by: www.OfficeJax.Has.It The online surplus outlet store home and office desks partitions furniture ps3 bicycles jewelry diecast models and collectables
We would like to thank the local libraries, schools, and universities for recommending students to visit us when doing research on any of our information topics.
The Top Five Morgan Silver Dollars
Why waste everyone's time? Let's skip the appetizers and get to the meaty stuff right now: The Morgan silver dollars poised to increase the most in value in the years ahead are the 1895, 1892-CC, 1894, 1878-CC, and the 1883-CC. Pretty bold prediction, eh? At this point, the reader now has three options: (1) Stop reading and act upon this information, (2) Stop reading and get on with life, or (3) Continue on, evaluate the analytical approach to identify the "Top Five" Morgan dollars, and then implement a variation of (1) or (2) above. If you've gotten this far, we encourage you to continue on with option (3).
First, a little background info on the Morgan silver dollar?
The Morgan silver dollar is today one of the most popular of all collector coins. First minted in 1878 following the passage of the Bland-Alison Act, the new dollar was named after its designer, George T. Morgan. Political pressure by powerful silver mining companies, in a gambit to stabilize the price of their commodity at artificially high levels, created the impetus driving the legislative action. Bland-Alison led to the overproduction of silver dollars, resulting in millions of these unused "cartwheels" languishing in bank and Treasury vaults. Indeed, few coins have ever been released under more dubious circumstances than Morgan silver dollars. Minting continued until 1904, and then again for one more year in 1921, when the series finally came to a close.
For decades thereafter, Morgan dollars were largely snubbed by hobbyists. Many dates, including those in mint state condition, could be obtained for as little as $1.00. This situation shifted dramatically in 1962, when the US government began selling original 1000-piece silver dollar Treasury bags to the public at face value. Stories of rare dollar finds circulated widely, touching off a veritable Morgan mania. Within a matter of months, all but a small fraction of the federally owned coins were transferred from government vaults to private hands, consequently expanding the Morgan dollar collector base far beyond anything seen previously.
Since then, Morgan silver dollars have proudly perched themselves atop the catbird seat of the numismatic world. Their physical size, availability, beauty, and historical significance have consistently attracted herds of new buyers. Numerous boom-turned-bust cycles have come and gone, sometimes driven by pure speculative motives, but from a long-term perspective, most Morgan dollar prices have trended somewhat positive.
Unlike some controversial promoters in the past, I do not propose purchasing Morgan silver dollars simply as investment vehicles. However, for collectors hoping to satisfy their numismatic yearnings AND acquire coins destined to be worth substantially more in the future, Morgan dollars do present a few opportunities. As noted above, as a whole, Morgans have gained moderately in value over the years. The crucial challenge, then, is to identify which members of this series have enjoyed the best growth patterns in the past. The underlying logic is clear: coins that have demonstrated the strongest gains over a long period of time are the coins best positioned to show similar price advancements with the continued passage of time.
In order to measure past performance and thus visualize Morgans most likely headed toward a bullish future, I developed a systematic approach. First, I researched individual Morgan dollar retail prices as they existed in 1950, for a broad range of conditions, and entered this data on a computer spreadsheet. Moving forward in time, values from the years 1980, 1995, and 2000 were likewise recorded. Finally, estimated selling prices in 2005 were juxtaposed with counterpart data from those earlier years. Because grading terminology has evolved over the 55 year period, certain assumptions were made to progressively track price movements throughout the time spectrum (e.g. an "Uncirculated" value in 1950 is equivalent to the "MS-60" of today).
For each date and condition, compounded annual return rates were computed from 1950 to 2005. [Editorial note: compounded annual return rate is the accepted yardstick for comparing investment performance. Of course, coins do not grow at a guaranteed uniform rate, such as bonds do, but if a coin is purchased at a certain price, and that price is compared with the value of the coin at some later date, the compounded annual return rate can be calculated for the time period in between]. Return rate computations were made from 1980 to 2005, 1995 to 2005, and 2000 to 2005. For each Morgan dollar, the data was placed in tabular format.
Next, I calculated a "composite" score for each date by averaging all the compounded return rates computed for that date. I then ranked all the "composite" scores. The Morgan silver dollars with the highest scores are as follows:
So, it would appear, based on past performance over a period of 55 years, the 1895 is the Morgan silver dollar with the best hope of appreciating significantly in the years ahead, followed by the 1892-CC, 1894, 1878-CC, and 1883-CC. Not surprisingly, dollars of the Carson City Mint occupy 13 of the top 16 positions, thanks to persistent collectors scrambling for bona fide artifacts of the romantic American West. On the opposite end of the rankings, Morgan silver dollars having the bleakest long term prospects include the 1898, 1899-O, 1884, and the 1888-O, followed by the 1897 coming in dead last with a score of 2.66.
Anyone whose dual objective is to acquire Morgan silver dollars with a bullish future ought to begin looking at the "Top Five" above. Purchase coins in the best condition you can afford, but be sure the coins are clean, problem-free, and CERTIFIED by a reputable grading service. Be prepared to hold for at least five years. Morgan dollars have skyrocketed in value in the last three years, so some cooling off may be in order before the next upward cycle.
If a polling firm were to survey the population of US coin collectors, it is very possible that Morgan silver dollars would win the vote as the most appealing coin in American coinage history. These beautiful coins have been the heartbeat of the hobby for many years, with no retreat in sight. Ironically, these same coins spent the better part of a century hidden away in government vaults, unseen, unwanted, and unloved. My, how times have changed!
MORE RESOURCES updated Sun. January / 24 / 2021
How do you develop a new hobby that you actually want to maintain? The Globe and Mail
Head to a letterboxing trail for some fun Norwich Bulletin
Take care of your Self | News, Sports, Jobs Morning Journal News
Save money and relax by rediscovering hobbies | Community Richmond Register
Embrace The Winter With Audubon's Snowflake Daze From Feb. 6-7 Jamestown Post Journal
At the Library: Let the library be your hobby incubator The Westerly Sun
Beyond the Trivia-Popular Hobbies krcgtv.com
Manitoba Artists To Share Inspiration By Exchanging Crafts - Steinbachonline.com - SteinbachOnline.com
Manitoba Artists To Share Inspiration By Exchanging Crafts - Steinbachonline.com SteinbachOnline.com
Hobby Lobby to move into former Eastpointe Kroger location, Clarksburg, West Virginia, officials say - WV News
Hobby Lobby to move into former Eastpointe Kroger location, Clarksburg, West Virginia, officials say WV News
Webs yarn store owners say sale brings online expertise, customer-research focus to 47-year-old family busine - MassLive.com
Webs yarn store owners say sale brings online expertise, customer-research focus to 47-year-old family busine MassLive.com
What's Wrong with the Way We Work The New Yorker
Meet State College's Regina Brannen, The Queen of Cheese WJAC Johnstown
In the Spotlight | 'I really love doing that': Retired judicial assistant knits, weaves bears for local support program - TribDem.com
In the Spotlight | 'I really love doing that': Retired judicial assistant knits, weaves bears for local support program TribDem.com
Wanda M. Bilovecky | Obituaries | swoknews.com The Lawton Constitution
Rubama: What did you do during the COVID lockdown? This former Western Branch coach wrote a book. - The Virginian-Pilot - Virginian-Pilot
Rubama: What did you do during the COVID lockdown? This former Western Branch coach wrote a book. - The Virginian-Pilot Virginian-Pilot
News - Local News: The website for Neston News, Features, Events, Information, Business & Comment (Neston) - AboutMyArea
News - Local News: The website for Neston News, Features, Events, Information, Business & Comment (Neston) AboutMyArea
7 Quarantine-Friendly Hobbies to Try Right Now Real Simple
Tiny Box Launches New Website as Customers Turn Craft Hobbies Into Businesses | News - Craft Business
Adult Winter Reading begins next week | News | rapidcityjournal.com Rapid City Journal
Got the lockdown blues? Check out #YRStayConnected NewmarketToday.ca
Google trials ability to shop from YouTube videos on mobile InternetRetailing
Manufactured Homes Have Features to Serve Your Changing Needs, Says Michigan Manufactured Housing Association (MMHA) - Yahoo Finance
Manufactured Homes Have Features to Serve Your Changing Needs, Says Michigan Manufactured Housing Association (MMHA) Yahoo Finance
11 unique at-home craft ideas to see you through quarantine, creatively goodhousekeeping.com
50 Hobbies for Men You Can Start at Home The Trend Spotter
Local hobby and craft specialists seeing uptick in consumer interest Charleston Gazette-Mail
Widen Your Horizons: Hobby & Craft Books 2020 Publishers Weekly
Best hobbies to do at home while self-isolating Stylist Magazine
30 Best Hobbies for Women - Creative Activities to Fill Your Free Time - GoodHousekeeping.com - GoodHousekeeping.com
30 Best Hobbies for Women - Creative Activities to Fill Your Free Time - GoodHousekeeping.com GoodHousekeeping.com
Planet Fitness Offering Free Classes On Facebook To Help People Get Back Into Shape In 2021 - CBS Baltimore
Planet Fitness Offering Free Classes On Facebook To Help People Get Back Into Shape In 2021 CBS Baltimore
Crafting new hobbies to get through 2020 INQUIRER.net
16 Best Gifts for Crafters 2021 - Gift Ideas for Craft Lovers GoodHousekeeping.com
'Trying to find positivity': UNC athletes find hobbies during COVID-19 The Daily Tar Heel
People Have Gone Full 1800s The New York Times
The Best New Hobbies to Try During Quarantine (That We’ve Written About) New York Magazine
'I kind of needed something to do': Picking up new hobbies during social distancing - The Daily Tar Heel
'I kind of needed something to do': Picking up new hobbies during social distancing The Daily Tar Heel
How To Stay Busy At Home During The Coronavirus Outbreak — & Support Small Businesses At The Same Time - Refinery29
How To Stay Busy At Home During The Coronavirus Outbreak — & Support Small Businesses At The Same Time Refinery29
A pandemic winter is a great time to start a new hobby Minnesota Public Radio News
Easy hobbies to try that could help make you feel less anxious, from yoga to gardening - Insider - INSIDER
Easy hobbies to try that could help make you feel less anxious, from yoga to gardening - Insider INSIDER
Not a crafter? Here’s why you should consider becoming one during the pandemic. - The Washington Post
Not a crafter? Here’s why you should consider becoming one during the pandemic. The Washington Post
This Crafting Machine Sparks so Much Joy, Especially if You Love Sending Cards (and Immaculate Organization) - Real Simple
This Crafting Machine Sparks so Much Joy, Especially if You Love Sending Cards (and Immaculate Organization) Real Simple
Endangered Crafts and the Destinations Keeping Them Alive The New York Times
Hobby Lobby scheduled to open to the public mid-September Sault Ste. Marie Evening News
The local store that will help keep your kids entertained all summer long WDIV ClickOnDetroit
I like crafting Newsday
Toronto millennials embrace old-timey hobbies Toronto Star
Hobbies That Make You Money U.S News & World Report Money
8 New Hobbies To Discover During Quarantine StyleBlueprint
14 relaxing and nostalgic crafts you can do at home that will remind you of childhood - Insider - INSIDER
14 relaxing and nostalgic crafts you can do at home that will remind you of childhood - Insider INSIDER
The Best Deals to Perfect Your Winter-Proof Hobbies The New York Times
4 Beginner Kits For Creative Hobbies That Relieve Stress HuffPost Canada
15 Best Craft Kits for Adults in 2020 GLAMOUR UK