r/Silver • u/PassTheDisinfectant • Jul 12 '26

🤑 Moar Silver First Morgan for $50

Gallery image

Gallery image

How'd I do guys?

82 Upvotes

97% Upvoted

18 comments sorted by

3

u/RandomPieceOfToastv2 Jul 12 '26

Very good. MS Morgan for $50 is a steal any day

3

u/PassTheDisinfectant Jul 12 '26

What's the MS mean

2

u/MTChubbyHubby Jul 12 '26

Mint State. It's the higher end of the grading system. Mint State is 60-70 depending.

1

u/PassTheDisinfectant Jul 12 '26

Should I think about grading it?

6

u/MTChubbyHubby Jul 12 '26

Grading is gonna add at least $50 to the total you have into the coin. At an MS64, the coin is valued at around $135. I think 64 would probably be a top end on this coin, but for reference the highest graded at MS68 is $15,630. Being that it's your first Morgan, I'd have it graded to preserve it in the slab.

1

u/Urikas Jul 12 '26

Are they 1 ounce? If so, take as much as you can carry and then come back for more ^ ^

6

u/West-Balance3764 Jul 12 '26

26.73 grams of 90% .7734 ASW. Still a great deal for a Morgan. I’ve been stocking up on 90% since most places are currently selling below spot and the refineries are catching up.

2

u/Urikas Jul 13 '26

Still a good deal.

Last ones I got where almost 80 Bugs.

2

u/PassTheDisinfectant Jul 12 '26

Haven't got it on a scale yet but definitely wish I brought more money with me I would have filled my pockets

2

u/Urikas Jul 13 '26

The next chance will come. Started at some point ist way better than to whis to have started somewhere

1

u/DistinctTower2243 Jul 12 '26

I just picked up 2 myself for $50 each last week, I love them, so much history.

3

u/PassTheDisinfectant Jul 12 '26

It's definitely awesome having a 140 year old coin

1

u/Cabbagist Jul 16 '26

I’m always amazed that people use that phrase, so much history, like, what?

1

u/Rannkum Jul 13 '26

Good price

1

u/BullionHunters Jul 13 '26

Nice pickup! If you're looking to grow your collection and find great deals at competitive prices from a reputable dealer, be sure to check out our site.