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with silver over $14.50 what can common VG-XF circ dollars be sold for?

DennisHDennisH Posts: 14,011 ✭✭✭✭✭
in U.S. Coin Forum
Last time I looked it was $12-$13 for Morgans and $10-$11 for Peace, but what has the latest runup in bullion done to those levels?

Thanks for anyone who can help!
When in doubt, don't.

Comments

  • garsmithgarsmith Posts: 5,894 ✭✭
    depends entirely on the coin; a common date may go for melt or a little over but a rare date will still sell for large bucks!
  • DennisHDennisH Posts: 14,011 ✭✭✭✭✭
    Sorry, I should have been more specific...

    What is the going melt price for common date circ. VG-XF Morgans and Peace?
    When in doubt, don't.
  • Mercury10cMercury10c Posts: 2,958
    I sold some junk silver to a dealer today for 9.5x face. Not sure if it's the same for Morgans & Peace.
  • WinPitcherWinPitcher Posts: 27,726 ✭✭✭
    I would think those levels have stayed about the same. The peace dollars may have moved a lil. say 1.00? The next movement for Morgans would come when and if Silver hits 17.50 or so. Movement from 12.50 to 14.50 is like splitting hairs.

    Steve

    Good for you.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    Somewhere in the $11's is the melt value of a silver dollar.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • DHeathDHeath Posts: 8,472 ✭✭✭
    Link to values
    Developing theory is what we are meant to do as academic researchers
    and it sets us apart from practitioners and consultants. Gregor
  • 291fifth291fifth Posts: 24,707 ✭✭✭✭✭
    Interesting question. I wonder if the bullion value has now eliminated any numismatic premium on the lower grade, common dollars.
    All glory is fleeting.
  • DeadhorseDeadhorse Posts: 3,720 ✭


    << <i>Interesting question. I wonder if the bullion value has now eliminated any numismatic premium on the lower grade, common dollars. >>



    In time it will.

    The same thing happened in the '79-'80 runup. Common '21 Morgans were worth melt only, even in Au-Unc condition.

    Better grade/rare Morgans went sky high during the same time.
    "Lenin is certainly right. There is no subtler or more severe means of overturning the existing basis of society(destroy capitalism) than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and it does it in a manner which not one man in a million is able to diagnose."
    John Marnard Keynes, The Economic Consequences of the Peace, 1920, page 235ff
  • CaptHenwayCaptHenway Posts: 32,775 ✭✭✭✭✭
    I have my cull dollars in my $11 junk box and my slightly beatups in my $12 box. Average circs start at $13.
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • jdimmickjdimmick Posts: 9,783 ✭✭✭✭✭
    I sold some this morning at 11.00 each. They were mostly circ peace, 21 Morgans or VF lower pre04 dates.

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