What are Bullish US Rare Coins? To understand better what is meant by this term and to get the most out of the rare coin prices and trend data presented in this section of our website, we advise you to review the definition of Bullish US Rare Coins and a sample listing.
As we research additional coin collecting prices and generate new Coin Value Tables, more bullish coins be identified and posted.
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As a convenience for our coin collecting visitors, we've already searched through the value tables to bring you an introductory list of Bullish US Rare Coins. These valuable US coins have demonstrated some of the finest growth rates over a period of many years, and are likely positioned for continued price advancement over the long haul.
The Bullish US Rare Coins list is not all-inclusive. There are still plenty of opportunities for you to sleuth. The list does, however, provide many good examples of how to use the Coin Value Tablesto find United States coin values destined for more greatness. On each individual coin listed, there is a quick blurb on why the coin made the cut, plus any other pertinent fact or opinion we think you'll find interesting. For those of us who fascinated by the historical connections represented by coins, there is also a quick section on prominent events that occurred during the year a featured coin was minted.
Morgan silver dollars produced at the Carson City Mint have long been associated with the Old West tradition. Serious collectors and students of history revel in delight with the thought of owning coins of silver mined from Nevada's famous Comstock Lode.
The Morgan silver dollar originated in 1878 following the passage of the Bland-Allison Act. The new dollar was named after its designer, George T. Morgan. Political pressure by powerful silver mining companies, in a gambit to stabilize the price of their commodity at artificially high levels, created the impetus driving the legislative action.
Near the forefront of the Carson City parade is the first Morgan minted there, the 1878-CC. Of the 2.2 million produced, only a tiny fraction survive to this day, and most of them languished in US Treasury vaults for nearly a century before collectors finally recognized their desirability.
The Year This Coin Was Minted...
The year 1878 was a time of rapid ongoing change in America. Increasingly, people moved from farm country to ever-growing cities, transforming the nation from a rural, agricultural society to an urban, industrialized economy. Furthermore, immigrants arrived on US shores by the millions.
Technological advancements, mass production factories, and jobs helped fuel the rapid expansion of manufacturing centers. Railroads and improved communications connected once distant locations into one giant enterprising network. 1878 was the dawn of the Gilded Age, named so because of the many large industrial fortunes ruthlessly amassed during this era and the lifestyles supported by this ill-begotten prosperity.
Department store owner John Wanamaker of Philadelphia got a bright idea on how to leave his competition in the dark. In 1878, he installed arc lights on his retail floor, extending business hours to late in the evening. Also in 1878, the first telephone switchboard began operating in New Haven, CT, originally signing up 21 subscribers.
On the political front, the major event of 1878 was the passage of the Bland-Allison Act, a law that required the government to purchase vast quantities of unneeded silver. Internationally, Greece declared war on Turkey, while Emperor William I of Germany survived an assassination attempt.
During the 1870's, writer and humorist Mark Twain penned "The Gilded Age: A Tale of Today", a fictional novel poking fun at crooked government officials and their cozy relationship with leading citizens of society. Twain's book so effectively typified the prevailing ethos of the time, that historians often refer to this period in America's past as "The Gilded Age". (The word "gild" is from Old English "gyldan", meaning to overlay with a thin layer of gold to give an attractive but often deceptive appearance.)
