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Message:: [QUOTE="GoldFinger1969, post: 8398023, member: 73489"]Finn, I stand corrected.....even though coins had taken big hits by 1990....it was only the 1st leg down.  As with most assets in decline, it took a few years and more legs down to bottom out with much bigger declines.  Check these out..... From My Media Resources: An 1878-S Morgan (common date but not sure of grade) sold for $34,000 in early 1990. Even if MS-68, that price is super-high.  I have an MS-67 and I know it cost about $700 a few years ago. By the Spring of 1993, we had seen these collapses: In May 1989 Bluesheet assigned a value of $555 to an 1880-S Morgan silver dollar certified as Mint State-65 by NGC.  May 1993 that same coin is valued at only about $75. In May 1989 Bluesheet value for a no-motto Liberty Seated half dollar graded MS-66 by PCGS was a whopping $39,000. 4 years later.....only about one-third that amount. In May 1989 Bluesheet assigned a value of $4,060 to a Saint-Gaudens double eagle graded MS-65 by NGC.  Today, its value is about $1,200. Let’s first consider the case of the 1880-S Morgan. The price declines of common-date Morgan dollars have been every bit as dramatic for MS-66 and MS-67 specimens as they have for MS-65 pieces. In MS-66, the price has plunged from $1,400 to $200, and in MS-67 the drop has been from $3,950 to $680.[/QUOTE]