Many people have begun to put their hard earned money into a place they feel is safe during this time of economic turmoil in the United States and the world. That is coin collecting and goldbullion. This is because they feel that precious metals, the basis that our entire economy stands on, is the one thing that will never lose its appeal to humanity. Human have been obsessed with mining, trading, and working with precious metals to thousands of years. Also, they are certainly much more concrete than paper money and stocks in this electronic world.One of the most sought after coins by these collectors who are looking to solidify their assets is the Morgandollar. Made of silver, it is named after its designer, who was George Morgan. He designed both sides of this famous coin the most recognizable being the side profile of lady liberty on the obverse side. They were minted for a fairly short time, from 1878 to 1904 and then once more in 1921, which makes them a pretty rare coin to own. What makes them so valuable is their fineness and composition. They are composed of a high percentage of pure silver, 0.77 troy ounces, and they are rated at 0.900 fineness.
Because they are one of the most widely collected and popular coins, they best way to procure on these Morgan dollars is through a coin dealer. Coin dealers are more likely to be able to give you the cheapest deal on Morgan dollars and other coins, increasing the value of you investment.
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