Posts Tagged ‘Silver’

Why You Should Acquire American Silver Eagle Coins

Article by David Mahler

Like Gold Silver is Real Money Silver is true money. Most people don't think of it as that but it truly is. What most of the people consider real money has no innate value. In fact, toilet papers are more valuable than these items. It only has value because our government says it does and requires us to use it via legal tender laws.

The Federal Reserve Can't Print Silver The US Treasury can't do it anywhere near the rate that they can create new dollars although the Treasury does mint silver coins. Now that we live in a digital age the monetary supply can be grown with a computer entry instead of having to start up the printing press which allows the monetary supply to expand just that much faster.

The money you have in your savings bank looses value when the Federal Reserve creates more money. This occurs because when the monetary supply increases the amount of goods and services don't increase. When more dollars are chasing the same amount of goods and services then the price of those goods and services has to go up. This is why it is a good idea to acquire silver because the Federal Reserve can't create silver like it does paper money and so they can't devalue silver like they do the US Dollar.

Silver is Less expensive Than Gold I have read that gold is eight times more hard to find than silver contrary to what others say that silver is more scarce than gold. Either way the price ratio between silver and gold is about 60 to 1 right now. Put simply, the cost of 60 ounces of silver is equal to one ounce of gold. Some may conclude that silver is undervalued at the moment. Investing is more easier for the average Joe because of the lower nominal price.

You Have Something of Real Value Just in Case What I mean by this is if and when hyperinflation ever happens you will have a real store of value. This is not to scare you so you will not buy silver. However, that can occur at any time. I personally don't concur with his evaluation but internationally famous investor Marc Faber thinks it is a 100% certainty that the US will encounter hyperinflation.

Even if you don't believe hyperinflation will ever occur I suggest you consider getting silver bullion as a prudent addition to your portfolio. By far, the best price online is American Precious Metals Exchange.

More reasons to buy American Silver Eagle Coins

Tips Of Collecting Silver Buffalo Coin

For coin collectors seeking the Silver Buffalo Coin, getting a coin in excellent condition is of the utmost importance. A commemorative Silver Buffalo Coin was created in 2001 which consists of approximately 90 percent pure silver. The commemorative coin is a replica of the original Buffalo Nickel first created by James Earle Fraser and cast between 1913 and 1938. On the front of the Buffalo nickel appeared the profile of a Native American and on the back a standing buffalo is visible. The same design appears on the commemorative coins created in 2001.

The commemorative Silver Buffalo Coin is fully endorsed and backed by the United States Mint. It is possible for buyers come across counterfeits of 2001 Silver Buffalo Coin in the market. One will find on genuine coins that the backside of the coin is inscribed with the words "IN GOD WE TRUST," just beneath the words "United States of America." The latter text is arched above the buffalo on the back of the coin. Just beneath the buffalo’s head on the coin, the words "E Plubribus Unum," the Latin phrase meaning "Out of Many, One" appears. The latter words are indicative of genuine commemorative coins as such an inscription is not inscribed on replications.

On a genuine Silver Buffalo Coin, coin collectors can also easily spot the specific denomination just below the buffalo on the obverse side of the coin which should clearly read "One Dollar." Replications may display the words "giant buffalo proof" where the denomination amount appears on genuine coins. In addition, just below the denomination indicator on the obverse side of the coin, one will find the letter "P" which is an indicator of what mint cast the Silver Buffalo coin as well as the letter "F" which is indicative of the coin’s original designer. The uncirculated version of silver Buffalo coin is minted in Denver, CO, with a "D" Mint Mark inscribed on the coin instead. Another clear clue that the coin is genuine is the fact that on the front side of the coin on the lower left is the engraved year: "2001."

Careful examination of the Silver Buffalo Coin will give a coin collector a solid idea about what he or she is buying. It is easy to separate all of the replicas from the originals when one knows what to look for. Understanding the identifying markers will help the coin collector ensure he or she is getting a genuine coin in every instance. You can also subject it to the magnet test. A silver coin won't be attracted to the magnet, but a fake steel coin would.

For more tips of collecting Silver Buffalo Coin, I recommend you checking out Buffalo coin for Sale. It is a specialized Buffalo Gold Coin for Sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.

Very Protected Ventures in Silver with Pre-1965 Dollars

Article by Michael Miller

What would you like to possess: a tangible investment which you can easily access or just a paper piece whose market value could evaporate in a moment? As a result of the recent economic downturn, many people interested in investing are interested in making investment in safe silver. It assists you in protecting your savings so that they have good value whenever you require cash by converting them.

Silver is available very easily to the interested investors in the shape of bullion, bars and different types of coins. Among all the options the dollars of silver which are dated before 1965 have emerged as most beneficial and secure.

Why should you make investments in Silver Dollars?

Dimes, quarters and dollar coins give different amounts of returns to the investors depending upon the wear and composition of the silver coins. Dimes and Quarters are exchanged quite often so there will be more wear than dollar or half dollar coins. This gets less from the quantity of pure silver they would get. For this reason people mostly opt for investment in silver coins.

Which of the dollar coins are good to invest?

Silver investors usually search for coins which were minted before 1965 as there are quite few which have high silver content. Of good worth to coin collectors and investors alike is Walking Liberty half dollar, 1964 Kennedy and Ben Franklin.

Why Would You Want Junk Silver?

When there is no value of coins for the collectors, they are referred to as "junk coins". While many of pre-1965 silver dollars are just junk coins to collectors, they are most eagerly sought by silver investors due to their large silver content.

You will get junk coins in the bags having face value at 00 and they are reliable and safe option for the investors desirous of securing their investments in case the dollar goes down.

People interested in making silver investments must first understand valuation of pre-1965 coins. When investments are made properly, silver can get you good financial gain apart from the total safety of investments.

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The Biography of the Morgan Silver Dollar

Article by Lorelei Lissor

The U.S. Mint's 1878-1921 Morgan dollar remains undoubtedly the most famous and collected classic silver dollar worldwide. How did this masterpiece of American minting emerge?

Interestingly, the coin sprang from a period of great financial instability in America, the Long Depression that began with the Panic of 1873 and continued until 1879, the year after the Morgan dollar's introduction. One cause of the financial catastrophe was the 1873 Coinage Act, called "the Crime of '73," which demonetized silver and temporarily ended the production of silver coins for the American economy. Combined with the failure of a major American railroad, "tight money" quickly led many overleveraged investors and companies into bankruptcy and Wall Street into chaos. When the Depression wore on and public outcries increased over joblessness, Congress finally authorized new circulating silver coinage, the largest of which was the magnificent Morgan silver dollar. As millions flowed into commerce in 1878, the Depression began to allay, partly the result of fresh hard-asset silver money in the system. Morgan dollars were packed with precious silver from the great Western mines, a vast source of national wealth. At the time, just one was the daily pay for cowboys, railroad builders and many industrial workers.

Designed by a Young Apprentice at the Philadelphia Mint

The Morgan is named after its creator, George T. Morgan. Born in England in 1845, Morgan trained at the London Mint and absorbed the finest European traditions of coin engraving. He was accepted as an apprentice at the principal Philadelphia Mint in 1877 and his superlative designs for a new U.S. silver dollar won out over the existing Chief Engraver's. The famous Philadelphia portrait painter Thomas Eakins (later to be regarded as the nation's finest artist of the period) recommended a 17-year-old schoolteacher named Anna Williams to be Morgan's model for his Liberty personification. His beautifully sculpted Liberty Head wears a tiara inscribed "LIBERTY" holding wheat of the North and cotton of the South (symbolizing the coming together of the nation after the Civil War) and a liberty cap (the traditional emblem of hard-won freedom).

For the American Eagle reverse, Morgan carefully worked from a stuffed eagle at the Philadelphia Mint and achieved superbly realistic detailing. His original design showed seven tail feathers, but the Mint Director requested another to fill out the look. However, upon the Morgan dollar's release into commerce, ornithologists objected that eagles always have center tail feathers, so Morgan reverted to his original odd-numbered tail design later in 1878. The eagle clutches arrows of preparedness and an olive branch of peaceful intent. Surrounding the eagle is a large laurel wreath, honoring the nation's greatness. The inscription "In God We Trust" (which began on U.S. coinage during the Civil War) is inscribed in Old English script.

The Ups and Downs of Morgan Dollar Mintages

As the production of the Western silver mines peaked in the 1880's, so did the output of Morgan silver dollars in that decade. When the principal silver mines were largely exhausted, the output of Morgans declined sharply in 1890-1892, then plummeted in 1893-1895 after Congress repealed the Sherman Silver Purchase Act. Popular agitation for greater silver minting (climaxing with Presidential candidate William Jennings Bryan's famous speech for silver at the 1896 Democratic Convention) led to increased Morgan dollar production in the late 1890's, early 1900's and through 1904, when the series was suspended by Congress. One final huge release of Morgan dollars came in 1921, before its successor the Peace silver dollar emerged later in that year.

In addition to being a lifeblood in commerce, many Morgan silver dollars were held in the U.S. Treasury as intrinsically valuable securities. However, the vast majority of those minted have been lost to history, when huge numbers were melted by the Treasury during the World Wars. Today their relative scarcity adds to their collecting appeal as a masterwork of the minting art.

About the Author

Lorelei Lissor is a Numismatist and coin expert at International Coins and Currency

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1889 Morgan Silver Dollar

George T. Morgan, coin designer

The 1889 Morgan Silver Dollar was one of many silver dollars that was designed by George T. Morgan and minted in the United States in the time span of 1878 to 1904. Morgan started his minting career as an assistant engraver and worked up to becoming a Chief Engraver. His excellent design skills kept him as Chief Engraver for eight years. Although his name is famous for many U.S. coins, he is most known for The Morgan Dollar.

Morgan Silver Dollars

Morgan Silver Dollars have become very popular with coin collectors and are still very sought after today. They are very sturdy and have help up through many years, as investments as well as collection items. Their durability is the result of the high amount of silver that goes into each coin, over 24 grams per coin. The Morgan Dollar is worth a lot more than its original value because of the high silver content. The content of the 1889 Morgan Dollar is .900 silver and .100 copper with a total weight of 26.73 grams.

The entire collection of Morgan Dollars was minted in five city mints: Carson City, Philadelphia, New Orleans, Denver and San Francisco. The mintmark can be found on the back of the coin right below the eagle\'s tail feathers. Each mintmark designated which city the dollar was minted in. For instance, "CC was for Carson City, O for New Orleans, D for Denver, etc." Although all of the Morgan Dollars have more value than their face value, the 1889 Morgan Silver Dollar has the most value and is the most sought after coin in the entire Morgan Dollar series. This is partly because of its connection to the west. Carson City had the lowest mintage so Carson City coins held the most value. The Morgan Silver Dollar is widely enjoyed and sought after because of its Western lore and explicit historical design. The silver that was used in its design was from the Comstock Lode, which reminded the people of the one of the great "silver strikes" in history.

Design of the Morgan Silver Dollar

The front of the 1889 Morgan Silver Dollar has Lady Liberty facing left. Circling around her is the date of the coin (on the bottom), the words "E Pluribus Unum" above her and the thirteen stars on both sides. The design of Lady Liberty is actually the result of sketch Morgan made of Anna Willess Williams, a Philadelphia schoolteacher. When "E Pluribus Unum" was first chosen to be used, it meant "Out of many, one". The reverse side of the 1889 Morgan Silver Dollar has a bald eagle sitting on a combination of branches and arrows with its wings spread out. A wreath surrounds part of the eagle and the words "In God we trust" are right above his head. The rim of the 1889 Morgan Silver Dollar has "UNITED STATES OF AMERICA" on top and "ONE DOLLAR" on the bottom, with a star separating the two phrases. The bald eagle was not an instant hit with the public when it first came out, but they came to love this symbol.

1881 Morgan Silver Dollar Value

The Morgan silver dollar has grown to be one of the more sought-after silver coins in the history of the United States. Created by George T. Morgan in 1878, the coins were released on a regular basis until 1904. The 1881 O Morgan Silver Dollar is easily attainable in mint condition, however the gem state is rare.

The popularity of the coins has risen since the 1960s and has lead to a high demand even today. Being one of the first successful commercially used silver coins of our country's history has been a deciding factor in it surviving so long.  Excellent features such as its size, mintages and silver content are major reasons for its continued fame.

As with all Morgan silver dollars, in 1921 they made a short reappearance but were melted down due to a government mandate.

1881 Morgan Silver Dollar Design

AmazinglydesignedbyGeorgeT. Morgan, even to this day, timethecoinisanalyzedandadoredbycoinindustry professionalseverywhere. Thecoinswerebeautifully made withtheThe coins were designed with the upmost integrity, with the face of Lady Liberty on the front side and a stuffed bald eagle on the back.
Designed with the rare reflective surface called a Deep Proof Like, the 1881 Morgan silver dollar is one of the most popular coins for collectors.

1881 Morgan Silver Dollar Value

The Morgan silver dollar is still to this day one of the most popular coins in America, with an increase in value happening almost every year.
Although these five cities minted the coin, the gem condition is still pretty scarce.
The content of the coin still holds tremendous value because it is made of 90% silver and 10% copper, and this quality makes it very sought after by collectors.
There are not many coins that have withstood the years like the Morgan silver dollars.

1881 Morgan Silver Dollar Mintage

The 1881 Morgan silver dollar was minted in five major cities: Philadelphia, Carson City, San Francisco and New Orleans.

9 million of the 1881 Morgan silver dollars were minted in Philadelphia. These can be identified because they have no mint mark presented on the coin.
In Carson City alone nearly 300,000 coins were minted with the mint mark of CC hidden strategically on the coin.
Most mint marks are found on the back side by the wreath.
The O Morgan silver dollars, which were minted in New Orleans, minted over 6 million coins.
The S Morgan silver dollars, which were minted in San Francisco, produced more than 13 million coins.
Both were prime reasons for the coin's popularity and pending survival for over 100 years.
Mint production of the Morgan silver dollars were suspended between 1905-1920 due to a lack of silver bullion supply, which caused the eventual end of its production as a whole in 1921.

Uncirculated MORGAN SILVER DOLLARS (1878 - 1904)

Brilliant Uncirculated Morgan Silver dollars, years and mints of our choice.

Price: $ 43.95

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In this episode of Spare Change we look at collecting Franklin half Dollar coins (50 cents). We discuss the history of the Franklin half dollar along with what to collect in the series. Special thanks to: APMEX (American Precious Metals Exchange) for supporting this episode. Their Website is : www.apmex.com Be sure and use the coupon code "SPARECHANGE4" The coupon expires 6

Set of 5 No date buffalo Silver nickels, dated 1913-1937

• All coins made from 0.75 part copper, 0.25 part nickel
• great for collecting
• great to have for economic emergencies
• Set of five coins

Quick Overview
These Buffalo Nickels have seen their share of use. Each roll contains 40 Coins with dates ranging from 1913-1937, even though you won't be able to distinguish dates!

Great for starter coin collecting or to keep handy in case of economic emergency.

Vital Statistics Summary

Key Coin Info

Designed by: James E. Fraser
Issue date: 1913-1938
Composition: 0.75 part copper, 0.25 part nickel
Diameter: 21.2 mm
Weight: 77.16 grains (5 grams)
Edge: Plain
Business strike mintage: 1,212

Price:

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1987 American Eagle Silver Dollar

• Choice BU Hand Selected Single
• Each struck from .999 Pure Silver
• Makes great gift

This Uncirculated American Eagle Silver Dollar was hand selected from an original roll and placed in a protective holder using cotton gloves. These coins, which contain one ounce of .999 pure silver make great gifts, prizes, collectibles and investments!

Price: $ 36.99

1921 Morgan Silver Dollar

• Named after its designer, George T. Morgan, this silver dollar is noteworthy and highly collectible because it is the last in U.S. Mint's series of "cartwheel" silver coins. The Morgan silver dollar was minted between 1878 and 1904, and again, for a final year in 1921. Al of the coins have been dubbed cartwheels because Lady Liberty, whose profile appears on the coin's obverse (front) is surrounded by a ring -or cartwheel - of stars. George

1921 Morgan Dollar. Philadelphia Mint. Last issue of this design.

Price: $ 29.95