Morgan and Peace dollar collection of 33 pieces evaluation needed please.

Do to work problems and having to pay bills, I am having to consider selling my silver dollar collection. The collection has been polished(not by me!) but there is a top 100 vam morgan dollar (1897 pitted reverse). The peace dollars consist of seven 1922 and 1 1923 S. Sorry but I don't have pictures because the file size would be too large. I'm wondering what the reasonable value of my collection would be. I know it's terrible timing considering the fact that silver has plunged in recent weeks.

 

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You are saying the Morgan collection is complete and you have 8 Peace dollars besides? If you have the 1893 and 1895 Morgan's, along with some CC mint dollars, grade will influence the value by a vast amount. Pictures would be mandatory. For the 8 Peace dollars, just take the value at melt. The two years mentioned had the highest mintage of all years. They would have to be at MS63 or higher to be worth more. If you can't post pictures then take them to a dealer.

 

$561.53

 

He did say they were all polished.

 

I agree with furham if all the coins are polished the coins are only going to be worth there melt value unfortunately. You may be able to get a little more than melt for the Vam you listed and also possibly for any rare date/mint mark coins if you find the right buyer; however I wouldn't count on it and would expect melt value only for polished coins.

 

There are over 90 various Morgan's listed in the Red Book and I did not count some of the over-dates or common double dies. He is even mentioning a Vam dollar. We better know what they are before giving values. Plus how bad are they polished? Are they whizzed, hairlines, badly scratched, buffed, improperly cleaned, etc....? Polished doesn't tell the whole story.

 

No I do not have a complete set. The earliest morgan I have is 1879. There are various dates and mint marks missing to fill an entire date and mint mark collection. I am taking it to a dealer for evaluation tomorrow and then a PCGS authorized dealer about 5 miles from where I live.

 

I'll try to get some pictures up tomorrow to give you the general idea of how badly polished they are. I'm going to go through them and look for more vams just in case. The picture size has to be 50 right?

 

Got them evaluated today $704.00

 

Not bad pricing. I'd probably be interested for them around that pricing!

 

I also meant 32 not 33.

 

Sorry but I'm going to wait until silver gets around back up to 30 an ounce and then begin a new collection of graded and ones that aren't polished.

 

True, but around $30.00 an ounce you will be getting about the same amount of money, around $22-$24.00 a coin because no one will pay over spot for a problem silver dollar then. People are paying $5.00-$10.00 over spot to get them now, that won't happen at $30.00 an ounce. Holding them might not do you any better in the long run, just some food for thought.

 

Not a horrible price but I think you can do better than $22 a piece even if they are polished. If you have the time, the worst looking cleaned morgan is going for $30+ on eBay all day long.

 

There are buyers on eBay constantly, when you're ready to sell, you'll be fine