Silver Morgan dollars are a popular type of collectible coin that were first minted in the United States from 1878 to 1904, and then again in 1921. Named after their designer, George T. Morgan, these coins are considered by many to be some of the most beautiful coins ever produced by the U.S. Mint.
Composition and Design
The silver Morgan dollar is comprised of 90% silver and 10% copper, making it a valuable and sought after coin for both collectors and investors. The design of the coin features Lady Liberty on the obverse (front) and an eagle with outstretched wings on the reverse (back). The intricate details and elegant design of the silver Morgan dollar make it a true work of art, and a popular choice among coin collectors.
Silver Morgan dollars were originally minted in response to the California Gold Rush of the late 1800s. The U.S. government wanted to increase the supply of silver in circulation, so they started minting these coins to help meet the growing demand for silver. Over the years, the silver Morgan dollar has become a symbol of American history and tradition, and it is widely recognized as one of the most important coins in U.S. history.
In addition to their beauty and historical significance, silver Morgan dollars also have a high investment potential. Due to their composition, these coins are a valuable store of wealth, and they have proven to hold their value over time. This, combined with their rarity and collectibility, makes silver Morgan dollars an attractive investment option for those looking to diversify their portfolios.
In conclusion, silver Morgan dollars are a stunning and valuable addition to any collection. Whether you're a seasoned collector, or just starting out, these coins are sure to impress and provide a valuable return on investment. So, if you're looking to add some silver to your collection, consider investing in silver Morgan dollars today!