at a HUGE 50%-67% discount‚ saving you hundreds of $$$
Monaco Rare Coins is proud to announce a way you can now own beautiful and brilliant uncirculated Morgan Silver Dollars—America’s most collected rare coins—for just a small fraction of what other dealers are charging.
These classic Morgan Silver Dollars are works of art to be sure‚ and every bit as beautiful as the day they were minted over 100 years ago. But they also are a stellar investment…especially at Monaco’s great prices.
More about that in a minute. But first‚ a bit of history about these stunning rarities:
The history of the Morgan Silver Dollar is filled with passion and intrigue.
It was 1873 and the Mint Act substantially reduced the amount of silver the U.S. Mints needed for coinage. Domestic industries needed little silver‚ and with the German Empire adopting a gold standard‚ over 8‚000 tons of silver went on the international market in one fell swoop. The discovery of enormous silver deposits in Nevada (the Comstock Lode being the most famous of these) only added to the glut.
Faced with threats domestic and foreign as the price of silver fell precipitously‚ the U.S. silver mine owners began lobbying their friends on Capitol Hill. Although practically no silver dollars had circulated for decades‚ millions of trade dollars were in use by importers trading in China and the Bureau of the Mint could buy foreign silver more cheaply‚ the U.S. mine owners wanted legislators to regard any threat to silver as a threat to the nation.
U.S. Treasury is required to purchase 2 to 4 million dollars worth of new domestic silver bullion monthly at artificial prices for silver dollar coinage only!
On February 28‚ 1878‚ Representative Richard P. “Silver Dick“ Bland (D-MO)‚ with the assistance of Senator William Boyd Allison (R-IA)‚ influenced Congress to pass a silver dollar bill over the veto of President Hayes. The Bland Bill required the U.S. Treasury to make monthly purchases of 2 to 4 million dollars worth of new domestic (not recycled or foreign) silver bullion at artificially high prices for silver dollar coinage only.
Believing that it was just a matter of time until “Silver Dick“ got his way‚ Mint Director Linderman had already hired George T. Morgan to design a new coin. With unprecedented speed and a precious metal content of .77344 ounces of pure “bonanza silver“ from the Old West‚ the Morgan Silver Dollars were minted in Carson City‚ Denver‚ New Orleans‚ Philadelphia and San Francisco from 1878 to 1921. The unpopular‚ large coins quickly became known as “buzzard dollars“ or “Bland dollars“ and‚ after about 1892‚ “dollars of our daddies“ or “daddy dollars.“
Treasury is required to buy 187 ½ tons of domestic silver every month for use as silver dollar coinage only and pay mine owners in Treasury notes redeemable in gold!
Silver prices continued to drop worldwide despite the artificially subsidized domestic market‚ so the silver lobby saw to it that another bill‚ the Sherman Silver Purchase Act‚ was pushed through Congress. The Act required the Treasury to buy 187 ½ tons of domestic silver every month for use as silver dollar coinage only‚ and to pay the mine owners in Treasury notes redeemable in gold. It was a terrible blunder.
By 1893‚ Treasury vaults overflowed with silver dollars that hardly circulated. To make matters worse‚ the mine owners continuously redeemed the 1890 “Coin Notes“ for gold. This nearly depleted the nation’s vaults of gold while the Treasury still had domestic and foreign obligations payable only in gold.
With the threat of a Treasury default‚ Wall Street panicked‚ some 419 banks failed and with them went their depositors. Suddenly millions of Americans were jobless and in financial trouble. President Cleveland called Congress into special session and the Sherman Act was repealed‚ but only after months of bitter opposition led by none other than “Silver Dick“ Bland. Existing stock piles of silver bullion allocated for dollars were diminished by 1904‚ ending the Morgan dollar era for 17 years. Most of these dollars‚ like the ones before‚ remained in treasury vaults until the 1960s.
Morgans melted due to the Pittman Act and World War II!
The Pittman Act of 1918 required the melting of “not over 350 million silver dollars.“ However‚ pressure from the silver lobby forced inclusion of a clause in the Act requiring the purchase of enough domestic silver bullion to replace all the melted dollars. Consequently‚ some 86‚730‚000 Morgan dollars were once again minted in 1921 until the Peace design replaced the Morgan later that year.
Although hundreds of millions of Morgans were minted between 1878 and 1904‚ rarities in the Morgan Dollar series today are mostly due to large scale meltings of the coin. These meltings disposed of most of the rarer branch-mint issues and apparently all 12‚000 of the 1895 Philadelphia business strikes. In all‚ 333‚022‚048 silver dollars were melted from 1883 to 1964‚ including probably almost half the coinage of Morgan dollars and possibly 75% of the Peace dollars. Some 81% of this total meltage was mandated by the Pittman Act of 1918‚ and another 52 million coins were melted during World War II.
Morgans have grown in popularity to become the foundation of the rare coin market!
As the largest and heaviest of U.S. coins minted after the Civil War‚ Morgan Silver Dollars have grown in popularity over the decades to become the foundation of today’s rare coin market. The Morgan Silver Dollar is truly a solid value and priced right…especially here at Monaco Rare Coins.
We are offering Morgan Silver Dollars in rolls of 20 coins for just $640. That’s a great value at just $32 per coin! (You will find the same type of coins we are offering for sale in ads currently running on television selling for as much as $79-$99 per coin!) There is a minimum 20 coins per order (1 roll) with a strict limit of 1‚000 coin bag per customer. These are “brilliant uncirculated“ Morgan dollars. All are over 100 years old‚ and most are 19th century coins.
Morgans are an especially great value for folks new to the numismatic world who want to start collecting and investing in rare coins!
If you aren’t already convinced that acquiring these Morgan Silver Dollars is a very special opportunity‚ here are seven points to keep in mind:
- First…Morgan Silver Dollars are the most popular coins in numismatics and no more Morgan Silver Dollars will ever be minted. The supply is fixed and demand is growing.
- Second…these large‚ incredibly beautiful Morgan Silver Dollars are more than coins; they are a piece of the very fabric of America – from the taming of the frontier to the phenomenal growth of the early 20th Century.
- Third…Morgan Silver Dollars can be an excellent hedge against inflation and numerous other crises that can affect mankind.
- Fourth…silver bullion has been in a bull market and is expected to explode in coming years.
- Fifth…Morgan Silver Dollars are an especially great value for folks new to the numismatic world who want to start collecting and investing in rare coins.
- Sixth…in comparison to prices of years gone by‚ these historic and rare U.S. coins are selling for pennies on the dollar. Rare U.S. coins may well be one of the best investment opportunities presently available.
- Seventh…rare coins have real value and are real money.
If you’ve been waiting for the right time to acquire rare coins…that time is now!
Many people buy rare U.S. coins to help them diversify and build their investment portfolios over the long-term. If you are new to collecting‚ Morgan Silver Dollars are a terrific way for you to get started. Simply put‚ if you want to invest in a market that’s on the rise‚ yet still priced right‚ you need to seriously consider these historic Morgan Silver Dollars NOW.
If you’ve been waiting for an opportune time to acquire rare coins‚ that time is now! Remember‚ these are “brilliant uncirculated or BU” Morgan dollars. BU rolls traded for as much as $2‚000 per roll at the peak of the last bull market. With today’s volatile currency markets and other markets literally on the brink‚ these coins make a lot of sense as a hedge and storage of wealth.
All the coins we are offering are over 100 years old‚ mostly 19th century coins and in rolls of 20 coins for just $640…only $32 per coin! These same coins are presently being advertised on television for as much as $79-$99 per coin (and sometimes even more!). Please call us toll free at 888-900-9948 and place your order immediately. Supplies are limited.
Monaco Rare Coins is a trusted leader in the rare coin collecting and precious metals investment world. We offer a unique, vast and impressive array of resources for investors and collectors alike. At Monaco, you’ll find the finest rare coins available, an experienced and knowledgeable staff of professionals ready and willing to serve your needs, and a broad range of programs and products to fit most any budget. Monaco will always make you an offer to buy your certified rare U.S. coins, even if you purchased them elsewhere.