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Author: KingOfPizza Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 707  
Subject: Re: Question about selling Morgan ms-65's Date: 4/14/2011 5:09 AM
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I am by no means an expert, but I did speak recently to a dealer who works exclusively with graded Morgans.

It was explained to me that the market for Morgans is extremely hot right now due to a combination of factors: Morgans have precious metal value (about $30), design appeal, and availablilty in high grades. Many of the people getting into Morgans are new to coins and buying the pitch that they are a solid investment.

The old green holders are more desirable to some because grading standards are said to have been more strict during that time; it might be possible to have them regraded today at one or even a few points higher.

As far as photos go, many people lay their coins on a scanner. The more serious ebay dealers have expensive DSLR cameras with macro lenses and studio lighting.

If you have the time, I recommend watch-listing coins the same year and grade as the ones you have. See what they go for and make a decision from there.

As a matter of personal opinion, the demand for Morgans feels like a bubble to me, specifically because they are not hard to find. (A search for "Morgan silver dollar" on ebay just returned over 36,000 results.) Only the high grade coins are commanding a premium - lower grades still sell at melt value.
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