True Wealth Radio

11/26/2018 The History of the Morgan Silver Dollar   The Morgan silver dollar was first minted from 1878-1904, and again in 1921. Following the passage of the Bland-Allison Act in 1878, which required the U.S. Treasury to purchase a specified amount of silver to be circulated as silver dollars, Morgan dollars quickly stockpiled in the Treasury and bank reserves. The act was passed during the height of the bimetallism movement in America, or the use of both silver and gold standards. With tens of millions of coins minted in a particular year alone, Morgan dollars continue to be one of the most widely circulated silver bullion today. How Much Silver is in a Morgan Dollar? They contain 90 percent silver and 10 percent copper, which makes them easy to buy and sell at lower prices. While common date Morgan dollars are often close to the spot price of silver, The low mintage, high-grade coins can sell for thousands of dollars each. The Demand for Silver Dollars While Congress deliberated over the silver question i