Build Your Coin Portfolio…On a Budget

Let's face it. As much as we might like to, we all can't spend $50,000 on a historic, high-grade coin.

For astute investors, the rare coin market continues to outperform the price of bullion. Looking back in 2017 that means a $20 Saint Gaudens gold coin outperformed the gains seen in a one ounce Gold Eagle coin.

If you are looking to diversify your portfolio, which may include stocks in your 401k to some recent dabbling in cryptocurrencies, buying hard assets including gold and silver bullion, investment grade coins and circulated coins is a smart investment opportunity.

Getting Started

The good news is that there is a price point for all coin investors. For those who want to build or add to their collection on a budget, a Silver Morgan Dollar is an excellent choice. These coins are an inexpensive way to increase your silver holdings in a thoughtful and savvy manner.

  1. Circulated Silver

The Morgan Dollar is a U.S. coin that was minted between 1878 and 1904, and then again in a limited production in 1921. Many collectors consider The Morgan Silver Dollar to be the premier coin design created by George T. Morgan.

The Coin Description

On the obverse:  Lady Liberty's head dominates the striking face of the coin and is surrounded by the date, 13 stars and the phrase E Pluribus Unum, which is Latin for "Out of Many, One."

On the reverse: the American bald eagle sits on a branch with his wings spread out dramatically, while gripping arrows in one of its talons. The work of art is surrounded by a 3/4 wreath and the motto "In God We Trust" is emblazoned above the eagle's head. If there is a mint mark, it sits below the wreath.

See a photo here:

1921 Circulated American Silver Morgan Dollar                 $22.00*

See an earlier version of the Morgan Dollar here:

1883-CC Morgan $1 PCGS MS65                                            $609*

*subject to market price changes, which can occur daily.

The Dramatic Meltdown of Morgans

During the initial production phase between 1878 and 1904 there were over 500 million Morgan Dollars minted. They aren't rare. But, roughly 75% of those 500 million were melted down over the years, which has reduced the supply dramatically.

Over 270 million silver dollars were melted down in the U.S. in 1918, in efforts to help finance World War I, the majority of those were Morgans. It was the Pittman Act that called for their replacement, which opened the door to the last production cycle of Morgans ever minted in 1921.

Major melting occurred not only in 1918, but again in 1942 after the Wartime Silver Act and then again during the gold and silver price spike of 1979-1980 which saw silver skyrocket to about $50 an ounce.

Are you interested in buying these historic gems? Blanchard has created a new offering that allows you to easily increase your silver holdings, no matter your budget. Blanchard has a special right now: investors can purchase 10 Morgan dollars in a coin group set for $220 and free shipping. Learn more here.

Call Blanchard Today

Gold and silver prices are already on the move. Precious metals posted significant gains in 2017 and Wall Street expects further gains in 2018. Call Blanchard today to find out more about why now is a great time to add to your coin portfolio. Our portfolio managers can easily identify the best investment opportunity for every budget.