I have about 10 of these (1921 Morgan Dollars with mint mark D) in the small collection my great uncle gave me. I know very little about coins. Is there anything special I should look at on these coins to see what they are worth? or are they just worth a few bucks?
It all depends on the grade of each coin. But unless they would very high, they are only worth a few bucks. I define a few bucks as less than $30 each.
In circulated condition they are common but still worth about $10 each. Not rare and nor even scarce. Still a nice start to a collection.
Do your coins have any large die cracks, breaks, die gouges? There is a growing group of 1921-D variety collectors. Rob Joyce wrote a book and mapped out the die cracks on the different 1921-D dies that were used (more have been discovered since). If you have time, check out the online resources and see if any of your coins can be tied to a specific VAM. Some of these varieties still don't carry a premium; however, some do. Check out VAMworld. Either look at the 1921-D Attribution Guide or go right to the 1921-D list. Not sure if all of the 1921-D information has been migrated from Rob's original site to VAMworld, so you should also check out this link. If you have any with die breaks, post a picture!
I have a couple like that, I think, but unfortunately those two are the ones in the worse condition. Agh! Is this one too beat up to even matter about the "errors" on it (look at the 21 in 1921).
If there's nothing special about them and in lower grades, I usually use them for tips in place of a dollar. A couple times the recipient thought I was giving them some cheap arcade token. When I do it now, I leave US bills AND a Morgan. However, just over two years ago, I bought a couple dozen 1921-D's from an antique shop. They were $8 each. All were G-VF. I attributed each one of them. Two were rarer 1921-D VAMs. I sold one for just over $300 and the other for $400. Edited to add- Finding a couple rare VAMs out of two dozen is like winning the lottery. I sold six rolls of 1921-D's this year... all around melt.
You could allways put them up for sale on Ebay, singley or as a lot :thumb: I coudnt quite make out all the detail in the pic you posted, but would say that might go ok in a number of starter collections. De Orc :hug:
Not really, when a dealer gives you $8 he's buying them for melt value. When you sell a coin for melt value, about the best you can normally expect to receive is 10% - 15% less than melt value.
I would keep them. I wouldn't even consider melting down morgans...even if they are just common dates. Isn't this hobby about collecting and preserving coins? Not melting them down for a few bucks?? Sell em on ebay separate. You can prob get $10 or so each plus shipping fees. That's about $100-125 to you and hopefully a collector gets to add them to his/her collection.
He did not mean to melt them down, melt is just a valuation, like junk silcer (comon) coins. It is a common term.
