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Total Number Of Morgans Minted?

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jpsned's Avatar
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 Posted 07/15/2018  7:34 pm Show Profile   Bookmark this topic Add jpsned to your friends list Get a Link to this Message Number of Subscribers
Just wondering if anyone has a handle on the total number of Morgans minted between 1878 and 1921?
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basebal21's Avatar
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 Posted 07/15/2018  7:38 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
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BStrauss3's Avatar
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 Posted 07/15/2018  7:56 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
You need to subtract the amount melted and loaned to the UK.

The 21 Morgans, and 21 and several additional years Peace dollars were reminting the returned silver.
-----Burton
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BigSilver's Avatar
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 Posted 07/15/2018  8:01 pm  Show Profile   Bookmark this reply Add BigSilver to your friends list Get a Link to this Reply
Using the link that basebal21 provided, you will come to a sum of
656,930,590 !!
an additional 23,500 approx. if you count proofs.
That is a lot of coins!
If laid side by side would stretch 15,553 MILES.
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BStrauss3's Avatar
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 Posted 07/15/2018  9:07 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
If you exclude the 21 P/D/S from BigSilver's #, you get 570,200,590

In terms of survival, you need to exclude about 270,000,000 that were melted in 1918.

https://coinweek.com/education/morg...pittman-act/

-----Burton
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basebal21's Avatar
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 Posted 07/15/2018  9:24 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Pretty easy to see why there's always a dump truck full of them at shows with the math laid out.
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Conder101's Avatar
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 Posted 07/16/2018  07:55 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Especially when you consider that the silver dollars were not a popular circulation coin so most of those coins that didn't get melted by the Pitman Act sat in Treasury vaults until the late 1950's early 1960's so most of them still exist in MS.
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Tnvol's Avatar
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 Posted 07/16/2018  08:47 am  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply
Help me understand why the rare ones, like the 93 S, have pages after pages on ebay.
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jmwilson's Avatar
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 Posted 07/16/2018  11:45 am  Show Profile   Bookmark this reply Add jmwilson to your friends list Get a Link to this Reply
Well, I checked "pages after pages on ebay" ... and it depends on how many coins you select to be listed on each page (on the bottom right after you scroll down all the way). I could list only one page at 200 listings per page. When I changed to 25 listings per page ... I managed to get to 5 pages (appears to be 120 coins). Anyway, that's either a few pages or one page ... but "pages and pages" sounds like something I'd use when describing an 1881-s Morgan dollar.

I'm sure you can find more at other sites.

According to NGC, there were 100,000 1893-S Morgan dollars minted.

So, ebay has 0.12% of the minted 1893-S Morgan dollars listed. If I recall correctly, several denominations of coins suffered from low mintage around that time. I suspect people were pretty good about hanging onto them. Unfortunately, they didn't do a very good job.


Does that help?

Wait ... I changed my search words and got it up to 129.
So, that's 0.129% of all minted 1893-S Morgans!

Edited by jmwilson
07/16/2018 11:58 am
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 Posted 07/16/2018  1:15 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply

Quote:
If laid side by side would stretch 15,553 MILES.

This total does not include wear.
And is anyone adding in the ones made in China?
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Tnvol's Avatar
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 Posted 07/16/2018  5:20 pm  Show Profile   Bookmark this reply Add Tnvol to your friends list Get a Link to this Reply

Quote:
Does that help?


Yes, when you put it into percentages that way doesn't seem like that many. When I came across the 93 S and started learning about it, I wasn't expecting to see that many for sale I guess, thinking they were already in collectors possessions.
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jpsned's Avatar
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 Posted 07/16/2018  5:58 pm  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
I'd love to swim in a river full of Morgans! (Or at least bathe in it.)
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oriole's Avatar
Canada
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 Posted 07/16/2018  6:09 pm  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
Remember that a lot have been destroyed, aside from the official remelting. Plus, many left the country. I would not be surprised if there were a million in Canada.
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basebal21's Avatar
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 Posted 07/16/2018  6:19 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Help me understand why the rare ones, like the 93 S, have pages after pages on ebay.


Because there are no actually rare business strike morgans. There are grad rarities and rare VAMs ect but none of them are actually rare.
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Coinfrog's Avatar
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 Posted 07/16/2018  6:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Right - not rare in an absolute sense, but expensive because of a huge collector base.
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sel_69l's Avatar
Australia
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 Posted 07/16/2018  7:30 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Scrooge Mc Duck would know the exact number minted,
and what proportion of that number would be stored in his Money Bin.
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