A quantity of these historical United States coins, specifically those minted as silver dollars and bearing the Morgan design, can be measured by weight. Since the precise number of coins contained within a pound will vary based on factors such as wear and any potential non-silver dollar inclusions, the weight provides a tangible means of estimating a collection. For example, an individual might acquire this mass of coinage for its inherent silver value or numismatic interest.
The appeal lies in several aspects. The intrinsic precious metal content represents a tangible asset that can act as a hedge against economic uncertainty. The coins themselves hold historical significance, embodying a period of American history and artistic design. Furthermore, many collectors find value in the potential for specific dates or mint marks within the collection to hold a premium above their silver value.