The Morgan (and Peace Dollar) market seem to be on fire.

Walkerfan

What do you think will happen in the future?

U1chicago

My answer is other:
I think that prices will stay strong in the near future but fall in the next few years. However, it will be many years until we see the lows of late 2019- early 2020 as that included some of the lowest prices in recent history (for example, I don’t think we will see $85-$95 generic MS 65 Morgans for quite a few years).

DisneyFan

Market will stabilize and remain steady

I think we are starting to see new collectors come into the market with a fresh historical price perspective. For a while we had more older collectors selling than young collectors buying. Most interesting is the new strong interest in the platinum bullion coin series which started in 1997 and now beginning to be viewed as collectible because of their low mintages.

IKU

Market will crash below recent previous levels

Why modern Sacagawea dollar is so small in diameter 26mm (1.043") ?
Same size as 2€ euro coin.
Please make 38mm Sacagawea dollars. Or create new 2(two) dollar coins.

And Silver eagle is not a genuine 1$ dollar. Last one was Eisenhower dollar 1978.

johnny9434

Market will stabilize and remain steady

I think it will remain steady. If there's a new influx of new collectors it might be different, jmo

IKU

Market will crash below recent previous levels

Morgan is about the only cheap large diameter silver size (almost 40mm) coin that actually had real world usage/circulation.

• European silver Thalers expensive.
• Silver 8 Reales Spanish expensive.
• Larger Russian silver roubles 1800 and before expensive.
• Large British crowns 1800 and before expensive.

What else is left if you want 1700-1900, large size and cheap 100-200 usd$/euros ?

ricko

Market will drop back to recent previous levels

The market will return to previous levels...probably around 2023. However, if the precious metals markets really take off due to inflation etc., that will impact the market to some extent. Cheers, RickO

JBN

Market will drop back to recent previous levels

The question is when. My answer is in the long term. There are so many silver dollars out there that demand will be sated in a stable market. In the short term (year; year & a half), prices may continue to escalate. Current coin market is hot.

cameonut2011

Market will drop back to recent previous levels

Most of the coins are not rare. I plan to sell any I might have left.

WCC

@IKU said:
Morgan is about the only cheap large diameter silver size (almost 40mm) coin that actually had real world usage/circulation.

• European silver Thalers expensive.
• Silver 8 Reales Spanish expensive.
• Larger Russian silver roubles 1800 and before expensive.
• Large British crowns 1800 and before expensive.

What else is left if you want 1700-1900, large size and cheap 100-200 usd$/euros ?

There are certainly 19th and 20th century world crowns in a similar price range to some roughly equivalent quality Morgan and Peace dollars which are comparable as a collectible, if not better.

WCC

@cameonut2011 said:
Most of the coins are not rare. I plan to sell any I might have left.

All are common outside the proof branch mint (Morgan) and High relief (Peace), except in the context of grade or VAM.

WCC

@JBN said:
The question is when. My answer is in the long term. There are so many silver dollars out there that demand will be sated in a stable market. In the short term (year; year & a half), prices may continue to escalate. Current coin market is hot.

It has been my assumption for a long time that a noticeable to disproportionate percentage are owned by non-collectors as "investments". I see no possibility that most 1881-S and other dates with anywhere near comparable availability are owned primarily by collectors.

jmlanzaf

@WCC said:

@IKU said:
Morgan is about the only cheap large diameter silver size (almost 40mm) coin that actually had real world usage/circulation.

• European silver Thalers expensive.
• Silver 8 Reales Spanish expensive.
• Larger Russian silver roubles 1800 and before expensive.
• Large British crowns 1800 and before expensive.

What else is left if you want 1700-1900, large size and cheap 100-200 usd$/euros ?

There are certainly 19th and 20th century world crowns in a similar price range to some roughly equivalent quality Morgan and Peace dollars which are comparable as a collectible, if not better.

Mexican 8 reales are not that expensive.

I also don't know many people that collect that way: find a coin of a certain size no matter the design or country of origin.

WCC

@jmlanzaf said:

@WCC said:

@IKU said:
Morgan is about the only cheap large diameter silver size (almost 40mm) coin that actually had real world usage/circulation.

• European silver Thalers expensive.
• Silver 8 Reales Spanish expensive.
• Larger Russian silver roubles 1800 and before expensive.
• Large British crowns 1800 and before expensive.

What else is left if you want 1700-1900, large size and cheap 100-200 usd$/euros ?

There are certainly 19th and 20th century world crowns in a similar price range to some roughly equivalent quality Morgan and Peace dollars which are comparable as a collectible, if not better.

Mexican 8 reales are not that expensive.

I also don't know many people that collect that way: find a coin of a certain size no matter the design or country of origin.

I infer it may happen at low price points or did in the past, but not at $100 to $200. Not sure what can be bought for the price of a common MS Morgan or Peace dollar anymore.

coinkat

Seems that there is a disconnect with how silver is traded on the COMEX and its value in a physical form. Seems Morgan and Peace Dollars in all grades are benefitting. Perhaps there is a new wave of interest. Now whether the interest is sustainable will dictate whether the valuations will continue to climb. I suppose in looking at the premiums on Silver Eagles, it sort of begs the question as to what might be the appropriate valuation for Morgans and Peace Dollars. I see better values in World crown size coins. So I did not vote.

coinkat

looks as if PCGS or NGC 64 Morgans are over $100

ColonelJessup

@ricko said:
The market will return to previous levels...probably around 2023. However, if the precious metals markets really take off due to inflation etc., that will impact the market to some extent. Cheers, RickO

He is old and has become wise. He insists on white coins.

Two out of three ain't bad

WCC

@coinkat said:
looks as if PCGS or NGC 64 Morgans are over $100

That's expensive for such common coins, despite current bullion premiums. I don't see any difference conceptually between common Morgan and Peace dollars versus the most common pre-1933 US gold.

Namvet69

Market will drop back to recent previous levels

My experience is that there's the price and then there's the price! I enjoy examining what's available and negotiating a transaction. Peace Roy

ricko

Market will drop back to recent previous levels

@ColonelJessup .... Age and wisdom occurred simultaneously, though gradually.... The third is a predilection and ingrained. Cheers, RickO

IKU

Market will crash below recent previous levels

Oh well I played it safe and if prices continue to raise imported hastily at least 7pcs different AU50-MS64 morgans to extend my collection. ( I have time to wait for value raise being only 35 old and such. )

• It is 2 headed sword. If worse happens and prices start to escalate further. I have already seen the +30-40% raise.
  If morgan's price bubble does not burst it standardizes to current value and it may never lower.

AlexinPA

I just bought a 1921 Morgan - PCGS MS64 - 3rd Gen Holder for $89.00 + Free Shipping. I was surprised that I got it for that.

AMRC

Market will stabilize and remain steady

You know what they say. Be contrarian.

CoinHoarder

It’s hard to say what might happen in the future as relates to these silver dollars. Inflation may play a big role in the future prices.

Mgarmy

Market will continue to soar

Just sent 60 to GC…fingers crossed

Cougar1978

Market will crash below recent previous levels

They appear way overpriced to me. I hope not but they could be poised for nose dive.

1881–S Dollar - There are 279k graded by PCGS in some grade or other. PCGS Market report shows MS 65 1881-S at $225. PCGS Coin Facts pop 57k in MS 65. Would not be surprised see them drop down to $100. Better blow them out now…..take profits now or cry in your beer later.

Seems like all money been wrung outta them.

My recommendation: PCGS MS69 ASE. Cheaper, lower pop, have more silver in them. CW Trends $55.

Smudge

I don’t care.

lkenefic

Market will drop back to recent previous levels

I picked a slightly inopportune time to start back up on a Date Set of Morgan Dollars, but the XF,AU coins I was looking for were still hammering for relatively cheap and the higher prices were driving more good material to come out. I got the 10 coins I wanted to start the set, but I'm not paying $75 for common date Morgan Dollars in that condition.