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Need help with generic Morgan pricing.

FlatwoodsFlatwoods Posts: 4,122 ✭✭✭✭✭
in Precious Metals
Can anyone tell me the going rate for common circ. dollars.
I think the last time I knew it was around $23.00 each.
I just had a guy call wanting to sell some? I am working in a tight spot at the moment.

Thanks for the help.

Comments

  • DoubleEagle59DoubleEagle59 Posts: 8,307 ✭✭✭✭✭
    Morgans = 0.77 of an ounce of Silver.

    Spot = $37.22 USD.

    Spot price for Morgan = 0.77 x 37.22 = $28.66 USD (100% spot)

    Common payouts are 75% to 90% of spot.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

    "I only golf on days that end in 'Y'" (DE59)
  • CaptMorganCaptMorgan Posts: 145
    Last week I was buying them for about $27-28 a piece, and got more than afew in higher grades for those prices.
  • nutmegnutmeg Posts: 345 ✭✭
    I bought a couple common dates in higher grades for $30 each.
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