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Hidden
Profits In The
Morgan Silver Dollar
1878-1921
 Investment
grade silver dollars could make you big money for reasons most investors
completely overlook. And the amazing part is virtually anyone can get
started regardless of their investment budget.
The Morgan silver dollar is one of the most widely collected and studied
silver coins ever produced by the US government. Authorized by
the Bland-Allison Act of February 28, 1878 this famous coin gets its name
from its designer George T. Morgan.
And your timing could not be better because one of the most fascinating
books on the Morgan Dollar has just been published by prominent rare coin
author Q. David Bowers.
Published by Whitman, The Official RED BOOK of Morgan Silver Dollars
provides insight, pricing and history on one of America’s favorite rare
coins.
 There
are a number of compelling reasons to invest in Morgan dollars and all
focus on its history and why it became famous. In the beginning the Morgan
dollar was produced in large quantities because of a rather infamous deal
struck between the early
Nevada
silver producers and the US Mint. The silver producers of the Comstock Lode
soon realized they had an oversupply of silver and America had unemployed workers.
This convenient arrangement led to the Bland-Allison Act of 1878, which
authorized the new Morgan dollar. So silver from the Comstock
Lode was used to produce large quantities of the Morgan silver
dollar. More coins were struck than were needed for everyday commerce so
the oversupply eventually caused large-scale government storage of these
beautiful coins. The problem of storage was addressed in 1918 when under
provisions of The Pittman Act almost 300 million of these silver dollars
were melted. And the dollars were melted without regard or record as to
date or mintmark. This, we believe, has led to one of the great investment
opportunities in America’s
most prized silver coin.
8 Reasons To Invest In
The Morgan Silver Dollar
And Why The Coin's Condition Is A Key Factor
1.
Without
question the Morgan dollar is one of the most important and well-known
silver coins ever minted. It is more popular than $20 gold pieces, more
popular than type coins and even more popular than commemoratives. In fact
a customer who looked at the graph and wanted to take advantage of these
prices said he purchased PCGS MS 65 Morgans, “because it is the first
coin most of us consider.” It literally stands for and represents the
Old West and the lore that goes with stagecoach delivery, mining towns, and
the struggle to define America.
2.
Rare
coins are graded using the Sheldon Scale of 1 to 70. The higher the
numerical number the better the condition of the coin and the more
difficult any given date is to find. We stated that the condition or grade
of the Morgan Dollar was an all-important aspect of making sure this
investment was successful. If you understand that condition investing has
defined the rare coin market since the early 1970’s you will be light
years ahead of the competition. The most universally sought after grade is
Mint State 65 (MS 65) or Gem Uncirculated condition. This is true because
it is at this lofty grade that the populations of the coins graded by PCGS
(The Professional Coin Grading Service) begin to decrease dramatically
relative to their mintages. Keep in mind that most of the Morgan dollars
minted were not saved. They were used for everyday commerce and thus became
circulated. That is why our recommended high grade uncirculated examples
are so difficult to find today. It is also at the PCGS MS 65 grade that
today's investor receives the most value for the money. Lower grades have
much higher populations meaning it takes much more dollar volume to drive
prices higher. Higher grades tend to be too expensive relative to what new
investors can afford.
3.
Since
the advent of independent 3rd party certification by The Professional
Coin Grading Service records of the total number of Morgan Dollars
graded by condition are published each month. There is no more guessing as
to how many coins exist in a particular grade. We know the exact number of
Morgan silver dollars graded and their assigned grade. This information is
published in the now famous Population Report. Using the population
numbers and the selling price we can figure the Benefit Factor. This
straightforward approach offers a simple way to select coins with the most
bang for your buck.
4.
The
authorized melting of almost 300 million coins in 1917 created investment
opportunities that are still being studied. Now couple this with the coin's
inherent diversity because it was produced at 5 different mints over 28
years and it's easy to see why this coin is a "tour de force" in
the making. The series contains many dates and mint-marks that go
unrecognized, and sometimes even overlooked, leading to undervalued situations.
This gives today’s investor an edge, and is why we wholeheartedly
recommend the series.
5.
With
the advent of PCGS graded coins the buyer is guaranteed in writing of the
coin’s condition and authenticity. A win-win situation for today's
investor. Three world-class graders must independently agree on the
coin’s grade and then a “finalizer” must approve. The
coin is then sonically sealed in hard plastic and is further protected by a
unique 8-digit number that identifies your coin among all others graded.
There is no better system in the world today.
6.
Here
is another important point. Have you ever looked at or studied a high grade
Morgan Dollar? It is considered to be one of America’s most beautiful
coins. Designed by the now famous mint master George T. Morgan this dollar
is a stand-alone art form. A dignified Miss Liberty is on the front (called
the obverse) and a majestic eagle on the back (or reverse). The
eagle’s wings are outspread, holding an olive branch in one talon and
a bundle of arrows in the other. A classic from the golden age of coin
design.
7.
Also
keep in mind that the Morgan dollar is not an obscure rare coin investment.
It is a virtual barometer of the coin business. Any analysis of rare coin
prices places much importance on this coin for two important reasons:
First, its great popularity. Second, the Morgan dollar is among the most
widely held silver coins among investors and collectors alike. This wide
collector market places the Morgan Silver Dollar in a class by itself. Why?
Because true collectors rarely sell their holdings. This accounts for the
amazing stability of this investment market over the past 4 decades.
8.
Finally
take a look at the graph below. Timing provides today's investor with an
unexpected premium. You can exploit the risk to reward ratio.
This graph clearly shows that investing in MS
65 Morgan Dollars at this time puts you in the driver’s seat. At
current levels this historic coin could provide a 300% profit if it only
returns to the old highs of 1989. If inflation returns or the dollar
collapses you could be sweeping up the profits.
HAND-SELECTED
MORGANS BY THE COIN OR BY THE PCGS BOX
The beauty of this silver coin is that many Morgan
silver dollars in MS 65 condition are still very inexpensive. This means
that virtually everyone can participate. You are really looking at a ground
floor opportunity. Invest in one coin or purchase a hand selected Custom
Box of (20) and save $10.00 per coin.
MORGAN DOLLARS PCGS MS-65
GEM
UNCIRCULATED
$190.00 Each
20 Or More $180.00 Each
Call 1-800-225-7531 today to place an
order or ask further questions. The least expensive Morgan Dollars are
dates and mintmarks of our choice. Continue reading and you will discover a
number of dates and mintmarks with lower PCGS Populations. They are more
expensive because there are fewer of them. These are used to build Morgan
Dollar Sets which are always highly sought after. Keep in mind that not all
dates and mintmarks are available. You can use your credit card and, as
always, shipping and insurance are free. You can also email your order to
Alex Sanchez at info@golddealer.com.
You won’t be sorry when higher oil prices and returning inflation drive
these silver coins to higher levels. Our usual 14 day no questions asked
money back guarantee applies. If you are not completely happy with your
selection simply return it to us and receive a complete refund. Good luck on
your new investment program and thanks for reading. Copyright © 2006, CNI Inc.
Prices are current as of April 21st, 2008.
Information may change without notice.
|
PCGS No
|
Date
|
MS65 POP 7/7
|
Price
|
Rarity
|
Benefit
Factor
|
|
7072
|
1878 8TF
|
436
|
$1,270
|
94
|
12.9
|
|
7074
|
1878 7TF Rev 78
|
427
|
$1,250
|
96
|
13.4
|
|
7080
|
1878-CC
|
1421
|
$1,500
|
29
|
3.4
|
|
7082
|
1878-S
|
2949
|
$300
|
14
|
8.1
|
|
7084
|
1879
|
741
|
$830
|
55
|
11.6
|
|
7090
|
1879-O
|
242
|
$3,300
|
169
|
9.0
|
|
7096
|
1880
|
786
|
$725
|
52
|
12.6
|
|
7100
|
1880-CC
|
1824
|
$1,450
|
22
|
2.7
|
|
7118
|
1880-S
|
27732
|
$190
|
1
|
1.4
|
|
7124
|
1881
|
666
|
$800
|
61
|
13.4
|
|
7126
|
1881-CC
|
3708
|
$1,025
|
11
|
1.9
|
|
7128
|
1881-O
|
428
|
$1,500
|
96
|
11.2
|
|
7130
|
1881-S
|
40922
|
$190
|
1
|
0.9
|
|
7132
|
1882
|
968
|
$500
|
42
|
14.8
|
|
7134
|
1882-CC
|
4020
|
$500
|
10
|
3.6
|
|
7136
|
1882-O
|
577
|
$1,175
|
71
|
10.6
|
|
7140
|
1882-S
|
14136
|
$175
|
3
|
2.9
|
|
7142
|
1883
|
3304
|
$220
|
12
|
9.9
|
|
7144
|
1883-CC
|
6292
|
$440
|
7
|
2.6
|
|
7146
|
1883-O
|
5611
|
$190
|
7
|
6.7
|
|
7150
|
1884
|
1759
|
$270
|
23
|
15.1
|
|
7152
|
1884-CC
|
5895
|
$440
|
7
|
2.8
|
|
7154
|
1884-O
|
10265
|
$190
|
4
|
3.7
|
|
7158
|
1885
|
6783
|
$220
|
6
|
4.8
|
|
7160
|
1885-CC
|
3278
|
$1,300
|
12
|
1.7
|
|
7162
|
1885-O
|
14697
|
$190
|
3
|
2.6
|
|
7164
|
1885-S
|
356
|
$1,650
|
115
|
12.2
|
|
7166
|
1886
|
12071
|
$190
|
3
|
3.1
|
|
7170
|
1886-S
|
236
|
$3,080
|
173
|
9.9
|
|
7172
|
1887
|
12510
|
$190
|
3
|
3.0
|
|
7176
|
1887-O
|
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