Ken's provided the best response so far. I would throw in that you get a basic
idea about how to grade (in your particular case, the Red Book should suffice).
Then separate them by date and mint mark, then rough grade them. Check the
values on a reputable coin values website. I prefer:
http://numismedia.com/fmv/prices/mordlr/pricesgd.shtml
and
http://numismedia.com/fmv/prices/peadlr/pricesgd.shtml
To expand on what Dondi recommended, common Morgans in VG-8 are worth roughly
the $9.50; Peace Dollars should grade higher (F-12).
FWIW, at $6 per oz. (high at the moment), each silver dollar would be worth
about $4.64 melt.
I hope you'll come back and update us.
Jerry
Quote:
>> I'm relatively new to coin collecting but already have a decent-sized
>> collection. I've recently been offered 100 U.S. Silver Dollars (from about
>> 1883 through 1935) of varying condition (it really runs the gamut) for
>> $950.
>> So $9.50 a coin. Worth it? What do you all think?
>> Let me know! Thanks.
>Not enough information to tell ... I could easily put together three
>such deals, one of which I'd make a hunnertbux on, one of which I'd
>break even on, and one of which I'd lose a hunnertbux on.
>If it's mostly 1921 Morgans and 1922/1923 Peaces in Good to Fine,
>I'd pass. If it's mostly pre-1921 Morgans and post-1923 Peaces
>in Fine or better, I'd jump all over it. If it's somewhere in
>between, I'd probably want to know some more details first ...
>--
>P. O. Box 32541 website: http://www.kenbarr.com
>San Jose, CA 95152 (souvenir cards, MPC, Hickey Bros tokens)
>408-272-3247 Next show: Modesto SCCC show 07/10 (tent., no table)
> ADVANCED NOTICE: ANA World's Fair of Money, San Jose, CA 7/27-31/2005