I went to a antique mall and I want to know if it's worth it to buy... 1921 Morgan Dollar (Great condition) $25.00 1934 D Blue Seal 5 dollar silver certificate (Good condition) $14.00 Sorry, I don't have pics, but I want to know if it's worth it or not? Thanks!!
Andy...without seeing the coins in hand, without knowing what your standards are for grading coins/paper money... ...that's a difficult question to answer. I could have purchased a 1921 Morgan Dollar that would probably have graded AU58 for $24 today...but I passed, because a) I didn't need the coin b) there wasn't anything special about it, it was just nicer than all the rest - this is called a "seed" coin to get people to look through the box and c) I felt like I could have gotten it for cheaper somewhere else. This is just me giving an example from real life today lol...use it or don't.
With silver dropping, there is around $12 worth of silver in a Morgan. The 1921 is the most common date in the entire series and would have to be a very high grade at that price. As for the $5 silver certs their value is over stated on EBay, $8 is a fair price even for one in good condition.
I recently picked up two 1921 Morgan's in AU to low MS condition for $21 a piece at my local coin shop as presents for my nephews for Christmas. Not sure if that is helpful or not but hopefully it provides some context. Good luck and post some picks if you get them.
A little over the top with the (HELP) over a $39 purchase... Tht is certain,y in the realm of fair IMO but like above condition could make is less appealing or more. In summary, buy a coin because you like it.
I saw an advertisement on TV that the US Mint found 3900 Silver Morgan's in the 1890s and are giving them away for $29.90 each. Strictly limited to 5 per household. )) Sent from my iPhone using Tapatalk
IMO, all the TV ads, including the cable coin sellers, are scams. They hype a lot of common junk and pull in a big profit for themselves, and then when the 'lucky buyers' take the time to check it out, they feel that all dealers are crooks. These hype artists give the whole coin industry a black eye. Again, this is only my opinion..... They also use terms like 'in very fine to uncirculated condition' and they show an unc. coin, but the vast majority of them are circulated common dates. PS.... The 'US mint' never finds such things. (Not since the GSA sales of the 1970's, anyway). The ads usually use phrases like 'The Government Mint' (which would actually be the name of the company selling the coins) or others that sound 'official' to the uneducated viewer. They appeal to peoples' greed.
I was being sarcastic. I would never buy anything over the TV. Now Amazon is a total different animal. Uggggh Sent from my iPhone using Tapatalk
