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Author: BordWithPrevName Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 707  
Subject: Question about selling Morgan ms-65's Date: 4/13/2011 6:11 PM
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Hi,

I know next to nothing about collecting or selling numismatic coins. Recently a friend asked me to sell a handfull of Morgan ms-65 pcgs (non toned) silver dollars with common dates and common mint locations. They are housed in the OGH (Old green holders) which appear to command higher prices than other holders.

Sellers on ebay realize somewhere between $170 to $300 for these coins (minus shipping and insurance). It appears to depend on their reputation, the photo's and obviously the quality of the coin regardless of the pcgs rating or the old green holders. Ebay takes 9% plus 3% (paypal fee) plus the listing fee.

Some of the photo's are outstanding. The techniques they use to get these kind of photo's or scans is beyond me. I have tried different techniques and as of yet I am unable to get the results many of these sellers get.

There is a local coin shop that offered me $160 each. I could simply sell the lot all at once and avoid the fluctuations in the market by locking in at that figure.
Also I would avoid the substantial hassle and potential pitfalls of selling them on ebay.

Of course the coins could keep going up as they appear to be in a bull market right now. Or they could obviously go down in value.
I guess I am just looking for some advice on how to proceed with these coins. You are the experts and I am the green newbie.

I have one more question. Is there a correlation between the bull market in silver and these Morgan ms-65 numismatic coins rising in value? I believe I read somewhere that these coins sold for somewhere around $1100 sometime during the 80's.

Thanks for any advice.
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