Morgans and Peace Dollars

[alaskanfever]

Ok so i ran into a bit of a problem guys and need to get some advice from the crhing family. A few of you know that my boss is big into silver but with a soon to be ex-wife wanting alot of money he is being forced to sell off some of his silver. He said i could either trade him or pay him the market value of morgan dollars, peace dollars, and .999 trade units. the local refiner here says they pay $32 for morgans, $30 dollars for peace, and $38 for trade units. But they only pay 25.75 X face value for all other 90% coins. So would you guy's trade your 90% half dollars up to morgans and peace dollars or trade units. either way i am taking a hit with my halfs if i trade. Or should i just keep my halfs i found CRHing and buy a few of the coins. Or should i just trade for the trade units?

 

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[Bigheed]

I would only buy them for cash.

If you trade/sell one silver to buy another silver, you end up with less silver, assuming you were selling them to the refinery to generate cash to buy the rounds.

-Bigheed

 

[azlegends]

I would only pay cash for what you want/can afford. If he has any good years/mint marks thrown in for spot, it might be worth trading up.

 

[alaskanfever]

that makes sense then i dont have any less silver and i do have a stash i can buy a few off of him for. Thanks Guys i will have to look for some good dates.

 

[Piledriver]

It depends.....

How much silver are you getting from CRH'ing? (don't answer that)

If you are getting a lot, then it is better to put cash into CRH silver than silver at market value.

It's just a matter of using your cash most effectively.

But if you buy, do it FAST, because the price of silver is about to BOIL.

Keep on Rollin' !

 

[Generic_Lad]

Depends on the Morgans. If he only has scruffy 1921 Morgans, it isn't worth it to trade. If he has some nice VAM varieties, or some Carson City Morgans or some slabbed mint-state Morgans it makes sense to trade.

 

[alaskanfever]

I was just thinking it might be worth it to trade for some coins that might be more rare than the ones i already have.

 

[FormerTeller]

my boss is big into silver but with a soon to be ex-wife wanting alot of money he is being forced to sell off some of his silver.

Or for a slight fee you could offer to hold the silver for him so he doesn't have to account for it with the soon to be ex...

 

[jerseyben]

Depends on the Morgans. If he only has scruffy 1921 Morgans, it isn't worth it to trade. If he has some nice VAM varieties, or some Carson City Morgans or some slabbed mint-state Morgans it makes sense to trade.

There are some nice 1921 VAMs.

 

[CardsNCoins]

If I'm reading the OP right, you are going to sell your found silver to a refiner at a discount of spot to buy your bosses silver at spot?

Offer your boss 5% more than the refiner and if your boss declines, then tell him to go sell it to the refiner and have to declare his profits.

If I read the OP incorrectly then disregard my advice.

HH

Nick