Quote:
Originally Posted by Mikehealer
David, I agree with a lot of what you are saying. But if you can buy Morgans for $12-13 each I'll take all of them. In fact, unless they have holes in them I would say $18-20 isn't a bad price. Which just confirms your stand to buy the non collectible bullion.
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Mike, this morning I looked at the B/S/T section of the other site that I am a member of and fractional junk silver (dimes, quarters and halves) is selling for 12.2 to 14 times FV. I didn't see any Morgans, but it stands to reason that if the fractional silver is selling for that price, why wouldn't the Morgans? Again, I'm not talking about anything with any collector value whatsoever. I am talking about junk silver coins that it's only value is in the silver itself, not as a collectible coin.