Slaabed Generic Morgan dollar stacking?
yspsales
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How did PCGS slabbed generic Morgan Dollars fare in the last big run up in silver?
Figured $10k would get me around 25 each MS63, MS64, MS65, and MS66.
Same question is how did the run up affect with Peace Dollars, Franklin's, walking Liberty halves.
Thanks in advance
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oh god no
Collector vs stacker. I am both and I try not to mix the two. With coins this is how I separate them:
stacker: intrinsic value of the PM, it is just a round piece of metal with a cool design
collector: intrinsic value plus any numismatic value plus everything that entails
My two cents.
Back to collecting... oops, wrong forum. Back to stacking! LOL
I like to dabble with crack out and grading raw numismatic coins.
Figured it could double as a sort of grading set/stack set.
I seem to recall generic MS63 and MS64 getting bailed out and rising some but not catching all of the appreciation.
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My collection and stacks are different... but, of course, similar. The precious metal content is good, numismatic value even better....so, for me, it is a win/win situation. Cheers, RickO
In 2011, I remember all of the grades going up. Find a Greysheet from May of 2011 and you'll see....
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Are you talking about values or gradeflation or perhaps both.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
@PerryHall No idea really, I just remember all the grades were higher prices in the CDN back in 2011
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Stack ungraded common circs
you are correct , this the path to elightenment. Never dilute the stack with plastic
I must say, common 65's at 100 bucks a piece can't be that bad of a play...
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This was a 100 bucks:
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for 100 you could have 5 circs maybe 6 , gradeflation won't be an issue
How did PCGS slabbed generic Morgan Dollars fare in the last big run up in silver?
In general they did very well and sold like hot cakes at inflated prices. Just make sure they are pre-1921 and slabbed by PCGS or NGC. I had several boxes of 63/64s that I sold and did quite well. O course silver was flying high in 2010 thru 2012 so darn near anything with Ag in it was doing well. But yeah, pre-1921 generic Morgans were white hot for a couple years there.
as long as you unloaded them , its been the death of a thousand cuts ever since
How much did 63s, 64s and 65s trade for?
Knowledge is the enemy of fear
Wanna buy a bucket of cull 90%? If silver takes a huge run up again it will have better gains than BU Morgans. It might not look pretty but will get the job done.
What are avg circ Morgans and peace going for?
Ya can stack anything ya want...
The % profit upon sale divided by the time held (or the utility upon consumption divided by storage space and cost) plus the enjoyment factor, minus the opportunity cost, will determine the net wisdom of the purchase.
Liberty: Parent of Science & Industry
For generic pre21s in top tier holders,
63s were $50 to $60
64s were $80 to $90
I didn't have quantities of 65s but they were generally around $150.
It was a fun time. Especially with the Bing Cashback promos. Making money was like shooting rats in a barrel.