Question on Coins

[lurefisher]

Do any of yall no anything about old coins,I found me some Morgan Silver dollors and would like to no what they are worth?

[Beandaddy]

Right now probably about .65 or .70 cents. NOBAMA
Beandaddy

[Robalo]

Depends on year, mint and condition. Morgans were pretty dang common. Call or hit a coin shop. They can be worth an ounce of silver or big bucks.

[lurefisher]

Depends on year, mint and condition. Morgans were pretty dang common. Call or hit a coin shop. They can be worth an ounce of silver or big bucks.

Says feb.28 1878 s does that ring a bell Robalo?

[coachlaw]

It has a month, day, and year on it? Is it etched in there?

In general as Robalo said, most Morgans are only worth their weight in silver. If it has a CC (Carson City) mint mark, it may be worth something big. If it has an O (New Orleans) mint mark, then I want it as I collect them. You can see if it has a mint mark by looking on the back under the eagle's tail feathers.

I was a big coin collector before I discovered girls.

[Gilbert]

Says feb.28 1878 s does that ring a bell Robalo?

auction price for that coin right now is between $25-$40. Depends on condition of the coin.

[lurefisher]

It has a month, day, and year on it? Is it etched in there?

In general as Robalo said, most Morgans are only worth their weight in silver. If it has a CC (Carson City) mint mark, it may be worth something big. If it has an O (New Orleans) mint mark, then I want it as I collect them. You can see if it has a mint mark by looking on the back under the eagle's tail feathers.

I was a big coin collector before I discovered girls.

Wow coach i have 12 morgans ,8 of them have a O under the eagle,2 of them have a S,and 2 of them i cant find the letter or maybe you can tell me ,congrats on the boat sell i will be running in the mudda with RC now.

[Moonpie]

Go look for them on E-bay.
It will give you an idea of what they're selling for.
A coin shop will try to rip you off.

[lurefisher]

Yeh MOon i was thinking if i go to the coin shop i might not get the truth,so where should i go to get my coins graded?

[Gilbert]

Yeh MOon i was thinking if i go to the coin shop i might not get the truth,so where should i go to get my coins graded?

I'll give you a 40 sack for all your coins.

[coachlaw]

New Orleans minted coins are unfortunately not very rare, and therefore not very valuable. At least that makes it easy for me to collect. Now San Francisco minted (S) coins can bring a good premium. Silver is up to what now guys? I would never sell coins for the silver value. They're works of art. My favorite dollar coin is the Peace dollar. Lady Liberty looks freakin' hot on the Peace dollar.

[lurefisher]

So im stuck Coach ,what do u think there worth ,i guess i need to go get them graded somewhere,can you do this?

[coachlaw]

I could, but my book is about 10 years old. You can buy a book and grade them yourself with a magnifying glass. Of course people are very into OFFICIAL grading services these days. You pay a premium for them and if your coin is not OFFICIALLY graded, then few people want to buy them. This snobbery is what really pushed me out of the hobby. Coins are generally not worth much if they have any wear on them at all. They need to be MS (Mint State), unless they are a rare coin.

To give you an idea how much little variations can make a difference. The most valuable modern penny is a 1909-S V.D.B. Penny. I once found a 1909 V.D.B penny in my mom's change jar. Alas it wasn't an S, so it was worth $1 instead of $10,000.

[coachlaw]

Here's the book you need. Mine I believe is the 1997 version.

http://www.amazon.com/Guide-Book-United-States-Coins/dp/0794831486/ref=sr_1_1?ie=UTF8&s=books&qid=1274992937&sr=8-1

[lurefisher]

OK how much will you offer me for the one's with the O under the eagle,after scoring them i thing there in the g ,or vg stage.