Navigation: | Home | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16| 17 | 18 | 19 | 20
 

The Top Five Morgan Silver Dollars


Why waste everyone's time? Let's skip the appetizers and get to the meaty stuff right now: The Morgan silver dollars poised to increase the most in value in the years ahead are the 1895, 1892-CC, 1894, 1878-CC, and the 1883-CC. Pretty bold prediction, eh? At this point, the reader now has three options: (1) Stop reading and act upon this information, (2) Stop reading and get on with life, or (3) Continue on, evaluate the analytical approach to identify the "Top Five" Morgan dollars, and then implement a variation of (1) or (2) above. If you've gotten this far, we encourage you to continue on with option (3).

First, a little background info on the Morgan silver dollar?

The Morgan silver dollar is today one of the most popular of all collector coins. First minted in 1878 following the passage of the Bland-Alison Act, the new dollar was named after its designer, George T. Morgan. Political pressure by powerful silver mining companies, in a gambit to stabilize the price of their commodity at artificially high levels, created the impetus driving the legislative action. Bland-Alison led to the overproduction of silver dollars, resulting in millions of these unused "cartwheels" languishing in bank and Treasury vaults. Indeed, few coins have ever been released under more dubious circumstances than Morgan silver dollars. Minting continued until 1904, and then again for one more year in 1921, when the series finally came to a close.

For decades thereafter, Morgan dollars were largely snubbed by hobbyists. Many dates, including those in mint state condition, could be obtained for as little as $1.00. This situation shifted dramatically in 1962, when the US government began selling original 1000-piece silver dollar Treasury bags to the public at face value. Stories of rare dollar finds circulated widely, touching off a veritable Morgan mania. Within a matter of months, all but a small fraction of the federally owned coins were transferred from government vaults to private hands, consequently expanding the Morgan dollar collector base far beyond anything seen previously.

Since then, Morgan silver dollars have proudly perched themselves atop the catbird seat of the numismatic world. Their physical size, availability, beauty, and historical significance have consistently attracted herds of new buyers. Numerous boom-turned-bust cycles have come and gone, sometimes driven by pure speculative motives, but from a long-term perspective, most Morgan dollar prices have trended somewhat positive.

Unlike some controversial promoters in the past, I do not propose purchasing Morgan silver dollars simply as investment vehicles. However, for collectors hoping to satisfy their numismatic yearnings AND acquire coins destined to be worth substantially more in the future, Morgan dollars do present a few opportunities. As noted above, as a whole, Morgans have gained moderately in value over the years. The crucial challenge, then, is to identify which members of this series have enjoyed the best growth patterns in the past. The underlying logic is clear: coins that have demonstrated the strongest gains over a long period of time are the coins best positioned to show similar price advancements with the continued passage of time.

In order to measure past performance and thus visualize Morgans most likely headed toward a bullish future, I developed a systematic approach. First, I researched individual Morgan dollar retail prices as they existed in 1950, for a broad range of conditions, and entered this data on a computer spreadsheet. Moving forward in time, values from the years 1980, 1995, and 2000 were likewise recorded. Finally, estimated selling prices in 2005 were juxtaposed with counterpart data from those earlier years. Because grading terminology has evolved over the 55 year period, certain assumptions were made to progressively track price movements throughout the time spectrum (e.g. an "Uncirculated" value in 1950 is equivalent to the "MS-60" of today).

For each date and condition, compounded annual return rates were computed from 1950 to 2005. [Editorial note: compounded annual return rate is the accepted yardstick for comparing investment performance. Of course, coins do not grow at a guaranteed uniform rate, such as bonds do, but if a coin is purchased at a certain price, and that price is compared with the value of the coin at some later date, the compounded annual return rate can be calculated for the time period in between]. Return rate computations were made from 1980 to 2005, 1995 to 2005, and 2000 to 2005. For each Morgan dollar, the data was placed in tabular format.

Next, I calculated a "composite" score for each date by averaging all the compounded return rates computed for that date. I then ranked all the "composite" scores. The Morgan silver dollars with the highest scores are as follows:

Date: Score:
1895 11.37
1892-CC 10.54
1894 10.43
1878-CC 10.28
1883-CC 10.25

So, it would appear, based on past performance over a period of 55 years, the 1895 is the Morgan silver dollar with the best hope of appreciating significantly in the years ahead, followed by the 1892-CC, 1894, 1878-CC, and 1883-CC. Not surprisingly, dollars of the Carson City Mint occupy 13 of the top 16 positions, thanks to persistent collectors scrambling for bona fide artifacts of the romantic American West. On the opposite end of the rankings, Morgan silver dollars having the bleakest long term prospects include the 1898, 1899-O, 1884, and the 1888-O, followed by the 1897 coming in dead last with a score of 2.66.

Anyone whose dual objective is to acquire Morgan silver dollars with a bullish future ought to begin looking at the "Top Five" above. Purchase coins in the best condition you can afford, but be sure the coins are clean, problem-free, and CERTIFIED by a reputable grading service. Be prepared to hold for at least five years. Morgan dollars have skyrocketed in value in the last three years, so some cooling off may be in order before the next upward cycle.

If a polling firm were to survey the population of US coin collectors, it is very possible that Morgan silver dollars would win the vote as the most appealing coin in American coinage history. These beautiful coins have been the heartbeat of the hobby for many years, with no retreat in sight. Ironically, these same coins spent the better part of a century hidden away in government vaults, unseen, unwanted, and unloved. My, how times have changed!

Author Daniel J. Goevert is the webmaster of US Coin Values Advisor (http://www.us-coin-values-advisor.com), specializing in coin value trends and listing bullish US coins. Other offerings include detailed coin collecting advice as well as an illustrated history of the United States and the US Mint.


MORE RESOURCES:
Home and Family:Crafts Hobbies Articles from EzineArticles.com
11/13/2019 03:46 PM
Various Types of Model Kits
Do you like assembling model kits? Manufacturers make assorted model styles from paper, wood, plastics, and metal. We may design models with our personal creativity and imagination. Another option is to buy retail kits that need assembly.
11/01/2019 01:03 PM
Types of Model Train Tables
The model train needs a strong and sturdy surface to allow tracks to accommodate stationary and moving trains. The surface needs to be level, smooth, and support the weight of a train with its decorator items. The decorator items include buildings. Light poles, scenery, miniature people, people, animals, and other accessories.
10/29/2019 01:20 PM
How to Use Seashells in Your Craft Projects
Why do people use shells in craft projects? Because the finished products will be memorable, unique, original, and different. There are no limits to using shells for any personal, household, or outdoor project. Anyone can make seashell arts and crafts.
09/16/2019 09:25 AM
Halloween Costumes - Recycle Ideas for Adults
If you are a very busy person you may wish to recycle last year's Halloween costume for a new look or to save time. It is not difficult to do so. Here are some suggestions to get you thinking about how to redesign the costume.
07/23/2019 05:35 PM
3D Puzzles for Mental and Physical Fitness
Are you a mentally active person? Do you like to solve puzzles but at the same time perform physical movements? 3D puzzles may be the answer for you. These types of puzzles will be beneficial for both mental and physical fitness.
07/10/2019 10:20 AM
Paint by Number Frequently Asked Questions
A Quick Answer to the most frequently asked questions about paint by numbers. We strive to provide the best information for the PBN community.
07/10/2019 09:58 AM
Quilting Is a Hobby for Everyone
Quilting is very much like working on a picture puzzle. Each square, triangle, circle, or strip is sewn together using a pattern guide which repeats itself until the project is completed. Hand quilting, machine quilting, or a combination of both may be used.
07/08/2019 12:01 PM
Paper Mache, DIY
Paper mache is an inexpensive hobby as any paper is readily available and can be recycled to make any art and crafts projects. Children and adults can participate in this hobby depending on the simplicity or complexity of the project.
07/31/2018 10:33 AM
Treasure Hunting - Playing Hide & Seek With Gold - Part 2
"Gold is where you find it." - Unknown OK... that may be true, but that does little to give us clues as to where gold actually is hiding. In part 1 we talked about water, and how water can concentrate gold into "pockets," and how we can identify the probable location of some of those pockets by imagining where flood stage water would be fast, and where that water would slow down. These are not the only places gold can hide, though. Here are a few other tidbits of gold lore. Once again, I'm going to concentrate on gold that is in waterways and river beds.
07/26/2018 09:57 AM
Thinking of a New Hobby? Consider Collecting Stamps of India
"Hobby" can be termed as an interesting activity that you indulge in, to occupy your mind in your free time. A question you should ask yourself is whether your hobby is beneficial in any way.
07/17/2018 02:46 PM
Treasure Hunting - Playing Hide & Seek With Gold Part 1
Finding gold is not a matter of chance. Finding gold is a matter of understanding some physical properties of gold and how it interacts with its environment. In essence, it's playing Hide & Seek... with gold.
07/15/2018 10:35 AM
Making Doll Clothes As A Hobby
Have you been making doll dresses for your children as well as others? If you enjoy making these tiny garments then you have discovered a delightful hobby. On the other hand, if you have been looking for a hobby to challenge your creativity and sewing skills look no further.
06/22/2018 10:21 AM
Master the Skills of Cardboard Art and Be Successful
What is a Cardboard? Cardboard is a general term for heavy duty paper-based products that have a great thickness, durability, strength and some other attributes of a paper, i.e., fold-ability, rigidity and the impact of resistance. It is also sometimes called corrugated paper.
06/06/2018 08:12 AM
Model Building As A Hobby
Are you considering model building? Model building is a hobby which can be done by anyone. There are two choices. You may wish to create and design a model or you may choose to purchase a model building kit of your interest. It is a hobby which can be everlasting.
06/03/2018 06:46 PM
Wearing Beaded Flowers
Bead flowers can be a part of your everyday jewelry, as well as being an important accessory on some very special days. For everyday accessorizing, use them as hair decorations. A sweet headband of beaded flowers in a little girl's favorite color will be treasured for years. If the little lady you have in mind favors hair combs or clips instead of a headband, you can accommodate her easily by adding a flower to a comb or clip.
05/16/2018 02:21 PM
How Much Are My Autographs Worth?
A guide to enable you to get a better idea of how autographs and signed photos are valued. What affects the value of a signature or a signed photo?
05/01/2018 08:47 AM
3 Proven Ways To Display Your Lego Minifigures
Lego minifgures have added an entirely new dimension to Lego play. And thanks to the introduction of individual minifigure packs, they have become the most popular way to collect Lego. This article shows you creative ways to display them at home.
04/29/2018 06:30 PM
From Flax to String
Have you ever wondered where that ball of string came from? With many uses, textiles are something we use every day...
04/29/2018 06:30 PM
Uses For String
Not just for tying things together anymore, string has hundreds of uses. And by string I mean twine, jute, cord, cotton, and the list goes on.
04/29/2018 06:29 PM
Crafting With String
Sting is a versatile product that has many uses. How many things can you make with string?
04/27/2018 08:22 AM
The Growing Model Car Industry
In recent years, it appears as though die cast cars have grown wildly in popularity. Although model cars might seem to be the type of product that many would consider a toy, that is far from the truth. Companies like classic carlectables have a large base of older fans.
04/26/2018 09:05 AM
How To Create Lego Displays That Get Noticed
If you enjoy building Lego then you need to read this article. It provides you with several creative ideas on how to display Lego sets that match your home decor.
04/19/2018 11:03 AM
Treasure Hunting & Hobby Symbiosis
Treasure Hunting is a recreation that is incredibly fulfilling as a hobby. But, that doesn't mean it has to be your ONLY hobby. Treasure hunting (metal detecting, gold prospecting, ghost town hunting, and rock hounding) can be integrated into several different hobbies and recreations, including hiking, camping, climbing, climbing, hunting, fishing, photography, generalized exploring, and... ham radio?
03/09/2018 10:22 AM
The Best Rubber Stamping Projects
I am excited to present ways to add your personal touch to your projects with rubber stamps. Rubber stamps make it easy to enhance all of your gifts, cards, envelopes, tags and more.
03/07/2018 10:02 AM
Let's Talk Metal Detector Accessories
Metal detecting can be a great way to enjoy the outdoors, connect with history, and even get some much needed solitude. But, like any other activity, having the right equipment can make all the difference between tolerance and true enjoyment. Here, I go over some of the accessories you can get for your metal detector to increase the fun and productivity of the hobby.
03/07/2018 08:17 AM
Buying an Affordable Sewing Machine for Crafting
If you are new to the craft of sewing and want to purchase a sewing machine here is a little help in getting started. Research is worthwhile because it will familiarize you with lots of new terms in the world of sewing and thereby shorten the learning curve.
03/02/2018 04:32 PM
What's the Best Metal Detector?
Metal detectors, like just about any consumer item, comes in a huge variety of sizes, capabilities, colors, and especially... price. But, which is the best? One thing is for sure. High cost does not necessarily translate into high performance. It depends more on you and what you're going for.
03/02/2018 09:39 AM
Treasure Hunting - Where to Begin
Treasure hunting is fun... plain and simple. It's fun if it's a hobby. It's fun if it's a recreation. It's fun if it's a vocation. But, a lot of people just don't know how to get started. Whether you're wanting to get into Treasure Hunting for yourself or as a family activity, starting is not as difficult as you might think.
02/16/2018 03:36 PM
7 Tips to Boost Sales at Craft Shows
Have you ever thought about selling your handmade crafts at local craft fairs? It's a great way to make money sharing the craft creations you love to create. But when you invest money in a booth it's important to make the most of your time and effort at the show.
02/06/2018 11:11 AM
Spread Your Love With Handmade Valentine Cards and Crochet Decorations
What's better than to receive a loving card on Valentine's Day, handmade by a loved one? Homemade cards and crochet decorations are personal and unique, and they are definitely not mass-produced. Often it can be hard to come up with a great idea, but there are many ways to find inspiration that will help you get started.
01/18/2018 04:32 PM
Stained Glass - Project Ideas
The art and craft of stained glass has been with us for over a thousand years. Mediums include working with glass, plastic, and paper. There are kits or we can be creative and design and paint our personal preferences. This art and craft hobby can be done by men, women, and children of all ages.
12/26/2017 11:28 AM
5 Reasons to Have Handspun Yarn in Your Stash
A quick introduction into the world of handspun yarn and why you should try it. This article discusses five reasons why handspun yarn should be a part of your stash!
12/18/2017 03:56 PM
What to Expect From a 3D Pen
A 3D pen is much like an ordinary pen, but a lot bulkier and uses plastic instead of ink or lead. The 3D pen is built with special heating technology that creates enough heat to turn the plastic into a liquid material.
11/27/2017 03:34 PM
Where to Find the Best Wool Shops
These days there are many things to take up your leisure time and so people do not learn to knit like they used to. However, there are still many diehard fans of knitting, but these craftspeople cannot always find the supplies that they need. Some major retailers do carry generic wool but if you want something a little different - and what knitter doesn't - then you need to go to a specialist wool shop.
11/24/2017 09:34 AM
Budget Allowance For Hobbies
Should you budget for a hobby? Your income level and your heart's pursuit have much to do with your choice of hobbies or interests. Learn which hobbies are best for your level of income.
10/16/2017 08:12 AM
Halloween Masks and Costumes
Boo! Scary creatures and monsters designed to cast out evil spirits have people wearing spooky masks and costumes. The costumes and accessories may be bought, rented, or hand crafted. Halloween night may be celebrated at public functions, private parties, block parties, and in some neighborhoods going door to door announcing "Trick or Treat."
10/13/2017 10:17 AM
Nature-Related Crafts for Kids
Are you looking for some nature-inspired activities to do with your kids? Do you want something different than common indoor activities and outdoor playing?
10/11/2017 08:36 AM
20 Rubber Band Hacks to Simplify Your Life
Bet you didn't know that rubber bands had so many unexpected uses. Here are 20 rubber band hacks that can help you solve everyday problems.
10/06/2017 04:35 PM
Health Benefits Of A Hobby
Enjoy is the keyword for the number one reason people embrace a hobby. Enjoyment brings happiness, contentment, success, and feelings of pride and achievement. In return the body responds with mental and physical good health. A person feels like they are having a good day and it feels great to be alive.
10/06/2017 12:12 PM
How to Make a DIY Rustic Wooden Sign
All of our rustic wood pallet signs are made in our shop but we wanted to share how we build our signs in case you wanted to build them yourself. Anyone with the right tools, materials, and patience can do what we do in our shop every day to make your very own DIY rustic wood pallet sign. This post is a step by step guide on how to build your own rustic wood sign.
10/04/2017 09:48 AM
Beaded Flowers - When Things Go Wrong
What could possibly go wrong when you're making bead flowers? Here are some of my real-life scenarios, and how I dealt with them.
09/28/2017 10:46 PM
The Concept of Escape Rooms
Escape rooms are rising in their popularity. Basically, they are a physical adventure game where players are required to solve different puzzles by making use of hints, clues as well as strategy so as to be able to complete set out objectives. Usually, the player has a time limit set in which he needs to have unveiled the ploy hidden within the rooms.
09/27/2017 11:53 AM
12 Mind Blowing Craft Ideas With Tissue Paper That You Can Do at Home
Tissue paper is one of the most favourable items which can be used as gift wrapping, wiping and so on. Though many usages are promoted about tissue paper, it is an underrated item to make various craft projects for kids.
09/26/2017 10:19 AM
Cherished Change Quilts
Quilting inspires legacy. Throughout generations this art has undergone many changes, but all create lasting beauty. By hand, quilting began.
09/14/2017 10:22 AM
All About Sewing Machines - Research and Review
Sewing Machine - A machine that uses thread to stitch fabric and other materials together is called a sewing machine. The main purpose behind the invention of sewing machines was to decrease the amount of manual sewing work performed by workers of several companies. The credit to the invention of the first working sewing machine goes The English Inventor and Cabinet Maker, Thomas Saint in the year 1970.
09/11/2017 07:44 AM
Starfish and Seahorse Resin Crafts
Are you a sea animal lover? Do you know how best to incorporate this into artistic decorations in your home? There are various sculpturing that is done to create different models such as seahorse and starfish models. The resin is one of those materials used to make the models. Read on to know more about these great arts and how you can use them as ornaments.
09/10/2017 08:59 PM
Here's Why Everyone Should Have a Hobby
What if you could do something right now that would benefit your well-being overall, and allow you to tap into the best part of yourself, which also means discovering the best of who you are? You might be using this strategy now without considering the benefits of it or how it helps you manage stress. What I am referring to is being involved in a hobby or form of pastime activity, doing something that could involve more than working on a crafts type of project. A hobby is a project or activity that allows you to change your thought process while being involved in a productive or creative process.
09/08/2017 03:53 PM
Rajasthan Art & Craft
Rajasthan (literally, 'Lands of kings') is India's largest state by area. It is among the richest states in the country as far as the field of art and craft is considered.
09/08/2017 03:16 PM
Quilt Making - A Hot New Pastime
A pastime revived in recent years is that of quilting, meaning making your own quilt. Who would have guessed that with all the ready-made quilts available today that people everywhere are gravitating to making their own? Here is an overview of what goes on in that process.
09/05/2017 08:09 AM
3D Puzzles - It's A Bigger Challenge Than Jigsaw Puzzles
Jigsaw puzzles are fun, interesting, relaxing, and adventuresome as we assemble the pieces to create a whole picture. Puzzles are available for children and adults. Puzzles are used for hobby interests or professional careers.


home | site map |