Becoming Who You Want To Be

When we were children, many of us had hobbies of collecting items. There is one place where you can still buy and sell the Morgan silver dollars – http://www.buy-morgan-dollars.com . These silver dollars were minted from the year 1878 to 1904 and then later in 1921. Several changes took place in America throughout the period of the Morgan dollar.

Previously, this dollar was not that popular of a coin and was overlooked by many collectors for decades. The collection of Morgan dollars became famous only until the early 1960s. Silver was priced around $1.29 per ounce during this time. A lot of banks had bags and rolls of silver dollar and one just had to go to the bank and ask for them.

Until the Coinage Act of 1873 came in the dollars were coined on and off. This reduced the dollar and it was replaced by a slightly larger dollar called the Trade Dollar. The main aim of making this was to export it for trade with China. After this the government underwent a lot of changes and some more acts were passed. 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 purchases $2,000,000 to $4,000,000 a month in silver bullion, etc. were some changes that occurred.

The 7th March 1878, was when the Morgan dollars were coined. It happened just a week after the Bland-Allison Act was passed. The first dollar was cranked by the Philadelphia mint after a lot of adjustments of the dies. After a few rejections, the press was adjusted and 11 more coins were made. These coins were further struck on the polished planchets, removed by hand and put in numbered envelopes with the intension to deliver the first coin to the President and 2nd to the Secretary of the Treasury – John Sherman and the 3rd to Linderman.

http://www.buy-morgan-dollars.com gives us an opportunity to buy and sell the Morgan dollars by the way of bidding. Their store has the Morgan dollars 1878 to 1904 and 1921. There are quite a few rare coins available on this site like: 1893-O Morgan in Mint State condition, the 1892-S Morgan Silver Dollar which is very rare to encounter in uncirculated condition.

The term VAM is an acronym for “Van Allen – Mallis.” It’s very difficult to put a value to a VAM. Some are rare but some are very common and easy to find. But this site gives us few rare VAMs like: 1893 VAM-4 Morgan Dollar have 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.