When we were children, many of us had hobbies of collecting items. There is one place where you can still buy and sell the Morgan silver dollars - http://www.buy-morgan-dollars.com . These silver dollars were minted from the year 1878 to 1904 and then later in 1921. Several changes took place in America throughout the period of the Morgan dollar.
To begin with the Morgan dollar was not valued so highly by most collectors and was ignored for decades. It was only till the early 1960s that collecting Morgan dollars became so popular. The cost of silver was around $1.29 per ounce during this time. Many banks had bags and rolls of silver dollars and one had to go to the bank and ask for them.
Until the Coinage Act of 1873 came in the dollars were coined on and off. This reduced the dollar and it was replaced by a slightly larger dollar called the Trade Dollar. The main aim of making this was to export it for trade with China. After this the government underwent a lot of changes and some more acts were passed. The US government suggested buying silver bullion for its own account to help support the market, the Bland-Allison Act was passed on February 28th, 1878; legislation dictated that the US government purchases $2,000,000 to $4,000,000 a month in silver bullion, etc. were some changes that occurred.
The Morgan dollars were coined on 7th March 1878; just a week after the Bland-Allison Act was passed. The Philadelphia mint cranked out the first dollar coin after numerous adjustments of the dies. It was still rejected and then the press was adjusted and 11 more coins were produced. The very coins were struck on the polished planchets, removed by hand and put in numbered envelopes with the intension to deliver the first coin to the President and the 2nd coin to the Secretary of the Treasury " John Sherman and the 3rd to Linderman.
The easy way to buy and sell the Morgan dollars by the way of bidding is offered by http://www.buy-morgan-dollars.com. A few rare coins available on this site are: 1893-O Morgan in Mint State condition, the 1892-S Morgan Silver Dollar " this is very rare to encounter in uncirculated condition or even in circulated condition and 1891 "O Morgan Silver Dollar.
The term VAM is an acronym for "Van Allen - Mallis." It's very difficult to put a value to a VAM. Some are rare but some are very common and easy to find. But this site gives us few rare VAMs like: 1893 VAM-4 Morgan Dollar have all doubled stars and a closed 9 in the date, 1892-S Morgan Dollar - VAM-2 is rare to come by die variety in which the whole date is doubled, etc.
To begin with the Morgan dollar was not valued so highly by most collectors and was ignored for decades. It was only till the early 1960s that collecting Morgan dollars became so popular. The cost of silver was around $1.29 per ounce during this time. Many banks had bags and rolls of silver dollars and one had to go to the bank and ask for them.
Until the Coinage Act of 1873 came in the dollars were coined on and off. This reduced the dollar and it was replaced by a slightly larger dollar called the Trade Dollar. The main aim of making this was to export it for trade with China. After this the government underwent a lot of changes and some more acts were passed. The US government suggested buying silver bullion for its own account to help support the market, the Bland-Allison Act was passed on February 28th, 1878; legislation dictated that the US government purchases $2,000,000 to $4,000,000 a month in silver bullion, etc. were some changes that occurred.
The Morgan dollars were coined on 7th March 1878; just a week after the Bland-Allison Act was passed. The Philadelphia mint cranked out the first dollar coin after numerous adjustments of the dies. It was still rejected and then the press was adjusted and 11 more coins were produced. The very coins were struck on the polished planchets, removed by hand and put in numbered envelopes with the intension to deliver the first coin to the President and the 2nd coin to the Secretary of the Treasury " John Sherman and the 3rd to Linderman.
The easy way to buy and sell the Morgan dollars by the way of bidding is offered by http://www.buy-morgan-dollars.com. A few rare coins available on this site are: 1893-O Morgan in Mint State condition, the 1892-S Morgan Silver Dollar " this is very rare to encounter in uncirculated condition or even in circulated condition and 1891 "O Morgan Silver Dollar.
The term VAM is an acronym for "Van Allen - Mallis." It's very difficult to put a value to a VAM. Some are rare but some are very common and easy to find. But this site gives us few rare VAMs like: 1893 VAM-4 Morgan Dollar have all doubled stars and a closed 9 in the date, 1892-S Morgan Dollar - VAM-2 is rare to come by die variety in which the whole date is doubled, etc.
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Find out where to find 1895 Morgan Silver Dollar for Sale with our Morgan Silver Dollar site.
