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 Replies: 36 / Views: 5,533 |
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Pillar of the Community
United States
767 Posts |
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Moderator
 United States
14463 Posts |
I personally like Peace dollars, but I think Morgan dollars have more interest because of how many years they were produced (Morgans for 28 years vs Peace for 10 years), and because they have a large amount of varieties or VAMs. |
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Pillar of the Community
United States
4409 Posts |
I'm working on the circulation strike set, I have 84 out of the 95 coins. I find the challenge of a Morgan set exciting. I only lack the 1928-P Peace for a complete set of Peace dollars. -MV |
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Pillar of the Community
Canada
5417 Posts |
I personally like the Peace dollar too. However, my exception is this: AU or Lower - I prefer Morgans. AU-MS-65 - I prefer Peace dollarsMS-66-MS-68 - I prefer Morgan's My reason being, Peace dollar's don't wear well in my opinion, a worn Morgan is much more appealing than a Peace dollar. In Proof or High MS Peace dollars looks spectacular especially if they are high-relief. At the MS-66 Range though, Morgan's become mirror-like dazzling coins. It's a personal preference. I think Morgan's are more liked generally because they have a long run, more mint marks and varieties and are available much cheaper in high grades. |
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New Member
United States
2 Posts |
Actually the fact that they were only minted for 10 years makes them more attractive to me at the moment. I've bought 2 in the last 2 weeks ($23 ea)
and it's a set that I can see myself being able to afford to finish.I don't have tons of disposable income. Plus, I think they're just as pretty as Morgans.
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Pillar of the Community
United States
1531 Posts |
I prefer Morgans. I think there's more detail and more to look at. Not only that, there's so many of them, so you can get 'em in nice, high grades for relatively low prices. I can stare at a beautiful Morgan for an hour, but Peace dollars just don't captivate me as much. I think they're a bit bland, but that's just my opinion. I think it may be because they're older, too. You can get some from the 1870s to the early 1900s, but with Peace dollars, you're in the 20s and 30s. I think some people think that "older is better" and, in some cases, that may be true! It's personal preference, though. |
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New Member
United States
8 Posts |
The CC mints with the Morgans brings more value and pursuing the 1893 S,1894P Morgans are tougher to find in high grades than the 1928 and 1921 Peace.
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New Member
United States
46 Posts |
Welcome, Lanny! (That's my name, too!)
I think the whole history behind the Morgans- why they were minted, the fact that so many were stored in vaults for decades and released later, etc. adds to the interest of the Morgans.
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Pillar of the Community
United States
5855 Posts |
Just spit balling ideas here, but some of the reasons may include the following: - Morgan Dollars are generally considered more aesthetically pleasing than Peace dollars.
- Morgan Dollars are much more widely known among the general public, due to them being featured in movies, television shows, etc., and the fact that many more of them were minted.
- Morgan Dollars are widely associated with the romantic notion of the "Wild West" since they were primarily made in the late 1800s.
- Morgan Dollars are widely available in proof-like and deep mirror proof-like states, not to mention the hordes of BU examples out there.
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Pillar of the Community
United States
2077 Posts |
Peace dollars are difficult to grade. Even in high grades, the details don't look crisp.
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Pillar of the Community
United States
2797 Posts |
I think the number of key dates/mm's has something to do with the preference. The 93-S, 89-CC, 79-CC and 84-S in Unc beat the pants off the 1921 and 1928.
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Rest in Peace
United States
10625 Posts |
One thing I will add in addition to what everyone has stated thus far in support of the Morgan dollar is the obvious pride put forth in the design, die preparation and minting process. (although the New Orleans mint could be argued against) There are many proof like example Morgans as a result of the basining process used on the dies. The details of the designs are deep and crisp. The Peace dollar, while the obverse and reverse designs are nice, the crisp details are just not there. They're just way too "mushy" for me to really love like the Morgan dollar. |
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Pillar of the Community
United States
4883 Posts |
A lot of cogent reasons for the popularity of the Morgan dollar relative to the Peace dollar have already been mentioned. From a strictly numismatic standpoint, Morgans certainly constitute a broader and more nuanced field. Plus there is always the alluring possibility of finding a Morgan that's been tucked away that might be worth literally tens or even hundreds of thousands of dollars. The history is richer, too. The story of George Morgan has a mildly Dickensesque quality, the circumstances that led to the Morgan's issue, widespread melting, and 1921 reissue are fascinating, not to mention the politics behind striking them at Carson City, suspending same, and then restarting there again. Somebody mentioned the "Wild West" connection, and I concur that shouldn't be discounted. There's something to speculating that the early circulated Morgan you're now holding could've well been slipped across a slaoon counter by Wyatt Earp in Tombstone or Wild Bill Hickok in Deadwood. To sum up, the Morgan has romance, lore, and variety on its side that the Peace just can't match. Colligo ergo sum
Edited by Lucky Cuss
05/22/2014 4:56 pm
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Pillar of the Community
968 Posts |
Peace dollars are tough to grade, the strikes generally suck, and they do not have PL/DMPL examples, all of which are things I enjoy in the Morgan series. Peace dollars also have a higher percentage of stopper coins in the set, in MS. While there may be more overall stoppers in the Morgan series, putting together a set of MS65's will be a short journey without deep pockets; only 4 coins out of 24 are attainable under $500. On the contrary, 2 coins priced over $10k in 65, 6 coins priced over $5k in 65, 16 over $1k in 65... That's 67% of the set over $1k per coin.
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Pillar of the Community
United States
1304 Posts |
The Peace dollars lack the detail compared to the Morgan series, and by detail I mean the sharpness of the strike. To me Peace dollars are too mushy. I have a date set of Peace dollars though, but I didn't care all that much about grades because like others have said, they are nigh impossible to grade. I enjoy staring at my mostly MS Morgan date set a lot more. |
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Pillar of the Community
 United States
767 Posts |
I have to disagree with you guys about the eye appeal of Morgans vs that of Peace dollars. The Peace dollar is stark, bleak, and simple, while the Morgan is cluttered and toy like. I'd rather date that woman from the Peace dollar than the one from the Morgan. |
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Replies: 36 / Views: 5,533 |
Posted 05/21/2014 8:58 pm
