Posted on 03/18/2021 8:05:03 PM PDT by simpson96
The United State Mint unveiled designs for the 2021 Morgan and Peace centennial silver dollars. They also revealed where they will be made and how many mint and privy marks will be used.
Authorized under Public Law 116-286, the 1921 Silver Dollar Coin Anniversary Act, the U.S. Mint will strike the silver dollars in recognition of the 100th anniversary in 2021 of the production transition from Morgan dollars to Peace dollars.
Mint staff were able to develop the 2021 designs by scanning old assets, including Morgan and Peace dollars, hubs, plasters, and galvanos. The finest scanned components were digitally mapped and pieced together to create the design renditions.
Coin inscriptions will match the older, iconic dollars with an exception of the year of minting.
The Mint’s intent is to use the .999 fine silver planchets that they strike for commemorative dollars as those will produce coins to the same weight, thickness and diameter of the original dollars.
(Excerpt) Read more at coinnews.net ...
Bttt
Morgans, though, are beautiful.
Silver proofs are about 3x the spot price. I would expect these to fall into that group. Of course the mint has been on a tear of “woke” coins lately. I doubt if they are selling like hot cakes. Lol.
That's okay. My practice has been buy high, sell cheap.
Oh not saying they aren’t worth SOMEthing, but they’re “manufactured”, and often serious collectors aren’t into things made to be, essentially, commemorative medals as opposed to real money.
LOL this always brings to mind my mother’s story, whenever Morgans come up.
Her grandparents had died in the late ‘40s, and the family collected bank bags of silver dollars - probably all Morgans - that they had stashed around the house. Bank bags. But the dozens.
My mother had access to them and used them to buy lunch at her Catholic high school (our son goes there now, for lower grades). The nuns felt queasy about it, as they would frequently admonish her “don’t you want to keep this for yourself?” “No, we have lots and I want to use them to buy!”
So, basically she gave away just about all of those dollars.
She regrets it still - and so do I!!! GGgrrrr!
My parents had stashes of silver dollars they brought back from Las Vegas, which was the only place were silver dollars were still being used in commerce (often slot machines). Anyway, I remember as a kid taking one and buying a triple scoop ice cream cone with it. Cost all of 15¢! Don’t remember if the top scoop fell off—they often did.
When my mom died, there were still a a couple of hundred of them left. Not rarities, most pretty much bullion value.
LOL. Or buy and hold forever. Gain looks good on paper ....
Yes, most of them undoubtedly regular Morgans. But they are highly beloved series and any regular dollar brings a decent price well over face value.
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