U.S. Morgan Silver Dollars
1878-1904 Morgan Bag — Contains exclusively very good (VG) and better Morgan silver dollars minted from 1878 to 1904.
| The Morgan Dollar (1878-1904) |
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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 Morgans are more rare because they were melted down to make 1921 Morgans.
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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 |
Each Bag |
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Purity |
Actual Silver Weight |
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| Full Bag |
$1,000 |
|
90% |
773 oz |
| Half Bag |
$500 |
|
90% |
386 oz |
| Quarter Bag |
$250 |
|
90% |
193 oz |
| Tenth Bag |
$100 |
|
90% |
77 oz |
Contents
The 1878 to 1904 Morgan bag contains U.S. silver dollars minted from 1878-1904, and in VG or better condition. Call for price and availability. Full bags with 1,000 dollars face value may be shipped as two sealed half bags.
Pricing
Because of their greater numismatic value, pricing for Northwest Territorial Mint silver dollar bags is based not just on the daily market price of silver, but the rarity of the coins contained in each bag. As a result, expect to pay a little more for bags containing Morgan silver dollars only. Those interested in diversifying their silver holdings might consider bags of 1921 Morgan silver dollars or bags of Peace silver dollars.
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