Sunday, April 25, 2010

Morgan silver dollar - what makes collecting America's most famous silver dollars?

Morgan silver dollar contains 90% pure silver and 10% copper. The entire Silbergehalt of the coin is 24 grams. The storage life of silver and copper is what the coins to large long-term investments. You have been marked for the first time in 1878 until 1904. They were also produced in 1921 for a final Fortdruck. An old farmer lavere Redfield is the famous Morgan silver dollar collector of all time.

He collected slowly coins are original face value of 1 $. He was a major investor in many different Ventures invests and having at the time of his death $ 100.000.000 $. His collection of silver dollars was one of its largest and most profitable investment. After his death, his huge collection was sold for over $ 7 million at an auction in the 1970s. Today there is value has increased itself since the 1970s and would worth many many times more than be.

It value has original purchase price of US $ 1 in the years, but for some years now, a lot is more valuable than others increases. Depending on how often and rar. Some of the most popular and most valuable silver dollar Morgan under other coins, which have the CC stamp on them. The CC is, that to Carson City mint during the strike silver produced.

They were produced at 4 more mints, which include New Orleans, Philadelphia, Denver and San Francisco. They all contain to identify different stamps which mint, they were produced. The most famous year 1895 is own PF-68. In 1895 after Mint records as a whole, 12000 coins were shaped proof copies, along with 880. So far have only 75-80 of it coins are responsible in the world for which is, what makes it valuable links.

Where are the rest of them? No one seems to know fact 1895 Morgan silver dollar known to get about $ 120 000 at an auction. There are many theories about what happened, but many people believe that the coins were shaped actually not they were made equal to and not sold to the public or melted brought on the market. Want to start investing in Morgan silver dollar are confused, where is the best and safest place to buy?

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