From a collecting point of view, this is THE key take away. The market will never be diluted by more Morgan silver dollars. A clear, but often overlooked, element to consider. Simple supply and demand is at play here.

Collecting coins is a fantastic hobby for young and old alike. To the uninitiated, it might seem boring or uninteresting – but nothing brings the history of the United States to life more than real US coins.

Historical silver prices have made the metal valuable as a crucial part of industrial components. It’s conductivity, resistance to corrosion, and malleability have made it so.

As people traveled and traded across continents they would exchange coins. People are always intrigued by the different, and some collected coins. Not just those made of precious metals but those that had unusual designs or from exotic locations.

Along with golden Canadian Maple Leafs, American Gold Eagles and South African Krugerrands, Silver Eagles are easily one of the most recognized and popular bullion coins in the world.

The silver dollar is making a comeback in a big way. This is because, at the time of writing, demand has been so strong the US Mint has run out of silver.