Morgan Silver Dollars

The Morgan dollar is regarded as one of the most important and most beloved silver coins ever minted. Designed by George T. Morgan, the values of these silver dollar coins will vary depending on a number of different factors. Like most of us that are into the hobby of collecting coins, the more experience you gain, the more you will know.

Collecting Morgan dollars is not the same as investing in rare coins and many consider this coin to be an excellent gauge of the coin industry in general. The analysis of rare coin values also places a great deal of importance on this popular series due to the fact that it is widely held by both collectors and investors alike. However, one of the top reasons for beginning to collect these coins is that the entire series is actually incredibly under priced. As you begin to do do some investigating you will come to see that a large number of dates and mint-marks are still being offered in the same relative price range as many of today's common issues now in production by the US Mint.

I find it amazing to that many early silver dollars in high grades are not reaching prices of five to ten times today's prices, especially considering their strong significance historically. In 1917 the authorized melting of almost 300,000,000 coins created an investment opportunity whose possibilities are still being considered to this day.

Produced at 5 different mints over a time period of 28 years, the Morgan Silver Dollar contains dates and mint-marks that are currently overlooked. This scenario creates an ideal opportunity for investors. Also, the overall popularity of this classic United States silver coin insures that it is wide distributed as past specimens that have been graded are among the community of collectors. This community is so vast that it ensures that even large dealers will only have access to a limited number of coins regardless of the demand.

When the time comes to purchase a coin, it's important to be sure that you are buying only from a reputable coin broker. With the current abundance of online auction sites, it can be very easy for a dishonest seller to attempt to pass off coins that are actually of a lower grade than promised simply due to the fact that you will not have had the chance to personally view and appraise the coin. For this reason I highly recommend that when purchasing coins in higher grades you purchase only coins that have been graded by a third-party service such as PCGS, NGC or SGS.

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