Morgans vs. Seated Dollars Availability
I have noticed over the years that availability of Morgan dollars compared with Seated Liberty seems to be skewed based on production. If I have calculated correctly, there were roughly 100 Morgans minted for every Seated Dollar. Yet, the availability at a given coin show seems to run more like 400 to 1 or even higher. This is not scientific, just a general observation.
Pittman Act melted mostly Seated? Collectors hold Seated and flip Morgans? I doubt any Seated Dollars have been melted in the last 75 years, so it just seems they are less common than they should be. What are your thoughts?