The term refers to the quantity of United States silver dollars contained within a standard, cylindrical package. Such a package usually holds a specific number of coins, facilitating easier storage, handling, and trading. For example, one might inquire about the number of Morgan silver dollars that constitute a full, unopened collection.
Knowing the precise number of coins in a complete set is crucial for collectors, investors, and dealers. It affects valuation, inventory management, and the overall efficiency of transactions. Historically, these aggregated collections represented significant stores of value, reflecting the intrinsic worth of the contained silver.