Posted 08/24/2016 10:46 am
I love silver dollars so I will bite on this one but my answer is long. This could be an interesting discussion. I am going to say the 1947 Maple Leaf.
With 21,135 minted, the ML trends at $450 in MS60 as an example. The 1948 was issued with 18,780 coins and it trends same condition for $1800. The '47 ML had about 13% more coins issued yet the '48 sells for four times more, not 13% more. The 1945 had an issue of 38,391 and trends in MS60 at $400. The 1945 had 82% more coins issued than the '47ML (that is almost double the mintage). So you'd think a 1947 Maple Leaf would be worth almost double a 1945. The '45 is $400, the ML is $450 in MS60. The Maple Leaf is nowhere close to double. It would have to trend at close to $800 to be almost double.
Now don't get me wrong, I am not saying the 1947 Maple Leaf is cheap, I am just saying you'd think it could be higher. I will try to explain why I think it is not as high as you'd think. The simple answer is the typical supply and demand response which is always or almost always true. Some people might own a '47 Blunt or Pointed or even both and then say "I have a '47 so I don't want/don't need/cannot afford a 1947 Maple Leaf." So it gets passed by.
The amusing thing to me it that many of those same people will never own a 1948 (expensive) but if they bought a 1947 ML they would have a 1948 coin (we all know why the '47 ML was put out in 1948).
If anybody is still reading at this point I will add a word about the Arnpriors. I saw prices in a Charton 1962 catalogue recently and back then the '50 Arnprior was almost seven times the regular 1950 in uncirculated. For the 1955 it was almost eight times more. I did not see a listing for 1951 - maybe not yet discovered. Today the 1950 and 1955 Arnpriors are running at around double the regular issue. Not seven or eight times higher. Why? Either since 1962 many people do not put a high priority on the Arnpriors or it was discovered that there are more of them out there than was originally thought back in the early 1960s. I do see though, that today the 1951 Arnprior is running at about a ten times premium.
With 21,135 minted, the ML trends at $450 in MS60 as an example. The 1948 was issued with 18,780 coins and it trends same condition for $1800. The '47 ML had about 13% more coins issued yet the '48 sells for four times more, not 13% more. The 1945 had an issue of 38,391 and trends in MS60 at $400. The 1945 had 82% more coins issued than the '47ML (that is almost double the mintage). So you'd think a 1947 Maple Leaf would be worth almost double a 1945. The '45 is $400, the ML is $450 in MS60. The Maple Leaf is nowhere close to double. It would have to trend at close to $800 to be almost double.
Now don't get me wrong, I am not saying the 1947 Maple Leaf is cheap, I am just saying you'd think it could be higher. I will try to explain why I think it is not as high as you'd think. The simple answer is the typical supply and demand response which is always or almost always true. Some people might own a '47 Blunt or Pointed or even both and then say "I have a '47 so I don't want/don't need/cannot afford a 1947 Maple Leaf." So it gets passed by.
The amusing thing to me it that many of those same people will never own a 1948 (expensive) but if they bought a 1947 ML they would have a 1948 coin (we all know why the '47 ML was put out in 1948).
If anybody is still reading at this point I will add a word about the Arnpriors. I saw prices in a Charton 1962 catalogue recently and back then the '50 Arnprior was almost seven times the regular 1950 in uncirculated. For the 1955 it was almost eight times more. I did not see a listing for 1951 - maybe not yet discovered. Today the 1950 and 1955 Arnpriors are running at around double the regular issue. Not seven or eight times higher. Why? Either since 1962 many people do not put a high priority on the Arnpriors or it was discovered that there are more of them out there than was originally thought back in the early 1960s. I do see though, that today the 1951 Arnprior is running at about a ten times premium.
Edited by punman
08/24/2016 7:01 pm
08/24/2016 7:01 pm
