Silver Dollar Blog - Is the Silver Eagle the Modern Morgan?

Sep 14, 2012

 

Is the Silver Eagle the Modern Morgan?

Perhaps the Morgan Silver Dollar wasn't the most popular coin on the block when it was first introduced to the public in 1878. Even when the U.S. mint stopped minting the Morgan in 1921 the popularity of the Morgan was not huge. The Morgan dollar sat and sat in the treasury vault. Somewhere in the early 1960's the public started to notice, started to care and started to collect. I just love the feel of a Morgan when you're holding it. There is something about the size, weight the feel of the edges that feels right in my hands.

I just read an very interesting post by Eric Jordan, on Numismatic News referring to the Morgan as the Modern Morgan.

So why might the silver eagle strike the heart of coin collectors. Eric Jordan gives us 7 good reasons:

1. Massive high grade populations that are cheep
2. High silver content
3. Large size
4. Beautiful designs
5. Varied finishes (matte, burnished, reverse proof, cameo proof)
6. Low population mint marked issues that rule the huge set with an iron hand
7. the marketing support of the U.S. mint

In 2006 the Silver Eagles purchased jumped right around the time the U.S. government starting offering lower mintage interesting special issues. It's an interesting read very in depth article about the Silver Eagles.

Do you collect other coins besides the Morgan Dollar?



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