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<p>[QUOTE="imrich, post: 801471, member: 22331"]<b>Common Date Morgans Are Less Of An Investment</b></p><p><br /></p><p><br /></p><p><br /></p><p><b>I generally agree with you, after collecting for more than 50 years. The Morgan is a beautiful coin, but there seems to be a great disparity between the various dates/mints of this coin, which seemingly defies logic. The common dates are practically the same price as they were a decade prior. The key dates are what I would consider unreasonably expensive relative to a much lower mintage $20 Gold double eagle. In collecting coin sets, I skipped over dollars, to collect double eagles. Collectors have a seemingly strange attraction to this relatively lighter piece of Silver that can grossly oxidize, than collect a heavier, lower mintage, beautiful Gold coin. You could buy a 1889cc mint state double eagle, having a mintage less than a tenth of the same date/condition dollar, for less than half the price. The "key" 1908-S mint state double eagle has a mintage of only 22,000 coins, and could be purchased for less than half the cost for a 350,000 mintage mint state 1889cc dollar. I believe you'll find that "junk silver" and 1Oz. rounds are a better investment from both a liquidation and diversity view-point. Just an "old collectors" opinion, that is worth at least what you paid. </b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="imrich, post: 801471, member: 22331"][b]Common Date Morgans Are Less Of An Investment[/b] [B]I generally agree with you, after collecting for more than 50 years. The Morgan is a beautiful coin, but there seems to be a great disparity between the various dates/mints of this coin, which seemingly defies logic. The common dates are practically the same price as they were a decade prior. The key dates are what I would consider unreasonably expensive relative to a much lower mintage $20 Gold double eagle. In collecting coin sets, I skipped over dollars, to collect double eagles. Collectors have a seemingly strange attraction to this relatively lighter piece of Silver that can grossly oxidize, than collect a heavier, lower mintage, beautiful Gold coin. You could buy a 1889cc mint state double eagle, having a mintage less than a tenth of the same date/condition dollar, for less than half the price. The "key" 1908-S mint state double eagle has a mintage of only 22,000 coins, and could be purchased for less than half the cost for a 350,000 mintage mint state 1889cc dollar. I believe you'll find that "junk silver" and 1Oz. rounds are a better investment from both a liquidation and diversity view-point. Just an "old collectors" opinion, that is worth at least what you paid. [/B]:)[/QUOTE]
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