Silver Morgan Dollars coins, named after George T. Morgan (designer), and were minted between 1878 to1904 and again in 1921 by US treasury department. Each coin weighted around 24.057 grams and had a silver purity of .900. As these coins valued par with the silver bullion they remained in high demand in both pre and post minting period. The minting process of these coins was carried on in all four famous mints of the United States.
Carson City Mint was set up at Caron City in Nevada-USA for minting the Morgan Dollars silver coins during the greatest silver strike of Comstock Lode in 1950s exactly in the same fashion as the San Francisco Mint was built to mint gold coins during the gold strike from California. Between 1970to 1993, 50 issues of silver coins and 57 issues of gold coins were minted in this mint. These coins bears "CC" mint mark on the front side of the coin just below the feathers of the Eagle between the letters "D" and "O" in the word "DOLLAR". However, after 1895 till 1993 this mint switched to become the US Assay Office for gold and silver and ultimately bought by the Nevada state in 1939 from the Federal Government.
So named because of its designer George T. Morgan, the Morgan silver dollar is one of the most collected silver coins that the United States Mint produced. This silver coin can be used as a great investment piece or can be a part of your prized US coin collection. Budget-friendly with a great history attached to it, you can't go wrong with adding a Morgan silver dollar to your collection.
The 1888 silver dollar was widely circulated so while some are definitely going to be valued higher than others, you should be able to easily find an 1888 silver dollar. But just what is the 1888 silver dollar coin value? Let's take a look at some of the factors that determine the value of a coin.
It is important to remember, at all times, that the value of your coins is always going to be based on the grade assigned to them. With the exception of, perhaps, the bullion coins that are more valued because of the gold, silver, or platinum that they are made of, your coin's grade will help you to not only determine its value but also help you to ensure that you get a fair price when buying or selling.
Of the silver dollars produced, which include the Peace dollar and the seated liberty dollar, the most popular was and still is the Morgan silver dollar. Although it is still considered to be legal tender today, no one would be so foolish as to spend one when it only carries a face value of $1.00.
In the world of coin collecting today, Morgan silver dollars have an intrinsic value that varies based on condition, year and mint location. As coin collecting advanced over the years, other factors came into play that have greatly affected a Morgan dollar's worth such as VAMs. This stands for Van Allen - Mallis and mainly speaks to the variations and the diversity of dies that existed during the production of these dollars. Since each VAM can potentially be tied to a specific year or a specific mint mark, the list of different possible combinations that can affect rarity value is quite extensive.
Morgan dollars were minted from 1878 through 1904 and then once again during 1921. Following production in 1921, the Morgan silver dollar was replaced with the Peace silver dollar. The name Morgan comes from its designer, George Morgan. All Morgan dollars have a silver content of 900. This means each one is 90% pure silver.
The 1883 Morgan Silver Dollar was made at Philadelphia, New Orleans, Carson City and San Francisco. Many people want to what an 1883 Morgan Silver Dollar is worth or is it better to have a 1878 Morgan Silver Dollar first year of issue.
As with anything else the condition of your coin is very important for this year you want to have in brilliant uncirculated condition. With the exception of Carson City and San Francisco the other mints for this year will have a value under $50 if not bu.
We will take a look at mints so we can have a better picture for this year.
1883 Philadelphia: As you may or may not know mint state 60 or better is where brilliant uncirculated begins if you believe you have a coin in mint sate 65 or above consider getting it graded. Do not let the toning on a coin fool you the Morgan Dollar you see here is actually in "ms" 68 condition doesn't get better than that.
The term silver dollar is often used for any large white metal coin issued by the United States with a face value of one dollar, although purists insist that a dollar is not silver unless it contains some of that metal. Silver dollars, the first coin issue, were minted beginning in 1794. Introduced in December 1921, the Peace Silver Dollar, designed by medalist Anthony de Francisci, was introduced to commemorate the signing of formal peace treaties between the Allied forces and Germany and Austria. The American Silver Eagle is the official silver bullion coin of the United States. It was first released by the United States Mint on November 24, 1986.
The design on the coin's obverse was taken from the "Walking Liberty" design by Adolph A. Weinman. The reverse was designed by John Mercanti and portrays a heraldic eagle behind a shield. As far as variety is concerned, the first significant variety of the Silver Eagle series appeared in 2008 and is known as the "2008-W Silver Eagle Reverse of 2007 Variety. As a result of the ongoing global recession, the demand from investors for precious metals as a hedge against inflation and economic downturn has surged. This increased demand began to affect the availability of American Silver Eagle bullion coins in February 2008 when sales to authorized dealers were suspended temporarily. The Seated Liberty Dollar is a coin issued by the United States government from 1840 to 1873. Its obverse and reverse were both designed by Christian Gobrecht. These seated liberty silver dollars are really a rarity in the true sense of the term. The United States Trade Dollar is a silver dollar coin that was issued by the United States Mint and minted in Philadelphia, Pennsylvania, Carson City, and San Francisco from 1873 to 1885. The coin was designed by William Barber. The Gobrecht Dollar was an American silver dollar coin that was minted in small quantities from 1836 to 1839. It is named for its designer, U.S. Mint engraver Christian Gobrecht.
1889 Morgan Silver Dollar was one of many silver dollars that was designed by George T. Morgan and minted in the United States in the time span of 1878 to 1904. Morgan started his minting career as an assistant engraver and worked up to becoming a Chief Engraver. His excellent design skills kept him as Chief Engraver for eight years. Although his name is famous for many U.S. coins, he is most known for The Morgan Dollar.
Morgan Silver Dollars
Morgan Silver Dollars have become very popular with coin collectors and are still very sought after today. They are very sturdy and have help up through many years, as investments as well as collection items. Their durability is the result of the high amount of silver that goes into each coin, over 24 grams per coin. The Morgan Dollar is worth a lot more than its original value because of the high silver content. The content of the 1889 Morgan Dollar is .900 silver and .100 copper with a total weight of 26.73 grams.
Rainbow Morgan Dollar is toned coin which exhibit rainbow-like colors and have been universally admired by collectors. Their rarity amongst a sea of white and dipped coins is a pleasure to see and almost always brings a smile to the faces of those lucky enough to handle these, the most beautiful US coins.
Collectors are attracted to the wide hues and patterns which can develop on the silver dollars over time. Coins with attractive rainbow toning can demand strong premiums above white or non toned coins.
Find a selection of available coins below, including examples graded by PCGS and NGC.
1879 Morgan Silver Dollars were minted at 4 US mints, many people want to know the values of their 1879 Morgan Silver Dollar. In order to know the value of your Morgan Silver Dollars you need to know a few things first.
The most common Morgan Dollar for this year is from the Philadelphia mint which have no mint mark. Now if it is in exceptional condition, mint state 65 or above it can be worth quite a bit. Look at the high points of the coin like the eagle feathers you want to see a high luster and no signs of wear.
Some facts about the 1879 Morgan Silver Dollar mintage
Circulation strikes: 14,806,000
Mint mark: none
Next we go to the 1879-S:Unless you have this coin in a brilliant uncirculated condition the value may be at $40 or less. If you think you have this coin in a very high condition mint state 65 get it graded A rare 1879-S has a flat-breasted reverse like early 1878 varieties. This Reverse of 1878 variety is rare in Uncirculated condition, very rare in Proof like.