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Posted 06/19/2013 9:52 pm
Overall quality of the striking for individual years has some effect on classic coins' MS67 populations, but not as much as the "saved-from-circulation-when-new" rate.
Possibly the best example to prove this: The 1884-S Morgan dollar. Generally well-struck. Common-date priced up to VF grades.
Time to check NumisMedia again.
1884-CC, MS66 = $940
(actually, this is an excellent price for a coin where 85% of the mintage was never circulated, and later sold by the GSA to collectors)
1884-S, MS66 = $406,250
Several years of common-in-circulated-grades "O" Morgans beat this price in MS66, but strike quality factors there. If 1884-S Morgans had been saved in large quantities when new, there would be a higher percentage of MS66 examples than for those New Orleans coins.
And the 1901 Philadelphia Morgan is $456,250 in MS66...
Possibly the best example to prove this: The 1884-S Morgan dollar. Generally well-struck. Common-date priced up to VF grades.
Time to check NumisMedia again.
1884-CC, MS66 = $940
(actually, this is an excellent price for a coin where 85% of the mintage was never circulated, and later sold by the GSA to collectors)
1884-S, MS66 = $406,250
Several years of common-in-circulated-grades "O" Morgans beat this price in MS66, but strike quality factors there. If 1884-S Morgans had been saved in large quantities when new, there would be a higher percentage of MS66 examples than for those New Orleans coins.
And the 1901 Philadelphia Morgan is $456,250 in MS66...
Edited by DNA
06/19/2013 10:11 pm
06/19/2013 10:11 pm
