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Peace Dollars Versus Morgans

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robfromshasta's Avatar
United States
79 Posts
 Posted 11/01/2012  12:00 am Show Profile   Bookmark this topic Add robfromshasta to your friends list Get a Link to this Message Number of Subscribers
Well, I'm new to this forum. I collected coins as a youngster, and have now, decades later, gotten back into it. In any case, I'm picking up various Silver Dollars and Ancient Roman Coins now, as opposed to the WW2 era nickels, dimes, and quarters I used to pick up as a kid.

Well, I am discovering that I really seem to love the look of the Peace dollar over the Morgans. I don't know why, and it seems like Morgans seem to be so much more popular among collecters, but I'm thinking of concentrating on Peace dollars. Nicer conditions for an easier price is part of it, but the obverse design is so nice.

And maybe my old bronze Romans and Greeks satisfy the "classic" part of my collection that I desire too.

How do you guys feel about Peace dollars?
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basebal21's Avatar
13014 Posts
 Posted 11/01/2012  12:05 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply


All the matters is what you like better for your collection. I do believe a peace set would be easier on the wallet than the morgan set which is always a positive.

Personally I like both and hope to do a date set of both at some point but the last thing I need is to start a new set right now
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BH1964's Avatar
United States
10982 Posts
 Posted 11/01/2012  12:15 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply


I love the Peace dollar and feel the intrinsic design is every bit as beautiful as the more popular Morgan dollar.

Watch out for the dreaded milk spots the are common on Mint State Peace dollars. They resulted from a rinsing technique employed by the U.S. Mint and cannot be removed.

Enjoy!
ANA #R3154474
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robfromshasta's Avatar
United States
79 Posts
 Posted 11/01/2012  12:20 am  Show Profile   Bookmark this reply Add robfromshasta to your friends list Get a Link to this Reply
BH, tell me about "milk spots" if you have a moment. That's new to me.
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muddler's Avatar
United States
7194 Posts
 Posted 11/01/2012  12:25 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
I prefer Peace dollars to Morgans. The set is smaller and achievable but the low relief can result in poorly struck coins. Are you looking for a MS set?
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robfromshasta's Avatar
United States
79 Posts
 Posted 11/01/2012  12:30 am  Show Profile   Bookmark this reply Add robfromshasta to your friends list Get a Link to this Reply
muddler,

An MS set is definitly my goal. I don't know how long it will take, since I pick one up every other paycheck or so, but that is where I want to end up, that's for sure!
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Tjmcman's Avatar
United States
225 Posts
 Posted 11/01/2012  12:34 am  Show Profile   Bookmark this reply Add Tjmcman to your friends list Get a Link to this Reply
it is hard for me to quantify my feeling between the two because of what I'm thinking are the pitfalls of the Morgan collection.

I'm new being serious about numismatics, but when I look at almost any coin, I get a feel for the history of the object....the timeliness, I think I'm trying to say.

With the Morgans though, I've come up against so many possibilities of preservation that I can't take a look and get a feel if I'm looking at something authentic or something that has been messed with...

Part of this is that there are a lot of really nice Morgans out there....but there are also a lot of buffed, dipped, whizzed, heat treated Morgans out there....

I guess I am just intimidated... but I find myself looking closer at other denominations from a first glance than I do a Morgan....

Enjoy your reacquired past time...its a wonderful hobby...
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muddler's Avatar
United States
7194 Posts
 Posted 11/01/2012  12:48 am  Show Profile   Bookmark this reply Add muddler to your friends list Get a Link to this Reply
My Peace dollar set if from 30 years ago when I was into filling holes verses getting quality, I still need the 1928. Are you going to get a graded set or complete an album?
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robfromshasta's Avatar
United States
79 Posts
 Posted 11/01/2012  12:53 am  Show Profile   Bookmark this reply Add robfromshasta to your friends list Get a Link to this Reply
muddler, I think I'm going to start with a set, while looking for deals on MS and graded coins. As I progress and get a feel for the market with the couple of local dealers, I think I'll come to that decision at that time. And like you, the 1928 is going to be the special one that I will always keep my eye out for.
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basebal21's Avatar
13014 Posts
 Posted 11/01/2012  12:56 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
With the Morgans though, I've come up against so many possibilities of preservation that I can't take a look and get a feel if I'm looking at something authentic or something that has been messed with...


They can be hard to tell when you buy them raw. I actually think how well preserved they are is a downfall of the series. Theres so many nice ones the real nice ones are insanely expensive and everyone wants them since you can get a lot of them for a decent price.

Im a little weird too in that with older coins I like some wear for the history of it and to think about what the coin could have been used for and you dont get that with a lot of morgans
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robfromshasta's Avatar
United States
79 Posts
 Posted 11/01/2012  01:06 am  Show Profile   Bookmark this reply Add robfromshasta to your friends list Get a Link to this Reply
When you talk about the history of the coin and what it could have been used for, that seems to be my draw towards my other collection I'm starting of the ancient Roman and Greek coins.

That's another thing I like about Peace dollars over the Morgans. The draw of the period of the 1920's and the history of what led us from the prosperity of the Roaring Twenties into the Great Depression, which I heard stories about from my grandparents as a kid.
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BH1964's Avatar
United States
10982 Posts
 Posted 11/01/2012  01:18 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
You should have access to this page: http://www.pcgs.com/books/silver-do...ngs-009.aspx

Milk spotting is discussed near the bottom of the webpage. Once you've seen them you will not forget. A small spot or two is no big deal but some coins are covered with them, even MS64 and above. Beware!
ANA #R3154474
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basebal21's Avatar
13014 Posts
 Posted 11/01/2012  01:25 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
When you talk about the history of the coin and what it could have been used for, that seems to be my draw towards my other collection I'm starting of the ancient Roman and Greek coins.

That's another thing I like about Peace dollars over the Morgans. The draw of the period of the 1920's and the history of what led us from the prosperity of the Roaring Twenties into the Great Depression, which I heard stories about from my grandparents as a kid.


Id like to add at least 1 Roman and a Colonial to my collection as well but the right ones havent come along. Like you I really do enjoy the history of the coins. I like the 1800s aspects of Morgans and there were very significant things that happened but they miss the huge dates like the civil war or WWI where the Peace dollars do go through the whole 20s. And you cant replace any added value to you by the stories of family members.

For my type set I'm doing I always go with war dated coins or significant dates whenever applicable. Just knowning what was going on when they were made and what they were used for adds so much appeal to me. If I were you Id go Peace dollars with that connection, you can go back and do morgans later if you want
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tomtom777's Avatar
United States
243 Posts
 Posted 11/01/2012  02:03 am  Show Profile   Bookmark this reply Add tomtom777 to your friends list Get a Link to this Reply
I wouldn't be able to choose as I like them both each for different reasons. The important thing is to have fun as I am. The Peace set is much easier, I look to complete one sometime.
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murrellington's Avatar
United States
3276 Posts
 Posted 11/01/2012  02:57 am  Show Profile   Bookmark this reply Add murrellington to your friends list Get a Link to this Reply
I am a huge fan of Peace dollars and not so much fond of Morgan dollars. I think morgans are over rated and over liked. However, that is only opinion. I just love the look of Peace dollars, and I like how the details aren't as sharp as morgans. I don't know why but I love them :) you are not alone.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 11/01/2012  03:01 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
That is the thing with collecting, everyone has their own preference of what they think is a nice looking coin. They say beauty is in the eye of the beholder, I myself think the Peace dollar is the ugliest coin ever minted in the classic series but it appeals to you. I say collect the series you like and the less collectors the better, that way you don't have the competition that the Morgan collectors have
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