Silver Dollar Report
Hidden Profits In High Grade
Morgan Silver Dollars (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. Most
Morgan dollars were 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 may have
led to the Bland-Allison Act of 1878, which authorized
the new Morgan dollar. Silver from the Comstock Lode was
then used to produce large quantities of Morgan silver
dollars and in the process helped with the unemployment
problem. As is sometimes the case with government
intervention a great deal more coins were 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 then melted. These 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.
We recommend purchasing coins graded by
PCGS, the #1 grading service. You can learn more about
PCGS with the PCGS Grading
Process Video.
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 MS65 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 and mining towns.
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
(MS65) or Gem Uncirculated condition. This is true
because at this lofty grade the number of these coins
graded by PCGS (The Professional Coin Grading Service)
decreases dramatically. 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
difficult to find today. We believe the PCGS MS65 grade
offers the most value as lower grades have much higher
populations.
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.
5. With the advent of PCGS grading the
coin's condition and authenticity are guaranteed.
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 an 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
series for two reasons: First, its great popularity.
Second, the Morgan dollar is among the most widely held
silver coins among investors and collectors alike.
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, clearly being able to invest at much lower levels
than in the early years of PCGS grading.
HAND-SELECTED MORGANS BY THE
COIN OR BY THE PCGS BOX
The beauty of this silver coin is that
many Morgan silver dollars in MS65 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 $5.00 per
coin.
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 their PCGS Populations are much lower.
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, pricing information
can change without notice, and we ship insured at no
extra charge on orders of $2000 or more. You can also
e-mail your order to Alex Sanchez at alex@golddealer.com.
Our usual no questions asked money back guarantee
applies. If you are not completely happy with your
selection simply return it to us within 7 days and
receive a complete refund. Good luck on your new
investment program and thanks for reading.
MORGAN DOLLARS PCGS MS65
GEM UNCIRCULATED
$135.00 Each
20 Or More $130.00 Each
PCGS No
|
Date
|
MS65 Populations
|
Rarity
|
Price
|
Benefit Factor
|
| 7072 |
1878 8TF |
501 |
88 |
$1,450 |
8.5 |
| 7076 |
1878 7TF Rev 79 |
308 |
143 |
$2,300 |
8.7 |
| 7080 |
1878-CC |
1536 |
29 |
$1,600 |
2.5 |
| 7082 |
1878-S |
3291 |
13 |
$275 |
6.8 |
| 7084 |
1879 |
831 |
53 |
$840 |
8.8 |
| 7090 |
1879-O |
267 |
165 |
$3,100 |
7.5 |
| 7096 |
1880 |
904 |
49 |
$760 |
9.0 |
| 7100 |
1880-CC |
2132 |
21 |
$1,360 |
2.1 |
| 7118 |
1880-S |
30229 |
1 |
$140 |
1.5 |
| 7124 |
1881 |
807 |
55 |
$725 |
10.6 |
| 7126 |
1881-CC |
4094 |
11 |
$950 |
1.6 |
| 7128 |
1881-O |
473 |
93 |
$1,350 |
9.7 |
| 7130 |
1881-S |
44090 |
1 |
$140 |
1.0 |
| 7132 |
1882 |
1108 |
40 |
$490 |
11.4 |
| 7134 |
1882-CC |
4500 |
10 |
$500 |
2.7 |
| 7136 |
1882-O |
494 |
89 |
$1,100 |
11.4 |
| 7140 |
1882-S |
15439 |
3 |
$140 |
2.9 |
| 7142 |
1883 |
3605 |
12 |
$190 |
9.0 |
| 7144 |
1883-CC |
6887 |
6 |
$425 |
2.1 |
| 7146 |
1883-O |
6296 |
7 |
$170 |
5.8 |
| 7150 |
1884 |
1938 |
23 |
$300 |
10.6 |
| 7152 |
1884-CC |
6466 |
7 |
$425 |
2.2 |
| 7154 |
1884-O |
11776 |
4 |
$140 |
3.7 |
| 7158 |
1885 |
7495 |
6 |
$180 |
4.6 |
| 7160 |
1885-CC |
3731 |
12 |
$1,150 |
1.4 |
| 7162 |
1885-O |
16084 |
3 |
$140 |
2.7 |
| 7164 |
1885-S |
422 |
104 |
$1,650 |
8.9 |
| 7166 |
1886 |
13358 |
3 |
$140 |
3.3 |
| 7170 |
1886-S |
261 |
169 |
$2,800 |
8.4 |
| 7172 |
1887 |
13622 |
3 |
$140 |
3.2 |
| 7176 |
1887-O |
289 |
153 |
$2,600 |
8.2 |
| 7180 |
1887-S |
346 |
127 |
$3,000 |
5.9 |
| 7182 |
1888 |
2390 |
18 |
$190 |
13.6 |
| 7184 |
1888-O |
1644 |
27 |
$550 |
6.8 |
| 7186 |
1888-S |
167 |
264 |
$3,100 |
11.9 |
| 7188 |
1889 |
1541 |
29 |
$320 |
12.5 |
| 7194 |
1889-S |
560 |
79 |
$1,700 |
6.5 |
| 7196 |
1890 |
342 |
129 |
$2,300 |
7.8 |
| 7198 |
1890-CC |
342 |
129 |
$5,500 |
3.3 |
| 7200 |
1890-O |
420 |
105 |
$1,750 |
8.4 |
| 7202 |
1890-S |
601 |
73 |
$920 |
11.2 |
| 7206 |
1891-CC |
485 |
91 |
$4,400 |
2.9 |
| 7210 |
1891-S |
372 |
119 |
$1,290 |
12.9 |
| 7240 |
1896 |
3131 |
14 |
$190 |
10.4 |
| 7246 |
1897 |
1375 |
32 |
$300 |
15.0 |
| 7250 |
1897-S |
1023 |
43 |
$580 |
10.4 |
| 7252 |
1898 |
1963 |
22 |
$250 |
12.6 |
| 7254 |
1898-O |
10175 |
4 |
$155 |
3.9 |
| 7256 |
1898-S |
369 |
119 |
$2,100 |
8.0 |
| 7258 |
1899 |
972 |
45 |
$810 |
7.8 |
| 7260 |
1899-O |
6515 |
7 |
$160 |
5.9 |
| 7262 |
1899-S |
375 |
118 |
$1,750 |
9.4 |
| 7264 |
1900 |
3244 |
14 |
$200 |
9.5 |
| 7266 |
1900-O |
5482 |
8 |
$170 |
6.6 |
| 7268 |
1900-O/CC |
701 |
63 |
$2,000 |
4.4 |
| 7270 |
1900-S |
475 |
93 |
$1,350 |
9.6 |
| 7274 |
1901-O |
2453 |
18 |
$200 |
12.6 |
| 7278 |
1902 |
1260 |
35 |
$440 |
11.1 |
| 7280 |
1902-O |
3759 |
12 |
$170 |
9.7 |
| 7282 |
1902-S |
259 |
170 |
$2,700 |
8.8 |
| 7284 |
1903 |
2597 |
17 |
$275 |
8.6 |
| 7286 |
1903-O |
1876 |
24 |
$640 |
5.1 |
| 7290 |
1904 |
170 |
259 |
$3,400 |
10.7 |
| 7292 |
1904-O |
9462 |
5 |
$170 |
3.8 |
| 7294 |
1904-S |
114 |
387 |
$8,500 |
6.4 |
| 7296 |
1921 |
3205 |
14 |
$165 |
11.7 |
| 7298 |
1921-D |
1309 |
34 |
$400 |
11.8 |
| 7300 |
1921-S |
719 |
61 |
$1,100 |
7.8 |
|