Legislation seeks 2021-CC Morgan Dollar, High Relief Peace

I can appreciate your position. To have been a collector during the 50s and 60s must have been such a great time. My dad collected from the 60s through the late 80s. I inherited half of his collection in 2011, so I’m a newbie to this hobby. Releases like this Morgan and Peace dollar get me excited, and I never want to lose that.

 

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That really depends upon which half dollars you need, and who you define has a "big dealer." A dealer with a million dollar net worth is really not all that big these days. Heck, you really need to the income from a million dollar nest egg to retire these days. Your father's million was a lot more money. Some of the dealers with multi-million dollar inventories might not be as powerful as they seem.

 

Well it is also the Centennial of the end of WWI, which is why the Peace dollar was issued. So the Peace dollars make some sense. No reason for the 2021 CC Morgan though.

 

Must be some powerful dealers considering you can buy $25 worth of halves for $35 from the mint, pull the ones you need, dump the rest, and have just a 20 cent premium on each of them. Are the dealers forcing you to buy the coins from them, or are they forcing the Mint to make them?

 

The neat thing about this forum is that everyone can post their own opinion.

 

And, I should back off and let the new generation take the hobby to a new place. I have my collection and I did it my way. I am actually not buying from the mint anymore. I'm trying to split up what I have to all the family. Keep doing what gets you excited.

 

And, I should back off and let the new generation take the hobby to a new place. I have my collection and I did it my way. I am actually not buying from the mint anymore. I'm trying to split up what I have to all the family. Keep doing what gets you excited.

 

And, I should back off and let the new generation take the hobby to a new place. I have my collection and I did it my way. I am actually not buying from the mint anymore. I'm trying to split up what I have to all the family. Keep doing what gets you excited.

 

It was nice knowing that virtually every coin the mints ever put in circulation were out there waiting to be found. And, I found a lot of them.

 

I could support a Treaty of Versailles commem (and honestly, I'm surprised there isn't one being released this year). That is an even worthy of commemoration. I guess there might be commems for the US treaties in 1921?

 

Yes, I knew it wouldn't be a Franklin Mint production, but they are getting down to the level of one, making "collectibles" for collecting for anyone who wants them.

 

If you are only looking for the modern half dollars that the mint only sells in Proofs sets and rolls, @Inspector43, I was not aware that they were that expensive. I've even seen them crop up in bank rolls once in a great while. Why the owners let them go for face is beyound me, but so long as you don't want MS or PR-70 slabbed examples, I can't see where maintaining the set would be that expesive.

Of course the anniversary set the mint issued costs some money, but I was under the impression that you already had one of those.

 

I have to say, I’m really surprised at all the negative reactions to this announcement. I love the idea and will be buying one for me and one to flip.

 

As a collector I greatly respect, can you explain why you love the idea?

 

I probably went off on a tangent. But, I just quit recently. I am retired and it is difficult to put out $70 for 2 rolls of halves even though I could dispose of the remainder. That could be what those people do who put them in circulation. I have been getting them on-line but have the markup and then postage. There aren't any coin shops within 50 miles or I could deal with one of them. I don't want to seem ungrateful, but, I am disappointed at the changes over the last 70 years.

 

1) I like Morgan Dollars
2) I like Peace Dollars
3) Modern coin designs suck
4) The ASE and Buffalo Silver Dollar look great
5) There will only be 50K issued so they are going to hold value into the future.

The majority of the products offered by the mint are just the same old designs with the current year stamped on them. These new finishes like the reverse proofs and enhanced uncirculated look ridiculous. Changing the mintmark of a coin from "P" to "W" doesn't interest me at all. In fact, the only Mint product that interests me in the least are the Presidential Silver Medals. So when I see a commemorative coin set being offered that resurrects two of the most iconic US coin designs in history, I am very excited about the prospect.

 

I think an awful lot of people will buy them to complete their collections.
I wonder, will they be a Troy oz, like the ASE, or the old AVDP oz?
90% or pure silver?
If its like the ASE'S, it wont fit in old albums.
But, if like the originals, at 28.3 grams and 90%, they should be less expensive

 

The half dollar is no longer a viable coin for use in circulation. If the coins was not offered as a limited mint issue, the series would probably end.

 

Complete what collections? There are not that many collectors of Modern Commems, and these will absolutely never be part of any official Morgan collection.

There will be a whole lot of people who buy these to speculate in them, flip them to some poor sap who wasn't lucky enough to get in on the initial limited mintage (and who, honestly, probably wants to flip it to yet another poor sap). Maybe some collectors will keep them. Eventually, the demand for these will fall to a level below it's initial release price, and poor saps will continue to trade them amongst themselves because "Hey, isn't this cool?" This is exactly what's happened to every single super-hyped release from the mint in the past few decades.

 

OK

OK

Modern commems generally do.

SCREEEEECCCHHH!!! ASE is fine, but the Buffalo Silver Dollar is awful. It's an artistically lobotomized caricature of the original. The gold buffalo is far better, so I'm going to give you the benefit of the doubt and say that's what you must have meant.

Busting your chops a bit on this, but re-read that paragraph.

I will be excited about this issue if and only if the execution of it warrants me spending my money on it. I bought a 2009 UHR Saint because it was cool and very well done. I looked at the 2006 "Old Mint" dollar and threw up a little in my mouth. The models and technology are there to make these really nice pieces if the mint so desires.