The 5 oz Morgan Design silver bar is an attractive and practical way to build your silver bullion assets. The purity and quality of this 5 troy ounce bar is guaranteed , because Gainesville Coins only uses ISO 9001-certified private mints located in the United States for its generic silver. The value of the 5 oz Morgan Silver Bar is based on the current price of silver. Emblazoned with the weight and purity below a representation of the obverse of the Morgan silver dollar, each bar is proudly marked “Made in USA.” The back of the bar is covered in a diamond grid pattern.
The 5oz Morgan Design silver bar brings you pure silver at a lower price per ounce than 1 oz bars, while still being extremely portable and fungible. Each purchase also helps maintain jobs here in the United States. Since the contracted mints making this bar for Gainesville Coins all adhere to the strict international ISO-9001 standard, these bars are eligible for inclusion in your Precious Metals IRA as well as being suited for regular purchase.
The famous silver dollar design by George T. Morgan was first minted in 1878, by Congressional mandate. Though extremely common during the late 1800s, over 270 million of them were melted down in 1918 to provide Britain with desperately needed silver bullion. Over 50 million more were melted in 1942 for use in the war effort in WWII. Appreciation for the Morgan dollar grew in the 1950s, and the publicity surrounding the discovery of Morgan dollar hoards in US Treasury vaults in the 1960s, the Redfield Hoard of 1976, and the Continental Illinois Bank Hoard of 1984 propelled the once-unloved Morgan dollar to the status of one of the favorite subjects of modern coin collectors.
Find out where silver prices are, along with a helpful chart.