2021 Morgan and Peace Dollars

From Coin World:

https://www.coinworld.com/news/us-coins/congress-approves-design-centennial-2021-silver-dollars

 

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I wish they don't make the mintage so low like those 2019 S rev proof eagles when people snapped up most of the coins minutes after the release and started selling it for multiple times!

 

The Mint has an easy choice: mint enough to create a big collecting event or set it up — still again — to brown nose the dealers, flippers etc. With the current Mint director, the first option is doubtful.

 

They're so far behind in making the normal coins, how are they going to find the time and resources to produce enough of these to go around?
I would sure like some, but I don't want to have to fight for them, or pay up the nose for them either!

 

I am hoping the mintage will be similar to the burnished Silver Eagles . Something that is not so rare that it crashes the system and irritates everyone but is still more collectable than a basic bullion coin

 

These will be extremely popular. The last article I read suggested they would not be a limited release but they could do anything. If they're too busy I think they should cancel any number of other offerings this year to get this done. Just my opinion. No other offering will be more popular than these if I had to guess.

Edit: Looks like there should be room on the docket compared to this year. Right now they have 63 offerings scheduled for 2021 compared to 80 they had in 2020.

 

Looks like they want to have a mixture of proof, uncirculated, reverse, privy marks and all the other things that will make a ton of money for the mint and major dealers. It would be a nice set and I would probably like to get involved but I don't want to get in the middle of a black Friday type of event.

 

If they were to do a pre order for collectors only with a household limit attached, then release them in bulk to the dealers, wishful thinking i know but that would be the right thing to do, i think this would help the hobby more then the dealer/flipper scam that could take place.

2021 will also bring in the new design for the American SLV and GLD Eagles, it's going to be a busy year at the US Mint!

 

yes I am personally not a fan of the new Silver Eagle so besides any rare editions i try and snag I will not be collecting the new reverse.

 

You are right about Ryder. He is not a fan of collectors nor do collectors care much for him. I went whole hog in 2020. When my wife caught wind of what I had spent on coins, she went ballistic. I was advised to pare down purchasing coins. She doesn't care about me purchasing, but she thinks I have been buying "junk". I would like to get the Tuskegee Airmen 3-coin set to complete my set, the last "old" American Silver Dollars, and the new American Silver Dollars. Anything else, she would like me to go over why I want the coin. It's not the money (she says), its just that she thinks a lot of my coin purchases are junk.

 

I will get one of the new reverse ASE and then I am done with them.

 

There's plenty of circulating coins they just don't circulate back to stores and banks because everyone is doing everything online. Coin roll hunters getting boxes and boxes don't help anything either.

Regardless they're different production lines anyways

Most likely it will be some compromise where some of the products will be low mintage while at least one will have a high mintage. Of course then everyone will complain and just want the low mintage ones

He's actually does a fantastic job of getting people excited about mint products again and has gotten the mint to start operating like the elite mints of the world do which the US mint should be one of.

 

Me too!

 

I'm an old timer and I will stick to what interest me. New coins, I can take them or leave them, everything is going to my heirs anyway. I'll enjoy the thrill of the hunt for as long as the Big Kahuna will allow me to.

 

These issues are going to AT LEAST be $83.00 each, probably more like $95.00 and who knows how many versions they make or mintmarks. Just being real about it. Between that and the
"American Eagle 2021 Silver Reverse Proof Two-Coin Set"
which I think will have one of the old reverse an one of the new reverse one S mint one W mint, The mint is likely looking for more money than my annual coin budget allows for.

JAN 07 2021 W Proof SAE
Summer 2021 W Proof SAE
Summer 2021 S Proof SAE
Summer 2021 W uncirculated SAE
Summer 2021 S+W Reverse Proof SAE set

Whey have two W proof SAE listed for the year for some reason, my guess is to have a proof example with each of the reverses without doing both of them at San Francisco also. but the early proof release should be the old revese style, and everything else in the summer be the new reverse.
But that's 5 SAE offerings, must be totaling close to $500 right there, and not even getting to what else they might do also not listed here, and then the 2021 Morgan and Peace dollars, whatever they do there..... I don't have $1000+ a year to drop on mint items. I'm going to have to be selective, as it is, I'm trying to squeeze in the RP innovation dollars that I can with Maryland release on Dec. 30th so I can take advantage of the one last shot of free shipping for the year. LOL.

 

The normal proof SAEs with either reverse should be readily available and maybe even go down a bit in the after market the next year. Same with the uncirculated. As long as they don't limit the mintages of those they should probably have a high mintage for the series being the first and last of the different designs for it.

 

And... Congress (116th session) has adjourned without the President signing the bill.

It's dead, Jim. I'm a Doctor, not a Mint Director.

In another thread, I asked if anyone wants to bet the mint does this as a silver medal and whether we'll all be carping about the costs of a medal "that's not even a real coin"...

 

Most disappointing. A medal? Keep it.

 

This bill will have to be re-submitted and passed by Congress again in a hurry. Very disappointing.

 

If they make a business strike silver dollar with both portraits of Liberty, either one on each side, or a portrait style like the Lafayette, I’m buying. Proof coins are of no interest to me.