2021 Morgan Silver Dollar

[oldman10mm]

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.

Nowadays Morgans are collected for their coin value/coin collections and not as a silver investment. You want to invest in silver, buy the non-coin rounds and silver bars.
Even the very low grade Morgans of AG (date just readable) and G (full date but coin very very worn) are still gonna have a coin value over/above the silver value.
Even a Morgan of VG condition (looks terrible) has only lost 3% of its' silver due to use/circulation.

 

[oldman10mm]

The monthly coin show that I go to has/gives free publications of the coin collecting realm. Most end up being just being reading material then pitched. The only one that's important is the 'Market Review' listing dealer retail pricing for all US coins and currency. The companion publication is the 'grey sheet' for dealers that indicates what the item should be bought for and what the selling price should be. That publication is a subsription for dealers. The 'Market Review' is $40 per year published quarterly and the show has those for free if you get there early enough before they are all gotten by show attendees.

 

[AJ]

The monthly coin show that I go to has/gives free publications of the coin collecting realm. Most end up being just being reading material then pitched. The only one that's important is the 'Market Review' listing dealer retail pricing for all US coins and currency. The companion publication is the 'grey sheet' for dealers that indicates what the item should be bought for and what the selling price should be. That publication is a subsription for dealers. The 'Market Review' is $40 per year published quarterly and the show has those for free if you get there early enough before they are all gotten by show attendees.

A couple of friends of mine were partners in a Coin & Stamp years ago. Read the "Grey Sheets" every week. But that was a long time ago.

 

[oldman10mm]

There is nothing without a big premium from coin shows. They have expenses with buying a table.

True. You have to look/watch/negotiate for deals.
At gun shows here in Ohio, 2 types of dealers/tables, FFL dealers with set prices (for firearms) and private/collector tables with negotiable prices (for firearms).
At the coin shows, again 2 types of tables, coin dealers (have an established coin business) and collectors. Silver rounds and bars are typically not-negotiable (unless you're seeking quantity), coins are negotiable by asking for a better price. If you don't get a better price or a price you don't like, time to move on to a different table.

 

[6518John]

Would love to see them!

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I finally got around to digging these out of the safe (I could not find them initially). Sorry it took so long to post.

1. Silver Dollar's 1878-79, 1882-83, Sliver Kennedy Half Dollar 1964.
2. Proof Set 1962 (I think the Half, Quarter, Dime, and Nickel are sliver, but I may be wrong.
3. Silver Bicentennial Set.

 

[EldoEsq]

Nice little collection!

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[crazyphil]

I don't have very many silver dollars, but I do have my birth year 1935

 

[oldman10mm]

In post #69 above,
items in #1 are 90% silver
half, quarter, & dime in item #2 are 90% silver
item #3 silver set is 40% silver

 

[jeffrefrig]

My dad bought some proof sets back in the '70s; reds and blues for each year (I suppose those are two different mints.) Couple weeks ago I happened to look online just to see if anything's worth anything. Looked to me everything was priced today what he paid for them back then. They're just taking up space in a hiding place in my bedroom closet top shelf on the right side behind some of wife's jigsaw puzzles.

 

[6518John]

They're just taking up space in a hiding place in my bedroom closet top shelf on the right side behind some of wife's jigsaw puzzles.

Those I picture above are seeing the light of day for the first time in at least 40 years! Digging them out did lead me to get my Tag Heuer out of the safe and put in on for a few days. I am normally a Timex man.

 

[jrm53]

I got an email from the mint a few days ago to tell me I could start trying to purchase 2021 morgans some time in August. They had at the bottom of the page "contact us" so I did, I said how can you sell out in 30 seconds when an average person can't even get in. I asked them to remove me from their contact list as I did not want to buy any thing from them. Some traders had them on ebay for 280 dollars and they wont ship until some time in October! It just made me mad. I was the first poster. Jeff

 

[Golddollar]

When I was born, my great grandparents gave me a Morgan silver dollar and a Benjamin Franklin half dollar from the year I was born. I still have them.

 

[EldoEsq]

I got an email from the mint a few days ago to tell me I could start trying to purchase 2021 morgans some time in August. They had at the bottom of the page "contact us" so I did, I said how can you sell out in 30 seconds when an average person can't even get in. I asked them to remove me from their contact list as I did not want to buy any thing from them. Some traders had them on ebay for 280 dollars and they wont ship until some time in October! It just made me mad. I was the first poster. Jeff

It was Bots that got the coins and made them sold out very quickly...a Bot is a computer program that can be set up to place thousands of orders instantaneously. The Mint realized this after, and will hopefully have protocols from preventing the Bots form ordering again. Bots are a very common problem these days when very popular items become available online.

This was actually detailed in that email from the Mint.

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[boykinlp]

It was Bots that got the coins and made them sold out very quickly...a Bot is a computer program that can be set up to place thousands of orders instantaneously. The Mint realized this after, and will hopefully have protocols from preventing the Bots form ordering again. Bots are a very common problem these days when very popular items become available online.

This was actually detailed in that email from the Mint.

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Hasn't this been going on for years?
Larry