Morgan Dollar (1878-1904 & 1921)
George T. Morgan, formerly a pupil of the Royal Mint of London, designed this dollar, hence the name "Morgan". First minted in 1878, the Morgan silver dollar was the product of America's largest silver strike, which occurred at the Comstock Lode in northern Nevada in the mid-1870s. Though it never gained broad appeal during its production run (1878-1904; 1921), its connection to an important period in American history has rendered it a highly sought after piece among collectors. Older Morgan's are rarer because they were melted down to make 1921 Morgan's. This was called the Pittman Act of 1918, where we lost over 270 million older Morgan's.
The Peace Dollar (1921-1928; 1934-1935)
First struck in 1921 to commemorate the end of World War I, the Peace silver dollar instantly became one of the most popular coins in American history. Many consider this 90% silver coin to be the last “true” American silver dollar minted for circulation.
Investment Advantages
These silver dollar bags, featuring highly collectible silver dollars, offer several investment advantages. In addition to their known numismatic value (all coins should assess at VG and higher grade), each bag contains a sizeable quantity of actual silver. Other advantages include:
1. U.S. Legal Tender
2. Effective as small increments of barter
3. Highly portable and easily liquidated
4. Recognized on world markets
Bag Size |
Face |
Purity |
Silver |
Full Bag |
$1,000 |
90% |
(+/-) 772 Ounces of Pure Silver |
Half Bag |
$500 |
90% |
(+/-) 386 Ounces of Pure Silver |
Quarter Bag |
$250 |
90% |
(+/-) 193 Ounces of Pure Silver |
Tenth Bag |
$100 |
90% |
(+/-) 77 Ounces of Pure Silver |
| Starter Bag |
$25 |
90% |
(+/-) 19 ounces of Pure Silver |
|
Contents
All silver dollars are struck in 1935 or earlier with 90% purity. Peace and Morgan bag contains U.S. Peace silver dollars minted from 1921-28 and 1934-35 and U.S. Morgan silver dollars from 1921. Coins included are graded VG or better. Call for price and availability.
Pricing
Because of their greater numismatic value, pricing for silver dollar bags is based not just on the daily market price of silver, but the rarity of the coins contained in each bag. Those more interested in coin rarity might prefer the bag of exclusively 1878-1904 Morgan silver dollars. Call for availability.