver?
thanks
the value of morgans vs the price of silver
Moderator: Daniel
Forum rules
Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
Here's a link to how to post a topic with images in our community https://coinauctionshelp.com/welcome-to ... community/
___________________________________________________________________________________________________________
You also agree to follow these guidelines. You must agree to these rules to be a member of this forum. NO SPAM! Spam is deleted within minutes, no spam will ever be left in our community.
1. Post a front and back image of your coin with a specific question about what you’re seeing or asking about and one coin per topic.
2. Please remove coin from the holder unless it’s US or an official mint case or unless it is graded by a grading service.
3. Images should be taken by a camera or cell phone camera, we ask that members don’t use images through a microscope screen.
4. Always start your own topic, please don’t ask about your coin or post your coin in someone else’s coin topic.
5. Do not send private messages about your coin unless an Admin ask you too and the same for sending emails through the board.
6. No spam. Do not post any links to your coin or other non-coin websites.
7. Always be respectful even if something makes you upset or you don’t agree with a member. You can always get a second opinion elsewhere. If you have an issue then politely ask an admin in an PM. PM’s are for issues, technical and personal, but not for coin questions (refer to number 5 on this list). Our community is not a soap box for complaining or drama, so please refrain from doing so here.[/size]
-
- Coining Around
- Posts: 18
- Joined: Fri Oct 09, 2020 8:16 pm
- Has thanked: 3 times
- Been thanked: 2 times
-
- Coining Around
- Posts: 2
- Joined: Wed Oct 21, 2020 10:59 pm
- Has thanked: 3 times
- Been thanked: 1 time
Re: the value of morgans vs the price of silver
Morgans will always carry a premium over silver, in my opinion. Even if silver does go way down again (as you implied, I wouldn't be surprised if it does), you'd still be able to make your money back off of those if not a little more than what you paid.
- Daniel
- Administrator
- Posts: 26516
- Joined: Wed Jan 28, 2009 4:59 pm
- Location: Ohio
- Has thanked: 1148 times
- Been thanked: 4160 times
- Contact:
-
- Coining Around
- Posts: 18
- Joined: Fri Oct 09, 2020 8:16 pm
- Has thanked: 3 times
- Been thanked: 2 times
Re: the value of morgans vs the price of silver
thanks for the reply Daniel.
like the coins you sent me
like the coins you sent me
- Jack Bee Nimble
- Coining Around
- Posts: 24
- Joined: Fri Jul 03, 2020 4:58 pm
- Location: NE Iowa
- Has thanked: 18 times
- Been thanked: 2 times
Re: the value of morgans vs the price of silver
I am no expert, but when valuing the silver content in a coin, I look to http://www.coinflation.com/silver_coin_values.html
The local coin shop that I have my wife visit for me has a collection of coins for guys like me who like to collect for silver value. They are mostly common date coins. This trip, I wanted a Morgan dollar for my collection. This is how he presented it to my wife.
Since I was wanting one just as a specimen and not for its collector's value, I had her pick one out of the $25 lot. This is what she got me.
For $25, I think I did okay. I'm happy. I don't know what a coin shop would pay me for the coin. Melt is about $19.
I suppose for purely investing reasons, I would probably be better off sticking to bullion coins where I should always get melt and my premiums aren't quite as high.
The local coin shop that I have my wife visit for me has a collection of coins for guys like me who like to collect for silver value. They are mostly common date coins. This trip, I wanted a Morgan dollar for my collection. This is how he presented it to my wife.
Since I was wanting one just as a specimen and not for its collector's value, I had her pick one out of the $25 lot. This is what she got me.
For $25, I think I did okay. I'm happy. I don't know what a coin shop would pay me for the coin. Melt is about $19.
I suppose for purely investing reasons, I would probably be better off sticking to bullion coins where I should always get melt and my premiums aren't quite as high.
- Earle42
- Administrator
- Posts: 16014
- Joined: Tue Apr 02, 2019 11:18 am
- Location: OH
- Has thanked: 1383 times
- Been thanked: 4992 times
Re: the value of morgans vs the price of silver
I remember back before the obama Great Depression that silver was lower...12.00 face or so. Yet the local coin shop still had generic Morgans and Peace dollars at 23-25.00.
I believe the concept of them being a MORGAN SILVER DOLLAR means people tend to value them also as pieces of history and not just silver to be melted.
I believe the concept of them being a MORGAN SILVER DOLLAR means people tend to value them also as pieces of history and not just silver to be melted.
Common grading company shortcomings & resulting co$tly mi$take$ to collectors (using Kennedy No FG halves):
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
https://tinyurl.com/y7rksxu8
How much squash would a sasquatch squash if a sasquatch would squash squash?
-
- Similar Topics
- Replies
- Views
- Last post
-
- 11 Replies
- 1023 Views
-
Last post by Marvic
-
- 0 Replies
- 1366 Views
-
Last post by tbird165
-
- 1 Replies
- 6337 Views
-
Last post by adem9438
-
- 0 Replies
- 2483 Views
-
Last post by tbird165
-
- 1 Replies
- 2324 Views
-
Last post by Daniel
-
- 9 Replies
- 1444 Views
-
Last post by Earle42
-
- 7 Replies
- 2613 Views
-
Last post by Daniel
-
- 3 Replies
- 788 Views
-
Last post by Daniel
-
- 4 Replies
- 425 Views
-
Last post by Daniel
-
- 4 Replies
- 3000 Views
-
Last post by americanlegacy