Morgan Silver Dollar – Extra Fine is a remarkable coin designed by George T. Morgan, legendary American mint engraver who is credited with designing many popular coins in the United States. The Morgan Dollar and Colombian Exposition Half Dollar were two widely famous coins he designed. This silver bullion coin draws the attention of both investors and collectors and is available through Gold Goliath, a nationally recognized silver dealer.
The production of the Morgan Silver Dollar – Extra Fine was started in 1878 and continued until 1904 during which an estimated number of 555 million coins were minted. This period is known as America’s “golden age” of hard money. The number of coins, however, was curtailed by more than half after Pittman Act. 1918 legislation ordered the melting of nearly 300 million coins.
The Morgan Silver Dollar – Extra Fine has 0.77 ounces of pure silver with the fineness being .900 with a small percentage of copper added to insure monetary circulation for years. The coins were minted at the Denver Mint (D Mint Mark), San Francisco Mint (S Mint Mark), Philadelphia Mint (No Mint Mark), New Orleans Mint (O Mint Mark) and the Carson City Mint (CC). Since a large number of coins were melted after the implementation of the terms of Pittman Act in 1918, the Extra Fine grade of Morgan Silver Dollar has limited availability in the market.
For several reasons, the Morgan Silver Dollar – Extra Fine attracts tremendous demand from investors and collectors especially based in the United States:
• Limited availability of fine grade Morgan Dollars makes this coin appealing for its historical importance.
• Restrictions on production mean an increase in demand and possibly an increase in value over comparable coins.
• Widely famous worldwide owing to its brand value for more than 100 years
• The Morgan Silver Dollar – Extra Fine is a tremendous asset to any collection.
Offered in (20) coin tubes or canvas bags with a holding capacity of 100 or 500 coins; the rigid packaging ensures immunity from scratches, culls or cuts.
Gold Goliath purchases these coins only from reputable mints assuring authenticity and complete satisfaction. Call us at 1-800-577-3195 ext. #1 for ordering instructions Monday-Friday 9:00am-6:00pm CST.