(MENAFN- GlobeNewsWire - Nasdaq) Providing investors and collectors access to historic American coins.
West Palm Beach, FL , Aug. 15, 2024 (GLOBE NEWSWIRE) --
Gibraltar Group
Gibraltar Group, LLC, a leading Gold and silver dealer, is adding the 1921 Morgan Silver Dollar to its exclusive offerings, reigniting interest in this iconic piece of American numismatic history. This coin, celebrated for its artistry and historical significance, is a coveted item for collectors and investors alike. By making it more accessible to all, the group empowers customers to own a piece of American history and contribute to the preservation of its numismatic legacy. Gibraltar Group is committed to upholding standards of quality, ensuring each 1921 Morgan Silver Dollar is a genuine and valuable addition to any collection.
The Significance of the 1921 Morgan Silver Dollar
The 1921 Morgan Silver Dollar is a coin rich in historical significance and cultural heritage. Reissued in 1921 after a 17-year hiatus, the Morgan Silver Dollar holds a special place in American numismatics. Its origin dates back to 1878. It was named after its designer, George T. Morgan, an assistant engraver at the US Mint. This coin represents the economic optimism of post-reconstruction America and the burgeoning industrial era.
The 1921 reissue is particularly notable because it marked the end of the Morgan Dollar series. It was the last year of its minting before the Peace Dollar took its place. This final issuance was part of a larger movement to retire the design and create new coinage that would symbolize peace following World War I. It was minted following the passage of the Pittman Act of 1918, which aimed to stabilize the silver market during a period of economic turbulence.
The coin is composed of 90% silver and 10% copper. It features a profile portrait of Lady Liberty on the obverse, embodying the spirit of freedom and democracy. Liberty is depicted wearing a Phrygian cap adorned with agricultural motifs, including cotton and wheat.
The reverse of the coin showcases a majestic bald eagle with outstretched wings, clutching arrows and an olive branch. This imagery represents the nation's readiness for peace and defense.
The 1921 Morgan Silver Dollar was produced in large quantities at three mints: Philadelphia, Denver, and San Francisco. Despite its large mintage, the 1921 Morgan Silver Dollar in pristine condition is a rare find, with uncirculated examples commanding premium prices in the numismatic market.
Why the 1921 Morgan Silver Dollar is a Must-Have
According to the NGC Price Guide as of August 2024, a 1921 Morgan Dollar in circulated condition is valued between $34 and $45. However, in pristine, uncirculated condition, these coins can fetch as much as $17,500 on the open market.
Investors and collectors are drawn to the 1921 Morgan Silver Dollar for several reasons. First is its historical significance. This adds an intrinsic value that's beyond metal content. Owning a piece of history that has witnessed pivotal moments in the nation's development is an intangible asset that many collectors find priceless.
Second, the limited availability of high-grade specimens enhances its investment appeal. While circulated coins are relatively accessible, uncirculated examples are rare and highly sought after. This scarcity drives up demand and value, making the 1921 Morgan Silver Dollar a coveted addition to any collection.
Moreover, the coin's value has appreciated over time. Historical data indicates that high-quality Morgan Silver Dollars have steadily increased in value due to their limited supply and the growing demand among collectors. This trend is expected to continue, particularly for uncirculated coins. This makes them a smart investment for those looking to benefit from long-term capital appreciation.
Third, the 1921 Morgan Silver Dollar also offers diversification benefits. Unlike stocks or bonds, rare coins are tangible assets that can withstand market fluctuations and economic downturns. They provide a unique way to diversify an investment portfolio, balancing risk and enhancing long-term value. The coin's enduring demand among collectors ensures its liquidity and appreciation over time.
Not to mention, the coin's aesthetic value cannot be overlooked. George Morgan's design is widely regarded as one of the most beautiful in American coinage. The detailed rendering of Lady Liberty and the majestic eagle showcase the craftsmanship and artistry of the time. The coin's historical narrative, tied to the economic and social changes of the early 20th century, adds depth and context to its appeal.
Gibraltar Group is a Trusted Partner in Precious Metals Investment
Gibraltar Group is proud to be one of the foremost providers of the 1921 Morgan Silver Dollar. With its rich history of serving collectors and investors, Gibraltar Group has curated a selection of these historic coins that meet the highest standards. In addition to the 1921 Morgan Silver Dollar, the company's extensive portfolio includes a wide array of precious metals and rare coins such as the 1 oz Silver Round Walking Liberty Sunshine Mint and the Asahi Silver Bars. The group's dedication to quality means that each coin is a genuine piece of history, meticulously preserved for discerning customers.
To help guide clients in their purchase, Gibraltar Group offers comprehensive support. Their team is knowledgeable and has valuable insights into the market. They also provide resources to help clients determine which coins or precious metals to invest in for their self-directed IRA. Their website includes detailed information about each coin, including its condition, provenance, and current market value.
Gibraltar Group also offers secure online purchasing options and insured shipping. Clients can choose distributions in metal or cash, and benefit from rapid buyback and purchasing price confirmation. They can confidently purchase the 1921 Morgan Silver Dollar, knowing they are supported by a company with a strong reputation for integrity and excellence in the numismatic community.
For more information about the 1921 Morgan Silver Dollar and other investment opportunities, please visit .
About Gibraltar Group, LLC
Based in West Palm Beach, Florida, Gibraltar Group, LLC is a leading provider in the precious metals and rare coins industry, dedicated to delivering exceptional products and unmatched service. Specializing in gold, silver, platinum, and palladium, Gibraltar Group offers a comprehensive range of products and services tailored to meet the needs of both novice and seasoned investors. With a steadfast commitment to authenticity and quality, every item is meticulously vetted to maintain its value and integrity.
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Company Name: Gibraltar Group, LLC
Contact Person: Matthew Hall
Contact Number: 866-460-1669
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