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Us Gold Bureau Investors Love The Morgan Silver Dollar - Here's Why

Topic: Business NetworkingPublished July 4, 2012

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Collectors and investors who frequent sites such as US Gold Bureau often know that there have been many different silver coins minted in the country, but some are more valuable than others. Because of this, many will be familiar with the Morgan Silver Dollar that has so captivated the imagination of collectors and has such a rich story to tell. For those at United States Gold Bureau who love their coins, this unique coin is emblematic of the Old West and certainly the kind of collectible that many are most certainly interested in. Because of its history, this is one of the more valuable choices for collectors and investors alike of all the US minted coins.

Most of those at US Gold Bureau who are knowledgeable about Morgan Silver Dollars know that these coins were minted in several different mints. First came those minted in Carson City, Nevada where a huge discovery of silver deposits was made. Those coins were minted from 1878 until 1893 and are some of the more popular coins with United States Gold Bureau collectors. Next come the Morgan Silver Dollars minted in New Orleans between 1879 and 1904. Other mints where these coins were produced include San Francisco and Philadelphia.

CC marks coins produced in Carson City, as U.S. Gold Bureau investors know, while NO marks those minted in New Orleans. Each mint would have its initials stamped on coins except for Philadelphia. The designer of this coin, George T. Morgan, is still held by many fans of sites like U.S. Gold Bureau as being the preeminent designer of US coins who made the best contribution to date. Lady Liberty is seen on the front side with the date surrounding her face, as well as the Latin phrase E Pluribus Unum which means 'Out of Many, One' and refers to the strength of the nation as a whole made up of independent states. The back side of the coin shows an eagle and a wreath with 'In God We Trust' printed on it.

In addition to the various mint marks on these coins, some feature eagles with 7 feathers while others show eagles that have 8 feathers. Collectors really love these coins because there is so much variety among them and that makes it fun to chase down specific coins that one might not already have. That, in addition to large collections such as the Redfield Hoard being found mean that new coins do sometimes hit the market in uncirculated or near uncirculated condition.

For those who want a truly American collectible coin of great value, the Morgan Silver Dollar can be an excellent choice. This is one coin that is sought after and yet can still be obtained by someone starting out their collection for a fairly reasonable price compared to many other US coins of higher values.

Article author

About the Author

Harold Cristal is a coin collector and writer who appreciates site like US Gold Bureau. When not tending his collection he also loves to eat Thai food and listen to mariachi audio tapes.

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