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Are PCGS CoinFacts survival numbers accurate?
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<p>[QUOTE="fiddlehead, post: 2388136, member: 31286"]Wow - yes, great article. And relevant to this discussion. The reference to the 1893-S Morgan $1 is especially relevant. There are over 100 of these listed on Ebay right now. PCGS estimates nearly 10,000 survivors - and they ask for 5k for f-12's and 15's. Incredible. I know much more about type one double eagles than Morgans - what a difference. For example, an 1853-O $20 is estimated to have about 400 survivors and an xf45 example is worth between 7 and 8K. An 1853/'2', an overdate issue with perhaps 300 existing survivors (the rarest philadelphia mint issue) could be purchased for under 5K in xf45 - if you could find one. Neither of these issues are very often available on Ebay and only have one or two a year (if that) listed with Heritage. I guess there must be 100 or more times the Morgan collectors than double eagle collectors, but at those prices for coins that really aren't very rare (at least in my sense of the word) and which have very little precious metal value - I guess the question is: with survival rates that high - why are the prices so high when they are so readily available and such high numbers in existence?[/QUOTE]</p><p><br /></p>
[QUOTE="fiddlehead, post: 2388136, member: 31286"]Wow - yes, great article. And relevant to this discussion. The reference to the 1893-S Morgan $1 is especially relevant. There are over 100 of these listed on Ebay right now. PCGS estimates nearly 10,000 survivors - and they ask for 5k for f-12's and 15's. Incredible. I know much more about type one double eagles than Morgans - what a difference. For example, an 1853-O $20 is estimated to have about 400 survivors and an xf45 example is worth between 7 and 8K. An 1853/'2', an overdate issue with perhaps 300 existing survivors (the rarest philadelphia mint issue) could be purchased for under 5K in xf45 - if you could find one. Neither of these issues are very often available on Ebay and only have one or two a year (if that) listed with Heritage. I guess there must be 100 or more times the Morgan collectors than double eagle collectors, but at those prices for coins that really aren't very rare (at least in my sense of the word) and which have very little precious metal value - I guess the question is: with survival rates that high - why are the prices so high when they are so readily available and such high numbers in existence?[/QUOTE]
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