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Inventory:
OUT OF STOCK
- Product ID: 12503
Morgan silver dollars not only carry numismatic value, they also hold important history pertaining to the US and the minting of silver dollars. The Seated Liberty dollar's production ceased, due to the Coinage Act of 1873, allowing the Morgan silver dollar to become the first standard silver dollar minted after the Seated Liberty. Since all silver miners received direct profit from mining the silver, there was no way to tell how much silver was being sold. The Bland-Allison Act authorized the minting of the Morgan and demanded that all silver sold to the US Mint would be used for the silver dollars. This act also gave the US Mint deadlines as to how many silver dollars they need to produce a year. This was only one of many bills repealed as the government was trying to have more regulations over the silver trade.
When thousands of Morgans were discovered in federal reserve banks and the US Treasury, the demand for these coins greatly increased. Over time, the Morgan Dollars not only caught the attention of avid collectors, but it also received interest from silver bullion investors. Since the Morgans were minted with 90% silver, they carry two values: numismatic and intrinsic. Both values are important to investors so the Morgan remains one of the most popular items on the silver market! The Pre-1921 Extra Fine to Almost Uncirculated Morgan Silver Dollars comes in a roll of 20 coins, with mixed dates and mint-marks. All coins also range from the higher conditions of XF-AU, containing slight wear but some may still have their original luster intact. Pre-1921 Morgans are a hot commodity to collectors so why not enjoy the benefits of owning these highly collectible relics without the fuss of chasing after each individual coin!