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Cull Morgans & Peace

gene1978gene1978 Posts: 773 ✭✭✭
in U.S. Coin Forum
What a good price to pay for these?
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    dbcoindbcoin Posts: 2,200 ✭✭
    melt is $33. So $35 would be a great price but I suspect more like $37
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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>melt is $33. So $35 would be a great price but I suspect more like $37 >>



    I would never pay above melt for any culled coin.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    rickoricko Posts: 98,724 ✭✭✭✭✭
    Pay melt... the smelters will not even pay that much. Cheers, RickO
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    scottgardenerscottgardener Posts: 1,205 ✭
    That depends on what day of the week it is. By next Tuesday, they'll be worth 7% more. Case in point: I bought five raw XF Morgans for $30 each a few days ago. I may have had the honors of being the last person on the planet other than a shop owner ever to get that price.
    Improperly Cleaned, Our passion for numismatics is Genuine! Now featuring correct spelling.
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    ajaanajaan Posts: 18,024 ✭✭✭✭✭
    Today at a coin show I sold F-VF pre-1921 Morgans for $32 each. I was paid $31 for a 1921-S. So if you can get them for $35 I think you did OK.

    DPOTD-3
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    Don
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    dbcoindbcoin Posts: 2,200 ✭✭
    I was at a coin show 1 week ago (silver was lower) and dealers were selling them for $35 last week.
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    homerunhallhomerunhall Posts: 2,496 ✭✭✭

    Yo...FYI...today April 15...dealer bid price for pre-1921 Morgans VG or better is $36 and the bidders will take bag quantities (1000 coins to a bag). You would be lucky to pay $37/$38. AG/G coins dealers probably pay $35 or so. VG or better 1921 Morgans and Peace dollars probably worth a dollar or so less.

    Note: these coins are extremely hot and dealer supplies (the big bag dealers) are pretty low.

    Hope info helps...hrh

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    KiltedOneKiltedOne Posts: 150


    << <i>That depends on what day of the week it is. By next Tuesday, they'll be worth 7% more. Case in point: I bought five raw XF Morgans for $30 each a few days ago. I may have had the honors of being the last person on the planet other than a shop owner ever to get that price. >>



    There is a small Curio / Book store not far from me that has a case of 20 or 25 raw Morgans and a few Peace Dollars all at $30 each. I don't have any spare cash or I'd pick up a few.
    "I find that a great part of the information I have was acquired by looking up something and finding something else on the way." - Franklin Pierce Adams

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    PerryHallPerryHall Posts: 47,792 ✭✭✭✭✭
    I wouldn't pay over melt for any cull coin.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>Yo...FYI...today April 15...dealer bid price for pre-1921 Morgans VG or better is $36 and the bidders will take bag quantities (1000 coins to a bag). You would be lucky to pay $37/$38. AG/G coins dealers probably pay $35 or so. VG or better 1921 Morgans and Peace dollars probably worth a dollar or so less.

    Note: these coins are extremely hot and dealer supplies (the big bag dealers) are pretty low.

    Hope info helps...hrh >>



    Dave ... what is the going rate for culled coins? After all, there is a lot of worn of silver, and the OP specifically asked for info on culled Morgan or Peace.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    johnny9434johnny9434 Posts: 34,309 ✭✭✭✭✭


    << <i>

    << <i>melt is $33. So $35 would be a great price but I suspect more like $37 >>



    I would never pay above melt for any culled coin. >>



    ditto, just be careful when this thing comes down to earth
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    questor54questor54 Posts: 1,351 ✭


    << <i>I wouldn't pay over melt for any cull coin. >>



    1793 Chain Cent?
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    OPAOPA Posts: 17,171 ✭✭✭✭✭


    << <i>

    << <i>I wouldn't pay over melt for any cull coin. >>



    1793 Chain Cent? >>



    I'm sure you realized that we are referring to Morgan or Peace $ & not Centsimage
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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    savoyspecialsavoyspecial Posts: 7,374 ✭✭✭✭
    i am in no way connected to this seller but these on ebay (10 available; free shipping) seem like a bargain, and you get a stickered dollar to boot (I know a few years back Cliff Mishler was collecting stickered Morgan and Peace dollars)

    www.brunkauctions.com

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    savoyspecialsavoyspecial Posts: 7,374 ✭✭✭✭
    correction: i re-read the Ebay auction and he has MORE than 10 available but his posting does allude to the fact that he might be raising the price soon FYI

    www.brunkauctions.com

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    questor54questor54 Posts: 1,351 ✭


    << <i>

    << <i>

    << <i>I wouldn't pay over melt for any cull coin. >>



    1793 Chain Cent? >>



    I'm sure you realized that we are referring to Morgan or Peace $ & not Centsimage >>



    Silly me. I thought 'any coin' meant 'any coin'. I will know better next time. LOL
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    ranshdowranshdow Posts: 1,449 ✭✭✭✭
    Good luck getting these prices for culls at a show. Word from Santa Clara is that boatloads were coming out of the woodwork at these prices and the dealers are full.

    I took $29 a piece and was grateful.
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    GrumpyEdGrumpyEd Posts: 4,749 ✭✭✭
    Culls get about $29.50 now when selling.

    The OP was asking about buying. Not sure of the spread on culls.


    Ed
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    morgansforevermorgansforever Posts: 8,513 ✭✭✭✭✭
    I was on a cull rampage for a while. Bought these in late Nov of 2005, for $6.50 each.
    Kind of a stupid purchase, silver was around $8.
    Things sure have changed, wish I bought more.

    image
    World coins FSHO Hundreds of successful BST transactions U.S. coins FSHO
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    DBSTrader2DBSTrader2 Posts: 3,552 ✭✭✭✭
    PM sent!

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