2021 Morgan Silver Dollar
- Thread starter jrm53
- Start date
Puller
Member
I see no reason for you to apologize to some who may be ignorant or uninformed on the subject. I too think they're pretty cool, old and new ones.
I am known by numerous wait staff and bartenders for spreading around the Sacawajea and Presidential Golden Dollars. One bartender who worked at the American Legion in Somerset, PA was always glad to see me because she saved the Sacawajea dollars for her daughter. So that's how I paid for my beers the whole night, plus leaving her a good tip.
I suspect the children and grandchildren of serving people and trades people have a stash of Golden Dollars waiting for them from the tips I gave their parents and grandparents.
I suspect the children and grandchildren of serving people and trades people have a stash of Golden Dollars waiting for them from the tips I gave their parents and grandparents.
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John, that is so great to hear. My dad and I went the other direction. We brought back coins from Canada.
AJ
US Veteran
My Grandfather gave me silver dollars when I was a kid. That was long ago in ancient times (Pre-64 and yes they were Morgan's and Peace dollars). Now when I go to the bank I ask for some silver dollars and half dollars for the grandkids (but they are getting old for that anyway).
A friend had a bunch of rolls of Buffalo nickels that his Father had saved. Out of 20 rolls only about 5 rolls had dates on them after we sorted them out. I bought all the rolls without dates and spend them. I would like to hear what people say when they find them.
Many years ago I had a couple of dozen Morgan dollars. Sadly they all were sold during an unemployment period. Also my original gun collection. Oh well.
GypsmJim
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My Grandpa bought me a penny Whitman folder in 1959 for my tenth birthday. That was the start of my coin collecting. By the time I was in high school I had accumulated the books thru half dollars.
With saving my allowance and cutting grass for neighbors, etc. I had accumulated about 20 bucks. I would go to the bank every Friday when Dad cashed his paycheck and buy $20 in pennies. Checked all thru them during the week and then next week trade them in for nickles. Then dimes the next week and so on.
One week I bought a roll of dollars. The wrapper was a bit worn. When I got it home it turned out the entire roll had 1921 mint dollars and they appeared to be uncirculated.
I kept 2 and traded the rest in. Boy was i dumb.....LOL.
With saving my allowance and cutting grass for neighbors, etc. I had accumulated about 20 bucks. I would go to the bank every Friday when Dad cashed his paycheck and buy $20 in pennies. Checked all thru them during the week and then next week trade them in for nickles. Then dimes the next week and so on.
One week I bought a roll of dollars. The wrapper was a bit worn. When I got it home it turned out the entire roll had 1921 mint dollars and they appeared to be uncirculated.
I kept 2 and traded the rest in. Boy was i dumb.....LOL.
THE PILGRIM
Member
My uncle Russ was born in 1922. As a young man he started carrying this silver dollar so he would never be broke. It soon became his lucky coin. It was his "worry stone". He would fiddle with it in his pocket and many are the times when I watched him roll it in his fingers while talking to someone.
When he passed in the late 70's it was given to me as I was named after him.
I have no idea as to its age but I'm guess somewhere around the century mark. I have it in my safe.
This is what's left of it:
When he passed in the late 70's it was given to me as I was named after him.
I have no idea as to its age but I'm guess somewhere around the century mark. I have it in my safe.
This is what's left of it:
That's a lot of worrying there, Rusty!
Current pricing (what it would cost you to buy) of the least expensive 1921 Morgan would be at a coin show in condition, VG $31, F $32, VF $33, XF $34, AU50 $36, AU58 $38, MS60 $39.
Half the price/cost of the 2021s'.
The decent 'coin show' here occurs monthly ( 2nd Saturday), free admission. The vendors/tables are competing for your business so pricing can be variable.
I watch for (contingent on price) Morgan dollars, Peace dollars, Ike dollars (silver only, no clads), Franklin halves, Kennedy halves (90% & 40% only). Conditions I'll buy range from VF to MS60. I don't buy a lot, maybe only 1 or 2 coins per show.
Half the price/cost of the 2021s'.
The decent 'coin show' here occurs monthly ( 2nd Saturday), free admission. The vendors/tables are competing for your business so pricing can be variable.
I watch for (contingent on price) Morgan dollars, Peace dollars, Ike dollars (silver only, no clads), Franklin halves, Kennedy halves (90% & 40% only). Conditions I'll buy range from VF to MS60. I don't buy a lot, maybe only 1 or 2 coins per show.
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I know the feeling.
Jack Flash
Member
I understand the concept of collecting, whether I practice it or not. I thought the OP was discussing these new coins as an investment, hence my comment.
That was my general impression. I would just feel like a sucker buying them for multiples of the initial price. Others can do whatever they like and I would not disrespect them for it.
italiansport
Member
I have a 1921 Morgan in my pocket that I have carried for over sixty years. When I was young an old guy told me he carried a silver dollar and when he got down to that dollar he was going to buy a jug of cheap wine, find a friend and drink it. His last friend. My dollar has no heads or tails showing and is only about two thirds original size, but it still has a nice ring to it when you drop it.
AJ
US Veteran
Haven't been keeping track, but silver is $28.07 an ounce at the present.
TheHobbyist
Member
Interesting that they are getting that much of a premium. I enjoy coins too. There is a lot of early American history in some of the territory coins (I am an amateur collector and do not recall off the top of my head what this category is called); and early 1700's. I find it fascinating. Mostly, I buy the best condition I can find in the Morgan's that are generally under $100 as a curiosity.
I have 1 Morgan dollar, I've always been interested in collecting them. However I have never seen them priced at less than a 25% premium over spot. Similar with gold. It makes me question their value as an investment.
AJ
US Veteran
To the guys selling them to you they are a great investment. For us mere mortals, you have to hang onto them and rid e out some ups and downs in the market before you can really see a profit. I have a friend who played this game for a while. He bought when it was up at $10 or so an ounce. Then when it dropped to $5.00 he bought more. He calls it cost averaging and over the last 40 years has done well with both silver and gold.
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