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Morgan & Peace Dollars / Prices Vs. Value Statements On Various Websites

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Valued Member
Germany
312 Posts
 Posted 07/16/2022  4:02 pm  Show Profile   Bookmark this reply Add HP2001PH to your friends list
BU = Lower MS grades, right? 30$ Could you point me to your sources for that?

All I can find is mostly about double that value with some exceptions like Morgan 1921 or Peace 1922/23. But even those are closer to 40€ than 30€.
Edited by HP2001PH
07/16/2022 4:03 pm
Pillar of the Community
United States
4471 Posts
 Posted 07/16/2022  4:21 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list
I just did a price check on ebay for a Morgan 1881 S BU a very common date. An actual BU is selling for around $65. Some listed as BU sold for under $50, but the coin was clearly circulated.

BU - Brilliant Uncirculated
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 Posted 07/16/2022  11:53 pm  Show Profile   Bookmark this reply Add captainmandrake1 to your friends list

Quote:
All I can find is mostly about double that value with some exceptions like Morgan 1921 or Peace 1922/23. But even those are closer to 40€ than 30€.

That's true, sorry. It's only the 21s that go for about 40. The rest are indeed higher!! My mistake.
Valued Member
United States
162 Posts
 Posted 07/17/2022  02:20 am  Show Profile   Bookmark this reply Add Skeletonwizard8 to your friends list
ebay sold listings are a good place to start but many people overpay. Usually a true unc Morgan, common date, will run at least 50-60$.
Valued Member
Germany
312 Posts
 Posted 07/18/2022  12:44 pm  Show Profile   Bookmark this reply Add HP2001PH to your friends list
Thank you all for your valuable input.
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5192 Posts
 Posted 07/18/2022  12:49 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
Peace dollars - and to a lesser extend Morgan dollars - are in a massive price bubble right now. I wouldn't buy at the moment if I were you.
Let it come down to earth first, then choose your coins wisely.
Valued Member
Germany
312 Posts
 Posted 07/18/2022  1:13 pm  Show Profile   Bookmark this reply Add HP2001PH to your friends list
You think?

In a time of falling silver prices, looming recession and high inflation there is a bubble for historic coins?

I'd never thought that.
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 Posted 07/18/2022  1:39 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list
Here is the PCGS 3000 coin index for the Morgan & Peace dollar price history for the past 50 years:

Morgan-&-Peace-Dollars-/-Prices-Vs.-Value-Statements-On-Various-Websites
Edited by Slider23
07/18/2022 1:41 pm
Valued Member
Germany
312 Posts
 Posted 07/18/2022  1:46 pm  Show Profile   Bookmark this reply Add HP2001PH to your friends list
Looks like there was a huge bubble 30+ years ago!!

Now, not so much.

Thanks for sharing the graph.
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 Posted 07/18/2022  2:03 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list
Peace dollar Price bubble.

Morgan-&-Peace-Dollars-/-Prices-Vs.-Value-Statements-On-Various-Websites
Valued Member
Germany
312 Posts
 Posted 07/18/2022  2:24 pm  Show Profile   Bookmark this reply Add HP2001PH to your friends list
Is this a general trend for the PD though, or just an aberration for the one coin you selected (which is the by a large margin scarcest and most coveted Peace dollar)?
Edited by HP2001PH
07/18/2022 2:25 pm
Pillar of the Community
United States
4471 Posts
 Posted 07/18/2022  2:37 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list
Ed,

The Peace dollar chart appears to be for the 1921 Peace dollar MS64, I agree that coin is in a bubble.
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United States
109 Posts
 Posted 07/20/2022  10:58 am  Show Profile   Bookmark this reply Add winterhawk to your friends list
My father was stationed in GE 3rd Inf. Div. and I started school in Kitzingen GE in 1964 and learned German so well that my parents dragged me around as interpreter. Can only remember how to count to 30, forgotten everything else.

What you don't use you lose!


Quote:
BU = Lower MS grades, right? 30$ Could you point me to your sources for that?

All I can find is mostly about double that value with some exceptions like Morgan 1921 or Peace 1922/23. But even those are closer to 40€ than 30€.


My local dealer used these grades and most ebay sellers do as well for uncirculated raw coins. You might check into Proxibid too, there seem to be a lot of shill bidders on these auctions though.

Unc (MS60), Unc+ (MS 61 or 62), Choice Unc (MS63), BU or Briliant Uncirculated (MS64) Gem BU was just better than MS64. Superb is better than MS65


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United States
152 Posts
 Posted 07/20/2022  8:03 pm  Show Profile   Bookmark this reply Add FlyingTiger to your friends list
I'm not to sure about MS Morgan's being $30 to $60.I would say most are $60to $120.That sounds more like AU prices.I'm at the point now I'm getting really close to finishing my set. I need around a dozen or so more coins that are more like $500 to $1000 each and that's not even mint state coins for all of them.I could find some low grade fillers cheaper I guess but you have to be happy with your purchase.Money seems tough to come by right now and I'm at a block wall as far as Morgan Purchases go.For now it could be just 1 or 2 Morgans a year or none at all.I wish I had purchased them 25 years ago.
Edited by FlyingTiger
07/20/2022 8:51 pm
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 Posted 07/21/2022  01:36 am  Show Profile   Bookmark this reply Add JTCC to your friends list
I agree, ebay sold listings would be a good start.
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