Dealers also report that the new quarter designs are increasing the number of new collectors, and now the U.S. Mint has announced new, packaged sets for collectors that include the new quarters. Longtime collectors will note that the prices of the proof and uncirculated coins are higher, but then, the new sets for 1999 will include more coins because of the new quarters. Next week, the mint will be mailing order forms to collectors. 23332 Lyons Ave. in Newhall, will sell off an almost complete collection of Morgan silver dollars minted between 1878 and 1921. I think the new dollar coin will have an impact on Morgans the same way the new quarters have had on older quarters.
Bidders write their offers on cards attached to the coins.
Most of the Morgans in the auction are in uncirculated condition, and many rare Carson City dollars are included. Butler expects active bidding for an 1889 Morgan minted at the Carson City mint. The bidding time was extended, Butler said, because of the high interest in the 93 different Morgan Dollars that are for sale. Alan Mendelson of Valencia is the Money Reporter with KCAL-TV channel 9, and the morning business news anchor with KFWB Radio. All rights reserved.