Peace Dollars for $22

[mlayers]

I found a guy and he has a bunch of Peace dollars and he said that he would sell them for $22 each. I was wondering if you guys think this is a good deal. I know there is less then a oz of silver in each dollar. But I have heard other say that they buy silver dollars for around $25. Would like some input but I was thinking if I bought them all he may come down some. So what do you think buy or not to buy. thanks Matt

 

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[HenryWaltonJonesJr]

If they contacted you via Craigslist be very careful, someone here recently got taken pretty bad for a "good deal" on silver.

 

[flinthunter]

Lots of China fakes out there. I would pass unless you know how to identify the fakes.

 

[war-digs-it]

Besides the fakes out there, unless these are in better condition and desirable dates. No way. I have been able to purchase average circulated for $15 each and often for less. I do think the prices are going down in the near future, not up.

 

[jerseyben]

$20-23 each is the average price on ebay right now for common worn Morgans. Peace dollars would actually be a bit less. If you are in the market for some silver dollars, I would say your target would be in the $15-18 range. Good luck.

 

[CincinnatiKid]

If you have a bit of extra cash to buy silver, only buy bullion. Coins these days, even Peace Dollars, can be a risk.
Good luck
Peace

 

[gleaner1]

Go to your favorite dealer and say "I gotta crap load of Peace Dollars for sale, how much you offerin'?"