Showing posts with label how much silver is in a silver dollar. Show all posts
Showing posts with label how much silver is in a silver dollar. Show all posts

Tuesday, 4 August 2015

Morgan Silver Dollar and Investment Trends

Morgan dollar is the coin that was minted in the 18th century in United States of America. The coin was named after its designer George T. Morgan. The obverse side of the coin has the image of lady liberty and the reverse side has an American eagle on olive branch. This widely known coin used to get minted in three mints that were in Philadelphia, San Francisco and Carson City. The Morgan silver dollar coin weighs approximately 27g having a diameter of 38.1mm. The coin’s composition was 90% silver and 10% copper. If we dig deep we will find that the coin’s history has been divided into two phases. Phase I was from 1878 to 1904 and the other phase that starts from 1921 on-wards.

The coin has traveled through the time and still holds the similar charm! There are many admirers of this coin who have a fine collection of this antique coin. The newly emerging trends in investment industry are now shifting towards new commodities. This new commodity includes precious metals especially silver, which is fast gaining popularity and so does the Morgan dollar coin. The coin is evaluated in following three categories in trading business namely ‘Good’, ‘Fine’ and ‘Extremely fine’. The cost of the coin depends on the quality of the coin. This process of close inspection is termed as PCGS grading. This system is used to determine the authenticity and condition of coin in order to mark its price accordingly.

These changing trends in investment industry are making people search for new option to invest in. Precious metals investment is emerging as a popular trend. Morgan silver dollar gets an edge in this situation. Morgan coins are the most popular coins ever minted in the history of coins worldwide! Investment in Morgan Silver dollar is a smart choice as silver is gaining strength in market and is considered as lucrative commodity by the investors.

Thursday, 4 June 2015

What are the Procedures for Determining How Much Silver is in a Silver Dollar

Silver coins are always considered to be a prized possession. This asset is valuable, and depending on it rarity, condition and various other parameters, it can be a good means to make some quick bucks. When it comes to determining the value of your silver coin, here are some procedures that can help you ascertain the quantity of silver in the coin.

First and the foremost thing to do in this regard is to determine the melt value of your coin. Using numismatic scale or coin scale as it is commonly know, can help you determine the exact weight of silver coin.

Once you are done weighing and scaling your coin on numismatic scale, research about the prevalent silver prices in the market. As silver is a traded commodity, its prices can vary sharply from one moment to another. When its about determining how much silver is in a silver dollar, major business media websites can help you with the exact prices.

Another way of discovering the value of silver dollar, is to look for the year in which the coin was minted. There are variety of US silver coins that range from most common to least valuable in general. The varieties of silver dollar include Bust dollars, Seated Liberty dollars, Morgan silver dollars and Peace dollars.

The last step of determining how much silver is in a silver dollar, is to ascertain the condition and market value of the coin. Examining the coin carefully while using a guide available on net, will easily help you determine the exact value of your silver coins accurately.

After you have followed the steps given above, all that’s left for you is to verify the prices with latest updated price guide for silver coins. Once you have the final value of silver dollar in your possession, go to a few coin dealers and get the best possible price. A few extra dollars in wallet is always fun! Isn’t it?

Tuesday, 5 May 2015

How Much Silver is in a Silver Dollar- Determine the Value of Your Coins

Silver is a trustworthy investment which in lieu of gold gained more populace among individual investors. The fluctuating stock market is a reason why people have shifted their interests from gold to silver. Though the value of silver is not closer to that of gold, but it is definitely far better and stable than gold. To determine an approx value of your coin, it is essential for you to understand its role in the market. Have an eye on the prices of the coins and keep on reading the updates from any genuine company.

Considering the fact that silver coins are one very endearing investment for many individuals who wish to secure their future. Dealers know the value of coins and regularly make efforts to buy coins from varied sellers. What he will pay you can tell the exact worth of your dollar. While buying a silver coins make sure you have that basic understanding about market and the trend of silver. Just read to know how you can know what is the value of your coin.
  • keep a regular check on the fluctuating market. Price of silver keeps on changing with the market trends.
  • While investing know the percentage of the silver in your coin.
  • Calculation becomes easier when you are acquainted with your coin.
  • You can even check the value of your coin from varied online sites, which provide calculated answers.
  • Awareness about silver, its updates and trends are easily available online. You will have to make efforts in finding a genuine one.
  • Dealers can as well provide you the information regarding the price and value of your silver coin.
There is no single way that can help you understand how much silver is in a silver dollar. Each coin has its own worth, which you can receive from varied people, be it from a dealer, a buyer or any genuine online portal.