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<p>[QUOTE="John Burgess, post: 7409758, member: 105098"]<a href="https://www.usmint.gov/news/ccac-meetings/2021-morgan-and-peace-silver-dollar-coins" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.usmint.gov/news/ccac-meetings/2021-morgan-and-peace-silver-dollar-coins" rel="nofollow">https://www.usmint.gov/news/ccac-meetings/2021-morgan-and-peace-silver-dollar-coins</a></p><p><br /></p><p><a href="https://www.congress.gov/bill/116th-congress/house-bill/6192/text" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.congress.gov/bill/116th-congress/house-bill/6192/text" rel="nofollow">https://www.congress.gov/bill/116th-congress/house-bill/6192/text</a></p><p><br /></p><p>We also know the CC and the O are "privy marks", the S and the D are Mintmarks, and the Morgan and Peace dollar are P mint without marks. We do not know what the finishes will be, or the mintages, but from the legislation, any finish is "on the table" because none are "off the table".</p><p><br /></p><p>as far as the legislation:</p><p>"each of which shall--</p><p> (1) weigh 26.73 grams;</p><p> (2) have a diameter of 1.500 inches;</p><p> (3) contain not less than 90 percent silver; and</p><p> (4) have a reeded edge."</p><p><br /></p><p>I think yes, they could go thinner and do .999 silver, but most likely they will do them in 90% and keep the thickness I'd think. if they go.999 the only option left open is to reduce the thickness though.</p><p><br /></p><p>Next "(a) Sale Price.--The coins issued under this Act shall be sold by</p><p>the Secretary at a price equal to the sum of--</p><p> (1) the face value of the coins; and</p><p> (2) the cost of designing and issuing the coins (including</p><p> labor, materials, dies, use of machinery, overhead expenses,</p><p> marketing, and shipping)."</p><p> (b) Bulk Sales.--The Secretary may make bulk sales of the coins</p><p>issued under this Act at a reasonable discount."</p><p><br /></p><p>There is nothing in the legislation about mintages. They can make as many as they like I believe.</p><p><br /></p><p>Ok, Now as far as the mint website, this is a heads up there will be 6 releases. They don't tell you composition, or finish, or mintages. But count on these being $100 each to be on the safe side I think, maybe more even though, if you want all 6 then you need to have at least $600 available for it. For now it is a good time to decide which one, or ones you want, or can live without and wait for more info to be released and save up.</p><p> Dollar sized commems are around $80, Silver proof eagles $73, Privy marked silver eagle last year was $83, uncirculated (burnished) eagle was $67. if it's $83 and $10 for the museum or something... yeah. it could get to or beyond the $100. but I think planning for $100 each is reasonable to do at this point and use the time we have to get it in order before May 24th.</p><p><br /></p><p>Aim for $100 each, even if they tack on $5 or $10 for fund raisers, you should be in the ballpark and not fall short.</p><p><br /></p><p>I think they could go either way on mintages, but the thing I know is the legislation doesn't limit them and they can start selling them whenever they are ready and sell them through the end of the year.</p><p><br /></p><p>For all I know, they made the proof set switch to .999 silver in anticipation of this and freeing up the .900 from the supplier for this exact thing and intend to go all out on them.[/QUOTE]</p><p><br /></p>
[QUOTE="John Burgess, post: 7409758, member: 105098"][URL]https://www.usmint.gov/news/ccac-meetings/2021-morgan-and-peace-silver-dollar-coins[/URL] [URL]https://www.congress.gov/bill/116th-congress/house-bill/6192/text[/URL] We also know the CC and the O are "privy marks", the S and the D are Mintmarks, and the Morgan and Peace dollar are P mint without marks. We do not know what the finishes will be, or the mintages, but from the legislation, any finish is "on the table" because none are "off the table". as far as the legislation: "each of which shall-- (1) weigh 26.73 grams; (2) have a diameter of 1.500 inches; (3) contain not less than 90 percent silver; and (4) have a reeded edge." I think yes, they could go thinner and do .999 silver, but most likely they will do them in 90% and keep the thickness I'd think. if they go.999 the only option left open is to reduce the thickness though. Next "(a) Sale Price.--The coins issued under this Act shall be sold by the Secretary at a price equal to the sum of-- (1) the face value of the coins; and (2) the cost of designing and issuing the coins (including labor, materials, dies, use of machinery, overhead expenses, marketing, and shipping)." (b) Bulk Sales.--The Secretary may make bulk sales of the coins issued under this Act at a reasonable discount." There is nothing in the legislation about mintages. They can make as many as they like I believe. Ok, Now as far as the mint website, this is a heads up there will be 6 releases. They don't tell you composition, or finish, or mintages. But count on these being $100 each to be on the safe side I think, maybe more even though, if you want all 6 then you need to have at least $600 available for it. For now it is a good time to decide which one, or ones you want, or can live without and wait for more info to be released and save up. Dollar sized commems are around $80, Silver proof eagles $73, Privy marked silver eagle last year was $83, uncirculated (burnished) eagle was $67. if it's $83 and $10 for the museum or something... yeah. it could get to or beyond the $100. but I think planning for $100 each is reasonable to do at this point and use the time we have to get it in order before May 24th. Aim for $100 each, even if they tack on $5 or $10 for fund raisers, you should be in the ballpark and not fall short. I think they could go either way on mintages, but the thing I know is the legislation doesn't limit them and they can start selling them whenever they are ready and sell them through the end of the year. For all I know, they made the proof set switch to .999 silver in anticipation of this and freeing up the .900 from the supplier for this exact thing and intend to go all out on them.[/QUOTE]
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US Mint Announces 2021 Peace & Morgan Release Dates
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