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Morgan Dollars Vs Peace Dollars

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jbuck's Avatar
United States
188770 Posts
 Posted 08/24/2016  2:48 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
This is Morgan, later in life, after she lost her job in 1921 and had to take any job she could to pay the bills...
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oriole's Avatar
Canada
5246 Posts
 Posted 08/24/2016  3:34 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
I like the Peace dollar design, but the design is so flat and shallow it does not stand out very well.
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cjartist's Avatar
United States
114 Posts
 Posted 08/24/2016  4:08 pm  Show Profile   Bookmark this reply Add cjartist to your friends list Get a Link to this Reply
Well between the designs themselves I prefer the Peace, especially in its original relief. It was really a big leap forward. But Peace dollars are often plagued with those "milk spots", lack any proof-like examples as you find among Morgans, and few rainbows to speak of. The Morgans have a much richer variety to them, so they're more fun to collect.
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Omegaraptor's Avatar
United States
321 Posts
 Posted 08/24/2016  4:46 pm  Show Profile   Bookmark this reply Add Omegaraptor to your friends list Get a Link to this Reply
Morgans: CCs are heavily overrated and VAM collectors make me roll my eyes, but I still like them, especially rainbow toners.
Peace dollars: Except for the 21 and 28 you can get almost any issue for melt. Also a great design.

I don't know.
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United States
1450 Posts
 Posted 08/25/2016  10:21 am  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
You can't get 1934-S that is in MS for melt nor can you get 1927-S or 27-D in AU or MS for melt. None of the Peace dollars I have seen in higher grades go for melt. Maybe the 1922 low relief. Actually I am looking at recent list for Peace dollars in MS60 and none go for melt or anywhere close to melt.
Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 08/25/2016  11:48 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
As cjartist mentioned, the largest problem with Peace dollars are finding ones that are attractive in ANY grade. For whatever reason when the Peace dollars toned, they all toned ugly or spotty or just plain yucky. Because of the very large open areas of the design elements and fields of the Peace, you really have to climb the MS ladder to find one that doesn't have bag marks prominent in those open areas.

With Morgan's there is better toning available, the design elements are complicated enough that small hits are more easily hidden (yes, except the cheek and the obverse field), and the number available in high grades make them affordable.

With the possible exception of the 22 and 23 P, it's tough to find a nice Peace for a reasonable price.

And, if you are trying to put a Peace set together, they can really, really be a tough series simply because there are so few nice looking examples (in any grade). I've been looking for a 35-S for 20 years and I've climbed up from 63 to 64 to 65 hoping to find a nice one in those higher grades, yet I still haven't found "the one".

Morgan's are great fun. Peace require more work.
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 Posted 08/26/2016  12:12 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
Putting together a set of Peace dollars is a walk in the park compared to a set of Morgans. You could theoretically put together a set of MS64 Peace dollars for between 10K and 15k. 15K won't even put a dent in an MS64 set of Morgans. I am talking a complete date/mint set. The Morgan looks 19th century and the Peace dollar looks 20th century. Peace dollars are the first set I put together and I like them in AU condition where you get a bargain compared to MS. The design is what it is for the time. The fact you can buy a 1921 Peace dollar in MS64 for about $700 makes these coins as good ones for beginners with lower budget. I think that if a young person buys any of the rare Peace of Morgan dollars and holds them they will really increase in value due to numismatic reasons.
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Afab67's Avatar
United States
156 Posts
 Posted 08/26/2016  1:34 pm  Show Profile   Bookmark this reply Add Afab67 to your friends list Get a Link to this Reply
My only problem with the Morgan is that it has such a large flat surface and is therefore easily marred by even the slightest scratch.

I have seen Morgans in the MS range that looked, to my naked eye, absolutely horrible. The eye appeal factor was zero despite the grade.
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Fathead 5's Avatar
United States
294 Posts
 Posted 08/28/2016  03:19 am  Show Profile   Bookmark this reply Add Fathead 5 to your friends list Get a Link to this Reply
I hate Morgan dollars, but I hate Peace dollars less.
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carnold744's Avatar
United States
415 Posts
 Posted 08/28/2016  11:24 pm  Show Profile   Bookmark this reply Add carnold744 to your friends list Get a Link to this Reply
I think in MS grades Peace dollars are more attractive, but Morgans look better when worn.
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PAC's Avatar
United States
130 Posts
 Posted 08/29/2016  11:17 pm  Show Profile   Bookmark this reply Add PAC to your friends list Get a Link to this Reply
I would be a much bigger fan of Peace dollars if they had more details. The obv and rev are just very mushy and devoid of much intricacies compared to Morgan dollars. That said, I like the reverse of the Peace more than the obverse of the Peace, and the reverses of the Morgan and Peace dollars are pretty close in appeal to me.
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United States
1450 Posts
 Posted 08/30/2016  3:25 pm  Show Profile   Bookmark this reply Add terry8835 to your friends list Get a Link to this Reply
I often see Morgans with this awful almost black toning. It makes them look awful but a good dip makes them look great. The ugly black or deep brown toning goes away and they look like silver coins again. The grade may be the same but appearance is 100% better. I see a lot of Peace dollars that look greyish or mottled but good dip and that disappears. No rubbing or cleaning involved. Attractiveness of the coin does go a long way even if you plan to keep them forever. I have a GSA Morgan (1884CC) and it has toning 20% of the coin and I wonder if the toning was there before it was slabbed or not?
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thq's Avatar
United States
3343 Posts
 Posted 08/31/2016  2:59 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
Lots of complaints here about Peace dollar lack of detail. The best strikes are 1924-26 Philadelphias. I bought this 1925 for melt. Sharp hair detail and a subtle jaw line setting off the face:

Morgan-Dollars-Vs-Peace-Dollars

Even with a good strike, Peace dollar detail is harder to see on the heavily touted "blast white" coins. IMO these are ugly no matter how well they are struck.
"Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
08/31/2016 3:03 pm
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 08/31/2016  10:13 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply

Quote:
I hate Morgan dollars


That's impossible. No mortal can hate the Morgan dollar. Such ideas cannot even exist in one's imagination.
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