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Mint Director Releases 2021 Morgan and Peace Dollar Renderings
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<p>[QUOTE="johnmilton, post: 5407051, member: 101855"]What the mint needs to do is issue enough coins to satisfy collector demand. It should not be in the business of satisfying flippers’ desire to make money. If an item does not sell well during its distribution period, like the Jackie Robinson coin program, and becomes popular later, that’s how it should be with mint products that yield returns for their owners. Artificially low mintages are totally unfair. </p><p><br /></p><p>Too many collectors are hung up on making money from modern mint products. You buy them because you want them as a collector and let the financial chips fall. </p><p><br /></p><p>Given the current mint pricing policy, the price for these dollars will probably give many collectors sticker shock. If it really displays the Peace Dollar design as it was intended, I would like one of those coins. </p><p><br /></p><p>The Morgan Dollar doesn’t interest me very much, especially if it is a redo of the 1921 Morgan. That coin was a mediocre rendering of the design. For those who don’t know, the original artwork had been discarded when the 1921 Morgan Dollars were made. It had be redone. If you want a good example of the design, buy a high grade 1881-S if you are on a budget or a nice Proof Morgan if you have the money to splurge.[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 5407051, member: 101855"]What the mint needs to do is issue enough coins to satisfy collector demand. It should not be in the business of satisfying flippers’ desire to make money. If an item does not sell well during its distribution period, like the Jackie Robinson coin program, and becomes popular later, that’s how it should be with mint products that yield returns for their owners. Artificially low mintages are totally unfair. Too many collectors are hung up on making money from modern mint products. You buy them because you want them as a collector and let the financial chips fall. Given the current mint pricing policy, the price for these dollars will probably give many collectors sticker shock. If it really displays the Peace Dollar design as it was intended, I would like one of those coins. The Morgan Dollar doesn’t interest me very much, especially if it is a redo of the 1921 Morgan. That coin was a mediocre rendering of the design. For those who don’t know, the original artwork had been discarded when the 1921 Morgan Dollars were made. It had be redone. If you want a good example of the design, buy a high grade 1881-S if you are on a budget or a nice Proof Morgan if you have the money to splurge.[/QUOTE]
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Mint Director Releases 2021 Morgan and Peace Dollar Renderings
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