Hello and welcome to Silver Investing Simplified for 2024. You will find useful information on this site if you are just starting out on your silver coin investments or simply want to find out more about buying/selling silver.
Investing in silver isn't confusing if you have the right information. My goal is to provide you with information that can help you with your silver investment decisions. Just keep in mind that only you can decide if investing in silver is right for you. I take no responsibility for whatever silver purchases you decide to make.
>Silver spent the 12 months of 2023 treading water with a year end close of $23.78 versus a 2022 year end close of $23.98. Too bad it couldn't have at least matched gold's yearly gain of 13%. The high for 2023 was a few cents over $26.00 while the low was $20.01. If silver is going to do anything in 2024, its best shot will be to ride the coattails of gold which is setting up for a nice run in 2024.
In the section below you will find information on a popular silver coin. There will be a different coin featured on an irregular basis and they will include common, relatively inexpensive coins as well as those enjoying a higher rarity and higher price. I hope it helps with your investment decisions.
1921 was last year that Morgan dollars were minted for circulation. But these popular silver coins went out with a bang. A total of 656,967,304 Morgan dollars were minted over 28 years (1878 through 1904 and again in 1921) and 1921 accounted for 86,730,000 of that total. Of the five U.S. Mints that produced Morgan dollars, two were no longer in operation by 1921. The Carson City Mint ceased operation in 1893 and the New Orleans Mint ceased operation in 1909.
The Philadelphia Mint led the way in 1921 by producing a whopping 44,690,000 Morgans followed by the San Francisco Mint which added another 21,695,000. Lastly, the Denver Mint produced 20,345,000 with 1921 being the only year you will find the D mint mark on a Morgan Dollar. Despite what some shady dealers would have you believe they are not rare and do not have great value except in very special cases. You should be able to pick up a nice circulated Morgan (containing .7650 ounces of silver unless well worn) for about $35 and some uncirculated Morgans (containing .77344 ounces of silver) for not much more if you shop around. Click on either image for a larger view.
At one time, I sold silver and gold for one of the oldest and most reputable precious metals dealers in the USA. Now I want you to benefit from my experience. So stay tuned for more articles/updates on investing in silver. My goal is to make this site and it's sister sites, Silver Investing Guide and Gold Investing Simplified, among the most helpful gold & silver investing sites on the Internet. So if you are currently a silver investor or soon-to-be investor, come back again.
>Find
valuable buying/selling information on 12 of the most
popular US silver coins in my book The Last US 90 Percent Silver Coins.
Available in both paperback and eBook formats.
>Find
valuable buying/selling information on Peace and Morgan
dollars in the 3rd Edition A Guide to Buying and Selling Peace &
Morgan Silver Dollars. Available in both paperback and
eBook formats.
>Find
valuable buying/selling information on several of the most
popular Canadian silver coins in my book The Last Canadian 80 Percent Silver Coins.
Available as an eBook.