Legislation seeks Morgan and Peace silver dollar bullion coins for 2021

Discussion in 'Silver' started by Lustre, Apr 12, 2020.

  1. Lustre

    Lustre Member

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    https://www.coinworld.com/news/us-c...nd-peace-silver-dollar-bullion-coins-for-2021
    March 27 2020
    “Supporters of an initiative to mark the centennial anniversary in 2021 of the transition of silver dollar production from the Morgan to Peace designs are backing new legislation, for legal tender bullion coins instead of commemorative issues.

    Thomas J. Uram, chairman of the Citizens Coinage Advisory Committee and president of the Pennsylvania Association of Numismatists, and fellow CCAC member Mike Moran are pushing for passage of H.R. 6192, introduced March 11 in the House by Rep. Andy Barr, R-Ky., as the 1921 Silver Dollar Coin Anniversary Act.

    H.R. 6192 is Uram and Moran’s second attempt to achieve legislated recognition for the 2021 anniversary. Referred to the House Financial Services Committee on the same day it was introduced, the bill would authorize a number of Morgan and Peace dollar versions and would give the Mint leeway in mintage limits and how the coins are marketed.

    Uram said nothing has been decided as to how the legal tender bullion coins would be distributed — whether in direct numismatic sales to the public or as strictly bullion releases, through the U.S. Mint’s authorized purchasers who market American Eagle bullion coins.”
    ...
    “The 2021 Morgan and Peace dollars would be struck in the original 90 percent silver, 10 percent copper alloy, not the current .999 fine composition employed for commemorative silver dollars.

    Uram said that, from discussions with U.S. Mint officials, options would include issues struck at the Denver, Philadelphia and San Francisco Mints, with privy marks added to specific Morgan dollar issues to pay homage to the silver dollar output at the former Carson City Mint in Nevada and New Orleans Mint in Louisiana.

    Uram said discussions included details for Proof and Uncirculated releases, with the possibility for special sets to include coins of different finishes from multiple Mints.

    Uncirculated versions could include a 2021-P Peace dollar struck at the Philadelphia Mint with the original high relief, with Morgan dollars struck at the Denver and San Francisco Mints.”
     
    Last edited: Apr 12, 2020
  2. Lustre

    Lustre Member

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    https://www.numismaticnews.net/article/how-would-2021-silver-dollar-commemoratives-impact-collectors
    Oct 10 2019
    “In sum, I would anticipate that the release of 2021-dated Morgan and Peace silver dollar commemoratives would spark a gradual increase in the number of American numismatists. But the initial flurry of demand will be for the Blue Chip or generic coins and for products such as modern proof and mint sets and silver Eagle dollars. The increase in interest in collecting other numismatic niches will take time to develop and only rise to a lesser degree.”

    Patrick A. Heller was the American Numismatic Association 2018 Glenn Smedley Memorial Service Award, 2017 Exemplary Service Award 2012 Harry Forman National Dealer of the Year Award, and 2008 Presidential Award winner. He has also been honored by the Numismatic Literary Guild, Professional Numismatists Guild, Industry Council for Tangible Assets, and the Michigan State Numismatic Society. He is the communications officer of Liberty Coin Service in Lansing, Mich., and writes Liberty’s Outlook, a monthly newsletter on rare coins and precious metals subjects
     

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