Culled Silver Dollars and Half Dollars

Discussion in 'Bullion Investing' started by icollectoldmoney, Aug 24, 2016.

  1. icollectoldmoney

    icollectoldmoney ANA Member:3192499

    How much do culled Morgan's and peace dollars and culled half dollar's have in silver content.
     
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  3. Jwt708

    Jwt708 Well-Known Member

    90%
     
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  4. Jwt708

    Jwt708 Well-Known Member

    Half dollars 1965 - 1970 40%.
     
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  5. baseball21

    baseball21 Well-Known Member

    Half dollars are like .36 of an ounce and morgans and peace are like .77 of an ounce.
     
  6. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I assume what you meant to ask is how much is lost due to circulation, etc? If so, it's fairly minimal and no one is likely to cut you a deal due to lost weight; that's now how they're generally sold.
     
  7. icollectoldmoney

    icollectoldmoney ANA Member:3192499

    No I was trying to see how much silver content was in them so I know what would be my best buy in price.
     
  8. Kentucky

    Kentucky Supporter! Supporter

    Put "metal value of US coins on Google".
     
  9. baseball21

    baseball21 Well-Known Member

    You will struggle to find anyone selling any kind of morgan short of massive damage for melt. May have better luck with peace dollars but generally not
     
  10. Markus1959

    Markus1959 Well-Known Member

  11. icollectoldmoney

    icollectoldmoney ANA Member:3192499

    Well their a local pawnshop that'd got a box of Morgan's and peace dollars for $15 a peace culled coins.
     
  12. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    Please don't take this wrong, but google is our friend. Oftentimes, and especially with fairly straightforward questions, one can easily locate answers on their own, which is certainly handy when/if you don't have the time to post to the forum or wait for replies. Just a friendly suggestion. :)

    As baseball said, expecting to buy dollars at straight melt in any type of retail setting is, unfortunately, likely to be an exercise in futility. Dollars in particular have, and long have sold at premiums above and beyond their silver content, even culls, damaged, cleaned, etc and so on (with a few exceptions). Being as you're a new collector, I cannot stress enough that focusing on price, or getting a "deal" will likely cause more harm than good. It's not that deals can't be found - they, of course, can - but it's much easier to walk into a sucker's bet, especially for those less than knowledgeable about what they're buying.
     
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  13. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    This, if true, would represent only a fairly tiny premium, but you need to know what you're buying and be confident you can identify genuine examples, even when buying as culls or scrap.
     
  14. icollectoldmoney

    icollectoldmoney ANA Member:3192499

    Yes I know the guy is a very respectable guy and he is a coin collector or dealer also.
     
  15. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    That's good if true, but the point still stands. It's great to have a trustworthy source, but YOU need to know what you're buying. Good luck.
     
  16. Kentucky

    Kentucky Supporter! Supporter

    Which is what points to something being wrong. At least take along a magnet and see if any of them are iron/plated iron. Also would be a good idea to take a cell phone pic of them in the store and then weigh them and if any of them are REALLY light, you could bounce them back on him.
     
  17. icollectoldmoney

    icollectoldmoney ANA Member:3192499

    Well will do I am going to get some in a few mintues ready to stack silver.
     
  18. Kentucky

    Kentucky Supporter! Supporter

    Good Luck
     
  19. Garlicus

    Garlicus Debt is dumb, cash is king.

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