Current market for Unc. and lower grade Morgan dollars
logger7
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With the softening of the metals, I was wondering what the current market was for Morgan dollars? A collector called me today who had a lot of non-cull Morgans that were around VG, including a number of Littleton 1921 pds sets in circ. grades in sets, I'm assuming those have no premium but should be sold individually. And on low Unc. grades I'm figuring a buy price at $40 is safe on common or slightly better dates. He also had seven 2001-7 4 Piece PCGS certified PR69 gold eagles, I gave him Modern coin mart's number, those have also softened this year I assume with the fall in metals.
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Strong.
Wholesale on pre-21 Fine or better is $33. 1921 bid at $30. Cull Morgans bid at $26.
AU/Unc bid is $41.75
So if you are selling on ebay, and I see a lot of common uncs going for $50-$65 and circs going for $35 including shipping or so what would you buy them at to make money?
Sort into piles by grade/date and pay accordingly. Pre 21, and 21. Grades G-F, VF, XF-AU, BU.
"It's like God, Family, Country, except Sticker, Plastic, Coin."
I wouldn't sell them on ebay. With wholesale price as strong as it is, it is hard to pay a fair price and net more on ebay.