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<p>[QUOTE="cdcda, post: 12979, member: 941"]Another major factor which determines rarity is the survival rate of a particular coin in a specific grade. As an example, the 1884-S Morgan Dollar in common circulated grades is no more expensive that any of the common dates in the series. An MS 63 example though, is likely to set you back $25,000 or more assuming you can find one.</p><p><br /></p><p>In the case of the 1884-S Morgan, the lack of high quality surviving examples occurred as the direct result of commercial demand - the majority of the Morgans produced that year at San Fransisco went directly into commerce. Most of the rest were dolled out in 1926 and again during the 1930s, and also found there way into circulation.</p><p><br /></p><p>The few high quality survivors probably came from a small number of bags released by the mint in 1950s.[/QUOTE]</p><p><br /></p>
[QUOTE="cdcda, post: 12979, member: 941"]Another major factor which determines rarity is the survival rate of a particular coin in a specific grade. As an example, the 1884-S Morgan Dollar in common circulated grades is no more expensive that any of the common dates in the series. An MS 63 example though, is likely to set you back $25,000 or more assuming you can find one. In the case of the 1884-S Morgan, the lack of high quality surviving examples occurred as the direct result of commercial demand - the majority of the Morgans produced that year at San Fransisco went directly into commerce. Most of the rest were dolled out in 1926 and again during the 1930s, and also found there way into circulation. The few high quality survivors probably came from a small number of bags released by the mint in 1950s.[/QUOTE]
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Mintage numbers and what they mean.
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