Silver Just Made a Huge Move, Morgan Dollars Haven't - Yet

From time to time, markets move quickly and certain products get temporarily left behind. The current Certified Morgan Dollar market offers a clear real-world example.

On October 23, silver was trading at $49.50 per ounce, and our price on Random Year NGC or PCGS Certified Mint State 64 Morgan Dollars was $98.50 per coin.

Today, silver is over $64.00 per ounce - 30% higher in just seven weeks - yet our price on the same certified Mint State 64 Morgan Dollars is now just $97.50 per coin!

You read that correctly. Silver is up approximately 30%, while our prices on certified MS64 Morgan Dollars are actually LOWER over the same time.

We are seeing a similar dynamic in Gem Quality, Mint State 65 Morgan Dollars. Despite the sharp rise in spot silver, prices on higher-grade Morgan Dollars have languished, making these coins increasingly attractive for both collectors and silver-focused buyers. Our NGC or PCGS Certified MS65 Morgan Dollars are currently priced at $177.50 per coin.

Each Morgan Dollar contains 0.77 ounces of silver, representing roughly $49 of intrinsic value at today’s prices, and professional grading alone typically costs around $30 per coin. When silver rises and coin prices do not, the math becomes difficult to ignore.

We are also offering boxes of twenty MS-64 coins and boxes of twenty MS-65 coins at reduced per-coin pricing, and as always, a further 3.75% discount is available when paying by check or wire.

If you’d like to review current availability or discuss which grade and quantity makes the most sense for your goals, call us at (800) 928-6468.


Prices are subject to change due to inventory fluctuations and movements in the silver spot market. Act now to take advantage of this overlooked opportunity.


Austin Rare Coins & Bullion 


1-800-928-6468

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