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<p>[QUOTE="superc, post: 1624296, member: 44079"]Tell him there is nothing wrong with building up a collection of 'common date' morgans in as nice a condition as he can afford. Many coin dealer shops have what we call 'junk silver' bins where common date coins in conditions from poor (a term apparently no longer used by ANA) to really nice for about $30 - $40. Melt value tends to go up if you live long enough. I personally remember silver at $8 an ounce. It has climbed a little over that (finally) as I aged. I am fairly confidant that by the time your college friend is my age his collection of melt value coins will be worth more in buying power.</p><p><br /></p><p>Regarding cleaning. It was both common and encouraged when I was a kid (early 60s era) and coin magazines carried ads for polishing stuff. Lots of coins were cleaned back then by collectors that hadn't yet been told cleaning was bad. There is hype about it, but I have yet to see anyone turn down an 1804 silver dollar or a 1909 S vdb coin because it had been cleaned or suggest melting them because of it.[/QUOTE]</p><p><br /></p>
[QUOTE="superc, post: 1624296, member: 44079"]Tell him there is nothing wrong with building up a collection of 'common date' morgans in as nice a condition as he can afford. Many coin dealer shops have what we call 'junk silver' bins where common date coins in conditions from poor (a term apparently no longer used by ANA) to really nice for about $30 - $40. Melt value tends to go up if you live long enough. I personally remember silver at $8 an ounce. It has climbed a little over that (finally) as I aged. I am fairly confidant that by the time your college friend is my age his collection of melt value coins will be worth more in buying power. Regarding cleaning. It was both common and encouraged when I was a kid (early 60s era) and coin magazines carried ads for polishing stuff. Lots of coins were cleaned back then by collectors that hadn't yet been told cleaning was bad. There is hype about it, but I have yet to see anyone turn down an 1804 silver dollar or a 1909 S vdb coin because it had been cleaned or suggest melting them because of it.[/QUOTE]
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Morgan and Walking Liberty collection: List included
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