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- - Morgans for $13 a piece, a good value? (http://goldismoney.info/forums/showthread.php?t=33869)

Boris_Badenoff | 04-13-2006 12:50 PM
Morgans for $13 a piece, a good value? Would need to buy 50 from a local dealer. No culls but average grade. Is it a good deal?

DBcooper | 04-13-2006 12:55 PM
Re: Morgans for $13 a piece, a good value? I would Morgans are nice coins and they are big i own quite A few myself , if i had the chance at 13 id buy some.

eat_beef | 04-13-2006 01:04 PM
Re: Morgans for $13 a piece, a good value? Depends on why you are buying. If you are a collector and know what you are doing, it might be ok. If you are buying silver and looking for a return someday, like SLV said, that's a lot of jack for 3/4 of an ounce. Personally, I'd run the other way.

DBcooper | 04-13-2006 01:40 PM
Re: Morgans for $13 a piece, a good value? Yes i agree if your looking for bullion then i wouldnt purchase them. However a collector as myself id have to eyeball em before i bought them looking for numerous dates etc and ofcourse condition.

Big_Rob | 04-13-2006 01:50 PM
Re: Morgans for $13 a piece, a good value? Ive never paid more than 9.50 for VF-EF circulated Morgans. Although I paid 12.00 a piece for 4 1922 AU Peace dollars and a 1899 O Morgan with what I believe to be a cracked die mark on it. Although, Those prices were when silver was at 10 bucks and under. Now the circulated Morgans and Peace dollars are at 10.50 and 13.50 so Im not buying any as of lately.

DBcooper | 04-13-2006 01:55 PM
Re: Morgans for $13 a piece, a good value? Ive purchased some BU morgans and peace dollars granted they were from coasttocoast coins they always run specials on em at or around bullion almost since they most likely get alotta rolls,by the way just got off the phone with them i placed an order of six 10 oz englehard bars on last thursday and the lady said they were all out and that my order will be shipped hopefully this week.:cool2:

DBcooper | 04-13-2006 01:59 PM
Re: Morgans for $13 a piece, a good value? Coastcoin i mean sorry

Peggy_Ag | 04-13-2006 02:12 PM
Re: Morgans for $13 a piece, a good value? Apmex has 1921 Morgans for $11.95 ea.

Dennis | 04-13-2006 06:06 PM
Re: Morgans for $13 a piece, a good value? A numeristic collector coin is only worth what someone is willing to pay for it. It is a "much" smaller market than silver and gold spot prices. As I type this, it is worth 9.1 times face value for 90% silver circulated coin. Is it gradeable? At this stage of the game, I would reccomend buying silver and gold coins for their metal purity and content. I personally believe the "stuff" is going to hit the fan in the near future.

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