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<p>[QUOTE=&quot;Mr. Coin Lover, post: 699443, member: 16060&quot;]If I follow your post correctly the comparing the purchasing power of a Morgan Dollar today compared with when it was minted would vary greatly. If I am getting what you said then allow me to switch it to a Peace Dollar that I know something about.</p><p><br /></p><p>The buying power when they were first minted in &#039;21 was a dollar.&nbsp; When the series ended, the last year would not have the buying power of the &#039;21.&nbsp; If you look at the buying power of these coins today a &#039;22 has nowhere near the buying power of a &#039;28 based on the price of a collectable coin, but as a coin with a precious metal value they are equal.&nbsp; So if I follow you correctly it woud have to be done cion by coin to include year and mint.</p><p><br /></p><p>A 1964 Washington quarter and prior has a melt value today of $2.93.&nbsp; If you think a gallon of gas cost about a quarter in 1964, then that quarter has increased in value based soley on its silver content.&nbsp; So that should be about a base price for the &#039;64 with the price of this coin to a collector increasing as the condition rises.</p><p><br /></p><p>I will say it did cross my mind a time or two the&nbsp; Buffalo Nickels I was purchasing had no precious metal in them and their price was based entirely on their popularity.[/QUOTE]</p><p><br /></p>

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