Morgan Dollars for Sale
As children most of us had the hobby of collecting old coins. http://www.buy-morgan-dollars.com is a place where one can buy and sell the Morgan silver dollars. Morgan dollars were minted from 1878 to 1904 and one more year in 1921. There were various changes that took place in America during the span of the Morgan Dollar.
For decades, the silver Morgan dollar was not that well known and collectors did not pay it much attention. Collecting Morgan dollars did not gather fame until early 1960s. During this time silver was around $1.29 per ounce. One had to go to the bank and ask for them as many banks had bags and rolls of silver dollars.
After the Coinage Act of 1873 came in, dollars were coined on and off. This wiped off the dollar and restored it by a slightly larger dollar called the Trade dollar which was produced with an intension of exporting it for trade with China. The government went through a lot of changes and some acts were passed like: the US government suggested buying silver bullion for its own account to help support the market, the Bland-Allison Act was passed on February 28th, 1878; legislation dictated that the US government purchase $2,000,000 to $4,000,000 a month in silver bullion, etc.
A week after the Bland-Allison Act was passed the Morgan dollars were coined on 7th March 1878. After a several adjustments of the dies the Philadelphia mint cranked out the first dollar. The press was adjusted and 11 more coins were produced after a few rejections that happened. With the intension to deliver the first coin to the President and the 2nd coin to the Secretary of the Treasury ” John Sherman and the 3rd to Linderman the coins were struck on the polished planchets, removed by hand and put in numbered envelopes.
The easy way to buy and sell the Morgan dollars by the way of bidding is offered by http://www.buy-morgan-dollars.com. A few rare coins available on this site are: 1893-O Morgan in Mint State condition, the 1892-S Morgan Silver Dollar ” this is very rare to encounter in uncirculated condition or even in circulated condition and 1891 “O Morgan Silver Dollar.
The value of a VAM is little difficult to judge. It stands for “Van Allen – Mallis.” The rare VAMs offered on this site are: 1893 VAM-4 Morgan Dollar has all doubled stars and a closed 9 in the date, 1892-S Morgan Dollar – VAM-2 is rare to come by die variety in which the whole date is doubled, etc.
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