Big Silver Dollars (part 1)

in #silver6 years ago (edited)

Morgan dollars were minted from 1878 to 1904 and in 1921. They are about the size of a potato chip and they are largest coins excluding commemoratives. They are beautiful coins and many are in high grades so they are fun to collect. They are easy to find in high grades because the government held them in vaults for a long time and sold them to the American public after the price of silver increased.

Morgan dollars are one of the most collected coins. They are great coins to invest in if for both silver content and numismatic value, however they're many counterfeits. I look very closely at them very closely and if any minor detail looks unnatural or unusual I won't buy it. Also, don't be fooled into buying it for for the price of an ounce of silver, it only has 0.77 ounces.

This was my first Morgan dollar and it is in uncirculated condition however some pvc damage is on the reverse around the edges. The coin is worth about $20.

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They are also a great store of wealth, and will lilely be worth far more in any financially-unstable environment, such as bank failures, EMP attacks, stock market crashes, etc.

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if you have made some money or have some savings, buy some silver or gold coins. don't keep everything in crypto. have some in physical coins. u won't go wrong with gold and silver. just my opinion.