Morgan dollars were stored in bags...

Placid

how were seated dollars stored?

BillJones

My guess would be bags, at least in the later years (afer the Morgan dollars were introduced).

Back in the early 1960s a group of 1859-O and 1960-O seated dollars cropped from a treasury hoard. This was before the GSA sales, and I'm quite certain that the lucky people who got these coins in exchange for their paper dollars received them at face value. This hoard of dolllars accounts for the fact that these two dates are the most common Seated Dollars in Mint State. Most of them are heavily bag marked, however.

During the GSA sales of the 1970s, only one Seated Dollar cropped up. That piece is now in the collection of a board member who displays it at major shows.

Placid

I almost never see a rainbow ms seated dollar thats why I wondered.
Thanks.

Conder101

<< <i>I almost never see a rainbow ms seated dollar thats why I wondered. >>


Well when you consider that the percentage of seated dolar that survied in MS is much smaller than the percentage of Morgan but the total mintage was MUCH smaller (they mad twice as many 1881-S dollars as they did for the ENTIRE seated dollar series it isn't too surprising that rainbows are rare. Even if the did survive at the same relative rate the simple differences in mitage would make the rainbow seated more than 50 times rarer than the Morgan.

BillJones

The Seated dollars also did not spend NEARLY as much time in bags for the most part. Many of the "legit" toned Morgans got that way by being the coin on the outside of the bag that was goned by the chemicals in the bleach. That why so many toned dollars are "one sided" or toned on both sides in the same general area.