I've thought this one out a few times and think that orders should be taken by the Mint before any coins are issued, and then only sold to these pre-orders.
Amen! Limit them to one a piece. I'd really like to get one and I always seem to miss special issues like this.
I would have like to see Morgans stuck at West Point (with a W mint Mark) so that Morgans came from every post civil war US mint
The Peace dollar sounds like a "go" for me. I wouldn't mind owning a few, assuming it's not outrageously priced. But next up on my list are the 2020 MayFlower coins. Assuming they aren't sold out in 1.5 seconds.
I don't like the reissues just because I think the mint can do better, but yea it's really over the top when people act like it's going to destroy the hobby or that variety is a bad thing. If there's anything to really complain about it's the increasing premiums the various mints are going to where they charge a bunch and give discounts (sometimes big discounts) to dealers because they would rather deal with a couple large orders then a bunch of single orders
The Morgan and the Peace dollars will be the same price as the other commemorative dollars: 74 bucks a piece for the proofs & 69 bucks for the uncirculated.
I'm a buyer if they produce them. Logic, it would become part of the Morgan set, wouldn't it? Presently, I'm only missing 8 examples (7 examples if I count only circulation coins).
https://www.coinworld.com/news/us-coins/house-approves-2021-morgan-and-peace-dollars https://uscoinnews.com/2020/09/24/h-r-6192-morgan-and-peace-dollar-legislation-passes-house/ The bill passed the house. (a) $1 Silver Coins.—The Secretary of the Treasury (hereafter in this Act referred to as the “Secretary”) shall mint and issue $1 coins in recognition of the 100th anniversary of completion of coinage of the Morgan dollar and the 100th anniversary of commencement of coinage of the Peace dollar, each of which shall— (1) weigh 26.73 grams; (2) have a diameter of 1.500 inches; (3) contain not less than 90 percent silver; and (4) have a reeded edge. (b) Legal Tender.—The coins minted under this Act shall be legal tender, as provided in section 5103 of title 31, United States Code. (c) Numismatic Items.—For purposes of sections 5134 and 5136 of title 31, United States Code, all coins minted under this Act shall be considered to be numismatic items. (a) Design Requirements.— (1) IN GENERAL.—The designs of the coins minted under this Act shall honor either the Morgan dollar or the Peace dollar, as follows— (A) MORGAN DOLLAR.—The coins honoring the 100th anniversary of completion of coinage of the Morgan dollar shall have an obverse design and a reverse design that are renditions of the designs historically used on the obverse and reverse of the Morgan dollar. (B) PEACE DOLLAR.—The coins honoring the 100th anniversary of commencement of coinage of the Peace dollar shall have an obverse design and a reverse design that are renditions of the designs historically used on the obverse and reverse of the Peace dollar. So anyway you look at it I think they covered their bases about it being called a "commemorative" or "medal". By stating it's a numismatic item and legal tender, and both SHOULD be seen as additions to the Morgan and Peace dollar series, not some new stand alone. The only thing that concerns me is the modern minting techniques and the differences that might be very apparent. Also, they will be able to sell them all year starting Jan. 1st 2021, so I don't think they will have any sort of limited mintage. for this reason I think everyone that wants one can get one, and both are going to be really common. also doesn't mention about circulation, or proof strikes, or 90% silver and the .999 silver, or any variation of numismatic items they can dream up over the course of the year. they could really get stupid on varieties for both of them between finishes, mintmarks, silver contents (not less than 90%) the mint could run with this and make a couple dozen of each design of morgan and peace dollar to collect really the way it's worded.
A coinworld article mentions Denver, Philadelphia and San Fransisco Mints; Privy marks on certain issues; and Proof, uncirculated,with the possibility of special finishes. I'm imagining a 45 coin set. https://www.coinworld.com/news/us-coins/house-approves-2021-morgan-and-peace-dollars
Thanks for the updated info John, Pat. Guess I need to make more room for up to 45 more coins. I needed another job. Right?
yes, 45 I think is a stretch, but I can see 18-30 maybe. HAHAHAHA, you might be right though! Maybe circulation, satin, enhanced, Proof, enhanced proof, reverse proof, enhanced reverse proof, P,D and S at least of them all. maybe privy marked versions, enameled versions, maybe done in .90 and .999 silver both, Maybe a W or special limited edition CC. it's being called a coin and numismatic item, so maybe a Nevada State Museum strike also. it's absolutely geared to collectors and numismatic items, and the bill clarifies with "sections 5134 and 5136 of title 31" which relates to the United States Mint Public Enterprise Fund. They have all year to do whatever they want with them and no mintage limits in the bill. We will see but if people want to collect everything that is "possible" if they make it, then they better start saving up now. hahahaha
If they do them in .999 they will have to be thinner than the old silver dollars because the bill specifies 1.5 inches in diameter and 26.73 grams in weight. Those were the specs of the old Morgan and Peace dollar in 90%. Increasing the silver content would increase the weight so they would have to be thinner to bring the weight back down. If this does become law I hope they keep them the same as the originals and they make the Peace dollar in proof, then I can add a proof peace dollar to my 20th century type set.
The Manila is a strange case since it never stuck mainland coins only only so I don't really count it, but perhaps I should have said US mints. anyways West Point with the W would be great