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Why is Morgan Dollar numismatic value dropping?
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<p>[QUOTE="Kazmer81, post: 4063673, member: 28885"]There's been alot of good conversation here. One thing that was mentioned that I read about are the hoards. There was one a year and a half ago with 16,000 that were all going to be graded. So even though 16,000 might not be that many coins, that's a significant boost in populations of the higher grades, considering these were all uncirculated. Population increases for slabbed coins definitely tends to drop the value. It's like a ship wreck that find a large amount of previously scarce gold coins.[/QUOTE]</p><p><br /></p>
[QUOTE="Kazmer81, post: 4063673, member: 28885"]There's been alot of good conversation here. One thing that was mentioned that I read about are the hoards. There was one a year and a half ago with 16,000 that were all going to be graded. So even though 16,000 might not be that many coins, that's a significant boost in populations of the higher grades, considering these were all uncirculated. Population increases for slabbed coins definitely tends to drop the value. It's like a ship wreck that find a large amount of previously scarce gold coins.[/QUOTE]
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Why is Morgan Dollar numismatic value dropping?
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