Why The Big Price Difference Between 1947ml And 1948 Dollar?

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Author	Replies: 6 / Views: 2,006
punman Pillar of the Community Canada 849 Posts	Posted 09/27/2013 6:48 pm There were just over 10% less '48 silver dollars produced compared to '47 Maple Leaf. Yet in many grades the '48 costs 3 to 5 times more money, not just a 10-20% difference. Why would that be? Report this Post to the Staff

1945V Valued Member Canada 386 Posts	Posted 09/27/2013 7:14 pm I always wondered the same thing. I think it basically comes down to 1948 being a key date and 1947ML being perceived as a variety of 1947. I guess collectors absolutely have to have 1948, but can live without 1947ML. Report this Post to the Staff
DBM Pillar of the Community Canada 9865 Posts	Posted 09/27/2013 11:34 pm The only reason for the large price difference is that collectors are willing to pay. It's as simple as that. Desirabilty trumps rarity every time. For many years the '48 was priced about 10% higher than the '47ML "Dipping" is not considered cleaning... -from PCGS website Edited by DBM 09/28/2013 11:11 am Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5400 Posts	Posted 09/28/2013 12:22 pm You can find a nice 48 just about any day of the week. On the other hand it is a tough go finding a desirable 47 Maple leaf. There are a couple of reasons.Tthe average dollar collector collects a date set and there are three different 47s. Also most people knew that the 48 was a scarce coin from day one. All of them were made in one week in late 1948 ( December). Thus the 48 is a "story" coin and the Leaf ......well lets say ho hum! All this aside I will take a choice 1945 Silver dollar any day! Report this Post to the Staff
nickelsguy Pillar of the Community Canada 2301 Posts	Posted 09/28/2013 1:16 pm Well said Jack! Report this Post to the Staff
SilverBug Pillar of the Community Canada 862 Posts	Posted 09/28/2013 1:45 pm The winner takes it all, the lower standing small :) Report this Post to the Staff
Pacificoin Pillar of the Community Canada 5400 Posts	Posted 09/28/2013 10:05 pm TY Mike ! Keep pounding the CNTFT clowns and say hi To SGT Tony for us ! Report this Post to the Staff
	Replies: 6 / Views: 2,006

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