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Peace Dollars Versus Morgans

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 Posted 11/06/2012  12:29 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
First, someone offer me a truer adjective applicable to "arguing on the Internet" than the word in question here, or something similar.

But do it via email, because if it doesn't stop right here, this thread will go away.
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United States
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 Posted 11/07/2012  07:04 am  Show Profile   Bookmark this reply Add chris12018 to your friends list
This has gone way off topic. I'm glad someone is putting a stop to it.
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United States
79 Posts
 Posted 11/08/2012  10:29 pm  Show Profile   Bookmark this reply Add robfromshasta to your friends list
I am glad too, Chris. The information about the Peace dollars and Morgan dollars is valuable to me, and the input about the pros and cons of each will help guide me through my coin purchases.

I have my little cheat sheet of the Morgans and Peace dollars that are worth more than silver spot, that will help me browse through my dealers "junk silver" trays (Gosh I hate the term "junk silver") for the hidden gems that will have that numiastic base value that secures their value better than the bullion Silver Eagles (which themselves are beautiful coins too)
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Canada
815 Posts
 Posted 11/09/2012  01:46 am  Show Profile   Bookmark this reply Add Anjohl to your friends list
Hmm, I like both equally, but unless I was making mid 6 figures, I would not try to put together a Morgan run. Locally, the Morgans sell for at LEAST 1.5 times the cost of Peace dollars, even at junk grade.
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United States
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 Posted 11/11/2012  01:20 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list
I'm 50-50 on this issue Morgan versus Peace dollars? I like the obverse of the Peace dollar and the reverse of the Morgan dollar. Maybe I will shave off the obverses of my Morgans and glue them to the Peace dollars I shaved the reverses off of. That would make for an interesting collection.

Ed
ANA LM-3175
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United States
79 Posts
 Posted 11/14/2012  2:50 pm  Show Profile   Bookmark this reply Add robfromshasta to your friends list
That would be a Peaceful Morgan...
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United States
386 Posts
 Posted 11/14/2012  4:39 pm  Show Profile   Bookmark this reply Add blackjack to your friends list
I collect Morgans, but, still, the Peace dollar draws me. Liberty is a gorgeou gal. The standing eagle on the reverse is magnificent. And, yet, the coin lacks the ornateness, the attention to detail that the Morgan has. And the silver doesn't seem to show off the coins assets.
It's like comparing Rogers and Hammerstein to Hayden. (A mixed metaphor?)
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United States
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 Posted 11/14/2012  6:45 pm  Show Profile   Bookmark this reply Add 1967Canadapenny to your friends list
Lol, I like Peace dollars more, but its I like morgans too, its kind of hard for me to choose
But honestly I'll take a voyageur dollar over either of them.
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 Posted 11/14/2012  7:34 pm  Show Profile   Bookmark this reply Add hesgut to your friends list
Just wanted to jump in here and cast a vote for Peace dollars.

I don't really collect either of the two. I do have some, but they just sit in little capsules.

I find the design of the Peace dollar to be more attractive and I think many Peace dollar dates are actually under-rated as far as rarity and value, while Morgans are generally over-priced.

Morgans do offer the advantage of being the most intricate (with all the VAMs) and largest collection out there out of any series there is. Putting together a date/mintmark/ major variety series could take forever.

I currently don't have the interest, but I may as I get older. I've actually noticed that very few YNs collect Morgans and very many older statesmen do. Generation gap? I'm not young anymore, but in the Coin World, I'm probably still young.
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 Posted 11/15/2012  02:09 am  Show Profile   Bookmark this reply Add ninamason to your friends list
hesgut, if I had my guess, it's a money thing. For me, thirty bucks is a week's groceries. For some of the older folks here, thirty bucks is play money.
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United States
386 Posts
 Posted 11/15/2012  04:17 am  Show Profile   Bookmark this reply Add blackjack to your friends list
Do you mean younger people like Peace dollars and those of us, say, 50 and above, like Morgans?
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United States
79 Posts
 Posted 11/15/2012  9:29 pm  Show Profile   Bookmark this reply Add robfromshasta to your friends list
I'm thinking Peace dollars are starting to catch on though. I went to the coin shop today to purchase another one, and they were sold out. He told me a few people had come in and between them bought them all out. They had plenty of Morgans though.
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United States
386 Posts
 Posted 11/16/2012  07:01 am  Show Profile   Bookmark this reply Add blackjack to your friends list
Next time I'm at the coin shop, I'll inquire about that. I know they, too, have more Morgans. But I was assuming that's because they trade better.
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United States
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 Posted 11/16/2012  7:34 pm  Show Profile   Bookmark this reply Add tpg22 to your friends list
I'm on the Peace dollar side as well. I only buy them in EF for the silver but I always take Peace dollars over Morgans when they have them. One advantage at the LCS I go to is the PD's are always cheaper in this grade.
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United States
5155 Posts
 Posted 11/16/2012  8:02 pm  Show Profile   Bookmark this reply Add Ancientnoob to your friends list
I think all in all I prefer the Peace dollar over the Morgan dollar...I have both, I have about 15 Morgans and 4 Peace dollars (All of which I inherited accept 4 of the Morgans which I keep separate... I sent my 1921 to NGC to be graded and came back AU details...I have many of the sought after bills and walking liberty this Double eagle that..I love all of them and of all the countries and all the modern coins...the Peace dollar is the most beautiful of the lot. What troubles me about collecting these coins, is that everything, mintage, minute conditional differences, grade, forgery, and the almost zero difference in coin as time progressed as driven me far from the Modern US collection. I have always thought the same about these coins, to hold them and feel the history of years past....coins... truly timeless....Now I aggressivley buy Ancient coins, the older and more silver the better...on an end note...THE Peace dollar IS THE SHIZNIT!
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