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<p>[QUOTE=&quot;kaparthy, post: 20071, member: 57463&quot;]Read the history of US numismatics.&nbsp; For instance, THE US MINT AND COINAGE by Donald Taxay or THE COMPLETE ENCYCLOPEDIA OF US COINS by Walter Breen.&nbsp; Most of this story is also in The Red Book, which costs about $10 and is available at your local library.&nbsp; We always say in collecting &quot;Buy the book before you buy the coin.&quot;</p><p><br /></p><p>The short story is that the Morgan dollar was a useless coin.&nbsp; It was created by an act of Congress in response to financial interests of the silver miners who saw the price of silver drop as its supply increased.&nbsp; Congress forced the US Mint to buy 2 million ounces per month and strike them into coins.&nbsp; Finally, the nonsense stopped.</p><p><br /></p><p>During World War I Britain was strapped for cash and in danger of losing her grip on India.&nbsp; I918 the US lent Britain $200 million in silver which came from melting silver dollars. In 1921, Britain paid the silver back and it had to be turned into coins. As a result, we have tons of 1921 Morgan Dollars and zero 1922 half dollars, quarters or dimes.[/QUOTE]</p><p><br /></p>

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