The practice of offering United States silver dollars, specifically Morgan dollars, in bulk based on weight is a phenomenon observed within the numismatic and precious metals markets. This approach typically involves selling these coins without individual assessment of their collectable grade or rarity, focusing instead on their intrinsic silver value.
This method of acquisition can provide an accessible entry point for those interested in accumulating silver bullion. It bypasses the premiums often associated with graded or certified coins, offering the potential for a lower cost per ounce of silver. Historically, Morgan dollars circulated widely and contain approximately 0.7734 troy ounces of pure silver, making them a tangible and recognizable form of precious metal investment. However, the value may vary depending on the weight.