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<p>[QUOTE=&quot;johnmilton, post: 3387985, member: 101855&quot;]One thing that drives super high prices is the PCGS registry. A lot of people, with money, want to be the top dog and to do that you have to have the highest graded certified coins. That can drive prices to very high levels, sometimes for very common coins that are “condition rarities.”</p><p><br /></p><p>The thing about Morgan Dollars is that many of them are expensive in Mint State, but no big deal in the circulated grades. The survival rates for Morgan Dollars are very high relative to other coins from the same era. They were made for political reasons to provide a market for silver, which was in an over supply position during the second half of the 19th century. Most people didn’t want them because they weighed down their pockets and purses. Therefore they sat in mint vaults in Mint State for almost a century.</p><p><br /></p><p>As a retired dealer, I can tell you that none of the Morgan Dollar date and mint combinations are rare, not even the “big dates” like 1893-S and the 1895 Proof. If you want them, you can get them if you have the money. For other coins, you might have to wait your turn, even if you can afford them.[/QUOTE]</p><p><br /></p>

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