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Cull Morgan Silver Dollars

Started by BozemanMT,

4 posts in this topic

Just Bob

Just Bob

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Melt value today (6/29/18) is $12.47 each. That is all these coins are worth, minus whatever discount a buyer would require. The question is: "If you buy and hold these coins, will silver rise in value enough in the future for you to make a return on your investment that is comparable to or better than you could make if you put your money into something else that pays interest?" If I knew the sure answer to that question, I would be a rich man.

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BozemanMT

BozemanMT

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Do you think that there is any value to the Morgan coins other than melt value? I could bet on the price of silver rising, but I have been playing that game for a while (and not winning). 

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MarkFeld

MarkFeld

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On 6/29/2018 at 2:29 PM, Just Bob said:

Melt value today (6/29/18) is $12.47 each. That is all these coins are worth, minus whatever discount a buyer would require. The question is: "If you buy and hold these coins, will silver rise in value enough in the future for you to make a return on your investment that is comparable to or better than you could make if you put your money into something else that pays interest?" If I knew the sure answer to that question, I would be a rich man.

Morgan Dollars typically trade for for than melt, even when they are in lousy condition.

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