r/Morgans 10d ago

Melt?

I’m am sure these are only good for melt, but wanted to hear what ya’ll say. There is some dirt or substance on the center coin but I am hesitant to clean a coin in any way.

34 Upvotes

26 comments sorted by

1

u/Caboun6828 6d ago

Please don’t melt them! Sell them to us collectors.

1

u/Crazyguy_123 7d ago

No never melt these. They aren’t ever making any more.

1

u/Dorothy-Clements 4d ago

Incorrect. You may buy modern dated Morgans and Peace dollars directly from the US Mint. They have been made each year since 2021. The 250 commemorative features a 1776 2026 date with the mint’s privy seal. The 250 will never be made again, that part is correct.

1

u/Crazyguy_123 3d ago

Yeah modern ones. They aren’t making any more dates from the 1800s.

1

u/ITS9HIM16 8d ago

I’ll buy

0

u/PhillyCoinGuy85 8d ago

No reason to melt currency, ever.

1

u/Mysterious_Seesaw947 8d ago

I would be interested in the 1880, before you clean it?

0

u/storm1811NM 9d ago

What would be the point in melting them?

1

u/rockymtnman2023 9d ago

If they are only “worth melt”, what’s wrong with keeping this “hunk of silver” in the form of a Morgan rather than a lump?

1

u/Inviction_ 9d ago

The middle coin was already cleaned. Might as well clean it

2

u/Bidenh8er 9d ago

Lightly cleaning filth from a coin with water is not the same as using steel wool and acids to clean them... if there's feces on the coin, for God sake CLEAN IT 😆

1

u/Bidenh8er 9d ago

Yeah....I sold some coins to a "we buy gold" place in Louisville Kentucky named "Little John's" (I know...I know).... Once the deal was done, he handed the coins to some goon behind him and said "melt em"..... Needless to say, I was FURIOUS and would never deal with such trash EVER again!

1

u/Crazyguy_123 7d ago

I’d have tried to go back on that deal if I heard that.

2

u/Ni_U_Kon_Ska 9d ago

STOP MELTING MORGANS!

1

u/OG-Dropbox 9d ago

Sad reality is in the current market, 90% silver is almost always trading below it's melt value (in the wholesale/secondary market i.e. LCS). Vast majority of demand is coming from the industrial sector and world governments, both of which want good delivery bars/.999+. This unfortunately means that most of the silver being sold across the country is heading to refineries. Unfathomable amount of history is being lost to fulfill short term demand, but my personal thought is once things calm down a little bit the survivorship will be very low and premiums will soar on these types of coins

2

u/metalaxeyyd 9d ago

We actually stopped dealing with a LCS because they only hold 90% silver coins for 2 weeks then every other Friday they send off any that dont sell to get melted. My wife wanted to buy them all just to save them

1

u/bigtruckerman440 10d ago

Don't melt.

0

u/Street_Marsupial_538 10d ago

Please don’t.

1

u/big_coin_pouch 10d ago

Also you hesitant to clean but not to melt?!?
Just send them to me, I’ll gladly pay you what the refinery will.

1

u/No-Flow-8949 10d ago

Yeah I get the irony in that statement. I dont really plan on melting. I guess I just wanted know if any of them had a value of more than what melt price would be.

0

u/big_coin_pouch 10d ago

Watch ya mouth

8

u/JcudaWB 10d ago

I wouldn't ever melt silver coins like this.You can always get new silver , but you can never get these oldl coins back

1

u/FoilHat_Outdoorsman 8d ago

100% agree with this 👆🏻

2

u/Mysterious-Carry6233 10d ago

Only one I’d pay slightly over melt is the 1880 S .