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Morgan/Peace Dollars as investment.
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<p>[QUOTE="WingedLiberty, post: 1014147, member: 26030"]I was curious to look at the total mintages of the dollar coins under discussion ... </p><p><br /></p><p>Morgan Dollars (1878-1904) = 577 million <span style="color: sienna">(many melted)</span></p><p>Morgan Dollars (1921) = 87 million </p><p>Peace Dollars (1922, 23, 24, 25) = 104 million </p><p>Peace Dollars (all others) = 86 million </p><p>Silver Eagles (1986-2010) = 200 million+</p><p><br /></p><p>It's interesting the the Silver Eagle total mintage is comparable to the Peace Dollar Mintage; and perhaps the remaining population of Morgans. Although many Morgan and Peace Dollars were heavily circulated, and all the ASE population is unc.</p><p><br /></p><p>The actual remaining population of Morgan Dollars is hard to calculate because of all the melting between 1905 and 1920.</p><p>But it appears the populations are at least in the same ballpark with ASE's</p><p><br /></p><p>I think this tends to support krispy's point - but probably only if the ASE program ended (as he said).</p><p><br /></p><p>The ASE mintage in 2008 was 20 million, and in 2009 was 30 million (largest single year mintage ever). So the mintages of ASE's are clearly on a steep rise -- and if the US runs the ASE program for another 10 to 20 years -- the total mintage of ASE's could blow the other two (old) dollar mintages out of the water. </p><p><br /></p><p>Interesting.[/QUOTE]</p><p><br /></p>
[QUOTE="WingedLiberty, post: 1014147, member: 26030"]I was curious to look at the total mintages of the dollar coins under discussion ... Morgan Dollars (1878-1904) = 577 million [COLOR=sienna](many melted)[/COLOR] Morgan Dollars (1921) = 87 million Peace Dollars (1922, 23, 24, 25) = 104 million Peace Dollars (all others) = 86 million Silver Eagles (1986-2010) = 200 million+ It's interesting the the Silver Eagle total mintage is comparable to the Peace Dollar Mintage; and perhaps the remaining population of Morgans. Although many Morgan and Peace Dollars were heavily circulated, and all the ASE population is unc. The actual remaining population of Morgan Dollars is hard to calculate because of all the melting between 1905 and 1920. But it appears the populations are at least in the same ballpark with ASE's I think this tends to support krispy's point - but probably only if the ASE program ended (as he said). The ASE mintage in 2008 was 20 million, and in 2009 was 30 million (largest single year mintage ever). So the mintages of ASE's are clearly on a steep rise -- and if the US runs the ASE program for another 10 to 20 years -- the total mintage of ASE's could blow the other two (old) dollar mintages out of the water. Interesting.[/QUOTE]
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Morgan/Peace Dollars as investment.
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