What is scrap silver price of a Morgan/Peace Dollar?

MadMarty

just wondering???

wayneme

[L[http://www.kitco.com/][/L]

FC57Coins

Last time I was at a dealer and they were making an offer for a "Common circulated silver dollar" they offered $2.84 - it almost made me puke!

wayneme

http://www.kitco.com/
any way this site carrys metal prices

Dog97

Silver's $4.67 and a Morgan has 3/4 oz silver so that makes it worth $3.50.

SCDHunter

Anyone buy at these prices?

Frankiefanatic

<< <i>Anyone buy at these prices? >>



yes

kevinstang

<< <i>Anyone buy at these prices? >>



Worse yet, did anyone sell at these prices?

jessewvu

Total silver value is $31.66

Link to calculator

Silver Coin Melt Value Calculation
Submitted on April 9, 2011.


Values Entered:

Quantity: 1
Coin Type: 1878-1921 Morgan Dollar
Silver Price: $40.93 / troy ounce


Answer:

Total silver value is $31.66.


Statistics:

» There are 0.7735 troy ounces of silver in 1 silver Morgan dollar(s).

» Each Morgan dollar contains 0.7735 troy ounces of silver and is valued at $31.66 when silver is at $40.93 / ounce.

» A roll of Morgan dollars has 20 coins and is valued at $633.15 when silver is at $40.93 / ounce.


Bid/Ask Spread:

In the past, most "junk silver" coins on eBay often sell between a +/- 5% spread of the melt value. For example, if you have a silver coin that has a $1.00 melt value, you should be able to find someone who's willing to buy/sell it between $0.95 - $1.05. However, the recent spike in the silver price has caused premiums to fluctuate wildly.

If you're planning to buy/sell 1 Morgan dollar(s) when silver is priced at $40.93 / ounce, the final total may fall between $30.07 - $33.24 on eBay

Mercfan

<< <i>Last time I was at a dealer and they were making an offer for a "Common circulated silver dollar" they offered $2.84 - it almost made me puke! >>



When was that? 1975?

roadrunner

Geez, who woulda thunk that one of the very best and easiest coin "investment" to make in 2002 was probably circ silver dollars. Beat out most everything from proof gold
to gem type to DMPL's. Yowser.

roadrunner

RedneckHB

<< <i>Geez, who woulda thunk that one of the very best and easiest coin "investment" to make in 2002 was probably circ silver dollars. Beat out most everything from proof gold
to gem type to DMPL's. Yowser.

roadrunner >>



I remember being at the Baltimore show in 2004 or so. Many dealer had boxes of junk (circ) Morgans for about $8 each. I bet there were 3-4 bags available about the bourse floor.

But just like in the stock market, it is the "low" end stocks that usually outperform the big, well established names. Junk is cheap, because no one wants it. Then, suddenly, people cant get enough. What is todays junk?

brendanb438

Best site for all your scrap coin PM prices is coinflation.com.