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Should I- and which "Junk" morgans should I buy? Lets discuss this!
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<p>[QUOTE="dan8802, post: 1184618, member: 28296"]I currently have about 200 ounces of silver, 60% of my silver is .999 gvmt minted 1 ounce rounds and 40% of my silver is AU-BU 90% junk silver. <u>I also have 20 common date but VF-XF Morgans. Now I can get these common date morgans in VF-XF-maybe AU condition for around $3 dollars over melt... I had 2 questions.</u></p><p> </p><p>Do you think it's a good idea, at the prices I indicated, to add about 10 more morgans to my hoard?</p><p><b>This is from a BULLION standpoint with the consideration that there is a SMALL But SIGNIFICANT Numismatic connection to these common date morgans. </b> They sell for significantly high prices on ebay. Or would you rather put your money into .999 silver instead?</p><p> </p><p>My second question is which dates should I look for.... I know that these are all common dates but I know that sometimes <b>1921 Morgans sell at slight discount to all other dates...</b> (They're all the same price where I buy). <b>Is there any other high mintage dates to stay away from?</b> 1886 maybe? I'll be "cherry picking" morgans out of a melt bag.</p><p> </p><p>Thanks alot for any and all help. Feel free to explore and discuss this topic of buying "Junk" Morgans. I plan on buying when my local coin shop opens this friday.[/QUOTE]</p><p><br /></p>
[QUOTE="dan8802, post: 1184618, member: 28296"]I currently have about 200 ounces of silver, 60% of my silver is .999 gvmt minted 1 ounce rounds and 40% of my silver is AU-BU 90% junk silver. [U]I also have 20 common date but VF-XF Morgans. Now I can get these common date morgans in VF-XF-maybe AU condition for around $3 dollars over melt... I had 2 questions.[/U] Do you think it's a good idea, at the prices I indicated, to add about 10 more morgans to my hoard? [B]This is from a BULLION standpoint with the consideration that there is a SMALL But SIGNIFICANT Numismatic connection to these common date morgans. [/B] They sell for significantly high prices on ebay. Or would you rather put your money into .999 silver instead? My second question is which dates should I look for.... I know that these are all common dates but I know that sometimes [B]1921 Morgans sell at slight discount to all other dates...[/B] (They're all the same price where I buy). [B]Is there any other high mintage dates to stay away from?[/B] 1886 maybe? I'll be "cherry picking" morgans out of a melt bag. Thanks alot for any and all help. Feel free to explore and discuss this topic of buying "Junk" Morgans. I plan on buying when my local coin shop opens this friday.[/QUOTE]
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Should I- and which "Junk" morgans should I buy? Lets discuss this!
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