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Common Date Peace and Morgan Dollar Question

How much does the price of silver affect these coins if graded in the MS64 or MS65 range?
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dollars, so graded, would be numismatic not bullion.
bob
<< <i>I wouldn't say that it doesn't affect the price at all, but common-date Peace dollars in 64 derive only about 40% of their value from bullion content. Small swings in the bullion market would result in no change at these grades. >>
But as shown last Feb-April, with MS63-66 Morgans being promoted along with sharply rising silver prices, the Morgans can actually rise as FAST or FASTER than the price of bullion.
MS64's went from $42 to $115 as silver went from around $18 to $49. So the answer is, it depends. Those promotions could not have possibly been conducted without a sharply
rising silver price. In this case 1 + 1 = 2.
<< <i>
<< <i>I wouldn't say that it doesn't affect the price at all, but common-date Peace dollars in 64 derive only about 40% of their value from bullion content. Small swings in the bullion market would result in no change at these grades. >>
But as shown last Feb-April, with MS63-66 Morgans being promoted along with sharply rising silver prices, the Morgans can actually rise as FAST or FASTER than the price of bullion.
MS64's went from $42 to $115 as silver went from around $18 to $49. So the answer is, it depends. Those promotions could not have possibly been conducted without a sharply
rising silver price. In this case 1 + 1 = 2. >>
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