Attention Coin Collectors!
If you're a serious collector of numismatics (or you aspire to be), this is a post you're going to want to read. 7k has acquired some highly sought after coins and we're ready to release them to our members.
This won't be a typical coin drop, or even a coin release, per se. We'll be adding these coins to the 7k Selected section of our website throughout this holiday weekend. So in between helpings of turkey, stuffing, pie, and leftovers you might want to check 7kmetals.com a time or two so you don't miss some very rare coins.
Ready to find out what we've got?
Buckle up. It's going to be an exciting ride!
Morgan Silver Dollars - Idaho Collection
The Silver Morgan Dollar was the first silver dollar produced by the US Mint after the Coinage Act of 1873. With a brief mintage period from 1878 to 1904 and then minted again in 1921. These beautiful specimens came from a private collection in California and were hand selected and sent to Florida to be graded by NGC.
That's the short version of the story. Since we have room here, we'll tell you the whole story. These Morgans were the private treasure of a professional coin dealer. He sold most of the coins that he came across during his career, but some he kept for his family's own treasure trove. They were collected one by one over the space of a lifetime. Only the best condition, rarest year coins were kept.
After the father passed away, the sons decided to share a large portion of these with the public. They offered them to us to share with our members. We sent them to NGC to be professionally graded and encapsulated. Now, these rare mementos from the past are ready to find their future homes in your collection, with your family.
How We Will List Them
Since there are so many different years, grades, and conditions within the Idaho Collection, here's how we will list them on 7k Selected:
- Idaho Collection Morgan Dollar MS63 Common Date
- Idaho Collection Morgan Dollar MS63 Good Date
- Idaho Collection Morgan Dollar MS63 Better Date
- Idaho Collection Morgan Dollar MS63 Key Date
- Idaho Collection Morgan Dollar MS63 Rare Year
- Idaho Collection Morgan Dollar MS64 Common Date
- Idaho Collection Morgan Dollar MS64 Good Date
- Idaho Collection Morgan Dollar MS64 Better Date
- Idaho Collection Morgan Dollar MS64 Key Date
- Idaho Collection Morgan Dollar MS65 Common Date
- Idaho Collection Morgan Dollar MS65 Key Date
- Idaho Collection Morgan Dollar MS66 Common Date
- Idaho Collection Morgan Dollar MS66 Key Date
- Idaho Collection Morgan Dollar MS63 Proof Like Common Date
- Idaho Collection Morgan Dollar MS63 D Proof Like Common Date
- Idaho Collection Morgan Dollar MS64+ Common Date
- Idaho Collection Morgan Dollar MS64++ Common Date
- Idaho Collection Morgan Dollar MS65+ Common Date
- Idaho Collection Morgan Dollar MS66+ Common Date
- Idaho Collection Morgan Dollar MS67 Key Date
Peace Dollar - Idaho Collection
This silver dollar is commonly known as the Peace Dollar. It was created to commemorate peace after World War I. In November of 1921 a contest was created to design the Peace Dollar and in December a design was agreed on. Production started quickly thereafter on December 26, 1921 in the Philadelphia mint where over 1 MILLION coins were minted before New Years! In 1965 this was valued at ONE US Dollar, today this same coin is worth more than 20 times that!
In addition to the Morgan Silver Dollars, the Idaho Collection also contained many excellent Peace Dollars. During the 1920s there were over 190 million Peace Dollars struck in the United States. Many were melted down during World War II, due to the Wartime Act of 1942. Many more were destroyed during the 1980s, when silver hit $50 per ounce. No one knows how many Silver Peace Dollars still exist today. That makes these well preserved coins even more rare and collectible.
Here is the complete list of Peace Dollars we have:
- Idaho Collection Peace Dollar AU58 Common Date
- Idaho Collection Peace Dollar MS61 Common Date
- Idaho Collection Peace Dollar MS62 Common Date
- Idaho Collection Peace Dollar MS62 Good Date
- Idaho Collection Peace Dollar MS62 Key Date
- Idaho Collection Peace Dollar MS63 Average Date
- Idaho Collection Peace Dollar MS63 Common Date
- Idaho Collection Peace Dollar MS63+ Common Date
- Idaho Collection Peace Dollar MS63 Good Date
- Idaho Collection Peace Dollar MS63 Better Date
- Idaho Collection Peace Dollar MS63 Key Date
- Idaho Collection Peace Dollar MS63+ Key Date
- Idaho Collection Peace Dollar MS63 Rare Date
- Idaho Collection Peace Dollar MS63 Rare Year
- Idaho Collection Peace Dollar MS64 Common Date
- Idaho Collection Peace Dollar MS64 Good Date
- Idaho Collection Peace Dollar MS64 Better Date
- Idaho Collection Peace Dollar MS64 Better Year
- Idaho Collection Peace Dollar MS64 Key Date
- Idaho Collection Peace Dollar MS64 Rare Date
- Idaho Collection Peace Dollar MS65 Common Date
- Idaho Collection Peace Dollar MS65 Key Date
- Idaho Collection Peace Dollar MS66 Better Date
Watch for these to appear in the 7k Selected section of 7kmetals.com sometime this weekend.
Morgan Silver Dollars - California Collection
The Silver Morgan Dollar was the first silver dollar produced by the US Mint after the Coinage Act of 1873. With a brief mintage period from 1878 to 1904 and then minted again in 1921. These beautiful specimens came from a private collection in California and were hand selected and graded by NGC.
The story of the California Collection is very similar to the Idaho Collection. The man who collected these Morgans saved the very best for his legacy and sold the rest to pay for his expenses toward the end of his life. The best part of this story is instead of his family being saddled with debt at the end of his life, all expenses were paid for and he still left a legacy of wealth. These coins are some of the best and came from a legacy collection of a very wise man.
- Cali Collection Morgan Dollar MS63 Common Date
- Cali Collection Morgan Dollar MS63* Common Date
- Cali Collection Morgan Dollar MS64 Common Date
- Cali Collection Morgan Dollar MS64+ Common Date
- Cali Collection Morgan Dollar MS65 Common Date
Watch for these to appear in the 7k Selected section of 7kmetals.com sometime this weekend.
Morgan Silver Dollars - The Great Montana Collection
A hoard of over 10,000 vintage Morgan Silver Dollars was recently discovered in a bomb shelter in Montana. Here's the story:
During the 1950s and 1960s, a Montana businessman named Zollie Kelman bought U.S. silver dollars in official 1,000-coin government bags. He then made a deal with an armored car company to drop off the bags at his home in Great Falls on the company’s regular route from Minnesota to Montana. Once he had the bags at his home, he carefully spread the coins out on his kitchen table where the entire family searched through the pile cherry picking coins for their quality, shine, dates and appeal. He later cleverly stored the coins in a concrete bomb shelter on his property.
In the 1970s, thanks to Kelman’s wagging tongue, word got out about his valuable hoard. One day, three men in masks raided Kelman's home looking for the booty. They held his family hostage and prepared to tear the home apart in search of the prized coins. Luckily, one family member managed to stay hidden and called the police. Within minutes, the house was surrounded by law enforcement officers. They freed the family and arrested the robbers. Had the attempted robbery been successful, there may never have been a Great Montana Collection!
We have secured a very small number of these. We will list them as "Montana Collection Morgan Dollar MS64 Common Date". Watch for them to show up in the 7k Selected section sometime this weekend.
Want to learn more?
- Grading Scale: https://www.ngccoin.com/coin-grading/grading-scale/
- One Hundred Years of Silver Dollar Coinage: https://www.usmint.gov/news/inside-the-mint/one-hundred-years-of-silver-dollar-coinage-1878-1978
One last thing: Unfortunately due to customs regulations, we're unable to sell them outside of the United States. We're so sorry for the inconvenience to our international members.
