Popularity of Morgan Silver Dollars outside the U.S.

[BJM]

To fellow members who reside outside the U.S., how popular or collectible are Morgan Silver Dollars?  Morgans seem quite popular stateside, but I am unsure of their place in Canada, Europe, and Australia.

Thanks!

[sovereignsteve]

I collect them, not ardently at present but I have had bouts of enthusiasm in the past. They are a nice chunky piece of silver with lots of history.

[MrTT]

They are not popular.

[TeaTime]

I've bought them in the past simply because i like the historical aspect of them. They are always the first to be sold though when the price is right because they have very little aesthetic appeal and are, quite frankly, boring.  😁

The fineness of 90% i think puts people off also. More of a collector coin than a stacker coin...

I'm sure a lot of people start out thinking they'll go for a full set until they realise that getting good strikes is expensive and obtaining a full set is only for the wealthy (1895 P, anyone) !

 

[kena]

These are not very popular outside of the US since the history and folklore behind these coins are not really well known.  A few times I had to explain the appeal of the ones with the CC (Carson City) mint marks.  I used to carry an 1892 O (New Orleans) that I got from a bank around as a pocket piece.  I also wanted a CC one in the CSA (Government Services Administration) holder.

I have always wondered how many of Morgan and Peace dollars were melted when the Hunt Brothers tired to corner the market in silver, I can still remember dealers buying these from the public in 1979 when I was 17 and going to coin shows in South Florida.

[Silverman1985]

I am put off by these coins by the number of fakes that I hear out there. However did purchase my first couple of halves in the last number of weeks. 

[MrTT]

40 minutes ago, Silverman1985 said:

I am put off by these coins by the number of fakes that I hear out there. However did purchase my first couple of halves in the last number of weeks. 

Around 6 years ago, when i was living in indonesia.

I went to a market in Jakarta, at least 10 small shops had several hundred of morgan dollars each. There were thousands of morgan dollars.

All fakes from china, and they were trying to sell these as real silver coins.

[dicker]

I collect them but not in a terribly structured way.  There are a few folk who enjoy collecting them and I buy them when I am in the US.

They are genuinely nice coins and most are not fake but of course beware!

Best

Dicker

[Silverman1985]

25 minutes ago, MrTT said:

Around 6 years ago, when i was living in indonesia.

I went to a market in Jakarta, at least 10 small shops had several hundred of morgan dollars each. There were thousands of morgan dollars.

All fakes from china, and they were trying to sell these as real silver coins.

I had a similar situation in Eastern Europe in the summer at car boot sales. Many stalls of coin dealers and not a genuine coin among them haha. 

[Peacemaker]

Not too popular over here in the UK but there are collectors, I have noticed a spike in value over the past few years, long gone the days you can pick nice ones up below £15! 

[Mkman123]

I saw lots of fake ones in Thailand last time I went. I think honestly whatever country you are in, the local coinage is much more popular.