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What’s Up with the 2021 d Morgan Silver dollars
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<p>[QUOTE="-jeffB, post: 24832856, member: 27832"]Okay, the information in that infographic/article is actually accurate (if a bit incomplete).</p><p><br /></p><p>As best I can tell, it's <i>only</i> talking about actual Morgan and Peace dollars (i.e. pre-1936).</p><p><br /></p><p>Yes, Morgan (and Peace) dollars contain just over 3/4 troy ounce of actual silver.</p><p><br /></p><p>Yes, some sellers may try to gloss over that in their sales pitches.</p><p><br /></p><p>But because (original) Morgan dollars (and to a lesser extent Peace dollars) are so <i>popular with collectors</i>, they trade at a premium. You'll have to pay more than "spot silver value" to get them, but you should <i>get</i> more when you sell them, too.</p><p><br /></p><p>The <b>real</b> ripoff, in my opinion, is dealers who make lowball <i>buy</i> offers by saying "aw, these old things contain barely 3/4 oz of silver each, best I can do is (some lowball number)." Because that dealer will <b>never</b> <i>sell</i> them based on silver content. Any dealer would be a fool to do so, because any dealer can find any number of buyers at the higher numismatic price.[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 24832856, member: 27832"]Okay, the information in that infographic/article is actually accurate (if a bit incomplete). As best I can tell, it's [I]only[/I] talking about actual Morgan and Peace dollars (i.e. pre-1936). Yes, Morgan (and Peace) dollars contain just over 3/4 troy ounce of actual silver. Yes, some sellers may try to gloss over that in their sales pitches. But because (original) Morgan dollars (and to a lesser extent Peace dollars) are so [I]popular with collectors[/I], they trade at a premium. You'll have to pay more than "spot silver value" to get them, but you should [I]get[/I] more when you sell them, too. The [B]real[/B] ripoff, in my opinion, is dealers who make lowball [I]buy[/I] offers by saying "aw, these old things contain barely 3/4 oz of silver each, best I can do is (some lowball number)." Because that dealer will [B]never[/B] [I]sell[/I] them based on silver content. Any dealer would be a fool to do so, because any dealer can find any number of buyers at the higher numismatic price.[/QUOTE]
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