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 Replies: 32 / Views: 4,029 |
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Valued Member
United States
465 Posts |
Will you consider the new Morgan and Peace dollars a continuation of the classic series or something completely new? Why or why not? *** Moved by Staff to a more appropriate forum. *** |
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Valued Member
United States
152 Posts |
Kinda both.But in another way it's like getting a fancy American Eagle.
It's also exciting that it's being made again.
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Pillar of the Community
United States
7273 Posts |
I consider it a coin and am happy the mint released it  |
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Pillar of the Community
United States
3848 Posts |
I am not considering the new Morgan and Peace dollars to be a continuation of the classic series, for a couple of reasons. First, they are made of 99.9% silver, as opposed to the usual 90% silver dollars are made of. Second, they are completely new, modern coins. They lack the historical aspect of the classic coinage. The new Morgans weren't spent in the Old West, and weren't used in casinos in Las Vegas. The old Morgans have stories to tell, while the new coins are just a representation of the classic series. I would consider these new coins to be a continuation if they had the exact specifications of the old coins. Because of the reasons stated, and for the fact they are only minting them for the 100th anniversary, I have to say that the new Morgan and Peace dollars are just modern commemoritives. Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves. |
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Pillar of the Community
United States
1484 Posts |
Not a continuation of the original series is my vote — but still nice to see them return. Why the no vote? They're not circulation issues, nor are they even intended as NIFC pieces. Unlike the originals, they are merely collectors'' pieces.
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Pillar of the Community
United States
1625 Posts |
I'd say not. I consider them to be something along the lines of the 2016 Mercury dime, Standing Liberty, and Walking Liberty gold coins. These are collector pieces, not actual circulating coinage. |
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Pillar of the Community
United States
8515 Posts |
I bought some today. Peace and Morgan.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Pillar of the Community
United States
587 Posts |
I think of them as commemorative bullion, since they may be minted in coming years as well.
Edited by bzookaj
08/11/2021 08:04 am
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Bedrock of the Community
United States
17884 Posts |
I don't really consider them a continuation. They aren't really a coin. A coin is produced with the intent that it will circulate as money. These are produced with the intent to separate a collector from his money. Of course you could say that the original Morgan and Peace dollars weren't intended to circulate either. They were made to back silver certificates, and the paper then circulated as money. Edited by Conder101
08/11/2021 10:12 am
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Pillar of the Community
United States
4233 Posts |
To me they are replicas with a current date. If somebody other than the US Mint produced them, they would be fantasy coins. I agree with the other reasons given.
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Moderator
 United States
187702 Posts |
The ways I see it, neither answer is right or wrong, ultimately it is up to the collector and whether or not they want or need these to complete their sets.
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CCF Master Historian of USA Commemoratives
United States
12256 Posts |
I don't see them as a continuation of the original series. The primary reason behind my view is the simple fact that the denomination stamped on the coin is completely symbolic (just like on modern US commemorative coins) and has no relation to the value of the silver contained in the coin - the hallmark of a true coin. These are, without question, modern replica pieces.
Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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Pillar of the Community
United States
2216 Posts |
Since the new versions are not meant for circulation, my opinion is they are not a continuation but more a tribute to the originals. They are still legal tender. It would be foolish but one could use them as dollars to buy things. Several years ago I was filling up my car and a kid came in the the gas station, bought candy bars, chips and soda with several Morgan dollars. He must have gotten into dad's stack. The teller knew what they were, was very happy to put them in his pocket and pull bills out to replace them. The honest thing to do would have been to explain to the boy what he had. As we all know, coin denomination does not necessarily equate with melt value. The Sacagawea dollar melt value is currently about eight cents, etc. Edited by livingwater
08/11/2021 5:58 pm
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Bedrock of the Community
United States
19125 Posts |
I pretty much agree with jacrispies. Imagine 50 years after the demise of the Lincoln Cent if the mint produced a Lincoln 'continuation' cent, for just one year. What would collectors think of that? |
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Valued Member
United States
473 Posts |
It doesn't matter to me. I have ordered a 2021 Morgan and a 2021 Peace dollar. Quote:I am not considering the new Morgan and Peace dollars to be a continuation of the classic series, for a couple of reasons. First, they are made of 99.9% silver, as opposed to the usual 90% silver dollars are made of. The silver content is the same. The difference is the copper content the new coins only contain 0.01% copper Quote:
Why the no vote? They're not circulation issues, nor are they even intended as NIFC pieces. Unlike the originals, they are merely collectors'' pieces. They are legal tender so they could be used to purchase goods and/or services (god forbid). They are Not Intended for Circulation. Just like 2002 Kennedy and commemorative coins are Not Intended for Circulation yet are found in circulation when searching half dollar rolls. Quote:Imagine 50 years after the demise of the Lincoln Cent if the mint produced a Lincoln 'continuation' cent, for just one year. What would collectors think of that? 17 years after the last Morgan was minted a one year 1921 Morgan was minted. What do collectors think of that? Quote:
The ways I see it, neither answer is right or wrong, ultimately it is up to the collector and whether or not they want or need these to complete their sets. I agree Edited by carlp007
08/12/2021 01:22 am
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Pillar of the Community
United States
4691 Posts |
The fact that the 2021 issues are not made for circulation and are collector pieces is true but not a valid reason that these should not be considered part of the series. Proof Morgan dollars were not made for circulation and neither were Zerbe Peace dollars and these were collector pieces and are considered part of the Morgan and Peace dollar series, so that argument goes out the window. I would consider the 2021 issues a bit of a novelty, with the Peace dollars having a stronger argument as being a continuation of the series. Don't forget that the 1921 Morgan dollars were struck from different dies than pre 1921 Morgan dollars. Edited by jimbucks
08/12/2021 04:00 am
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Replies: 32 / Views: 4,029 |
Posted 08/10/2021 8:14 pm
