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Genuine American Morgan Silver Dollars and
Peace Silver Dollars
Morgan silver dollars are the most popular and widely collected of all U.S. silver coins. Minted between 1878 and 1904, and again in 1921, in Philadelphia, New Orleans, San Francisco, and Carson City, these classic silver coins served as the backbone of daily commerce, both nationally and internationally, for decades. Today Morgan dollars are avidly sought by collectors worldwide for their beautiful design and rich history. Investors love them for their high silver content, superb minting, and excellent leverage to the silver market. We love these true American classics as one of the most fascinating coins and best silver investments on the market today. Historic design and true scarcity Named after designer James T. Morgan, the Morgan dollar is also known as the Liberty Head dollar because of the radiant, dignified profile of Miss Liberty featured on the obverse. The model who sat for this famous portrait, a school teacher named Anna W. Williams, gained international celebrity as "Miss Liberty." The reverse of the Morgan dollar depicts the inspiring image of an American Eagle, standing tall with widespread wings, perched confidently upon the olive branch of peace and the arrows of military strength, signaling a new era of American strength and prosperity. Although Morgan dollars were minted in large quantities from 1878 through 1904, when production ended because of a silver shortage, very few have survived until today. As result of the Pittman Act of 1918, nearly 270 million Morgan dollars were melted down into silver bars for export, causing some dates to become rare. Further melting occurred in the 1960s and 1980s when silver prices skyrocketed. Only about 17% of the total number of Morgan silver dollars minted have survived, and only a tiny fraction of those in Brilliant Uncirculated condition, making them genuinely scarce coins.
Now is a great time for silver! With silver trading under $5.00 an ounce, now is a great time to take advantage of an unusually strong investment climate for the white metal. Based on a combination of current factors, including current silver mining volume, above-ground supplies, industrial demand, and investor demand, many market analysts believe that the natural price of silver should be somewhere between $15 and $20 per ounce today. Some true believers are even arguing that silver will become more valuable than gold in our lifetime! While we would not go as far as these extreme optimists, we agree that the silver market is long overdue for a price advance. Industrial demand for silver is on the rise, and is expected to exceed 850 million ounces this year. Mining and scrap recovery operations, however, are projected to produce only some 650 million ounces, leaving an industrial supply deficit of around 200 million ounces. Because of silvers unique combination of properties -- its highly malleable and conductive, fatigue and corrosion resistant, with high tensile strength, etc. -- very few industrial substitutes exist, and none are cost-effective. With strong ongoing demand and a large deficit in the supply chain, prices are bound to rise.
Rising investor and collector demand More and more, investors and collectors are turning to silver bullion and coins, whether to secure their investment portfolios against the risk of uncertain times, or simply to build their collections. In periods of economic uncertainty and inflation, silver is an excellent way to balance out paper investments and reduce overall risk. U.S. Silver Eagles, those bullion-only coins manufactured by the U.S. Mint, have witnessed a huge surge in popularity recently. Frenzied demand for these coins has also been driven by TV promotions, as well as by all the new collectors attracted by the wonderful State Quarter program. As legions of new collectors seek out other coins for their collections, many are discovering the fascinating history and natural beauty of classic U.S. silver coinage and turing to Morgan dollars. Any way you look at it, demand for silver is on the rise. U.S. Morgan and Peace dollars -- a smart silver buy With over twenty years of experience in the metals
markets, we've observed time and time again that when market conditions become bullish,
the value of classic coinage almost always increases more than bullion alone. This is one
of the reasons why classic U.S. Morgan Silver Dollars are such a terrific value today.
Add scarce, classic silver coins to your portfolio Considered to be America's best and most popular silver dollar and most have been lost, worn out, destroyed or melted in the great silver boom of the 1980's - but these have been preserved and have never been circulated but were stored in US Treasury vaults for decades before being released again to the general public. Buy one or more as gifts, as investments or as treasured mementos of American history. We also have GEM uncirculated Morgan Silver
Dollars graded by PCGS and NGC in both gem MS64 grade and very gem MS 65 grades.
Prices vary by mint mark. |