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<p>[QUOTE=&quot;dragonwalker, post: 1175677, member: 30921&quot;]Hi everyone, </p><p>&nbsp;</p><p>I&#039;m new to the forums and need some advice. Long story short, for $10 I acquired</p><p>&nbsp;</p><p>10 silver dollar coins, 4 Morgan Silver dollars and 6 peace dollars.</p><p><br /></p><p>The Morgan dollars are (generally good condition, I would judge them to be between Fine and extremely fine more towards extremely fine). Philly mint I think for all. </p><p>1900</p><p>1921x3</p><p><br /></p><p>Peace dollars (I feel most of these guys are in fine condition) </p><p>1923x2</p><p>1925</p><p>1934</p><p>1926</p><p>&nbsp;</p><p>I&#039;ve always been interested in collecting coins when I was younger but never really had the capital to do so <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> but it&#039;s a different story now. I went to the local coin shop today and they offered me $26 per coin and I&#039;m assuming I don&#039;t have anything particularly interesting so they essentially offered me the melt value. Talking to them for a little bit about my hobby when I was younger and they suggested in regards to Morgan silver dollars that for &quot;investing&quot; the best strategy would be to acquire fewer higher quality rarer coins rather than your typical run of the mill common Morgans. I considered this advice and now I&#039;m thinking I may act upon it or at least start a collection. </p><p>&nbsp;</p><p>My goal is to have coins that won&#039;t lose value over the long term. I&#039;m assuming this implies that buying those rarer coins for their numistic value rather than it&#039;s weight in silver is important. At the same time I still like the idea of having a collection and not simply owning the single most valuable coin I can afford. </p><p>&nbsp;</p><p>With my goals in mind what would you suggest if I were looking into getting into Morgan silver dollar coins or perhaps another precious metal coin that won&#039;t break the bank. One option I thought about was returning to the store to redeam my $260 and exchanging it for a something like a 1883 Carson City <a href="http://cgi.ebay.com/Boxed-Carson-City-1883-CC-Morgan-Silver-ChBU-/390305852289?pt=Coins_US_Individual&amp;hash=item5ae00aab81" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://cgi.ebay.com/Boxed-Carson-City-1883-CC-Morgan-Silver-ChBU-/390305852289?pt=Coins_US_Individual&amp;hash=item5ae00aab81" rel="nofollow">http://cgi.ebay.com/Boxed-Carson-City-1883-CC-Morgan-Silver-ChBU-/390305852289?pt=Coins_US_Individual&amp;hash=item5ae00aab81</a> Would that be a wise move? Would doing this help achieve my goal?[/QUOTE]</p><p><br /></p>

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