I found 5 copies available. ...but unfortunately the book does not come cheap. Prices range from $125 to $318. (Hey! That's only 27.4 to 69.7 cents a page!)
This book will give you hours and hours of great reading. For months I kept it on my bedstand for late night reading. ...and judging by the resale price of the book, it should even be a good investment. (Keep the Grandkids and their crayons away from it.)
SIDE NOTE TO MYSELF: The wife knows what to do with my coins should I suddenly "have the big one" and go off into the Happy Other World. ...but perhaps I should remind her not to throw my numismatic library into the recycle bin!
Loc: The Blue Ridge of Virginia
Originally Posted By: WoodenJefferson
As a result of this successful dispersal strategy, the entire silver dollar market grew for the next five years. From 1982 to 1985, for example, Morgan Silver Dollars in MS 65 increased in average value by 450%! Collectors and investors alike were happy, and the hobby enjoyed a wonderful resurgence.
I find this fascinating. I can almost grasp this possibility, but then...
I have avoided any further purchases in Morgans for fear that new hoard finds like this would drop the bottom out of the coins' values. For instance, I have an 1885-CC NGC MS65 that I simply list as my poorest investment to date.
At the very least, I have suspended any further collecting of Morgans until I know a lot more about them. I'm learning...slowly!
I always assumed that rarity was the driving factor in a coins value. I suppose that demand is another. I would be interested if any of you know how the two offset each other. For instance, how can the release of a Morgan hoard increase interest to such an extent that the increased supply (higher census count) is offset by increased demand?
Are there other examples of this happening? Are common-date St. Gaudens coins experiencing appreciation due to increased demand pressure (I wish I could find a good hoard of them right now! )?