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<p>[QUOTE="messydesk, post: 3597737, member: 1765"]1899 was released in quantity during the Treasury sale in the 1960s. There was also a bunch of hoard coins that came to light in the 1950s. There's really not much reason to buy one below MS64, since the price curve is pretty flat. Based on study of a lot of coins there were only 3 die pairs used, which is in line with the mintage and die life expectancy.</p><p><br /></p><p>Given the populations of 1899, it's not really much of a sleeper, and this can be ascertained looking at PCGS guides and pops. The 1899-S in MS62 has a retail value the same as 1899 in MS64, but a far lower population at grade or better. Likewise an 1899-O in MS66+ and an 1898-S in MS63PL. The $575 value is largely driven by the 6-figure mintage number.</p><p><br /></p><p>If you're looking for a Morgan for a type set, there are many choices one can make, and for many different reasons. While it may sound car-dealerish to ask, what are you looking for in a Morgan dollar, and what's your budget?</p><p><br /></p><p>Edit: Oops, I was looking at 1899 in 64PL for that price. Nevertheless, the exercise in looking at the price guide and pops is sound, and I still don't think that a 99 in MS64 is a sleeper coin.[/QUOTE]</p><p><br /></p>
[QUOTE="messydesk, post: 3597737, member: 1765"]1899 was released in quantity during the Treasury sale in the 1960s. There was also a bunch of hoard coins that came to light in the 1950s. There's really not much reason to buy one below MS64, since the price curve is pretty flat. Based on study of a lot of coins there were only 3 die pairs used, which is in line with the mintage and die life expectancy. Given the populations of 1899, it's not really much of a sleeper, and this can be ascertained looking at PCGS guides and pops. The 1899-S in MS62 has a retail value the same as 1899 in MS64, but a far lower population at grade or better. Likewise an 1899-O in MS66+ and an 1898-S in MS63PL. The $575 value is largely driven by the 6-figure mintage number. If you're looking for a Morgan for a type set, there are many choices one can make, and for many different reasons. While it may sound car-dealerish to ask, what are you looking for in a Morgan dollar, and what's your budget? Edit: Oops, I was looking at 1899 in 64PL for that price. Nevertheless, the exercise in looking at the price guide and pops is sound, and I still don't think that a 99 in MS64 is a sleeper coin.[/QUOTE]
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