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2021 Morgan And Peace Dollars. Classic Series Or Not?

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Valued Member
carlp007's Avatar
United States
476 Posts
 Posted 08/12/2021  4:08 pm  Show Profile   Bookmark this reply Add carlp007 to your friends list Get a Link to this Reply

Quote:
I will add one more thing, here. Since the 2021 set is (enormously) easy to get relative to a set of classic Morgans, having a complete set of classic Morgans will clearly remain the gold standard for collections. With that said, even though one can make that set a complete set for another $1,000 or so, I don't think it will be technically complete until the collector actually does. In practice, however, it won't actually matter, as pretty much anyone can get the new Morgans--yet getting a set of old Morgans is a Sisyphean task at best.

You made me look up the word Sisyphean. I don't know if I would phrase the 2021 set enormously easy to get. Only the 1893-S, and 1894 Morgans have lower mintages that the 2021 Morgans. Meaning there are more older Morgans out there for collections than the 2021 Morgans. I have read many posts of people who did not get a complete 2021 set and probably not get a complete set because of cost.

I agree that a classic Morgan set is attainable by throwing enough money at it. I would argue it would take more than 1K. The dilemma is most of us don't have the money to throw at it.
Valued Member
msl2196's Avatar
United States
124 Posts
 Posted 08/12/2021  11:14 pm  Show Profile   Bookmark this reply Add msl2196 to your friends list Get a Link to this Reply

Quote:
I agree that a classic Morgan set is attainable by throwing enough money at it. I would argue it would take more than 1K. The dilemma is most of us don't have the money to throw at it.


I meant here that you can probably get just the 2021 set for somewhere on the order of $1,000 (to $1,500ish). A classic set is going to be much more expensive, even in melt value alone.

The point I was making here is that buying a new Morgan set (even on the secondary market) would be essentially pocket change for anyone who can afford a complete set of old Morgans. (I, alas, am not one of those people... )

So, in other words, if someone did actually have a set of Morgans that was complete before these new ones were released (i.e. the group that theoretically benefits most from the community and/or grading companies deciding "no continuation"), it probably wouldn't break that person's bank account to buy 5 more new coins in order to keep the set complete.
Edited by msl2196
08/12/2021 11:29 pm
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