Silver Investing Guide Welcomes You

If you are just starting out on your silver investments in 2026 or simply want to find out more about buying and selling silver, you will find useful information on this site.

Investing in silver isn't that difficult with the "right" information. My goal is to provide you with that information with a series of useful articles on various silver coins, silver bars and related topics.

I want you to benefit from my previous experience in selling silver and gold for one of the oldest and most reputable precious metals dealers in the U.S. Just keep in mind that only you can decide if investing in silver is right for you. I take no responsibility for whatever silver purchases you make.

Riding The Silver Roller Coaster

The spot price of silver started 2025 at $28.26 and ended the year at $71.545. Although the price of silver was in the low $80s for a short time, the actual daily closing high for the year was $79.27. Then in January 2026 when spot silver was knocking on $120's door (it reached $116.55) we were sure (well pretty sure) it was going to keep heading for new high after new high. Or as Ralph Kramden would say "To the moon, Alice, to the moon". Unfortunately, something happened on that moon shot as silver prices took a deep dive in early February to around $80. And it has bobbled around before slowly declining even more. There should be no doubts about the volatility of silver after this. It goes to show you that whoever is pulling these strings still enjoys a lot of influence and power.

If you decided to take some profits as spot silver approached its highs, congratulations. If not, this not the time to sell. If you decide this a good time to add to your holdings, don't be too surprised to find some dealers not willing to sell much of anything at these low prices. They will be waiting for prices to spring back somewhat which I'm hoping we see in the second quarter. It helps to keep checking with the major dealers, some of which I list in the books I have authored (shown below).

In the section below you will find information on a popular silver coin. There will be a different coin featured on an irregular basis and they will include common, relatively inexpensive coins as well as those enjoying a higher rarity and higher price. I hope it helps with your investment decisions.

The 1904 Morgan Silver Dollar

Three U.S. Mints produced the 1904 Morgan silver dollar: New Orleans (3,720,000); San Francisco (2,304,000); and Philadelphia (2,788,000). After these 8,812,000 were minted, it would be another 16 years before another Morgan was struck, that being 1921 which was its last year before the Peace silver dollar took its place.

The coin you see (click on either image for a larger view) has no mint mark appearing on the lower reverse (above the D and O) and, therefore, was minted in Philadelphia. Like all Morgan and Peace dollars, this coin contains .77344 ounces of silver if it hasn't been in circulation. For circulated silver dollars (showing some wear on the images) it is considered to contain .7650 ounces of silver unless heavily worn. This coin is in very good condition and would probably be graded AU 55 or 58.

Although the Philadelphia and San Francisco mint totals are not too far apart, the San Francisco Morgans are significantly more valuable. You should be able to pick up a nice circulated Philly or New Orleans Morgan in Very Fine condition for around $60 to $70 (as of end of March 2026) whereas a VF Morgan with an S mint mark is valued at around $120 and in AU condition around $1500.

More Silver Investing Information To Follow

Stay tuned for more information and commentary on Silver Investing. My goal is for this site to be a reliable source of useful information on silver investing. So if you are currently investing in silver or a soon-to-be investor, bookmark this site and come back again. And take a look at some of the books I have authored. They contain good, solid information on silver coins you would do well to become familiar with. Click on either book for more information.