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Why are MS Barber halves so expensive?
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<p>[QUOTE="Detecto92, post: 1413734, member: 75105"]I don't really know what you mean by "better deal".</p><p><br /></p><p>A better deal as in which will be worth more in 50 years? I cannot say for certain. Some may argue that they are underpriced. Some common years like 1900 only have around 268 slabbed by NGC. Whereas there are over 26,000 NGC slabbed morgan dollars on year 1900, P mint alone.</p><p><br /></p><p>There are ONLY <b>9</b> 1900 P MS-64 Barber Halves slabbed by NGC. Out of the 4.7 MILLION barber halves minted in year 1900, at the P mint, only 9 exist by NGC @ MS-64.</p><p><br /></p><p>MS-61 is not the best grade. 2.99 Million Barber halves were minted year 1904. Only <b>12</b> in MS-61 Grade slabbed by NGC.</p><p><br /></p><p><br /></p><p><br /></p><p>Let's compare...</p><p><br /></p><p><b>12,841 1900-P Morgan Dollars</b> graded MS64 by NGC.</p><p><b>9 1900-P Barber halves </b>graded MS64 by NGC.</p><p><br /></p><p>So, is the Barber Half a "good deal" as far as getting a coin that has a really low population in MS grades? Yes.</p><p><br /></p><p>But...for those who do not have much money, or they want to "impress" people with a bunch of large, old silver coins in high grade, than the Morgan Dollar is a good deal. It all boils down to how much money you have, and what you want to do with it.</p><p><br /></p><p>It would cost $5000-$6500 to have about 10 MS Barber halves. For 5000 dollars you could have around 100 MS Morgan Dollars.</p><p><br /></p><p>So the choice is...do you want quantity, or quality?</p><p><br /></p><p>If I were a "rich man" then I would be collecting as many MS barber halves I could get my hands on. I do think they are undervalued, but that's just my opinion.[/QUOTE]</p><p><br /></p>
[QUOTE="Detecto92, post: 1413734, member: 75105"]I don't really know what you mean by "better deal". A better deal as in which will be worth more in 50 years? I cannot say for certain. Some may argue that they are underpriced. Some common years like 1900 only have around 268 slabbed by NGC. Whereas there are over 26,000 NGC slabbed morgan dollars on year 1900, P mint alone. There are ONLY [B]9[/B] 1900 P MS-64 Barber Halves slabbed by NGC. Out of the 4.7 MILLION barber halves minted in year 1900, at the P mint, only 9 exist by NGC @ MS-64. MS-61 is not the best grade. 2.99 Million Barber halves were minted year 1904. Only [B]12[/B] in MS-61 Grade slabbed by NGC. Let's compare... [B]12,841 1900-P Morgan Dollars[/B] graded MS64 by NGC. [B]9 1900-P Barber halves [/B]graded MS64 by NGC. So, is the Barber Half a "good deal" as far as getting a coin that has a really low population in MS grades? Yes. But...for those who do not have much money, or they want to "impress" people with a bunch of large, old silver coins in high grade, than the Morgan Dollar is a good deal. It all boils down to how much money you have, and what you want to do with it. It would cost $5000-$6500 to have about 10 MS Barber halves. For 5000 dollars you could have around 100 MS Morgan Dollars. So the choice is...do you want quantity, or quality? If I were a "rich man" then I would be collecting as many MS barber halves I could get my hands on. I do think they are undervalued, but that's just my opinion.[/QUOTE]
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