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Message:: [QUOTE="Beefer518, post: 4670947, member: 87737"][USER=94733]@Mountain Man[/USER] - I'm not a conspiracy theorist, but a part of me thinks that the TPG's sometimes hold back on these. They know there is a pretty big step up in value from a 63/64 to a 65/66 on many of them, and I also think they look at them as the ugly red-headed stepchild of US coinage. With probably >90% initially held as a momento/keepsake, and those that did circulate most likely didn't circulate for decades before being pulled, you'd expect a lot more in higher grades. What I never understood about commemoratives vs general coinage is the lack of realized value for the commems, based purely on the fact that there were so few minted, especially vs Morgans. They each one is unique, (except for the Oregon/TX/Ark/BTW/WC's), and the artwork, even on the ugliest, is much more interesting then any of the circulating coinage in our history. i always scratch my head when thinking about how the 1893-S Morgan (100,000 minted), is always worth gobs more then coins such as the Isabella (24,214), Lafayette (36,026), California Jubilee (86,594), or even a coin like the Maine (50,028). Any of those would have to be in the 66-68 range to get close to the VF25 value of the "more common" 1893-S. Yes, I realize that the Morgan was intended for circulation, but when coins like the '39 P/D/S Oregons break the $500 mark at 67 and higher, it seems weird. I know that's also based on the market wanting/not wanting something, but come on! Each of the '39's had a mintage of 3k, that's 3% of the 1893-S mintage. Weird. Sorry for the rambling.... <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie70" alt=":panda:" unselectable="on" unselectable="on" />[/QUOTE]

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