Just out of curiousity, at today's silver spot prices

What are coin and pawn shops paying for junk Morgan and Peace dollars per each? I realize they are 90%, but what are they paying and how much premium for the coins that do not need to be assayed? I'm just curious because I do not know.

 

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Excellent question, I would like to know too.

 

I'm not sure about Peace Dollars, but a dealer near me pays $20 each for Morgans. A dealer I watch on YouTube says he pays $22.

 

Is that for completely worn down worthless junk or all coins of little numismatic value? There is junk and then there is trash. I'm not sure what exactly is considered junk silver to be honest, an honest question?

 

My local dealer pays the same for a slick cull and an XF 1921 Morgan. Sometimes I cherrypick his inventory.

 

lol

 

My LCS in which I am an excellent customer gives me a break on premiums an buy backs though I dont have much silver anymore he usually slides me off a $5.00 premium off the going rate its something right...LOL

 

My LCS pays $22.00 for each one. They sell them for $30.00 each.