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<p>[QUOTE=&quot;huntsman53, post: 110615, member: 1242&quot;]Speedy,</p><p><br /></p><p>The big misconception that most folks make, is thinking that a Morgan Silver Dollar has one ounce of pure Silver in it which it does not! While a Troy ounce weighs 31.103 grams, Morgan and even Peace Silver Dollars only weigh 26.73 grams (.859403 of an ounce) and are composed of .900 Silver and .100 Copper which gives them only .77344 of an ounce of pure Silver or 24.0563 grams of pure Silver. The actual Bullion value of the Silver in a Morgan or Peace Silver Dollar is only $7.19 based on the closing price of $9.30 on February 7th.</p><p><br /></p><p>I may have overstated the prices that $20 Gold Pieces should fetch but given the right market(s), they will bring over $600 even when cleaned! The key is in finding the right market(s) and Flea Markets and Gun Shows with high traffic are the best places to sell such coins. I know because a friend of mine sells coins at these and many of his&#039; coins have been cleaned! In these</p><p>market(s), you are selling not only to a few coin Collectors but also selling to a large, diverse crowd of <b>Silver and Gold coin owner wannabees</b>! This may not seem fair but these folks go to Flea Markets and Gun Shows and very seldom or may never visit a Coin Shop. When many of these folks come across a table with Silver and Gold coins on it, they are drawn to it like a magnet and if the price is within reason, they will buy it.</p><p><br /></p><p>I won&#039;t go into the ethics of selling cleaned coins at Flea Markets and Gun Shows to Silver and Gold coin owner wannabees but how many people do you know that have ethics when it comes to making money..?? My friend generally makes $300 to $600 in two days (Saturday and Sunday) but has made as much as $1500 when the traffic is much higher. Besides, I have been slowly weaning my friend from selling cleaned coins to only selling uncleaned and Uncirculated coins and he is coming around! </p><p><br /></p><p><br /></p><p>Frank[/QUOTE]</p><p><br /></p>

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