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Morgan Silver Dollars Genuine Choice AU Condition
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Item Number: BC0007
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Silver Bullion + Collectible Value
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, Morgan dollars are sought by both investors and collectors for their high silver content, superb minting, and potential leverage to the silver market. They offer all the advantages of silver bullion plus the added potential of scarce collectible coins.
Genuine Choice AU Condition
Although Morgan silver dollars were minted in large quantities, very few survive today. As result of the Pittman Act of 1918, nearly 270 million Morgan dollars were melted down into silver bars for export, and further melting occurred in the 1960s and 1980s when silver prices skyrocketed. Only about 20% of the original mintage have survived and only a tiny fraction of those in Choice AU condition, making them truly scarce. Modern bullion coins are produced in virtually unlimited quantities each year and offer no possible premium for scarcity. Classic silver coins can appreciate more than their underlying silver value.
Morgan dollars in Choice AU condition are an ideal way to buy silver and offer true scarcity and greater leverage to the silver market than bullion coins, but for very little additional cost.
Better than bullion. Combines low silver prices with higher collectable numismatic value.
True scarcity Morgan silver dollars survive in extremely limited numbers.
Private, liquid, and secure.
All coins are guaranteed to be pre 1921
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