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GardensGold&Guns | 11-25-2008 02:58 PM
Value of peace dollars friend has some BU ms60-63 peace dollars for 17.50 (gotta buy 500) Good deal? what is the general consensus on peace dollars in the coin world? in demand, out of demand,etc

SomeSilver | 11-25-2008 03:08 PM
Re: Value of peace dollars Quote:
Originally Posted by GardensGold&Guns (Post 1434800) friend has some BU ms60-63 peace dollars for 17.50 (gotta buy 500) Good deal? what is the general consensus on peace dollars in the coin world? in demand, out of demand,etc
Ther is about .77 troy ounce of silver in each silver dollar. If you consider the "real" price of silver to be about $20...then the price is about right, maybe a bit high. I'm not sure about collector's value, i.e. the BU ms-60 condition if the coins. I think that "collector value" is very fickle and hard to determine. I would buy strictly on silver melt value. By current "spot" prices they are overpriced...but by actual market value of silver coins/ bars/rounds, they are in the ballpark.

65gt350 | 11-25-2008 03:21 PM
Re: Value of peace dollars I would not buy them for silver content unless the price was much lower. For $17.50 I would rather have SAE. More silver for the same cost or lower. The Peace dollar has and IMHO will always be the red headed stepchild to the Morgan Dollar. My guess is that your friend is trying to move to a better quality of Silver with the money from the sale. 65GT350

CoinHunter53562 | 11-25-2008 03:21 PM
Re: Value of peace dollars ^^^^^Agree....if you get stuck with a bunch of MS-60 coins, there isnt much numismatic premium honestly. I would try to talk him down if he has a minimum of 500. I can buy coins like this at the coin shop for $14-$16.

Highwayman | 11-25-2008 04:15 PM
Re: Value of peace dollars Common date Morgans and Peace dollars in circulated condition = $14.00-15.00 each

budfox | 11-25-2008 04:23 PM
Re: Value of peace dollars BU Common Date = $15 Tops

mick silver | 11-25-2008 04:26 PM
Re: Value of peace dollars buy sae less money

Big_Rob | 11-25-2008 04:35 PM
Re: Value of peace dollars Im happy I bought all my Morgans and Peaces in the 9-12 dollar range.

Twisted Avatar | 11-25-2008 04:45 PM
Re: Value of peace dollars Quote:
Originally Posted by Highwayman (Post 1434909) Common date Morgans and Peace dollars in circulated condition = $14.00-15.00 each
Yup........Thats the maxx I would pay. The coins are ungraded so all he is giving is his VERY BIASED opinion and he wants you to make a monster size box purchase as well?? Where is the benifit in all that for you?? If he dosent deal at those prices(14-15) I would walk...... the type of money you are laying out you should get a either documented quality coins or a competitive price. T

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