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Premiums for Peace/Morgan Dollars
Posted:
Mon Jan 04, 2021 5:48 pmby Changechecker
Curious what premiums people are seeing or paying for Peace or Morgan dollars?
I see them quite often in antique shops but the premiums seem quite high. Thanks
Re: Premiums for Peace/Morgan Dollars
Posted:
Mon Jan 04, 2021 6:03 pmby franklin
Around here about 8-9 bucks.
Re: Premiums for Peace/Morgan Dollars
Posted:
Mon Jan 04, 2021 9:48 pmby NDFarmer
franklin wrote:Around here about 8-9 bucks.
$8 or $9 bucks over what? Redbook value?
Re: Premiums for Peace/Morgan Dollars
Posted:
Mon Jan 04, 2021 10:11 pmby franklin
Over melt. As I type, silver content value of a Morgan/Peace is around $21. They are going for close to $30 at our 1 shop and at a gun show this last weekend.
Re: Premiums for Peace/Morgan Dollars
Posted:
Tue Jan 05, 2021 6:43 amby NDFarmer
franklin wrote:Over melt. As I type, silver content value of a Morgan/Peace is around $21. They are going for close to $30 at our 1 shop and at a gun show this last weekend.
It would be great to get Morgans close to melt. There are members here that have said they are able to find Morgans a couple of dollars over melt. If I could find them in my area I would be buying them. Around here the smooth ones that I would call culls sell for $30 and if they have any quality at all to them they sell for $35
Re: Premiums for Peace/Morgan Dollars
Posted:
Tue Jan 05, 2021 8:19 amby Changechecker
I visited an antique mall and seems that what I am finding is in line with what others are finding. Cull quality is about $30.00 and anything with any quality is $40. -$50.00.
Seems to me no one wants the culls at this price point. The better quality seems to be collecting dust at $50.00.
Re: Premiums for Peace/Morgan Dollars
Posted:
Tue Jan 05, 2021 11:38 amby Cu Penny Hoarder
If you want Morgan's/Peace dollars don't buy culls. Spend a little more and buy some that are at least VF. I've bought and sold many over the past 35 years. Sold 500 BU 1921 Morgan's in April 2011 for $40 a piece.