The 2025 Morgan & Peace Reverse Proof Set: Solid Coins, Softer Signals

Editor’s Note:The U.S. Mint rolled out its 2025-S Morgan & Peace Reverse Proof set with plenty of hype and solid early sales — but slower than last year. Jacob Barton breaks down what those numbers actually mean, why “sellouts” don’t equal profits, and how collectors can avoid mistaking Mint marketing for real market demand. The…

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