2021 New Morgan & Peace Silver Dollars

Discussion in 'Coin Chat' started by The Oddsbreaker, Apr 15, 2021.

  1. furryfrog02

    furryfrog02 Well-Known Member

    Meh, if you are gonna sell me a "Morgan" dollar or a "Peace" dollar. I'd rather have it as it was meant to be. With the full silver, it is more of a medal than a coin to me.
    John Burgess likes this.
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  3. John Johnson

    John Johnson Well-Known Member

    I do want one of the Peace Dollars to add to my set, but I'll probably wait until some PCGS graded copies show up for sale.
  4. chascat

    chascat Well-Known Member

    One good thing is they will always be worth spot.
  5. Bambam8778

    Bambam8778 Well-Known Member

    Thanks for pointing that out! I never realized that!
  6. Mac McDonald

    Mac McDonald Well-Known Member

    OK all you experts, know-it-alls :woot: and silver barons...seriously, at least one or two of you...please answer this: So, what IS the purity of the silver used in all the 90% silver coins (through 1964)...? I mean, it's 90% silver alloyed with 10% copper...understand...but that's the alloy percentage or content/amount of silver...what's THAT silver's purity (.925 sterling, or .999 pure, or...)? You can have a coin containing "90% silver," but if the actual silver purity of the "90%" is only .500, as it was/is for many foreign coins, hard to claim 90% silver value, isn't it...? This has always been somewhat confusing...just when I think I've got it, I hear/read it said or referred to differently and then I'm not sure. Thanks in advance.
  7. John Burgess

    John Burgess Well-Known Member

    the morgan and peace dollar is .900 fineness. there is no confusion here with U.S. coins, the "coinage silver" is .900 fineness alloyed with copper. Perhaps some confusion comes into play with the 40% silver half dollars or the wartime nickels.
    Mac McDonald and Vess1 like this.
  8. Conder101

    Conder101 Numismatist

    The silver was .999 fine until it was alloyed with enough copper to reach 90% silver and 10% copper making the fineness or purity of the silver in the finished coin .900 fine. Fineness and purity are pretty much synonymous.

    If you are starting with an alloy of silver and copper that isn't .900 fine you would add .999 silver if the initial fineness/purity was too low, or add pure copper if the fineness/purity was too high. But in general they would start with .999 fine silver and add copper to it to bring it down to .900.
    Mac McDonald likes this.
  9. Conder101

    Conder101 Numismatist

    Because we would like it to be a close to the originals as possible. If you just want to mark the anniversary and not worry about matching the alloy, why not just make them coppernickel clad? Or 40% silver?
  10. potty dollar 1878

    potty dollar 1878 Well-Known Member

    A copper version would be nice but I'm not paying $40-$50 for one anyway.
  11. Vess1

    Vess1 CT SP VIP

    Because all the planchets they get for commemorative silver dollars are .999 now and going forward until the law is changed. There's no benefit or reason to change since they made the change for uniformity sake and .999 will be more popular anyway. I would have liked them either way. I'm just not bent out of shape over 10% copper alloy missing from them. They may look nicer without it to be honest.
  12. Mac McDonald

    Mac McDonald Well-Known Member

    Today, 5/7/2021, received what appeared to be THE official announcement from the mint (after all the other announcements) about the Morgan-Peace dollars, a schedule and so-forth. There is a REMINDER sign-up...for the date each coin will start...but apparently NOT an ENROLLMENT or pre-sale program similar to the ASEs. Have already signed up for txt and email reminders...not sure if I should trust the mint or sign up again. You'd think they could tell you what reminders they/you have on file for established accounts...that you've already signed up for, but no...that's too much to ask that the mint have an up-to-date computer system where data bases read to each other.

    Here's a question: They say these six coins are all "uncirculated" or have an "uncirculated finish"...is than "enhanced" as they did for the Kennedy halves...? The photos all look to be proof or proof-like...certainly more than just business-strike uncirculated, as for rolls and such. By the photos, these have got to be something of "enhanced." Anyone know anything on this...?
  13. baseball21

    baseball21 Well-Known Member

    The photos at this point are just computer renderings not actual photos of a product. These are scheduled to ship in October, none of the photos right now mean anything in terms of final product.
  14. UncleScroge

    UncleScroge Well-Known Member

    Just an FYI for those who are interested, here's what the pre-ordering schedule looks like.
    2021 Morgan & Peace.jpg
  15. chascat

    chascat Well-Known Member

    These new commems. are no diff. from any other modern dollar sized commem. They are the same alloy, size, weight, and finish.
  16. dan smith

    dan smith New Member

    If they wanted to do it right they would have a pre-enrollment. This would give everyone a chance
  17. baseball21

    baseball21 Well-Known Member

    That changes absolutely nothing. All that is is just a new sales date that's even earlier than the one that's already months in advance
  18. 1865King

    1865King Well-Known Member

    You know as soon as that time comes, by the time you get into the mints Webb site the coins will be sold. That's to bad. They shouldn't put in mintage limits on these coins.
  19. iPen

    iPen Well-Known Member

    I noticed that the Mint site says that the 2021 Peace and Morgan silver dollars are 0.858 Toz (26.69 g), and not the standard 26.73 g that's standard on all silver commemorative dollars. Is there a reason for this? It's a minor difference of 0.04g, but it seems odd.... especially since 0.859 Toz (26.718g) and 0.860 Toz (26.749 g) is closer to the 26.73 figure. If it were a rounding issue, then they'd say 0.856 Toz. If it were to be rounded to the nearest thousandth, then it'd be 0.859 Toz.

    Over the entire minting production for the Peace and Morgan commemoratives... 0.04 g less in silver saves them 1,382.5 Troy oz of silver. Not that the US Mint is doing this... I think it could simply be a typo.
    Last edited: May 8, 2021
  20. buzzard

    buzzard Active Member

    I picked up six 2021 morgan dollar CC coins today, it was hard to get in. Took about 10 different times to get in. One for me and One for my dad ang flipping the other 4 after they are all graded.
  21. Santinidollar

    Santinidollar Supporter! Supporter

    I think the problem could be mitigated with lower limits on sales. Unlimited mintage is not the answer. Almost all ASE proofs, for example, had unlimited mintage. Not much collectability now.
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