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<p>[QUOTE=&quot;GDJMSP, post: 937636, member: 112&quot;]I would agree with this assessment. However there is something else that anyone who collects Morgans should be aware of.</p><p><br /></p><p>Morgans are arguably the second most popular coin there is after Lincoln cents. Because of this Morgans are also highly suceptible to price influences due to promotions held by large dealers. These promotions can and do have sometimes temorary and sometimes lasting effects on the price of Morgans in any grade. It depends on what grade range is being promoted at the time.</p><p><br /></p><p>Also, lower grade common date Morgans, and that includes grades up to and including MS63 &amp; MS64, are also greatly affected by the spot price of silver. Many of these lower MS grade Morgans typically sell for not much over the spot price and so as the spot price rises and falls so does the price for these coins.</p><p><br /></p><p>And Bill - you would be wise to realize that the last 10 years have also been the first bull market we have had in coins since 1989. So when looking at prices over the last 10 years you get a very atypical performance.</p><p><br /></p><p>Take a look at the graphs you find on this page - <a href="http://www.pcgs.com/coinindex/mpeace10graph.chtml" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.pcgs.com/coinindex/mpeace10graph.chtml" rel="nofollow">http://www.pcgs.com/coinindex/mpeace10graph.chtml</a>[/QUOTE]</p><p><br /></p>

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