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Logic of Morgan Dollar values
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<p>[QUOTE="RaceBannon, post: 1288789, member: 25357"]My answer to that is yes. Morgan dollars are perhaps the most highly collected US coin series after the Lincoln Cent. Now add to that their history, the fact that each one contains almost an ounce of silver, that many of the key dates were melted, and that many dates can be had in high grade because they were never released to the public, and you have the perfect storm of demand, appeal and marketing all coming together to create very expensive coins, especially for the key dates.</p><p><br /></p><p><br /></p><p>Most collectors want a complete set of any series, aside from the 95 P which was only issued as a proof and is beyond the means of most average collectors, the 93 S Morgan is the king, it's the coin most collectors need, in any condition to complete their set.</p><p><br /></p><p><br /></p><p>You've got a lot of people willing to pay the premium for the King.[/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 1288789, member: 25357"]My answer to that is yes. Morgan dollars are perhaps the most highly collected US coin series after the Lincoln Cent. Now add to that their history, the fact that each one contains almost an ounce of silver, that many of the key dates were melted, and that many dates can be had in high grade because they were never released to the public, and you have the perfect storm of demand, appeal and marketing all coming together to create very expensive coins, especially for the key dates. Most collectors want a complete set of any series, aside from the 95 P which was only issued as a proof and is beyond the means of most average collectors, the 93 S Morgan is the king, it's the coin most collectors need, in any condition to complete their set. You've got a lot of people willing to pay the premium for the King.[/QUOTE]
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