| The Morgan dollar is considered to be a very | | | | Morgan dollars is really not uncommon. If a dealer |
| popular investment vehicle for coin collectors as | | | | priced one very high because of it being |
| they sell for reasonable prices, and have | | | | Uncirculated, don't be fooled. Uncirculated grades |
| performed very well as investments in the past. | | | | are very common. |
| Other than that, a Morgan dollar is simply a | | | | Know which specimens to buy |
| beauty to behold. If you want to purchase your | | | | Only buy the highest grade silver dollar Morgan. |
| very own Morgan dollar, then it is important that | | | | Proof Morgans, especially, have been performing |
| you equip yourself with knowledge about the | | | | very well for the past 15 years. If you can afford |
| coins, to assure you that you don't take a loss | | | | to invest in one, go for it. If not, you can go for |
| instead. | | | | the very high-grade, MS-65, or even better. |
| What is a Morgan Dollar? | | | | Although they are more expensive compared to |
| The silver dollar Morgan is a US silver dollar coin | | | | MS-60 up to MS-63, they are considered a very |
| minted from the years 1878 to 1904, and back | | | | good investment because of its rarity in age of |
| again for another year during the year 1921. It | | | | encapsulation. |
| was authorized by the Bland-Allison Act of 1878. | | | | Consider the Source |
| The Morgan dollar's obverse and reverse was | | | | In buying a silver dollar Morgan, it is recommended |
| designed by George T. Morgan. As the obverse, | | | | that you consider the source of the grade. Not all |
| the Lady Liberty can be found. For the reverse, | | | | dealers may have the same grading standards. |
| an eagle holding arrows and an olive branch was | | | | Some dealers may price their coins higher |
| designed. | | | | compared to others even with the same grade, |
| Descriptions | | | | probably because they have more non-subjective, |
| The silver dollar Morgan has a fineness of .900, | | | | consistent and exacting grading standards. That is |
| meaning it has a total silver content of 24.057 | | | | why, you should not only compare the grade and |
| grams or 0.77344 ounces per coin. Its total mass | | | | price, but also consider the source and grading |
| is 26.73 grams and diameter is 38.1 mm, with | | | | standards. |
| thickness of 3.1 mm. It is composed of 90% | | | | Store Your Morgan Dollars By Yourself |
| silver and 10% copper. | | | | Now that you've decided to invest in one, make |
| Now that you know some facts which will guide | | | | sure that you take charge of the storage of |
| you in buying an authentic silver dollar Morgan, it's | | | | coins. These are very valuable coins and should |
| time to discuss some tips. | | | | not fall into other hands. There are some dealers |
| Don't be fooled by Uncirculated gradings | | | | that promise to keep your coins for you. Don't |
| Although there were about half a billion Morgan | | | | allow this. Have your own built-in, fireproof vault |
| dollars minted from the years 1878 to 1904, and | | | | or even a safety deposit box to store it in. |
| nearly ¾ of these were melted before | | | | In the end, the Morgan dollar is really a good |
| being issued, a bulk of the Morgan dollars in the | | | | investment aside from its beauty. Make sure you |
| market nowadays didn't even leave the U.S. Mint | | | | keep these tips in mind to guide you in buying |
| until the year 1960. So, an Uncirculated grade for | | | | one. |