Silver Dollars... Morgan or Peace??

[ximmy]

Why do peeps prefer Morgans to Peace silver dollars? They have the same amount of silver in them.

I have some of each but am thinking of acquiring more... Just for fix and giggles...:p

any thoughts?

peace eagle (closed wing)
http://bullion.nwtmint.com/images/peace_rev.jpg

war eagle (open wing)
http://bullion.nwtmint.com/images/morgan_rev.jpg

[jimswift]

Morgan seem kinda sexy to me, idunno.

1690

[Sparky]

It could be that the Morgans date back to the Old West, so they have a much more historic mystique about them. That's what I always think about when I compare the two. My impression is that they were also more the mainstream currency and did not compete with paper money as much compared to when the Peace Dollar was issued (starting in 1921).

[steyr_m]

I dunno, I kinda like that classic 19th Cent design. -- Morgan

[palani]

Peace silver dollars were minted under the Pittman Act of 1918. The British government was acting in the interests of the Indian government to control the U.S. price of silver.

http://docs.google.com/viewer?a=v&q=cache:gTRdpUtcnwgJ:cowles.econ.yale.edu/P/cm/m04/m04-17.pdf+pittman+act&hl=en&gl=us&pid=bl&srcid=ADGEESg62hLXoqrMQ27IcZu-VTg7WK7X80STTs8vvyNp-babCR_2dt80FmPlEFWfSw2n4yV1Dz7qevBBzDUlQJu7feej8J5 gjBVBXAQBBACiqh740GZkGKA2VvtzBqJs1V4zIForaSFC&sig=AHIEtbRmsm-axsctdnd4DlEfZxO4NkKooA

Given this information the Morgan is preferred over the Peace any day of the week.

[Silver Rocket Bitches!]

I like em both for their silver but historically speaking, the Morgan was around a lot longer ergo a much richer history for collectors. They only minted Peace dollars for like 10 years.

[Shami-Amourae]

More like isolationist dollar, amirite!!! Terrorist!1!

[EE_]

http://images.nrajoe.multiply.com/image/1:nagr/photos/51/500x500/81/IMG-0825.JPG?et=J6%2B2jyiaILAAxNPp47VdWQ&nmid=125492574

[Dogman]

http://images.nrajoe.multiply.com/image/1:nagr/photos/51/500x500/81/IMG-0825.JPG?et=J6%2B2jyiaILAAxNPp47VdWQ&nmid=125492574 Howdy!

Wild Bill!

[steyr_m]

I'm not too big on the 'closed wing' vs. 'open wing' thing. The Morgan was designed before the the American Imperium

[madfranks]

I prefer Morgans also; they have a much richer history behind them. Lots of key dates, rare mint marks and like Sparky said, mystique about being the coin of the wild west.

My dad has a "short stack", sealed bank roll of Morgan dollars from the early 20th century. I'm told that the sealing method of the paper roll means it pre-dates the production of Peace dollars, and each end has a CC mintmark showing. Who knows what goodies are trapped inside?

[JohnQPublic]

I think there are a lot more Morgan counterfits out there; probably not in that roll though. Nice stack!

[steyr_m]

I think there are a lot more Morgan counterfits out there; probably not in that roll though. Nice stack!

Yeah, but those are mostly key dates, I believe IMHO.

[ximmy]

I prefer Morgans also; they have a much richer history behind them. Lots of key dates, rare mint marks and like Sparky said, mystique about being the coin of the wild west.

My dad has a "short stack", sealed bank roll of Morgan dollars from the early 20th century. I'm told that the sealing method of the paper roll means it pre-dates the production of Peace dollars, and each end has a CC mintmark showing. Who knows what goodies are trapped inside?

you should open those... ;D :)

[madfranks]

you should open those... ;D :)

Trust me, if they were mine, I'd be very, very tempted to open them. One key date in there would be worth thousands of dollars.

[Dogman]

Trust me, if they were mine, I'd be very, very tempted to open them. One key date in there would be worth thousands of dollars. They would be worth much more, unopened!

[steyr_m]

They would be worth much more, unopened!

I think so too

[ximmy]

I don't care what's inside.. I just want to open them... :p;D:)
http://image.shutterstock.com/display_pic_with_logo/237136/237136,1244100065,4/stock-photo-little-girl-waiting-something-with-anticipation-isolated-on-white-31432153.jpgBTW... how do you know how much they're worth if you can't see them... or is that a stupid question???:-\:confused:

[Dogman]

I don't care what's inside.. I just want to open them... :p;D:)
http://image.shutterstock.com/display_pic_with_logo/237136/237136,1244100065,4/stock-photo-little-girl-waiting-something-with-anticipation-isolated-on-white-31432153.jpgBTW... how do you know how much they're worth if you can't see them... or is that a stupid question???:-\:confused:

In this case, maybe thousands of dollars, develop wings and fly away.

Edit: A collector knowing his/her shit , would be able to tell if real or not.

[MNeagle]

I prefer Morgans also; they have a much richer history behind them. Lots of key dates, rare mint marks and like Sparky said, mystique about being the coin of the wild west.

My dad has a "short stack", sealed bank roll of Morgan dollars from the early 20th century. I'm told that the sealing method of the paper roll means it pre-dates the production of Peace dollars, and each end has a CC mintmark showing. Who knows what goodies are trapped inside?

drool

very nice! How many coins would you guess in the short stack? About 10? Does the label say quantity anywhere?

[madfranks]

drool

very nice! How many coins would you guess in the short stack? About 10? Does the label say quantity anywhere?

10 coins in a short stack, 20 in a normal one. It says 10 dollars on the back of the roll. I know, I drool every time I see them, and like I said, if it were me I'd probably open them for the chance to get an 1889CC which would be worth anywhere from $6500 to $40,000 depending on the state of the coin. My dad won't open them because there are probably only a few dozen original rolls like that dating to the early 1900's around anymore and it would be a shame to open it, especially if there were nothing but common dates inside.

[Sparky]

That's a sweet item, madfranks. My first reaction too was to open them, until I got a good look at that wrapper. That vintage packaging has got to bring the value a lot higher than the sum of ten common dates.

[Dogman]

That's a sweet item, madfranks. My first reaction too was to open them, until I got a good look at that wrapper. That vintage packaging has got to bring the value a lot higher than the sum of ten common dates. Unless there are ten 1889CC in that bundle. Maybe very creative x-rays or industrial cat scans to take a peek, without messing up the wrappers?

[Joe King]

10 coins in a short stack, 20 in a normal one. It says 10 dollars on the back of the roll. I know, I drool every time I see them, and like I said, if it were me I'd probably open them for the chance to get an 1889CC which would be worth anywhere from $6500 to $40,000 depending on the state of the coin. My dad won't open them because there are probably only a few dozen original rolls like that dating to the early 1900's around anymore and it would be a shame to open it, especially if there were nothing but common dates inside.Any idea of how long he's had the roll?

[madfranks]

Any idea of how long he's had the roll?

I don't know how long he's had them. It's funny, it was a couple months ago we were having a similar conversation as this thread regarding silver dollars and he broke out a small part of his collection, and that was in them. He also has a set of morgan dollars that illustrate every grade, i.e. PO, FR, AG, G, VG, F, VF, XF, AU, U, BU, etc. It's kind of cool to look through a set of coins ranging from culls to brilliant uncirculated and everything in between.

[Dogman]

I don't know how long he's had them. It's funny, it was a couple months ago we were having a similar conversation as this thread regarding silver dollars and he broke out a small part of his collection, and that was in them. He also has a set of morgan dollars that illustrate every grade, i.e. PO, FR, AG, G, VG, F, VF, XF, AU, U, BU, etc. It's kind of cool to look through a set of coins ranging from culls to brilliant uncirculated and everything in between. Chip off the old block. Ay?

[Joe King]

I don't know how long he's had them. It's funny, it was a couple months ago we were having a similar conversation as this thread regarding silver dollars and he broke out a small part of his collection, and that was in them. He also has a set of morgan dollars that illustrate every grade, i.e. PO, FR, AG, G, VG, F, VF, XF, AU, U, BU, etc. It's kind of cool to look through a set of coins ranging from culls to brilliant uncirculated and everything in between.You should ask him a lil' more about the roll. I was doing some searching on it and the Bank name printed on it. It seems there are some who think that Bank never existed and that the rolls are good reproductions meant to entice people into paying big bux for otherwise un-remarkable coins and that the name on them is a play on The State Bank and Trust Company of Carson City Nevada, which supposedly did exist. http://www.google.com/search?hl=en&gl=us&btnmeta_news_search=1&q=State+Bank+and+Trust+Company+of+Carson+City+Neva da&oq=&aq=&aqi=&aql=&gs_sm=&gs_upl=&btnmeta%3Dsearch%3Dsearch=#pq=state+bank+and+trust +company+of+carson+city+nevada&hl=en&cp=47&gs_id=24&xhr=t&q=%22State+Bank+and+Trust+Company%22+of+%22Carson+ City%22+Nevada&pf=p&sclient=psy-ab&gl=us&source=hp&pbx=1&oq=%22State+Bank+and+Trust+Company%22+of+%22Carson +City%22+Nevada&aq=f&aqi=&aql=&gs_sm=&gs_upl=&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=6de4e8b0720c48a0&biw=1544&bih=865

Wheras if you do a search for "Carson City State Trust Bank" Nevada http://www.google.com/search?hl=en&gl=us&btnmeta_news_search=1&q=State+Bank+and+Trust+Company+of+Carson+City+Neva da&oq=&aq=&aqi=&aql=&gs_sm=&gs_upl=&btnmeta%3Dsearch%3Dsearch=#pq=%22state+bank+and+tr ust+company%22+of+%22carson+city%22+nevada&hl=en&cp=30&gs_id=2d&xhr=t&q=%22Carson+City+State+Trust+Bank%22+Nevada&pf=p&sclient=psy-ab&gl=us&source=hp&pbx=1&oq=%22Carson+City+State+Trust+Bank%22+Nevada&aq=f&aqi=&aql=&gs_sm=&gs_upl=&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=6de4e8b0720c48a0&biw=1544&bih=865&bs=1 all you really get is results about rolls like what your dad has and ebay links selling them for big bux.
...but nothing about the bank itself and I'd think most banks would want their exact name on anything they'd pay to have printed for use in their business. Also, why would they use two different fonts {the "Nevada" looks kinda modern to me} and also print a small pic of an old paper note on it? Can you tell just what note that is that's printed on it?


Then again, it could be real. I just couldn't find much info to really confirm either way.

[DMac]

The bank name seems to be real, per page 3 of this PDF (found through a coin forum discussing rolls such as this)
http://cdn.calisphere.org/data/13030/ff/kt3t1nc2ff/files/kt3t1nc2ff.pdf

edit to add, here is the source where I found the link above:
http://forums.collectors.com/messageview.cfm?catid=26&threadid=809651

MF, there's a possibility that roll is fugazi.

[Joe King]

The bank name seems to be real, per page 3 of this PDF (found through a coin forum discussing rolls such as this)
http://cdn.calisphere.org/data/13030/ff/kt3t1nc2ff/files/kt3t1nc2ff.pdf"Carson City State Trust Bank" is nowhere to be found in that pdf file. Although there is a "Carson City Savings Bank" and the already mentioned "State Bank and Trust Company", neither are an exact match.



edit to add, here is the source where I found the link above:
http://forums.collectors.com/messageview.cfm?catid=26&threadid=809651That's one of links I saw, too.



MF, there's a possibility that roll is fugazi.What's fugazi mean? Fake?

[DMac]

Fraudulent. That roll is (99.9% sure) filled with Morgans. The likelyhood of it being rolled back in the old days seems really slim the more reading around I do. There were several auctions for those rolls on ebay over the past years, with people bidding extreme amounts of money for them (4k, 7k, etc). Crazy.

[Santa]

Why can't yall just unroll one end, take a peak at the coins and roll it back? It'd be fairly easy to do.

[Joe King]

Why can't yall just unroll one end, take a peak at the coins and roll it back? It'd be fairly easy to do.Because it'll never go back to exactly how it was and it will be apparent that it's been opened.
...and if it were truly authentic, you'd be losing value.

[Santa]

Because it'll never go back to exactly how it was and it will be apparent that it's been opened.
...and if it were truly authentic, you'd be losing value.
Nah... searching and re-rolling old paper coin rolls is as common as dirt. The numismatics world in general is notoriously dirty.

[madfranks]

Hmm, looks like it's fake. Not necessarily the coins, but the authenticity of the bank and the roll. I'm going to call my dad and see if he got them on ebay. I hate scammers!

[osoab]

ximmy buy some Peace Dollars for your left hand and some Morgans for your right or reverse the order if suits you. Just buy with both fists.

[TomD]

I just like stacks of silver, even these common SAE's.

http://i185.photobucket.com/albums/x229/TomD77/SAE10.jpg

[ximmy]

Dealer had a few... picked these up for 27 each... Look to be AU... :p
http://i153.photobucket.com/albums/s222/chrisneros/10morgans.gif
;D
http://i153.photobucket.com/albums/s222/chrisneros/10morgans2.gif

[Sparky]

Now them thar Morgans look dang terrific, missy! Melt value today is about 25 bucks, so you done good!

[DMac]

I'm a big fan of Morgans :)

[solid]

Great job Ximmy! Nice score.

[steyr_m]

Being in Canada, it's hard to get Morgans. I'll be going to Detroit next month, maybe I'll pick some up while there. One of my favourite silver coins to collect.

[osoab]

Being in Canada, it's hard to get Morgans. I'll be going to Detroit next month, maybe I'll pick some up while there. One of my favourite silver coins to collect.

Are you being paid to go to Detroit?

[EE_]

Great job Ximmy! Nice score.

Translation: I think you're a great gal, would you like to get lunch sometime?

[steyr_m]

Are you being paid to go to Detroit?

I wish. No, just going to visit Mom.

[EE_]

I wish. No, just going to visit Mom.

I hope you'll wear a better shirt then the one in your avatar.

[steyr_m]

I hope you'll wear a better shirt then the one in your avatar.

lol, if I was a woman; I wouldn't wear that "shirt" to too many places...

[ximmy]

I found fourteen more Morgans and purchased them today... :p