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<p>[QUOTE=&quot;RaceBannon, post: 1502926, member: 25357&quot;]I really like Morgans.&nbsp; So do many collectors as evidenced by their popularity.&nbsp; As far as the design goes, they may not be the most beautiful coin out there.&nbsp; But what draws me to them is the interesting history behind them.</p><p><br /></p><p>I&#039;m a bit of a history nut, and history is really a big part of what draws me to numismatics in general.&nbsp; The history behind the Morgan dollar is truly fascinating.&nbsp; Just a couple of quick historic facts that draw me to the series and some reasons I enjoy collecting them. </p><p><br /></p><p>-The Bland-Allison act that created the Morgan dollar, was passed as a concession to silver miners in the 1870&#039;s. </p><p>-Many Morgans never circulated, and were stored in government vaults for years. </p><p>-Many millions more were melted down in the early 1920&#039;s, no doubt creating instant date/mm rarities.&nbsp; </p><p>-Some did circulate out west, on what was the frontier at the time due to mistrust in govt issued paper money.</p><p>-As recently as the 1950s some casinos issued them at face value from slot machines or at the gambling tables.&nbsp; There might be some on this forum who even remember those days.</p><p>-In the early 60&#039;s bags that had been stored in govt vaults for decades were re-discovered and released to the public.&nbsp; Many previously super-rare Morgans became fairly common, the 1903 O is one of these.&nbsp; </p><p>-You can collect them in many different ways, a full business strike set by date/mm.&nbsp; You can assemble a set just from one mint, collecting only those from the Carson City mint or CC mint is a popular set.&nbsp; </p><p>-You can collect a date set relatively inexpensively.</p><p>-You can still get a common date/mm for under $30.</p><p>-It&#039;s a challenge to assemble a complete business strike set, especially in higher grades.</p><p>-Each coin still has intrinsic silver value.[/QUOTE]</p><p><br /></p>

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