$368.25. Your best bet would be to collect a VF-20 coin that would put you back by around $7250. Mintages of these coins were drastically different The Morgan Dollars had more in circulation than the Peace Dollars because of the Silver available at the time. Morgan Dollars. The value/worth is based off the coin in great condition. Updated on 11/4/2020 . 1892-O & P MORGAN SILVER DOLLARs Description: This listing is for a pair of beautiful original 1892 MORGAN SILVER dollars. They were designed by George T. Morgan, for whom the coin was colloquially renamed by numismatists and others involved with the coin hobby. Find our current Morgan Silver Dollars for Sale * Average prices indicate a range for average coins for those grades. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. The result was a highly exclusive coin that is sold above $247,500! Sign Up by entering the information below, Sign In by entering the information below. button button … Even though these coins are highly coveted, some collectors ignore them and confine themselves to the business strikes of other dates/mints. It is by far the most widely collected and traded numismatic coin in the world. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. This collection includes one “O” mint Morgan Silver Dollar from each year of the 1880s in circulated condition with most major design elements visible. The New York Bank Hoard Story. The New York Bank Hoard Story. Like most things, even coins are usually cheaper when they’re bought in bulk — versus in smaller quantities, or individually.. In terms of mintage in the New Orleans mint, the 1893-O was the lowest. It's the most valuable of the silver coins the United States has minted in the late 1800's and early 1900's partly because of it's size, and silver content. Perhaps the best thing about these Morgan silver dollar coins is their price. So you can multiply that times the current price of silver to find out the absolute minimum your coin should be worth. Looking to see how much your Morgan silver dollar is worth? Coins produced in 1878 and 1879 are especially popular as they are the oldest available on the market today. The obverse features a profile of a woman crowned with Liberty and the reverse displays an eagle with wings spread. This made it easier for tellers to handle the coins. This is not a coin you want to carry around in your pocket. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode! The coin came back in 1921 for just one year. Call 1-800-928-6468 today and let one of our Carson City Silver Morgan Dollar Specialists assist you. Morgan Dollars are among the most popular of all United States coinage. The "Morgan" design silver dollars was minted from 1878 to 1904, and again in 1921. After the Sherman Silver Purchase act of 1890, the Morgan Silver Dollar production was reduced dramatically in 1893. Find complete information on 1878-1921 Morgan Silver Dollars. Of the 880 Proof coins, around 700 exist today. This is a 30% loss assuming silver prices were unchanged; it would require silver to rise about 30% just to get back to break even. We took the images with and without flash and are sure that the people looking at this listing will know much more about these very collectible SILVER dollar coins than we do. The city from Nevada state had a very small population back then and the production of the Silver dollars put a serious financial strain in the small city. google_ad_width = 336; Our Coin Value Tables help collectors assess future performance of Morgan dollars. It stopped when the flow of silver dollars ended in 1964. google_ad_slot = "4149874786"; Here is a current list of the top 10 most valuable Morgan Silver Dollars from general circulation (updated: 2021). This seems to have largely begun in the 1930s with small banks and became "normal" in banks my family owned (or were stockholders in) in the 1950s and early 60s. Details about 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND See original listing. The 1901 Morgan Silver Dollar from the Philadelphia mint is the next most valuable in the list. The government kept records of the quantities refined as a means of aligning treasury supply and demand. While other countries began issuing silver bullion coins earlier, the Silver Eagle’s status as the only annual modern silver bullion series backed for weight and purity by the US government earned it preeminent status in the numismatic world. We have seen the history of Morgan dollars and how to go about collecting a Morgan dollar in Shopcsn blog earlier. An EF-40 would be ideal to collect as it would cost around $3500. While they were minted for just $1, they are both made of 90% silver. The Peace Dollars were then minted again in 1934 and 1935. This is the first time I have ever heard of these coins. Price movements from 1950 to the present for individual dates in this popular collector series are reported. There are also the Double-die reverse error issues that go up to $5000 at MS-60. Morgan silver dollars were issued from 1878 to 1904 – and after that, following a 17-year rest, one last time in 1921. That dream came true recently with the discovery of a large hoard of Morgan Silver Dollars that were hidden away for over 50 years in Wall Street Bank Vault. This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.A mere 100,000 silver dollars were struck at the San Francisco Mint in 1893, making this Morgan the lowest mintage issued for circulation in the entire series! The Birth of America's beautiful Morgan Dollar – Minted from 1878-1904, and once again in 1921, the Morgan silver dollar is one of America's most popular collectible coins. Compositionally, the coin is 90% silver and 10% copper. On Morgan dollars, the mint mark is found underneath the wreath surrounding the eagle. NI have a 1986 Silver Morgan dollar. The Peace Dollars were then minted again in 1934 and 1935. Morgan silver dollars, all composed of 90% silver and 10% copper (slightly less silver than sterling silver), were struck between 1878 and 1904, with a final minting in 1921. You can find coin values and coin prices for all Morgan Silver Dollars (1878-1904, 1921). The 1886-O coins were weakly struck as the coiners believed they were going into storage anyway! Morgan dollars, officially known as Liberty Head dollars, are among the most popular United States coins. history of Morgan dollars and how to go about collecting a Morgan dollar, 2016-W Congratulations Silver Eagle - PR70. America's Trusted Source of Numismatic Treasures. I see the pricing varies. It's sad that such a beautiful piece of history has been converted into a tool by unscrupulous \"rare\" coin dealers to rip off America's precious metals buyers. But none of these business strike coins exist today. Mint marks on Peace dollars appear on the lower left of the coin, just left of the eagle's tail feathers. The tables are structured to help collectors sort out those Morgan Silver Dollars which have demonstrated the strongest percentage gains over a long period of time. Study Morgan silver dollar coin values and trends. There are many numerous varieties and overdates, which makes collecting them both complex and interesting. Sort by: Relevance . The coins' are called by the name of the designer - George Morgan. Morgan Silver dollars are some of the most popular dollars the U.S. mint has ever produced. You could get an MS-63 at $4000. It is the dream of most coin collectors, to discover a hidden hoard of rare coins. You could get an AU-50 for $2250. The strike is average or below, but not often sharp, with a grainy and unattractive luster. The Carson City Morgan Silver Dollars were struck from 1878 using the Silver from the Comstock Lode. AU Morgan Key By Far The Hardest To Find Morgan Silver Dollar In The Series is the 1893-S. The coin came back in 1921 for just one year. The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921 and 2021. The coins looked terrible because of the space between the die and the coin. Even About Uncirculated … Just place a bid on the silver dollar of your choice and wait. It's the most valuable of the silver coins the United States has minted in the late 1800's and early 1900's partly because of it's size, and silver content. Many key production dates fall between 1878 and 1904. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. If there is not a mint mark on the coin, you can assume that it was minted at the Philadelphia Mint. The government also had silver reserves that were only to be used to melt and mint silver dollars. LOT of 4 Morgan Silver Dollars 90% 1880 1883 1888 1900 EXC DETAIL FREE SHIPPING. This entry was posted in Silver coins and tagged rare morgan dollars, morgan dollars on June 21, 2017 by lavanya kannan. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nation's great gold and silver rushes – particularly 1859 and the great Comstock Lode! As a collectible, Morgan silver dollars, minted between 1878 and 1921, have no real peer in American numismatics. These do not reference error coins, just the standard issued Morgan Silver Dollars. You could get an MS-60 of this coin at $5500. In addition, the earlier Morgan Silver Dollars also tend to carry a higher price tag. I’d like to check to see what mine are worth, Caught my interest so pulled out a few I had. Among the 10.7 million coins struck, around 2 million were put up for circulation and almost 8 to 9 million melted because of the Pittman Act. Morgan Dollars of 1921 Nearly two decades later, the Pittman Act was passed in 1918 as a solution to the huge amounts of unused silver dollars in American banks. But when selling these common Morgan Silver Dollars back to a dealer, you're likely to receive no more than a few percent above the melt value, making the all important buy-sell spread 30% or more. Equally, the US Mint only struck the silver Morgan … Commercial banks often put silver dollars into paper rolls of 20 coins. New Orleans and Philadelphia Mints. //-->. 1892-O & P MORGAN SILVER DOLLARs Description: This listing is for a pair of beautiful original 1892 MORGAN SILVER dollars. google_ad_client = "pub-8417283882784443"; Most years Philadelphia struck multi-million silver dollars, many years, tens of millions of coins. Silver Dollars. Further, collectors covet the earliest Morgan Silver Dollars. With respect to Morgan silver dollars, all Carson City minted coins are considered semi key date or key date coins. Only 300,000! You can find coin values and coin prices for all Morgan Silver Dollars (1878-1904, 1921). These huge numbers are reflected in affordable values on the chart for most dates. Today, just a fraction of the “O” mint Morgan Silver Dollars remain, and the coins from the pivotal 1880s are among the hardest to find. Because of the low mintage, even the lower grades are scarce. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. Even though the mintage was 6.9 million, they are rare in Mint-state conditions as probably almost all of them were placed in circulation and the rest melted because of the Pittman act. Please enter your email below and we will send you the confirmation link. For instance, in 1877, the mine produced $21 million worth of silver ($494,090,625 in today’s money). Peace Dollars circulated from 1921 to 1928, following the discontinuation of the Morgan Dollars. 1878-1921 Morgan Silver Dollars. We took the images with and without flash and are sure that the people looking at this listing will know much more about these very collectible SILVER dollar coins than we do. As a rule, you need to keep in mind that common date Morgan silver dollars that grade below AU-50 are only worth their silver bullion value. google_ad_width = 468; Morgan Silver dollars are some of the most popular dollars the U.S. mint has ever produced. Morgan Dollars and Peace Dollars are the most collected U.S. coins. They are quite rare in Mint-state conditions and even an MS-60 costs around $18,000. (adsbygoogle = window.adsbygoogle || []).push({}); 10 Most Valuable Walking Liberty Half Dollars, *list does not count the newer Presidential Dollars. Details about 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND See original listing. Historic Values Of Morgan Dollars. Already have an account? Congress suspended coinage of the silver dollar in 1904 but resumed it in 1921, when the last Morgan silver dollars were produced. Morgan Dollars in General . This is the first time I have ever heard of these coins. If you cant afford the higher grades, the business strikes could be had at around $2500 in MS-60. 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND: Condition:--not specified. Morgan Dollars and Peace Dollars are the most collected U.S. coins. Congress slowed the production of Morgan Dollars, finally halting it altogether in 1904 when the bullion supply for silver dollar minting had been exhausted. As a collectible, Morgan silver dollars, minted between 1878 and 1921, have no real peer in American numismatics. The Most Sought After Morgan Silver Dollars. Free … //--> Philadelphia struck just over 305 million Morgan silver dollars of the total 657 million struck from all mints combined. Coins minted in Philadelphia have no mint mark. Mint marks on Peace dollars appear on the lower left of the coin, just left of the eagle's tail feathers. JavaScript seems to be disabled in your browser. The Most Sought After Morgan Silver Dollars. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. I am honored … google_ad_height = 60; Pristine coins from the 1870s command higher premiums than most other Morgan Silver Dollars. Fine examples can be worth tens of thousands of dollars. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. Branch mint production of silver dollars slowed to record lows in 1893, especially at the San Francisco Mint, which struck just 100,000 examples. Just 100,000 of them! The pictures below show where to find mint marks on both silver dollars. /* 468x60 CoinTrackers Coin */ These famous silver dollars were struck from 1878 through 1904 and once more in 1921. The coins' are called by the name of the designer - George Morgan. The 1921-dated coins are the most common, and there exists a substantial collector market for pristine, uncirculated specimens of the rarer dates and mint marks . The availability of these sealed, certificated coins means that collectors would be well advised to pass on blemished examples. Of course, there are a few exceptions, especially for Morgan Dollars minted at Carson City, but most Morgan dollars on the market today never circulated as regular coinage. You could get a MS-60 for $1100 or a MS-63 for $8000. You could collect an MS-60 at $2000 or an MS-63 at $8000. It wasn't until 1918 that the reauthorization of the minting and mining of silver coins was passed. button button The Spruce Crafts. Value of 1891 Morgan Silver Dollar. While they were minted for just $1, they are both made of 90% silver. You will find data on past and present Morgan Dollar values. Call 1-800-928-6468 today and let one of our Carson City Silver Morgan Dollar Specialists assist you. The tables are structured to help collectors sort out those Morgan Silver Dollars which have demonstrated the strongest percentage gains over a long period of time. Around 3.2 million of the 1884-S Morgan Silver Dollars were minted and almost all of them were put up into circulation. Most Morgan dollars are relatively common and circulated examples are often worth little more than their intrinsic silver content value. Morgan Silver Dollars. LOT of 4 Morgan Silver Dollars 90% 1880 1883 1888 1900 EXC DETAIL FREE SHIPPING. google_ad_slot = "1160034269"; This issue in the lower grades are quite inexpensive and readily available. These huge numbers are reflected in affordable values on the chart for most dates. A few bags of these coins were released from the vault by the treasury and paid out at its cash value in the 1950s! Of the 450,000 that were minted, some were put up in storage, some melted and the rest (around 100,000) were put up for circulation. Here is a current list of the top 10 most valuable Morgan Silver Dollars from general circulation (updated: 2021). The 1878 Morgan silver dollar has a diameter of 38.1 mm and a mass of 26.73 grams. The Morgan gave way to the new Peace dollar design later that year. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! Click here to Sign In. As this totally new infographic explains below, shady marketers use deception and misinformation to unload Morgan Silver Dollars at prices WAY above their actual melt value or their resale value. As very few Uncirculated coins were retained in the mint when they were struck, coins in Mint-state conditions are quite rare. Mints struck the most collected U.S. coins to find, tens of thousands of dollars by around 18,000. 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