I wish I could say it's been a lazy Sunday today, but so far I've been busy getting things ready for Christmas. I've been opening boxes that have come from Amazon and then gift wrapping the items. Fortunately, it's much easier now that my son is grown, but I still have gifts for other family members and neighbors to prepare. I no longer put a whole lot of effort into decorations around the house, so that has made it easier!
Rather than share my very poor gift wrapping skills, I decided to go with some silver for this Sunday. Why? Because I'm a silver fanatic and have had the silver bug since I was a kid. Today I picked one in particular only for it's date, 1888. My friend 
I love collecting Morgan silver dollars because of the age in which the were produced. It was still the days of the Wild West in the United States and so much of the country was still wide open country. It was a time you could seek your fortune in gold mining in California, Arizona, Colorado and many other places. It's fun to wonder who might have handled this coin, and what it was spent to purchase. If only coins could talk...
So here is the silver dollar of the day, a Morgan Dollar from 1888 minted in Philadelphia, Pennsylvania:
About the coin:
from numista.com
While this coin is far from pristine, as it would have would have looked coming out of the front door on the mint, it's still in great shape. In it's current condition I would guestimate that it's worth around $100, with a silver content value of $51.95 as of the time of writing this post. The Morgan Dollar always demands a premium even in circulated condition as it's an iconic coin and part of the age of the Wild West.
If you don't own one yet, it's a great coin to pick to up that you're sure to enjoy. Although the Peace Dollar is by far prettier, the details in the Morgan make it may favorite. Plus, don't forget the silver content either! You get the great artistry of the coin together with the precious metal, definitely a win/win!
Silver
Silver over the last five days from kitco.com
$67 per Troy ounce, not too bad...
It's hard to share any silver right now without talking about the silver markets. I have been reading multiple articles lately by the "experts" who all anticipate silver to outpace gold in the coming year. The shortages of silver look to be with us for the foreseeable future as demand is by far outpacing refining capacities.
Additionally silver is used in automotive parts, solar panels, medical devices, water filters, aircraft engine bearings, x-ray film, electronics and not to forget jewelry. Silver is just about everywhere in today's world which is why governments and individuals are hording it due to it's scarcity. It's great investment and I've invested in it since I was a kid and I won't be stopping any time soon!
If you haven't started your own stash, today is the day. Start small and continue to purchase more regularly and soon you'll have an impressive stack of silver! It a great way to increase your personal wealth and can be passed down to your children.
I hope you all have a great Sunday and that it's been an enjoyable weekend. Please feel free to leave any questions or comments below, and thanks for all of the support. I really do appreciate all of your support and friendship!
References:
https://www.kitco.com/charts/silver
https://www.usmoneyreserve.com/news/executive-insights/what-is-silver-used-for/
Disclaimer
I am not a financial planner and this isn't financial advice. Please always do your own research before investing your money. You worked hard enough to earn it!
All pictures are mine unless otherwise indicated.
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