Post
Topic
Board Goods
Re: WTS 1880-1921 Morgan Silver Dollars
by
JBDive
on 13/02/2012, 05:55:34 UTC
They appear to have all been cleaned pushing them into the "cull" category unless there is something special about any one of them and the 1880's don't appear to be double strikes. That puts them at spot plus a bit. Current value as of this posting is $26.13 based on silver at $33.87. I see people paying more than spot plus a touch and I just don't get it. Silver would have to go over $42 to be even at the posted $30 plus shipping and I see people buying Morgans at prices which to break even would mean silver would have to cross $60.

Not saying silver won't go that high nor making any comments on the seller. I just wonder who is buying at these markups? At least with BTC I can justify some premium over a local cash sale so something more along $28 might be doable.