Are Morgan dollars the biggest scams out there?
Classic Morgan dollars have a high percentage of MS examples making them common coins compared to other coins on the market. There are literally thousands of uncirculated examples to choose from and only a few key dates.
People are spending $100+ for common 1921 Morgan dollars right now.
New Morgan dollars are a scam too. When the 2021 Morgan’s came out I bought about 50 of them. Bought them for about $80 dollars and sold them for $300+. Now the price is back down to $80. Good thing I unloaded those right away.
…and don’t get me started on the stupid varieties people come up with on the old dollars.
What do you think? Are Morgan dollars one big scam?