Realcent.org

Base Metal & Precious Metals Forum

Skip to content

Considering a purchase: 1897 O Morgan

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.
Post a reply

Considering a purchase: 1897 O Morgan

Postby thecrazyone » Mon Dec 28, 2020 8:51 pm

Someone I know has one for sale for $30. Looks to be a fair price compared to those online. I need it for my book, but not sure if I should buy it. I'm going to sleep on it tonight.
Author: Bring CHANGE Into Your Life (A Truly Easy Investment Tool)
https://www.amazon.com/Bring-CHANGE-Int ... 1077276869
thecrazyone
Post Hoarder
 
Posts: 2287
Joined: Mon Aug 12, 2019 3:20 pm
Top

Re: Considering a purchase: 1897 O Morgan

Postby coppernickel » Mon Dec 28, 2020 9:21 pm

Go for it.

If you will enjoy it, it is worth it.
Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended.
User avatar
coppernickel
1000+ Penny Miser Member
 
Posts: 1094
Joined: Fri Aug 14, 2009 10:00 am
Location: American Redoubt
Top

Re: Considering a purchase: 1897 O Morgan

Postby Morsecode » Mon Dec 28, 2020 10:42 pm

With melt at $20 and change there isn't much downside risk. Buy it, be happy. :thumbup:
Let's Go Brandon
User avatar
Morsecode
Too Busy Posting to Hoard Anything Else
 
Posts: 4111
Joined: Thu Feb 10, 2011 10:04 pm
Location: Southern New England
Top

Re: Considering a purchase: 1897 O Morgan

Postby Recyclersteve » Tue Dec 29, 2020 6:08 am

You might consider it a late Christmas gift to yourself.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).

Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Recyclersteve
Too Busy Posting to Hoard Anything Else
 
Posts: 4455
Joined: Sun Jan 20, 2013 5:59 am
Location: Where I Want To Be
Top

Re: Considering a purchase: 1897 O Morgan

Postby thecrazyone » Tue Dec 29, 2020 8:53 am

Thanks, guys!

I saw some different year Morgan's at a store over the weekend, and they were all $40, so I thought this one for 30 would be good.
Author: Bring CHANGE Into Your Life (A Truly Easy Investment Tool)
https://www.amazon.com/Bring-CHANGE-Int ... 1077276869
thecrazyone
Post Hoarder
 
Posts: 2287
Joined: Mon Aug 12, 2019 3:20 pm
Top

Re: Considering a purchase: 1897 O Morgan

Postby NDFarmer » Tue Dec 29, 2020 12:20 pm

If it has any quality at all to it $30 isn't a bad price.
Copper - the "poorman's" precious metal !!
User avatar
NDFarmer
Super Post Hoarder
 
Posts: 3893
Joined: Mon Jan 07, 2008 3:00 pm
Top

Re: Considering a purchase: 1897 O Morgan

Postby thecrazyone » Tue Dec 29, 2020 6:34 pm

I got it!!
Attachments
20201229_182402-1.jpg
20201229_182402-1.jpg (380.41 KiB) Viewed 1060 times
20201229_182325-1.jpg
20201229_182325-1.jpg (254.96 KiB) Viewed 1060 times
Author: Bring CHANGE Into Your Life (A Truly Easy Investment Tool)
https://www.amazon.com/Bring-CHANGE-Int ... 1077276869
thecrazyone
Post Hoarder
 
Posts: 2287
Joined: Mon Aug 12, 2019 3:20 pm
Top

Re: Considering a purchase: 1897 O Morgan

Postby thecrazyone » Tue Dec 29, 2020 6:45 pm

I just weighed it and it weighs 26.2g. Hope that's ok since a mint one is 26.7.
Author: Bring CHANGE Into Your Life (A Truly Easy Investment Tool)
https://www.amazon.com/Bring-CHANGE-Int ... 1077276869
thecrazyone
Post Hoarder
 
Posts: 2287
Joined: Mon Aug 12, 2019 3:20 pm
Top

Re: Considering a purchase: 1897 O Morgan

Postby Rodebaugh » Tue Dec 29, 2020 7:54 pm

She is legit; an honest coin I grade at F-12.
This space for rent. :)
User avatar
Rodebaugh
Realcent Moderator
 
Posts: 7959
Joined: Fri Aug 14, 2009 3:00 pm
Top

Re: Considering a purchase: 1897 O Morgan

Postby thecrazyone » Tue Dec 29, 2020 8:01 pm

Rodebaugh wrote:She is legit; an honest coin I grade at F-12.

Awesome!!! Thanks!
Author: Bring CHANGE Into Your Life (A Truly Easy Investment Tool)
https://www.amazon.com/Bring-CHANGE-Int ... 1077276869
thecrazyone
Post Hoarder
 
Posts: 2287
Joined: Mon Aug 12, 2019 3:20 pm
Top

Re: Considering a purchase: 1897 O Morgan

Postby thecrazyone » Tue Dec 29, 2020 8:14 pm

The 'T' looks like it took a hit at some point over the last 100 yrs.
Attachments
20201229_184136-1.jpg
20201229_184136-1.jpg (170.62 KiB) Viewed 1052 times
Author: Bring CHANGE Into Your Life (A Truly Easy Investment Tool)
https://www.amazon.com/Bring-CHANGE-Int ... 1077276869
thecrazyone
Post Hoarder
 
Posts: 2287
Joined: Mon Aug 12, 2019 3:20 pm
Top
Post a reply

Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 2 guests

Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group