Well, duh, how often do you think car dealerships have to hand back or make change after someone buys a car?
Well, considering that the 1,000 Morgans my grandfather had to buy that car was money he got from running roadside fruit and vegetable stores in Tennessee back in the 30s through 60s. I'd say that's plenty of evidence that some used them for circulation purposes to exchange for goods.
I like them because they are so unusual and the design is beautiful. They're also cool because they're a big hunk of silver!
I like them because of the design, size, and the history of them being minted a Carson City and New Orleans.
Amassing $1K in silver dollars over a 30-40 year period compared to how many were struck is like putting a gnat in a 50-gallon barrel. Chris
Did I say he ONLY amassed 1k total in silver dollars in a 30-40 year period? No. I'm sure he amassed well more than that, that's just one story my dad told me when he used 1,000 of them to buy a car. Geez, talk about taking context out of the story...
You're sure? Just how sure are you? Okay, I'll reprhase my statement. Amassing $30K in silver dollars over a 30-40 year period is like watching a gnats football game in the bottom of a 50-gallon barrel. Chris
They are big and have heft and some are common enough to fondle. Heck, they also sound good when you flip them while making decisions or choosing sides.
wow some beautiful natural tonning in some of those morgans. Never knew there was so much history involved in the coin.
I agree. to me they give me that western feeling. I picture gunslingers betting Morgans at a card game in a saloon. even though most gunslinging was before Morgans. plus they are inexpensive.
Deep Mirror Proof Like ... This one has good 10" mirrors. The book is a Morgan Silver Dollar Guide Book (seemed appropriate!)
Don't like them. I have a dozen or so, but I find them commonplace and dull. I have to admit the design lends itself to wonderful strikes. And the toning can be spectacular. But they're still pedestrian. Here's one I bought for the price of a wheatie AU. Color's correct too. Lance.
I like the size of a dollar and originally liked looking at Peace dollars better. I find the PeaceLiberty very attractive, as with Standing and Walking Liberties, and the Indian gold piece ($10?). Also of course St Gauden. Now, however, I've come to really enjoy the variety of Morgans. Also, as said above, the affordability of pretty uncirculated versions. I still don't like the design as well, but it's a package deal, along with the size, condition, and value. I just learned from the above the additional benefit of so many collectors.
rodeo - Yes, some of them did circulate. But the percentage of the coins that were actually used by people was about like how many people use the modern dollar coin - very dang few in other words. Would you say modern dollars circulate ? America has never liked the 1 dollar coin, not from day one. They simply do not circulate, and never have. Not like what cents, nickels, dimes and quarters do. Those coins circulate, meaning that just about everybody uses them on a daily basis. Dollars, they don't. And never have. As for what I like, yeah I like the Morgan. But I have always liked the Peace much, much, more.
Reading the posts to this thread: Morgans are big, silver, didn't circulate much, and have historical value. Now I know why American Silver Eagles are considered the modern day Morgan silver dollar. :smile TC
It makes one wonder whether or not the Treasury may be hoarding 500 million of the SAE's only to release them 50-60 years from now, so collectors can have fun scrambling to sell those they bought at high premiums before the prices drop too much. Do you think there is an SAE that will become the "Modern 1903-O"? Chris