@1630Boston said:
Interesting @pcgscacgold
thanks
I will bookmark this page.
[Note to myself incase I reference this years from now. spot = $20 +- this date]
The quotrd price is influenced by silver but the bid itself varies daily. This page won't be much help in a week or two
@lkenefic said:
Silver is at $18.44 today. Each piece has 0.859 Troy oz of Ag.
I believe it's actually 0.7734 troy ounce. The 0.859 troy ounce is the amount in the 2021 Morgan/Peace dollars, which are .999 silver. The older ones are 90% silver.
@lkenefic said:
Silver is at $18.44 today. Each piece has 0.859 Troy oz of Ag.
I believe it's actually 0.7734 troy ounce. The 0.859 troy ounce is the amount in the 2021 Morgan/Peace dollars, which are .999 silver. The older ones are 90% silver.
Thanks for the catch. I have this programmed into an Excel spreadsheet and probably had the wrong tab opened...
Collecting: Dansco 7070; Middle Date Large Cents (VF-AU); Box of 20;
I bought some low grade silver dollars at retail when I was first starting. I’d go into a shop and if the dealer didn’t have anything that I wanted, I’d buy a couple silver dollars to compensate him for his time and any insights he’d had shared during our time together.
Let the market be the market and one has the option of playing or passing... it really is that simple or does this need to drag on further? Lets move on.
Experience the World through Numismatics...it's more than you can imagine.
@coinkat said:
Let the market be the market and one has the option of playing or passing... it really is that simple or does this need to drag on further? Lets move on.
This thread has been very helpful. The posts about current prices helped when I just sold off 100 raw Morgan’s and Peace Dollars yesterday. Next up, about 75 common slabs.
@coinkat said:
Let the market be the market and one has the option of playing or passing... it really is that simple or does this need to drag on further? Lets move on.
If someone is asked to make an offer (rather than being quoted a price), it isn’t really as simple as playing or passing. If the person wants to be fair in their offering price, they first need to know the market. And the responses in this thread make it clear that a number of posters don’t know the market, while others don’t care about being fair.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
As you pointed out, some posters do not know the market and others have a moral compass in need of repair. The moral compass of others is something beyond my control. There are several on line sources available to those that choose to follow the market for those that have a moral compass and want to follow the market... this is fairly simple and straight forward. You check what the market makers are paying and determine what your risk factor might be and either make an offer or recognize the deal is just not for you. My apologies but a thread that extends over a 9-10 time frame to addressing this question is knocking at the door of kicking a dead horse.
Experience the World through Numismatics...it's more than you can imagine.
As you pointed out, some posters do not know the market and others have a moral compass in need of repair. The moral compass of others is something beyond my control. There are several on line sources available to those that choose to follow the market for those that have a moral compass and want to follow the market... this is fairly simple and straight forward. You check what the market makers are paying and determine what your risk factor might be and either make an offer or recognize the deal is just not for you. My apologies but a thread that extends over a 9-10 time frame to addressing this question is knocking at the door of kicking a dead horse.
Bump...
Every reply, even those that are complaining that the thread isn't dead, boosts the thread to the top.
Asked and answered 13 days ago. Not complaining...just writing the way I see and kicking this to the top after no more than ten minutes does not change the facts contained in my first sentence.
Experience the World through Numismatics...it's more than you can imagine.
How is offering a lower price not having a morale compass?
I’ve offered prices under market but I told the seller that they can get X by selling on
eBay, or x-20% by selling to a dealer. I told the seller what the market prices and then I was asked:
“What would you offer?”
If it’s something I collect, I offer close to what my dealer would offer. If it’s generic coins I have no interest in, I’ll tell 40-50% below market and let them know that they can do much better, but I’m just going to sell what I purchased and that the difference is my time and driving to the coin shop to sell the coins and more than 75% of the time, the person would rather sell to me. Even after I tell them again they can do better. But I spent time sorting the coins, seeing if anything had numistatic value. And while I enjoyed doing the inventory, this isn’t a full time job not is it my lively hood. So my time isn’t free. I also want to preface that these have all been small lots under $500.
Like I said before a lot of you seem to want to over pay. Please do but I’m not going.
Comments
Today, 9/16/2022: (He can't keep this stuff in stock. People are buying silver like crazy)
Peace: (all common 22's & 23's)
$25.50 damaged rims and polished Peace Dollars
$26.50 XF/AU
$28.50 Sliders and MS60/61's
$33.50 better date (24,25,26) sliders
Morgans:
$33.50 for common XF/AU
$40.50 for common Sliders
Even 1921's are at a premium because people want 1921/2021 Morgan duo.
Paying $17 face on dimes and quarters
Paying $18 face on Halves
Paying more for AU coins and XF+ Walkers.
Paying spot +$7 for MS69 slabbed spot free ASE's.
Hope this helps.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Interesting @pcgscacgold
thanks
I will bookmark this page.
[Note to myself incase I reference this years from now. spot = $20 +- this date]
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
The quotrd price is influenced by silver but the bid itself varies daily. This page won't be much help in a week or two
Thanks
Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe, softparade, derryb
Bad transactions with : nobody to date
At that price somebody is a victim:
Fencing stolen property;
Little old ladies that have been taken advantage of;
Or the buyer (counterfeits).
I can't figure out why that guy offers his opinion. But it certainly offers an insight worth noting
I believe it's actually 0.7734 troy ounce. The 0.859 troy ounce is the amount in the 2021 Morgan/Peace dollars, which are .999 silver. The older ones are 90% silver.
My Adolph A. Weinman signature
Had a customer walk in the other day who got such a buy. All in 2x2s. Some key dates. All fake. $14k for 1000 ? Blitzdude might be paying too much.
I notice that common modern commem silver dollars (unc. and proof) are selling for less than circulated Morgan/Peace dollars.
My Adolph A. Weinman signature
Thanks for the catch. I have this programmed into an Excel spreadsheet and probably had the wrong tab opened...
Successful BST transactions with: SilverEagles92; Ahrensdad; Smitty; GregHansen; Lablade; Mercury10c; copperflopper; whatsup; KISHU1; scrapman1077, crispy, canadanz, smallchange, robkool, Mission16, ranshdow, ibzman350, Fallguy, Collectorcoins, SurfinxHI, jwitten, Walkerguy21D, dsessom.
I bought some low grade silver dollars at retail when I was first starting. I’d go into a shop and if the dealer didn’t have anything that I wanted, I’d buy a couple silver dollars to compensate him for his time and any insights he’d had shared during our time together.
IMHO, nearly 100% is a little excessive if I'm buying
I agree. It used to be that a worn "just a silver dollar" was worth about $1 more in folding money than $1 in US 90% silver coin.
Great spirits have always encountered violent opposition from mediocre minds.-Albert Einstein
I'm seeing $27-32 locally (small, monthly local coin shows and Craigslist).
Pocket Change Inspector
Let the market be the market and one has the option of playing or passing... it really is that simple or does this need to drag on further? Lets move on.
Experience the World through Numismatics...it's more than you can imagine.
This thread has been very helpful. The posts about current prices helped when I just sold off 100 raw Morgan’s and Peace Dollars yesterday. Next up, about 75 common slabs.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
Tree fiddy
best wishes in your selling efforts...
Experience the World through Numismatics...it's more than you can imagine.
Thanks. Seems the release of the 2021 Morgans and Peace Dollars has caused a nice bump in prices of common stuff.
Successful BST with BustDMs , Pnies20, lkeigwin, pursuitofliberty, Bullsitter, felinfoel, SPalladino
$5 Type Set https://www.pcgs.com/setregistry/u-s-coins/type-sets/half-eagle-type-set-circulation-strikes-1795-1929/album/344192
CBH Set https://www.pcgs.com/setregistry/everyman-collections/everyman-half-dollars/everyman-capped-bust-half-dollars-1807-1839/album/345572
If someone is asked to make an offer (rather than being quoted a price), it isn’t really as simple as playing or passing. If the person wants to be fair in their offering price, they first need to know the market. And the responses in this thread make it clear that a number of posters don’t know the market, while others don’t care about being fair.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MFeld
As you pointed out, some posters do not know the market and others have a moral compass in need of repair. The moral compass of others is something beyond my control. There are several on line sources available to those that choose to follow the market for those that have a moral compass and want to follow the market... this is fairly simple and straight forward. You check what the market makers are paying and determine what your risk factor might be and either make an offer or recognize the deal is just not for you. My apologies but a thread that extends over a 9-10 time frame to addressing this question is knocking at the door of kicking a dead horse.
Experience the World through Numismatics...it's more than you can imagine.
Bump...
Every reply, even those that are complaining that the thread isn't dead, boosts the thread to the top.
Asked and answered 13 days ago. Not complaining...just writing the way I see and kicking this to the top after no more than ten minutes does not change the facts contained in my first sentence.
Experience the World through Numismatics...it's more than you can imagine.
How is offering a lower price not having a morale compass?
I’ve offered prices under market but I told the seller that they can get X by selling on
eBay, or x-20% by selling to a dealer. I told the seller what the market prices and then I was asked:
“What would you offer?”
If it’s something I collect, I offer close to what my dealer would offer. If it’s generic coins I have no interest in, I’ll tell 40-50% below market and let them know that they can do much better, but I’m just going to sell what I purchased and that the difference is my time and driving to the coin shop to sell the coins and more than 75% of the time, the person would rather sell to me. Even after I tell them again they can do better. But I spent time sorting the coins, seeing if anything had numistatic value. And while I enjoyed doing the inventory, this isn’t a full time job not is it my lively hood. So my time isn’t free. I also want to preface that these have all been small lots under $500.
Like I said before a lot of you seem to want to over pay. Please do but I’m not going.
My current registry sets:
20th Century Type Set
Virtual DANSCO 7070
Slabbed IHC set - Missing the Anacs Slabbed coins