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<p>[QUOTE="GDJMSP, post: 1955026, member: 112"]The coin market is much like any other market, as a whole it goes up and it goes down. And yes, within that whole there are often specific series of coins that go up and down, and that broken down into even more specific sub-groups also go up and down. The question you are asking would require an extremely detailed analysis to answer that only a very few would even be qualified to provide.</p><p><br /></p><p>So what can the average collector do ? The answer to that is pretty simple, you look for the overall trends in the more popular areas of the market. And that gives you an idea of what is going on. The easiest place to do that is here - <a href="http://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index" rel="nofollow">http://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index</a> - Go to that page, scroll down a bit and you'll see links that will provide you with graphs for the more popular areas of the coin market. That will give you a rough idea of what is going on right now.</p><p><br /></p><p><br /></p><p><br /></p><p>Without knowing the specific dates/mints, and the specific grades for each, of the coins you own, there is really no way to answer that. In purely general terms Morgans are as common as dirt and a great many of them have little if any numismatic value, depending on their grades of course. And numismatic value is defined as the value over and above that of the silver content of the coins. Common date Morgans, even those graded as high as MS63, (and all lower than that of course), often sell for a small premium over and above melt. Now that was not always true, but it is true today because the price of silver is where it is. If the price of silver should go up, then the coins would correspondingly go up. If it should drop, some will drop with it, others will stay roughly where they are.</p><p><br /></p><p><br /></p><p><br /></p><p>Again, the answer to this varies greatly depending on date/mint/condition. But as a general rule most coins from that time period will only be worth a small premium over melt. Those of higher MS grades, with higher defined as 65 and up in most cases, will be worth more.</p><p><br /></p><p>Of course with any of what I have written above there are going to be exceptions, but exceptions do not disprove the rule.</p><p><br /></p><p>Now even with everything I have said you still aren't going to know very much unless you know common from scarce and are capable of at least rudimentary grading. And as mentioned already you also have to know what venues you should use to try and sell your coins as well as good marketing techniques. And doing this will require a great deal, and I mean a great deal, of time, effort, and work.</p><p><br /></p><p>Given all of this about the best advice I or anyone else can give you would be for you to find a trusted and respected dealer and just sell the coins to him/her outright. Not what you wanted to hear I know, but it is the truth.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1955026, member: 112"]The coin market is much like any other market, as a whole it goes up and it goes down. And yes, within that whole there are often specific series of coins that go up and down, and that broken down into even more specific sub-groups also go up and down. The question you are asking would require an extremely detailed analysis to answer that only a very few would even be qualified to provide. So what can the average collector do ? The answer to that is pretty simple, you look for the overall trends in the more popular areas of the market. And that gives you an idea of what is going on. The easiest place to do that is here - [url]http://www.pcgs.com/prices/frame.aspx?type=coinindex&filename=index[/url] - Go to that page, scroll down a bit and you'll see links that will provide you with graphs for the more popular areas of the coin market. That will give you a rough idea of what is going on right now. Without knowing the specific dates/mints, and the specific grades for each, of the coins you own, there is really no way to answer that. In purely general terms Morgans are as common as dirt and a great many of them have little if any numismatic value, depending on their grades of course. And numismatic value is defined as the value over and above that of the silver content of the coins. Common date Morgans, even those graded as high as MS63, (and all lower than that of course), often sell for a small premium over and above melt. Now that was not always true, but it is true today because the price of silver is where it is. If the price of silver should go up, then the coins would correspondingly go up. If it should drop, some will drop with it, others will stay roughly where they are. Again, the answer to this varies greatly depending on date/mint/condition. But as a general rule most coins from that time period will only be worth a small premium over melt. Those of higher MS grades, with higher defined as 65 and up in most cases, will be worth more. Of course with any of what I have written above there are going to be exceptions, but exceptions do not disprove the rule. Now even with everything I have said you still aren't going to know very much unless you know common from scarce and are capable of at least rudimentary grading. And as mentioned already you also have to know what venues you should use to try and sell your coins as well as good marketing techniques. And doing this will require a great deal, and I mean a great deal, of time, effort, and work. Given all of this about the best advice I or anyone else can give you would be for you to find a trusted and respected dealer and just sell the coins to him/her outright. Not what you wanted to hear I know, but it is the truth.[/QUOTE]
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