While the original mintage is listed at 100,000 coins for each of the three Mints, in all probability the vast majority were melted as unsold. In fact, Dave Bowers estimates that 94,000 coins of each issue were melted and the original distribution was only 6,000 coins for each Mint. These coins just weren't very popular at the time of issue, and in collectors' minds anyway they were just a repeat of the 1946 issues. Today, all three Mints have similar survival rates in all grades. They are readily available in all grades up to MS66. Superb Gem MS67 examples are rare. Toning is an issue with these coins as they can be found with nice white luster, with gorgeous and spectacular rainbow toning, and with downright ugly, dirty-looking toning. As with most silver commemoratives, eye appeal is a huge factor.
© 1999 - 2014 Collectors Universe NASDAQ: CLCT