Amanda's Peace Dollar Chart

I think you are in a great track there, Amanda. I think the numerical percentage of " how much better" will provide some objectivity in an area where so many different opinions exist. Also, you are going to get some debate regarding the extensive amount of conditional rarities, and PL and DMPL specialty issues. The other intangible , which tends to greatly affect and impact upon Morgans ( far more as a result of their unique storage situations over the years) is valuation of toned coins. Good luck with that one... Lol.

 

Log in or Sign up to hide this ad.

Oh, don't I know it. But all one can do is try to get the majority's opinion down!

 

Agreed. You are going to find quite a few "majority" opinions around here. Just read any of the "grade this coin" threads, and that especially applies to coins already graded by the "big two."

 

I like how everyone is so friendly to Amanda.

 

Duhhhhh!!! She's a very attractive woman, loves coins, and most of the posters here are male.

 

Well I personally consider many coins with more than 10 known to be "rare" ... anyway, what are your thoughts on the other terms for the scale?

 

I find it amusing as well.

 

Oh, and I forgot for someone else up the way; I doubt there's going to be anything like "publishing" outside of my site, but I think I am going to get more creative with my watermarks so I can at least keep my name on it if it does get passed around the internet. I think I need an official logo!

 

I remember reading somewhere online, probably an article or three on a coin, possibly magazine, website a big consideration of the rares and scarces. He talked about the previous definitions associated with projected numbers remaining today, and then defined his numbers for each word. I cannot remember or find that article.
But, if you search those words enough, you should find some references about previous definitions of rare, scarce, etc.
While they are certainly used loosely all the time, it would be nice to have some numbers to go with them.

 

Good point. I think rare has many levels. A coin with 1,000 known specimens is one kind of rare, whereas a coin with 10 or known specimens is whole other kind of rare. There are more levels than that, IMO, but just want to illustrate the point.

 

The logo should be within a coin. Or have coin be some part of the logo.

 

Definitely in terms of conditional rarities--for example, the 1884s is the classic conditional rarity. It is a decent date in non-MS, but extremely expensive in MS condition. There are many others like it.

 

Looks like I did save a bit of data from one of those articles, but I can't remember whose chart this was:

UNIQUE 1

Great Rarity <25

Extremely Rare <100

Very Rare <250

Rare <500

Scarce <5,000

Common >10,000

 

Don't know that I can agree with this. The Morgan 1893s is a true rarity, and 100,000 were minted with a survival rate of 10-15%. It depends upon circumstances. The Kennedy 1998s SMS had a mintage of 62,000, but would be considered desirable and not really rare, as a survival/slabbing rate is quite high.

 

How about rare, medium rare, medium, medium well, and well done for a scale? TC

 

I like and agree with this.

 

He doesn't say anything about mintage or survival rates. Those are already accounted for. The classifications are based on known specimens.

 

Not true. Using those criteria alone, then the 1893s Morgan would be COMMON, as approximately 10,000-12,000 specimens exist.

 

What are you talking about???

We're talking about the rarity scale, not an 1893s Morgan.

If an 1893s Morgan has 10,000+ known specimens then it's obviously not rare. I'm talking about in general. Condition rarity (if one exists) is a whole other issue. Which you could apply the rarity scale to that also.