The obverse features a left-facing head only portrait of Liberty. An estimated 270 million of the original Morgans succumbed to this fate.įinally, in 1921, some Morgans were again minted but only until the design was replaced by the Peace Dollar. Between the years of 18, over half a billion of the coins were struck with 96 different date-and-mint combinations, making a compete set almost impossible to acquire.Ĭomplicating collection even further, the Pittman Act of 1918 resulted in many of the Morgans being melted down and restruck as new coinage. Morgan was chosen to design the new coin. ![]() Consequently, silver interests persuaded those in Congress to pass the Bland-Allison Act which required the Treasury to purchase between 2 and 4 million troy ounces of silver each month to be minted into silver dollars. This was significantly depressing the silver market. The Comstock Lode had been discovered in Nevada, and was yielding an estimated $36 million dollars a year worth of silver ore. However, political forces, and not demand, would push the issuance of a silver dollar again. In fact, the Liberty Seated Dollar, which was its predecessor, had last been issued in 1873. In the mid 1870's, there was really no demand for silver dollars. Few coins in the history of numismatics can claim such poor demand upon introduction and yet realize such high interest from collectors years later. In 1921, the Morgan was again minted for a short period until it was replaced by the Peace Dollar. ![]() 90% Junk Silver Coins, one ounce Silver Rounds, 10 ounce Silver Bars, and 100 ounce Bars since 1985.The Morgan Silver Dollar was first introduced in 1878 by the US Mint and was struck until 1904. MJPM.your trusted and recognized Silver Bullion Coin Dealer throughout America and our home in Oregon for Buying and Selling U.S. We want your business! Our best customer is a satisfied customer knowing they bought the best available bullion products who uses competitive and responsible market pricing. We remove the damaged, and mutilated coins that are common place in our competition's 90% junk silver products. MJPM has been your trusted authority and cash buyer of sterling silver flatware since 1985.ĭID YOU KNOW MJPM is well known for selling the best 90% silver coin bags in the industry. Visit our store in downtown Corvallis, Oregon or call for our cash offer. Their silver content and purity is U.S.A. LEGAL TENDER SILVER DIMES, QUARTERS, HALF DOLLARS (1964 and earlier) AND PRE 1935 U.S. LEGAL TENDER 90% SILVER COIN REMAINS THE BEST OF ALL SILVER PRODUCTS. PRE 1964 LEGAL TENDER SILVER COINS and $5.00 to $12.00 per ounce less than the American Silver Eagle by national average.ĩ0% SILVER COIN - THE CAVIAR AND BEST BUY OF ALL CONSTITUTIONAL LEGAL TENDER SILVER PRODUCTS! per $1,000) = $35.65 per oz., with a silver price basis of $25.25 THIS IS ONLY $10.40 PER OUNCE OVER THE SPOT PRICE OF SILVER for U.S. Why? Take the current cost of $25,500.00 for a $1,000.00 Face Value of 90% pre-1964 silver coin divided by 715 (oz. THE TIMING HAS NEVER BEEN BETTER FOR BUYING LEGAL TENDER U.S. ![]() Call us toll free 1-80 to lock in your at the minute prices. We are your silver buyer for Silver Eagles, Silver Maple Leaf, ASE Monster Box, Morgan Silver Dollars, Silver Rounds and all Pre-1964 U.S. Selling? Check out our BUY SILVER PRICES. Silver Rounds, 1 oz., 10 oz., and 100 oz.999 Fine Silver Bars, 90% Silver coin rolls and bags along with other popular legal tender silver coins and bars at nationally competitive prices. MJPM is your bullion silver coin dealer for buying and selling American Silver Eagles (ASE), Canadian Silver Maple Leaf, 1 oz.
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