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Why is Morgan Dollar numismatic value dropping?
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<p>[QUOTE="ptHoneyBadger, post: 4062372, member: 110356"]Just a newbie's perspective for what it's worth, which ain't much.</p><p><br /></p><p>I've always thought Morgans were overpriced and still are. I remember a decade or so ago many of my doctor colleagues were buying lots of them because it was the "cool" thing to do, like smoking overpriced cigars and drinking overpriced whiskey. They had more money than sense. By the way, they are still working to pay off their overpriced mansions, and I am retired posting on CT. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /></p><p>I do enjoy my cigars and whiskey, though.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie33" alt=":cigar:" unselectable="on" unselectable="on" /></p><p><br /></p><p>It just seems to me that there are soooo many of them around. It doesn't take much effort to shop around and find a lower price with all of the slabbed coins and internet technology. It still seems to be a buyers market, which will drive prices lower.[/QUOTE]</p><p><br /></p>
[QUOTE="ptHoneyBadger, post: 4062372, member: 110356"]Just a newbie's perspective for what it's worth, which ain't much. I've always thought Morgans were overpriced and still are. I remember a decade or so ago many of my doctor colleagues were buying lots of them because it was the "cool" thing to do, like smoking overpriced cigars and drinking overpriced whiskey. They had more money than sense. By the way, they are still working to pay off their overpriced mansions, and I am retired posting on CT. ;) I do enjoy my cigars and whiskey, though.:cigar: It just seems to me that there are soooo many of them around. It doesn't take much effort to shop around and find a lower price with all of the slabbed coins and internet technology. It still seems to be a buyers market, which will drive prices lower.[/QUOTE]
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