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[mrbrklyn]

Originally Posted by Conder101

After the Treasury stopped the distribution of silver dollars in exchange for silver certificates in 1963 one of the things that turned up in an inventory of what remained in the vaults included over 75% of the entire mintage of the 1884 CC dollar. All in Mint State. Until that time it had been one of the keys to the Morgan dollars.


1921 and 1928. The coining of the 1921 morgans and then the Peace dollars was to replace the coins melted by the Pittman Act. That's why the coinage of Peace dollars stopped in 1928, they had reached the number of coins melted. (the 1934 and 35 coins were the result of another silver purchase act.)

As to the O mint coin there are two candidates, Untill the great run on the Treasury in the early 1960's the 1903-O was THE key coin for the Morgans with only 6 MS coins known and even a circulated pieces was rare. Many major collections either lacked the issue or they were quite proud if they managed to have a circulated one. Then BAGS of them in MS started coming out of the vaults. The price PLUMMETED from over $1500 (remember that's in 1960 dollars. $1500 would buy a decent new car.) to $15. It has since recovered somewhat but is still nowhere close to its early 60's price. The other possibility would be the 1898-O dollars which were also considered to be one of the top coins. A LOT of bags of that one were released and today it is a common.

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