1878 MS63 Morgan Silver Dollar
Unsurprisingly, there is a shining opportunity to take advantage of current silver spot prices. Silver fell 2.9% last month after surging 14% in May and rising 7% in April. After last month's pause, the rally seems poised to continue on strengthening expectations that the Federal Reserve will cut rates in September.
While the silver bullion market is rife for potential with spot prices just over halfway to all-time highs, numismatic markets will soon find even greater premium expansion as the market heats up, if historical patterns are to be believed.
That makes now a great time to consider the potential in silver dollars.
The Morgan silver dollar is arguably the most popular item in American numismatics. These big, beautiful coins are historically intriguing and visually impressive.
It’s not just the design that makes Morgan dollars beautiful—one cannot ignore their booming luster. Morgan’s design was superbly proportioned and formatted. As a result, most Uncirculated Morgan dollars exhibit outstanding “cartwheel” luster. They have a type of radiant flash the likes of which is rarely seen on any other U.S. coin.
When the Morgan dollar was discontinued after 1921, giant stockpiles of the coin would remain for decades—the surplus was not fully depleted until the 1960s. Since then, however, the Morgan dollar has become an avidly sought collectible.
Decades ago, Uncirculated bags of silver dollars would be seen with regularity. Now, it’s difficult to even find an original roll of 20!
In addition, in mint state condition, Morgan dollars are a challenge to come by for all but a handful of the most advanced Morgan dollar enthusiasts. Clearly this is an important opportunity that is not likely to be repeated any time soon.
Much less than 1% of all vintage silver dollars have survived in MS66 and above! This is especially true for the Morgan dollar—as a large coin it’s statistically unlikely to survive in MS66 or MS67.
NGC has graded a total of 3.3 million Morgans in all grades, but less than one half of one percent have qualified in MS67. Between NGC and PCGS, we observed a total surviving population of 32,036, just a minute fraction of the surviving Morgan population compared to more easily obtainable circulated grades. There’s a reason so few coins qualify as MS67—the standards are strict! Even a miniscule flaw will demote a coin to MS66, and anything larger drops in value significantly.
Your Opportunity to Own Morgan Silver Dollars
Today, we're offering the opportunity to own a set of San Francisco-minted Morgan Dollars dated 1880-1882 in MS67. While lower grades are quite common, MS67 and above are much scarcer. These Morgans appear vastly undervalued—PCGS price guide has these 3 coins at $3,500 while NGC price guide has them at $3,750. For less than $3,000 for all three silver dollars, this set is a steal.
They also hold the potential to grow tremendously. You see, as the bullion market heats up, numismatic coins also see a boost due to their melt value. With gold reaching new all-time highs, it's not long until silver catches up!
Buy one 3-coin set for $2,599!
Call for availability as we anticipate these to go fast! To add these 3-coin Morgan silver dollar sets to your portfolio today, please call us at 800-831-0007 or email us.
*Prices subject to change based on market fluctuation and product availability. Prices reflected are for cash, check, or bank wire. Free shipping, handling, and insurance are available with the purchase of each set. Offer expires Friday, July 12, 2024 or while supplies last.
