Investing in rare coins

Rare coins can be a great investment, and it is essential to do your research before you start investing. The silver Morgan dollar is one of the rarest coins in the United States and has been popular among collectors for many years because of its beauty and rarity. Find out more about investing in rare coins, what it is, its characteristics, and where you can shop it online!

What is the Silver Morgan Dollar?

The silver Morgan dollar was minted between 1878 and 1904 when it ceased being made. It was designed by George Morgan, who was a talented engraver at the United States Mint. The coin evokes the image and feel of the Wild West (cowboys slinging revolvers in a hostile bar and flipping the keep a silver dollar for whiskey).

What most people don’t know is that George Morgan traces his roots in Britain! He was born in 1845 in County Durham, which is located somewhere near London. This coin was minted from the silver mined out of Western areas such as Nevada and others, where many people worked to support themselves by mining precious metals.

George Morgan would go on to become a talented engraver at the United States Mint and work there for over 40 years. He was very skilled in his craft (he designed other coins, such as the famous Indian Head Penny), but many people know him best for creating this silver Morgan dollar that collectors have loved for decades.

What are its characteristics?

The Silver Morgan Dollar had a 90% purity level, making it more valuable than other coins. It is made out of 90% silver and has 24.73 grams of pure silver! It also measures 38mm in diameter, making it one of the larger coins ever minted by the US Mint. The front side features Lady Liberty wearing a pearl crown with ‘Liberty’ inscribed on it. The backside features an eagle and shield design and inscriptions of the weight, purity, and country of origin (United States).

The coins come in different categories depending on the year they were minted, between 1879 and 1921. 

Where can I shop this coin online?

If you are interested in buying this rare silver Morgan dollar for your collection or as an investment, you can check out Blanchard for a vast selection of coins. If you are looking to buy it as an investment, there is also a Silver Morgan Dollar Investment Kit that includes everything you need to get started investing in rare US silver dollars!

Is the silver Morgan dollar a good investment?

The coin is currently valued at around $19-$23, making it a rare and valuable collectible. This high value will only increase over time, especially as there are fewer coins in circulation! You can also look up more competitive prices for the silver Morgan dollar on Blanchard, your trusted one-stop online precious metal dealer. 

Well, there you have it, folks. If you’re looking to buy or invest in these unique silver Morgan dollar coins, don’t hesitate to contact Blanchard here!