Collector wonders why low mintage Morgan dollars are not always the highest value

Readers Ask column from the March 16, 2015, issue of Coin World
By , Coin World
Published : 02/26/15
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I am a Morgan dollar collector (among other U.S. coins as well) for the past 10 years. I recently bought an 1881-CC dollar graded MS-60, and upon examining the coin and comparing some values, I wonder about the huge variances in value for many of these Morgan dollars.

I have listed as an example the below coins, with mintages under 1 million. [Values are taken from January 2015 Coin World.]

DATE/MINT MINTAGE MINT STATE 60 PRICE

1893-S 100,000 $13,000

1894 110,972 3,300

1881-CC 296,000 525

1893-O 300,000 3,250

1899 330,846 250

1899-CC 350,000 25,000

1893 378,972 775

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