I was watching an 'Auction Hunters' show last night (yes I know it's terrible and scripted)... Anyway, they found 5 Morgan Dollars in a suitcase pocket. They were well circulated. What I found so funny was what the statement one guy made: "When you can read the date on these, that is what makes collectors go crazy and pay TOP dollar for them" On that note, they estimated $250 for the 5. Which I guess isn't that far off, not knowing the dates and mm. Wanted to add something I saw on 'American Restoration': They were restoring an old slot machine (from the 20's or 30's) or some coin operated thing.. There were coins in it when they took it apart. Rick grabs the coins and says "We have a special place for these coins" He then threw them all into a coffee can and said "Beer money!" ugh!
I'm starting already having a bout with insanity just thinking about those 5 morgan silver dollars...:bangg:
Thanks for an interesting post gbroke. Wouldn't that be poetic justice if ol' Rickie bought a beer and paid for it with some really nice old coins worth about 100 times what his beer is worth. :devil: Bruce
Someone came in to my local gasstation about two years ago and payed for his coffee with two morgon dollars and one of them was a 1893-S in a highend XF condition. So you just never know what peoople will bring in to a store.
Yeah, I can't say which one is worse. I actually did the storage unit auctions before it was 'cool'. lol I bought a lot, but never found anything rare or extra valuable. I will say though, I never lost money on any unit. However, it just wasn't worth my time to continue. I wasn't doing it to break even or for minimal return.
I helped some family members in the past who would purchase them. Same thing, never found anything overly valuable...but they did tend to make a little money.
The biggest headache for me was... All the storage unit auctions had the same policy. You had 24 hours to get the junk out. Lets just say, my garage filled up fast! In fact, it's still full of junk. I remember one unit I won which actually made me kinda sad. There were boxes and boxes of Christmas ornaments and those miniature villages etc.. The sad part was many of the nice ornaments were personalized. From grandma and grandpa, little baby shoes with names, and things like that. The sentimental value was high on those I'm sure. I don't know, made me feel a little strange looking through something so personal.
I saw that episode and that quote has stuck in my head. I have to admit to a love / hate relationship with the show. I can't stand the two 'stars' and of all the shows in this genre it is the most contrived. But I still get a kick from seeing what they find.
