There are a number of factors that determine the value of a coin such as the condition of the coin, how many still exist, where it was minted and so on. The greatest factor has always been what a person is willing to pay to own a particular coin. Generally, the more people are willing to pay then the more the coin is worth. It can not be said that Morgans or Peace dollars are worth more than the other because each has it scarce coins and others that may be more numerous but stand out because of condition.
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