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circ morgans at $29 apiece today at the baystate show

bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭
in Precious Metals



I was shocked to see prices like that for circs . It made me appreciate the 3 local places I frequent that much more.

Sometimes I go to shows just to make sure what I pay is in the right ballpark. Today I found out , those guys are doing great by me.image

One table that had a big bag of 90% quarters for 16x face and that was the best I could find. He was selling some ASE's for 24.50 which was better than other tables.








Comments

  • MGLICKERMGLICKER Posts: 7,995 ✭✭✭
    Any of the Morgans have little CC's on the back? image
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭
    before the recent run up, sell morgans buy gold could have been a gsr of 35 & under, now still under 40...
    have advocated selling of circulated silver dollars for a long time now...
    keceph `anah
  • bronco2078bronco2078 Posts: 10,225 ✭✭✭✭✭


    Some other outrageous prices , Pandas, Canadian wildlife 1 oz. Kooks.

    Some tables with price lists for "early Date" ASE's $46 for a 1986 ASE

    image
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    I was shocked to see prices like that for circs

    The reason you saw them was because no one in their right mind would buy them at that price. If they were correctly valued, they would've been had.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>I was shocked to see prices like that for circs

    The reason you saw them was because no one in their right mind would buy them at that price. If they were correctly valued, they would've been had. >>


    Biased statement...lol... IJ... They are bought at 29+ at I'm sure at many outlets...
    keceph `anah
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Biased statement...lol... IJ... They are bought at 29+ at I'm sure at many outlets...

    Sure they are, and that is called preying on those lacking the knowledge of being able to buy them for up to 20% cheaper in this current market. Remember, we're talkiing about circs. You mean to tell me that you're buying 1921 Morgans in G-F for $29 rt1? I need to start taking some pics and sending them to you if you are image
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • SaorAlbaSaorAlba Posts: 7,541 ✭✭✭✭✭
    I hate to admit but back when silver was lower much earlier in the decade I was blowing $8-$9 eaches for Morgans and Peace like nobodies business. Silver has been vedy vedy good to me. Most of the dimes and quarters and some of the halves were bought at $6.50 an ounce.
    In memory of my kitty Seryozha 14.2.1996 ~ 13.9.2016 and Shadow 3.4.2015 - 16.4.21
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Prices are at that level because they are selling.... there is always a market among the uninformed. Cheers, RickO
  • rawteam1rawteam1 Posts: 2,472 ✭✭✭


    << <i>Biased statement...lol... IJ... They are bought at 29+ at I'm sure at many outlets...

    Sure they are, and that is called preying on those lacking the knowledge of being able to buy them for up to 20% cheaper in this current market. Remember, we're talkiing about circs. You mean to tell me that you're buying 1921 Morgans in G-F for $29 rt1? I need to start taking some pics and sending them to you if you are image >>



    POM its called a market, u dont pay the same for ground beef per lb than i do, nor tbone, rib eye, gas, electricity...
    your view is to narrow, expand your vision, wake up... lol
    keceph `anah
  • 7over87over8 Posts: 4,733 ✭✭✭
    Pretty simple guys - circ Morgans don't trade like 90%

    I know that you know this.

    For commons - Usually AG-G are treated like culls, VG-F at one price, VF_XF at another, AU, and then BU.

    Obviously, 1904 and before Morgans trade at a premium to 1921's or Peace.

    No one is trading Morgans anywhere near melt, they trade at a decent premium. You were probably buying VF's at $8-$9 when silver was at $6.

    Extrapolate off those numbers and you are around $30 now.

  • SilverBaronSilverBaron Posts: 767 ✭
    Seeing what the big guys are paying for circ $$s ...... $29 is very reasonable.


    Keep on Stack'n!!
    Silver Baron
    ********************
    Silver is the mortar that binds the bricks of loyalty.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    LMAO! I need to live where you guys do then. Here in the Midwest common date Circulated pre 1921 Morgans can be had for $23, $25 tops when my guys have them in, which is almost every day.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • johnny9434johnny9434 Posts: 28,335 ✭✭✭✭✭
    the last coin show i went to ase's were going for $29.
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    Biased statement...lol... IJ... They are bought at 29+ at I'm sure at many outlets

    Just not here at the time of writing this.
    To forgive is to free a prisoner, and to discover that prisoner was you.
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