Not So "common" 1879-S Morgans

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Author	Replies: 21 / Views: 3,795	Page: of 2

spru Bedrock of the Community United States 12477 Posts	Posted 10/01/2018 10:16 pm I couldn't help any, but this has been nice to read. In Memory of Crazyb0 12-26-1951 to 7-27-2020 In Memory of Tootallious 3-31-1964 to 4-15-2020 In Memory of T-BOP 10-12-1949 to 1-19-2024 Report this Post to the Staff
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 10/04/2018 7:15 pm This PCGS webpage on the 1879-S Reverse of 1878 (aka: Second Reverse) is worth taking the time to read. I hadn't seen it before today, and it contradicts my analysis, maintaining that an older estimate of 120,000 struck might in fact be too high. It also contains interesting information regarding those of these that came from the Redfield hoard. See: https://www.PCGS.com/books/silver-d...ngs-030.aspx Colligo ergo sum Report this Post to the Staff
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 10/16/2018 6:04 pm I continue to research this variety, particularly with respect to estimates as to mintage, without success. Here's NGC's webpage, which compares poorly with PCGS's. It boldly states that a "small number" were struck, which is hardly helpful. It's at least useful for its breakdown of NGC's certified population. In the auction results section, I note that a PCGS MS61 specimen sold for $70 17 years ago. That would seem to have been a pretty good investment, particularly since one could speculate that if it were cracked out and resubmitted, with today's looser, "market" grading standards, it might well come back as a 62 or even a 63. See: https://www.NGCcoin.com/coin-explor...coinid-77206 Colligo ergo sum Report this Post to the Staff
Lucky Cuss Pillar of the Community United States 4883 Posts	Posted 03/03/2019 12:19 am I'm reviving this topic because on Rick Tomaska's Saturday evening television show, he was offering some 1879-S Reverse of 1878's. In his presentation, he averred that less than 100,000 were produced and that Michael "Miles" Standish concurred with this estimate. He went on to say that he personally thought that between 50,000 and 75,000 might be a realistic figure. More concretely, he divulged that his group of 35 were recovered from two original 1879-S mint bags he'd acquired. Now 35 out of 2,000 works out to 1.75%. If that rate was for the sake of argument taken to be representative and then applied to the total 1879-S mintage, that would yield a quantity of 159,425 of the Reverse of 1878 being struck. Just additional opinions and another imprecise calculation to muddy the waters even further.... Colligo ergo sum Edited by Lucky Cuss 03/03/2019 12:41 am Report this Post to the Staff
JJuliano Pillar of the Community United States 705 Posts	Posted 03/03/2019 06:21 am Just came across this. Nice pick ups Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 03/03/2019 09:22 am Buy them both. Report this Post to the Staff
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