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What's a good buy price for silver dollars?

MsMorrisineMsMorrisine Posts: 33,092 ✭✭✭✭✭
edited May 10, 2019 8:01AM in Precious Metals

I'm the one looking to buy? (not cull)

Current maintainer of Stone's Master List of Favorite Websites // My BST transactions

Comments

  • cohodkcohodk Posts: 19,147 ✭✭✭✭✭

    $10 each.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MsMorrisineMsMorrisine Posts: 33,092 ✭✭✭✭✭

    that's below melt. perhaps I should have formulated my question better.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • cohodkcohodk Posts: 19,147 ✭✭✭✭✭

    I thought that was a good price 🤪

    But I think what you are really asking is , what do YOU (the OP) think is a good price?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MsMorrisineMsMorrisine Posts: 33,092 ✭✭✭✭✭

    I'm not sure what a good price is, that is why I'm asking

    They seem to draw a premium over melt. What's a good number for me to buy them at? $14? $15? more?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • cohodkcohodk Posts: 19,147 ✭✭✭✭✭

    Here is a link to a large wholesalers but list...

    http://www.azcoinexchange.com/BuyList.htm

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • MsMorrisineMsMorrisine Posts: 33,092 ✭✭✭✭✭
    edited May 10, 2019 8:22AM

    ok, but what should I expect to pay?

    it's hard to tell from the pictures on ebay. it seems the culls go for about $14-15 and the non about $17-$17.5.

    I need an insanity check.

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • topstuftopstuf Posts: 14,803 ✭✭✭✭✭

    I sold a few hundred like this for $29 straight through a couple months ago. :)

  • cohodkcohodk Posts: 19,147 ✭✭✭✭✭

    @MsMorrisine said:
    ok, but what should I expect to pay?

    it's hard to tell from the pictures on ebay. it seems the culls go for about $14-15 and the non about $17-$17.5.

    I need an insanity check.

    I would pay what wholesalers pay. If you want to pay what the general public pays, then I think you've found your pricing levels.

    Or perhaps you would be comfortable finding a level between wholesale and retail.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    You should establish your price comfort zone - or zones... one price for culls, another for mid range, and of course, premiums for high grades....also, why are you buying silver? For investment? Future sales? Or just stacking. Cheers, RickO

  • MsMorrisineMsMorrisine Posts: 33,092 ✭✭✭✭✭

    stacking

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭

    Find something that stacks better.

  • blitzdudeblitzdude Posts: 5,901 ✭✭✭✭✭

    AU $15 Morgan, $13 Peace seems about right.

    The whole worlds off its rocker, buy Gold™.

  • Jinx86Jinx86 Posts: 3,710 ✭✭✭✭✭

    @blitzdude said:
    AU $15 Morgan, $13 Peace seems about right.

    Where? I pay better than that over the counter.

  • PerryHallPerryHall Posts: 46,144 ✭✭✭✭✭

    For a question like this I go to the web site of one of the major bullion dealers such as APMEX to see what they charge for bulk common date silver dollars. This will give you some idea of the retail prices. Don't forget that the 1921 Morgan dollars trade for a little less than other common date Morgan dollars in low MS and circulated grades.

    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

  • maybe $12?

    Knowing more information about challenge coins. :)

  • ChrisH821ChrisH821 Posts: 6,506 ✭✭✭✭✭

    Ask yourself what you would sell them for if you needed to. If someone offered me $10-12 for problem free dollars I'd be a little put off. I sold a group of 98 mixed circulated Morgan and Peace on BST back in January and averaged $15ea, a little less after shipping is factored in.

    Collector, occasional seller

  • Figure $25 for 1878 - 1904 Morgan and $18 for 1921 Morgan - 1922 - 1926 Peace.

  • rte592rte592 Posts: 1,673 ✭✭✭✭✭

    I bought a lot of about 10 awhile back $15 for the 21's and $20 for the rest.
    I kept half and sold half for $25ea to a guy that wanted certain years for his display case.

  • USASoccerUSASoccer Posts: 445 ✭✭✭

    If I could get a roll of Morgans for $337.5 is that ok? No 1921

  • rte592rte592 Posts: 1,673 ✭✭✭✭✭

    @USASoccer said:
    If I could get a roll of Morgans for $337.5 is that ok? No 1921

    Doing the math....
    $16.875ea.
    Depending on the condition, id be a looker at that price point.

  • Agree with rte592, depending on the condition, size, material,
    $15--17 ea.

    Knowing more information about challenge coins. :)

  • Pittstate03Pittstate03 Posts: 117 ✭✭✭

    I think of you can get any non-cull 78-04 for under $18, that’s pretty good.

  • Perhaps more than $18 for cull 1878-1904 Morgan

    Knowing more information about challenge coins. :)

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