Morgan dollars are one of the most collected types of coins.  The history of the coin is interesting as there was never really a previous need for silver dollars in the United States. However, on February 28, 1878, Congress passed the Bland-Allison Act, which required the Treasury to purchase between two to four million troy ounces of silver every month to turn coins into dollars. This was mainly due to the discovery of the Comstock Lode in Nevada which was extracting about $36 million in silver annually. George T. Morgan designed this new silver dollar. Millions of these silver dollars were minted with most of them being stored in bank vaults as reserves. They were really never used except in Montana and Las Vegas. As a result, there are many examples of Morgan dollars that have survived in mint state condition.

The "100 Greatest U.S. Coins" book is currently in its fourth edition by Whitman Publishing. The book features 100 of the greatest coins made in America. By no means does this book include all of the great rarities but it is extremely well written with beautiful pictures and stories of the coins in the book. Perhaps most significant from an investment standpoint is Appendix B in the back of the book which shows a track record of U.S. coin value information from 1960 to present. Click here to see which of the "100 Greatest U.S. Coins" are currently in our inventory.