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Morgan vs Peace, BU??

BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭
in Precious Metals
Other than popularity, why would a common date BU Morgan be worth $12 or more than a common date Peace $ in the same condition? Neither has any collectible value IMO.
theknowitalltroll;

Comments

  • derrybderryb Posts: 36,790 ✭✭✭✭✭
    Because the buyers paying the extra $12 disagree?

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭


    << <i>Because the buyers paying the extra $12 disagree? >>



    I was looking at APMEX bulk pricing. Not everyone who collects needs an 1884-O in ms66 or ms67, but where's the collectibility in 5 rolls of 1887 Morgans? Their buy price for BU common Pece is $29 and for common BU Morgans $40.
    theknowitalltroll;
  • DorkGirlDorkGirl Posts: 9,994 ✭✭✭
    I'd take the Peace dollars. If you're stacking, who cares?
    Becky
  • BAJJERFANBAJJERFAN Posts: 31,082 ✭✭✭✭✭


    << <i>I'd take the Peace dollars. If you're stacking, who cares? >>



    I agree, but that doesn't explain the Morgan premium for the same amount of silver.
    theknowitalltroll;
  • mkman123mkman123 Posts: 6,849 ✭✭✭✭
    Honestly, most the Morgan has more recognizability and seem to awe "common" folks more than the peace and when you try to sell morgans and peace, some B&Ms offer more for the morgan. frankly, I like both!
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  • AUandAGAUandAG Posts: 24,760 ✭✭✭✭✭
    Well, the Morgan dollar went through a couple of melts before the Peace was released.
    The Peace dollar mintage totaled 187 million coins. The Morgan melt was 187 million coins.
    So, Morgans went down through melting and some have become a bit more difficult to
    obtain than Peace dollars. Or, at least that is how it's perceived.

    I stack slicks or nearly so of either dollar. Which are a bit less than either common coin.

    bobimage
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    It's just a question of supply and demand.

    I hate Morgans and I love peace dollars.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    I like both !!!
    Timbuk3
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    Another 40 yrs of age with the Morgan (think wild west artifact)
    Design of the Morgan is more classic imo - 19th century coin. Many don't like the Peace design at all. It needed a lot more effort to bring up all the design details.
    The Peace dollars often have milk spots, streaks, lousy strikes, etc. Other than the 1922-1925 Philly coins, there's not much of a selection for a common date roll.
    Most Peace dollars don't compare very well to the high quality of 1880-s and 1881-s Morgans. No contest.
    And you can get semi-PL Morgans at no premium. You can't do that with Peace dollars. The luster on Peace dollars almost never has dazzling cartwheels like the Morgans.
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • tneigtneig Posts: 1,505 ✭✭✭


    << <i>

    << <i>I'd take the Peace dollars. If you're stacking, who cares? >>


    I agree, but that doesn't explain the Morgan premium for the same amount of silver. >>



    I like the Old West Appeal 'age' of the Morgan, and think thats most of it. (Do think the beauty of the Peace complements the morgan in a collection.)

    Just wouldn't pay an extra $12 for one BU over the other (or either). Cheaper can be found.

    (I don't know if it would return its numsi value in 10 years anyway, as .999 bullion is a big growing part of the pie and getting bigger.)
    COA
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