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<p>[QUOTE="Blissskr, post: 2946955, member: 34882"]Both coins look to have been very harshly cleaned in the past. Since this is in the 'bullion investing' forum based on that condition and the fact these are both very common dates; I may be the minority here but I'd say you did overpay. And I say it with the hopes that you learn from it and don't repeat the mistake. If you tried selling both those coins right now you'd be lucky to have a dealer offer you spot for them and some would probably offer back of spot 10-15%. This makes any premium above spot value barring a rise in value via silver spot increases a sunk cost that you'll likely never get back. Spot right now via coinflation for a Morgan/Peace silver dollar is</p><p><b><a href="http://www.coinflation.com/coins/1878-1921-Silver-Morgan-Dollar-Value.html#meltvalue" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinflation.com/coins/1878-1921-Silver-Morgan-Dollar-Value.html#meltvalue" rel="nofollow">$12.9243 </a></b></p><p><b><br /></b></p><p>So $20-12.92= $7.08 in premium cost or a 35.4% premium per coin. </p><p><br /></p><p>For example you could have gotten 2017 silver eagles via somewhere and I'll just use <a href="https://www.apmex.com/product/102275/2017-1-oz-silver-american-eagle-bu" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.apmex.com/product/102275/2017-1-oz-silver-american-eagle-bu" rel="nofollow">Apmex </a> for an example where a single 2017 silver eagle is $21.65 (silver value $16.69) so a premium of $4.96 or 22.9% over spot. Also generally when selling eagles you can recoup at least some of the premium over spot where as that pretty much isn't happening for a harshly cleaned common date silver dollar.</p><p><b><br /></b></p><p><b></b>[/QUOTE]</p><p><br /></p>
[QUOTE="Blissskr, post: 2946955, member: 34882"]Both coins look to have been very harshly cleaned in the past. Since this is in the 'bullion investing' forum based on that condition and the fact these are both very common dates; I may be the minority here but I'd say you did overpay. And I say it with the hopes that you learn from it and don't repeat the mistake. If you tried selling both those coins right now you'd be lucky to have a dealer offer you spot for them and some would probably offer back of spot 10-15%. This makes any premium above spot value barring a rise in value via silver spot increases a sunk cost that you'll likely never get back. Spot right now via coinflation for a Morgan/Peace silver dollar is [B][URL='http://www.coinflation.com/coins/1878-1921-Silver-Morgan-Dollar-Value.html#meltvalue']$12.9243 [/URL] [/B] So $20-12.92= $7.08 in premium cost or a 35.4% premium per coin. For example you could have gotten 2017 silver eagles via somewhere and I'll just use [URL='https://www.apmex.com/product/102275/2017-1-oz-silver-american-eagle-bu']Apmex [/URL] for an example where a single 2017 silver eagle is $21.65 (silver value $16.69) so a premium of $4.96 or 22.9% over spot. Also generally when selling eagles you can recoup at least some of the premium over spot where as that pretty much isn't happening for a harshly cleaned common date silver dollar. [B] [/B][/QUOTE]
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