While the Morgan dollar coin may be considered a foreign object by today's young people raised on digital cash, Morgan silver dollar coins were viewed as an excellent form of portable value when they appeared in the 1900s. In the present day and age, Morgan dollar coin allows a person to actually hold a heavy, large piece of American economic history in his or her hand, which creates a somewhat interesting value for the coin.
The value of a Morgan dollar coin is hard for a lot of young people to imagine in this day and age because most financial exchanges are now electronic. However, at one point in American history Morgan silver dollar coins represented a huge growth in the economy, and defined personal wealth. The Silver Rush that took place in the state of Nevada is well documented by Mark Twain, who spent his young manhood searching for silver in Carson City, Nevada.
Large deposits of silver ore were discovered in the western states of this country during the first half o the 1800s, and once that silver was taken out of the earth, it was melted in into mintable silver. That means the silver, after it was processed, could be turned into silver coins, and the Morgan dollar coin, first issued in 1878, was one of the most popular of the coins.
Morgan Silver Dollar Coins
Morgan silver dollar coins are quite heavy when held in the hand because they actually do contain a large percentage of real silver. At the time of the first minting of the Morgan dollar coin, people expected coins to contain real silver, and they did not consider rare coins Morgan dollars to be unusual at all. There are several incidents, which would be considered strange today, of people hording hundreds of thousands of these coins in their basements. Today, of course, a pocket full of rare coins Morgan dollars would be considered a nuisance and troublesome bother. After all, why carry around a heavy lot of coins when an almost weightless debit card will serve the same purpose?
Rare Coins Morgan Dollars
Rare coins Morgan dollars will cost more today than a dollar. The reason is that a Morgan dollar coin is in perfect condition is considered a rare coin. This means it has a value among coin collectors far beyond the current market price of the silver. Still, there is an intrinsic beauty in one of these coins, and given that they are no longer minted, with the last minting in 1921 they will only go up in value.
Michael Greene
Wednesday, May 27, 2009
Buying Silver Eagles Buying Silver Coins Online
Buying silver eagles, when it comes to coin collecting, is acquiring a fascinating part of history for anyone interested in numismatics (collecting coins), whether they are hobbyists and enthusiasts who are involved in coin collecting for investing into history, or business-minded people who are into it for the investment in rising monetary worth. Buying coins such as silver eagles is attaining those which have both historic and monetary value.
A vast number of collectors seek these out to acquire them and horde into their personal collections. There's just something especially regal about these specimens of American coinage, whether they are of considerable age or recently minted, they seem to draw people to them with certain magnetism.
What's a good example piece to consider when buying silver eagles? I'd say the "Peace Morgan" silver dollar... the reverse of the coin depicts an eagle resting perched, wings folded, sitting upon a mountaintop, watching the rising morning sun's rays in the distant sky. Instead of the usual stance of holding bundles of arrows and olive branches in the eagle's talons, he is only holing the olive branches of peace as he sits there quietly taking in the view. This is why it came to be known as the Peace Morgan silver dollar.
Perhaps one of the best considerations for buying silver eagles is the other Morgan silver dollar. On the back of this one, it shows an eagle in flight, holding the usual arrows and olive branches on the coin's reverse side. The eagle's wings are fashioned a little differently in style than usual, being not quite completely outstretched, but closer to the body as though in half wing-beat in midflight. Exceedingly few of this type remain today, which lends even more value to these due to their rarity, and so those buying silver eagles are grabbing these up wherever they can.
Lewis Waller
A vast number of collectors seek these out to acquire them and horde into their personal collections. There's just something especially regal about these specimens of American coinage, whether they are of considerable age or recently minted, they seem to draw people to them with certain magnetism.
What's a good example piece to consider when buying silver eagles? I'd say the "Peace Morgan" silver dollar... the reverse of the coin depicts an eagle resting perched, wings folded, sitting upon a mountaintop, watching the rising morning sun's rays in the distant sky. Instead of the usual stance of holding bundles of arrows and olive branches in the eagle's talons, he is only holing the olive branches of peace as he sits there quietly taking in the view. This is why it came to be known as the Peace Morgan silver dollar.
Perhaps one of the best considerations for buying silver eagles is the other Morgan silver dollar. On the back of this one, it shows an eagle in flight, holding the usual arrows and olive branches on the coin's reverse side. The eagle's wings are fashioned a little differently in style than usual, being not quite completely outstretched, but closer to the body as though in half wing-beat in midflight. Exceedingly few of this type remain today, which lends even more value to these due to their rarity, and so those buying silver eagles are grabbing these up wherever they can.
Lewis Waller
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