Good Deal for morgans?

[starkizzle]

So i have a response to a craigslist ad to buy coins, and after negotiations I'm looking at 50 mixxed date morgons in ok condition for 19$ each, assuming they are real would you buy them? I'm think of re selling them on ebay. . I've sold morgans on ebay for like 32$ +shipping. on average, so after fees its like 28-29$ a morgan...
any thoughts?

 

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[SCDigginWithAK]

You should check them out before you buy (weigh, look for any signs of a fake, etc) if it all checks out I would buy them

 

[TheCoinKid]

If legit and in decent shape, you can't go wrong. Make sure you meet in a public place.

 

[starkizzle]

Thanks i plan on checking them out first.. and i.always bring back up

 

[DeepseekerADS]

Thanks i plan on checking them out first.. and i.always bring back up

There have been too many reports of Craigslist scams for precious metals over the last few months to not have back-up, and to not test the coins - several. 50 of them? You're risking $2 grand... a nice day's work for a thief....

 

[starkizzle]

There have been too many reports of Craigslist scams for precious metals over the last few months to not have back-up, and to not test the coins - several. 50 of them? You're risking $2 grand... a nice day's work for a thief....

Its 950$, 50 coins at 19$ each but trust me I'm covering my fourth point of contact

 

[ArkieBassMan]

If you want Morgans, you likely won't beat that price. So long as they are real, you aren't going to get hurt at that price unless silver really tanks.

From a quick glance on eBay, "junk" Morgans are currently selling in the range of $23-$28 shipped.

While it would be a good buy, there isn't a lot of immediate profit there unless there are some better dates/condition coins in the lot.

 

[Iamrussell]

BUY EM ALL (the famous crh motto)as long as theyre legit

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just keep stacking, just keep stacking, stacking stacking stacking

 

[DeepseekerADS]

Its 950$, 50 coins at 19$ each but trust me I'm covering my fourth point of contact

Duh.... My math skills withered suddenly Off to a nursing home for me

 

[SilverFace]

Like others have stated, as long as they are the real thing and in decent shape (at least better than culls or AG's) then that sure sounds like a good deal.

Just be careful and good luck!

 

[starkizzle]

Duh.... My math skills withered suddenly Off to a nursing home for me

lol i had to.check my math to be sure

 

[BuffaloBoy]

I'd buy them at 19 each, assuming that they aren't culls.

 

[boristhespider88]

Let us know how you do!

 

[foofighters]

I'd buy them at that price. Anytime I can find them under 20 its a go for me.

Like others have said, weigh them, bring a magnet, do a ping test.

 

[Twitch]

I bought two last week ('92 and '99-O) in reasonable shape for $23 each and thought I got a steal. I'd buy average Morgan's for $19 as often as possible.

 

[foofighters]

Yep, its almost impossible for me to find them up here for under about 23.

Last ones I bought I got at a pawn store for 18 dollars and everytime I have been back there since I cant seem to get them down below that 23 25 range.

 

[starkizzle]

I'm hopefully buying them tomorrow morning, he said he has over 100, but I'm npt bringing that kind of cash on a first date... il post pictures as soon as i can guys

 

[starkizzle]

So real quick, looks like the guys girlfriends grandfather left her a bunch of coins..... plan on getting more... need to get them checked out but put of 60 morgans i have 4 1889 cc!!!

 

[ArkieBassMan]

... need to get them checked out but put of 60 morgans i have 4 1889 cc!!!

Likely made in China, but here's hoping for the best!

 

[baddbluff]

So real quick, looks like the guys girlfriends grandfather left her a bunch of coins..... plan on getting more... need to get them checked out but put of 60 morgans i have 4 1889 cc!!!

I paid $1100 for my '89cc. Pretty sure you can't buy real ones for $19. I hope he has a return policy.