Morgans under melt

Discussion in 'US Coins Forum' started by snaz, Mar 2, 2008.

  1. snaz

    snaz Registry fever

    If I happened... hypothetically..:kewl: to come by a bunch of Morgans selling for 1 dollar each with shipping of 5.95, would I be right to assume that I should buy all of them?
    I mean, they're still like 8 dollars under the worth of the silver in them.. right?

    EDIT:
    5.95 shipping on each one
     
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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Sounds like a scam to me - probably fake coins with little or no silver.
     
  4. snaz

    snaz Registry fever

    Doug,
    These are not all from the same seller.
     
  5. ryanbrooks

    ryanbrooks Active Member

    just doesn't make sense............... its melt is 15.29.

    Could we have some links?
     
  6. AdamL

    AdamL Well-Known Member

    I would buy all of them. But like ryanbrooks said, it just doesn't make sense. Whats the catch? Be wary of a scam.
     
  7. snaz

    snaz Registry fever

  8. Coinmelt

    Coinmelt New Member

    No return policy :/
     
  9. gopher29

    gopher29 Coin Hoarder

  10. ryanbrooks

    ryanbrooks Active Member

    it's defiantly going to go up. They all do...... trust me,I have been on ebay so so much.
     
  11. Tater

    Tater Coin Collector

    already above $14 with time still on the auction.
     
  12. 900fine

    900fine doggone it people like me

    There are zillions of common date low Morgans on E-Bay. For that reason, they rarely move until very late in the auction. No reason to list 'em for 7 days; they'll be stagnant for 6 days 18 hours.

    So you can find plenty of Morgans whose current high bid is 99c - less than face, but not for long !
     
  13. snaz

    snaz Registry fever

    Yup, There We Go
    20 Bucks
     
  14. scottishmoney

    scottishmoney Buh bye

    Early last year I bought several rolls of Morgans and Peace, all lightly circulated for approximately $8-9 each. They retained their value, but the greenback didn't!
     
  15. DoubleDie

    DoubleDie Senior Member

    They will not remain at this value and will sell for $16.00 or better, depending on the grade and dates.
     
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