Morgan Dollar Rising Question

Discussion in 'What's it Worth' started by jaredtrout, Feb 1, 2017.

  1. jaredtrout

    jaredtrout Member

    I use the monthly "Coins" as a reference for prices. In December the G value for the most common Morgans was $27. In February it has jumped to $44. Can anyone tell me if this is accurate. My local shop sells me 5 Morgans VF or better for $125 , he has about 30-40 to choose from(various dates,MM) If this is accurate I am going tomorrow to BUY,BUY,BUY. PLEASE help!!!!
     
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  3. eddiespin

    eddiespin Fast Eddie

    Is "Coins" an analysis of the market? Before one goes hog wild one may want to know exactly how they're arriving at those figures. For instance, evidently they didn't figure your dealer's action in, if he's selling VFs and up for under their Gs.
     
  4. SuperDave

    SuperDave Free the Cartwheels!

    Common-date Morgans don't add much value below AU anyway; I think your dealer has it a lot closer to reality that whatever that publication is.
     
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  5. -jeffB

    -jeffB Greshams LEO Supporter

    Sounds like a publishing glitch to me -- maybe someone pulled up an old 2011 price list (from when silver was over $40/oz). I wouldn't base purchasing decisions on that.
     
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  6. jaredtrout

    jaredtrout Member

    The thing that is odd is that he is always within a couple dollars of my "monthly" for numerous other coins I purchase. I am in there every week for the last 4 months and he is very consistent with the "coins" guide. He looks up online when I ask for a price on a coin I am interested in
     
  7. jaredtrout

    jaredtrout Member

    The magazine says its 64th year in publication and it also bumped up Barber halves(minus key dates of course) from G-VG-F $16-$20-$44 to $18-$27-$55 that is pretty significant IMO
     
  8. cpm9ball

    cpm9ball CANNOT RE-MEMBER

    I assume that you mean you are using "Coins" magazine for your pricing information. If this is correct, you've got to remember that their price lists need to be at least as high as those prices listed by the majority of their advertisers. If they weren't higher, the dealers would not attract any business and the magazine would probably fold.

    At the very least, you should be using CDN Greysheet.

    Chris
     
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  9. Rick Stachowski

    Rick Stachowski Motor City Car Capital

  10. jaredtrout

    jaredtrout Member

    I just changed my price guide resource to this link.....THANKS
     
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  11. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Looks like a nice, easy-to-use guide...only problem is I don't see grades above MS-65.:(
     
  12. Rick Stachowski

    Rick Stachowski Motor City Car Capital

    Last edited: Feb 3, 2017
    GoldFinger1969 likes this.
  13. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Looks like MSDs have held or increased in value over the last year or so if they are DMPL/PL or MS-65 or better for common/semi-rares.....but the cheaper coins costing $50-$350 have been weak.

    Morgan experts here concur ?
     
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