It marked the first $1 coin issued in the U.S. in five years (aside from the "Trade dollar"). Many other less-famous dates had lower mintages, but many 1889-CC Silver Dollars had an early demise. This means the coin is worth $17.96 based off its silver content alone. Morgan Dollars are large and heavy coins that are made out of silver which is relatively soft and malleable. You're probably thinking: That's quite a wide range! [22] Supporters of the act believed that an increase in the amount of silver purchased would result in inflation, helping to relieve the nation's farmers. 1901 Morgan Silver Dollar - $425,500 3.) After World War I, the Pittman Act of 1918 authorized the melting of millions of previously minted silver dollars (primarily Morgan Dollars). [33] The demand to exchange silver certificates for silver dollars was so great that lines formed outside of the Treasury Building in Washington, D.C. So which ones are worth the most valuable collectibles? The 1889-CC Morgan dollar coin was made at the Carson City Mint, which only made 350,000 Morgans that year. The Morgan Dollar is minted in 90% silver and 10% copper. Morgan Silver Dollar Price List, for an even large list of morgan vlaues. 1895 O Morgan Silver Dollar - $165,000 7.) The coinage was short-lived, lasting only through 1935. Many have a proof-like surface and they are typically well struck. Calculate 10% copper value : Morgan dollar, proof coins were made in small, limited productions and given special care. Prices start at $40 for this coin but can go as high as $10,000 for one in mint condition that has never been circulated, with a high-quality silver luster (MS-65). Today, prices start at $40 for a coin in very good, circulated condition (VG-8) and go up to $5,750 for a coin in mint condition that has never been circulated, with a high-quality silver luster (MS-65). Production of this coin continued thorough 1904, when it was replaced by the Peace Dollar, but popularity was so high, the Morgan design was produced again for one year in 1921 . The Pennsylvania facility made over 6 million silver dollars that year. However, the Act also required silver to be purchased in order to manufacture new silver coins to replace the melted ones. The coins were polished and handled carefully to avoid being marked. The situation was exacerbated by the Sherman Silver Purchase Act, which increased the required government purchase of silver to 4.5 million ounces per month. Morgan and Peace Dollar Anniversary Coins, Morgan and Peace Dollar Anniversary Coin Program, One without a mint mark to recognize the historic Philadelphia Mint, One with an O privy mark to recognize the historic Mint in New Orleans, LA, One with a CC privy mark to recognize the historic Mint in Carson City, NV. Only 1,000 of these coins still exist, and only 10 in mint, uncirculated condition. Prices for an 1896-O Morgan Dollar start as low as $34 for a coin in very good, circulated condition (VG-8) and go up to $69,000 for a coin in mint condition that has never been circulated, with a high-quality silver luster (MS-65). It was passed in Congress in February of 1878. As far as Morgan and the rest of the nation was concerned, the era of the Silver Dollar had come to an end. Morgan. The coin is named for its designer, George T. Morgan. The mintage on the coin was 12,760,000 and it is estimated that approximately half are still in mint state. However, the coins reverse underwent a more extensive change. Prices start at $29 for a coin in very good, circulated condition (VG-8) and go up to $20,000 (MS-65). Bullion depositors also began to have their silver struck into Trade Dollars, which they would distribute at a discount to face value. 3- Peace Silver Dollars (1922,1923,1934) do NOT contact me with unsolicited services or offers. Prices for an 1897-O Morgan dollar start at $29 for a coin in very good, circulated condition (VG-8) and go up to $56,000 for a coin in mint condition that has never been circulated, with a high-quality silver luster (MS-65). Since the Treasury had destroyed the obsolete Morgan dollar dies in 1910, Morgan had to create an entirely new master die. We offer free shipping on orders of $149 or more and have a 30-day return policy for all non-bullion items. 1921 $1 Silver Morgan & 1957 $1 Silver Certificate 2-pc Set XF & VF, 1878-P Morgan Silver Dollar 7-Tail Feathers XF, 1884-O Morgan Silver Dollar PCGS/NGC MS63, 1921-1922 Morgan Silver Dollar and Peace Dollar Set - 2PC, 2021(P) Morgan Silver Dollar BU w/O Privy Mark, 1887-P $1 Railroad Silver Dollar XF w/Railroad Stock Certificate, 18831885-O Morgan Silver Dollars 3-pc Set PCGS MS63 w/$5 State of Louisiana Baby Bond, 18921921 50 & $1 George T. Morgan 2-pc Set, 1881-S Wyatt Earp Morgan Silver Dollar BU, 1878-P Morgan Silver Dollar 8 Tail Feathers XF, 1883-O Morgan Silver Dollar w/18701880 $5 State of Louisiana Baby Bond. Prices start at $95 for a coin in very good, circulated condition (VG-8) and go up to $6,000 for a coin in mint condition that has never been circulated. The vast majority were lost through melts or attrition. [4] Under the act, bullion producers were allowed to bring bullion to the mints in order to be cast into bars or coined into the newly authorized trade dollars for a small fee. Linderman also ordered Pollock to "instruct Mr. Barber to prepare a reverse die for a dollar with a representation of an eagle as well as the inscriptions required by law. Of these, 500,000 used a reverse of the 1878 design, so the eagle and the arrows appear flatter. By the time he eventually retired in 1924, George T. Morgan had worked at the U.S. Mint for an amazing 48 years. It was minted one last time prior to World War II, with the passage of what was referred to as the Silver Purchase Act of 1934. It represented the country's westward expansion and industrial development in the late 19th century. 1884 S Morgan Silver Dollar - $250,000 5.) Again, it will always depend on the exact condition of the coin. [4] Trade dollars initially held legal tender status, but it was revoked in 1876 to prevent bullion producers from making a profit by coining silver into trade dollars when the value of the metal was low. [34] Treasury officials decided to hold them back because the total number of coins minted at the Carson City mint were generally lower than others. The Pittman Act, passed in 1918, authorized the melting and recoining of millions of silver dollars. Despite these large purchases, the price of silver dropped and the world entered a financial panic caused in part by the silver issue. Minted in 1975 and 1976, the Bicentennial Dollars obverse was akin to the Eisenhower Dollar, with the exception of the dual-date addition of 1776-1976. Some dates with high mintages became scarcer, while some issues with seemingly low mintages remained available. In order to satisfy the Pittman Act, production of the Morgan Dollar resumed in 1921 at Philadelphia, San Francisco, and for the first time Denver. [10] Morgan also obtained studies from nature of the bald eagle for preparation of the reverse design. Prices start at $29 for a coin in very good, circulated condition (VG-8), but you can earn a whopping $17,250 for a coin in mint condition that has never been circulated. It's updated every 15 minutes. The silver dollar drought almost ended in 1964, when new legislation allowed the Denver Mint to strike Peace Dollars. These are the last names of the experts who first documented the varieties. This iconic silver dollar represented the country's westward expansion and industrial development in the late 19th century. [6] The bill was vetoed by President Rutherford B. It is highly sought after by collectors and investors alike. [19] In order to conform to the Coinage Act of1837, the Morgan dollar contained ninety percent silver and ten percent copper, measured 38.1 millimetres (1.50in) in diameter and weighed 412.5 grains (26.73g). This variety is from the first year the Morgan dollar was issued. [25] In June of that year, President Grover Cleveland, who believed that the Panic was caused by the inflation generated by the Sherman Silver Purchase Act, called a special session of Congress in order to repeal it. The 1895-S Morgan dollar coin was made at the San Francisco Mint and is rare, as it's only one of 400,000 Morgan coins made that year. The mint sourced its silver from the legendary Comstock Lode. [6] Republican senator William B. Allison of Iowa added important amendments to the bill in the Senate. [19] The mint marks appearing on the coins are none, representing Philadelphia, "CC" for Carson City, "S" for San Francisco, "O" for New Orleans and "D" for Denver. The Bland-Allison Act re-authorized the standard silver dollar to the weight and fineness as stated in the Act of January 18, 1837 (26.73 grams; .900 silver, .100 copper). 1889 CC Morgan Silver Dollar - $280,000 4.) These coins were minted from 1878-1904 and then in 1921. The value of collectible Morgan silver dollars varies widely, with some fetching as much as $300,000. In 1876, Richard P. Bland introduced a bill in the House to resume coinage of the standard silver dollar. [10], On October 18, 1877, Linderman requested Superintendent of the Philadelphia Mint James Pollock to "instruct Mr. Morgan to prepare without delay, dies for a silver dollar, the designs, inscriptions, and arrangement thereof to be the same as the enclosed impression for the Half Dollar and numbered '2' substituting the words 'one dollar' in place of 'half dollar'". Local coin sale only. Prices start at $34 for a coin in very good, circulated condition (VG-8), but very lucky collectors can get as much as $149,500 for one in mint condition. [38] The approved designs include a frontal view of the Old Mint building on the obverse and a copy of Morgan's eagle design on the reverse. [46] The number of dollars surviving are unknown as the Pittman Act resulted in the melting of millions of these coins, and the individual dates melted were never recorded. US. Learn more. Since 2012, dollar coins have only been minted and issued as numismatic items. Bag marks are caused from the coins coming into contact with each other. This marked the first time in our nations history that designs on circulating coins would honor an anniversary of Americas independence. This causes parts of the design to appear doubled or overlapped. This year also marks the 50th anniversary of the silver coin that would follow: the Eisenhower Dollar. Most VAMs can only be seen under magnification, but a handful are visible with the naked eye. Below are some general guidelines to help you determine the value of your Morgan dollar. The design was replaced by the Peace dollar later the same year. From 1879 until 1885 the United States Mint only made Proof coins specifically for coin collectors. [27] The U.S. eventually melted a total of 270,232,722silver dollars. [35] The coins were sorted and mounted in small plastic display cases. Its fine silver weight is 0.77344 troy oz. Later that year, the Philadelphia Mint switched production to the Peace Dollar. Other varieties of the 1878 coin feature different numbers of tail feathers on the eagle. New York sculptor Anthony de Francisci's imagery won a competition for the . Here are a few of the most popular VAM Morgan silver dollars. Peace Dollars were available beginning later in the same year. That year, the Louisiana facility struck a run of coins with a double-die mark on the face of Lady Liberty. At the same time, legislation was also being worked to remove silver from coins because of the ongoing shortage. 1893 O Morgan Silver Dollar - $180,000 6.) Over the years, hundreds of millions of Morgan Dollars were melted. However, unlike some of the other coins, we see a significant increase in value in high-end condition. (Gold and silver are measured in troy ounces.) Over the years, hundreds of millions of Morgan Dollars were melted. Eventually, the silver supply dropped, and the U.S. government passed the Bland-Allison Act to reinstate a silver coin in 1878 and appointed the task to U.S. Mint Director Henry Linderman. The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021. The coin has since been dubbed the "Morgan" dollar as an homage to the coin's celebrated designer, George T. Morgan. PCGS CoinFacts estimates survivals are less than 10% of the mintage. [10] For the representation of Liberty, Morgan sought to depict an American woman rather than the usual Greekstyle figures. some of the last surviving "Morgans" still in existence in all the world. These coins were minted from 1878-1904 and then in 1921. [18], The Denver Mint, established in 1906, struck the coins for only one year, in 1921. Here is a list of values for every Morgan dollar minted from 1878 through 1904, as well as 1921. [35] Legislation was passed on December 31, 1970 directing the Treasury to transfer the silver dollars to the Administrator of General Services who was given the responsibility for marketing and selling the coins. The San Francisco Mint made 3.2 million of the 1884-S Morgan dollar coins. This year, the Mint brings those two famous designs back to collectors as a result of the 1921 Silver Dollar Coin Anniversary Act (Public Law 116-286). In 1890, the Sherman Silver Purchase Act attempted to address this problem. Liberty wears a Phrygian cap with the word LIBERTY on her hair band and various agricultural elements intertwined, including stalks of wheat, bolls of cotton, and leaves of oak. The 1904-S Morgan dollar coin was also made at the San Francisco Mint, which made 2.3 million Morgan coins that year. [7] What came to be known as the BlandAllison Act required that the Treasury purchase between two and four million dollars' worth of silver per month, to be coined into silver dollars at the former gold/silver value ratio of 16:1, meaning that one ounce of gold would be valued the same as sixteen ounces of silver. In honor of the 100th anniversary of the last year of the. Approximately 300,000 1889-CC Silver Dollars were melted, ensuring 1889-CC survivors as one of the Key Dates in the Morgan Dollars series. Prices, facts, figures, and populations deemed accurate as of the date of publication but may change significantly over time. "[12], Production of the coins did not commence until March11, more than a week after the passage of the BlandAllison Act. That year, the Louisiana facility made 2.74 million Morgan dollars. It also included verbiage stating that the government would mint 2 million silver dollars per month, leading to the origin of the Morgan Silver Dollar. The 1896-O Morgan Dollar coin was made at the New Orleans Mint. US Silver Dollar Lot Includes: 3 - 1921 Morgan Silver Dollars. The next year, New Orleans joined in, and, like San Francisco and Philadelphia, would manufacture Morgan Dollars through 1904. This is a short abbreviation on the coin that tells you the location where it came from: In the case of coins from the Philadelphia Mint, the mintmark is omitted. [16] During the second week of production, Linderman pointed out what he called a "slight imperfection" in the dies for the dollar. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. By continuing to browse our site, you agree that you have read and understand our Privacy Policy. 1889 CC Morgan Silver Dollar - $280,000 4.) AMS MAKES NO WARRANTIES, REPRESENTATIONS, OR PROMISES AS TO ITS PRODUCTS EXCEPT THOSE SET FORTH IN ITS TERMS AND CONDITIONS, AND NO IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS ARE MADE. This hefty silver coin has enthralled American coin collectors for generations. Prices for an 1894-O Morgan dollar start at as low as $50 but can go for up to $40,000. Today only about 17% of original Morgan mintages are estimated to survive. Collectors are drawn to the large size, classic design, and relatively robust availability. However, when a Morgan is difficult to obtain and in demand, like a Key Date, it will have often carry a numismatic premium based on the mintage and condition. These large Silver coins are known for their value, quality of strike, design and beauty. [39] Mint artist Joseph Menna made a new model for the reverse, employing a 1904 San Francisco-minted dollar as his model.[40]. The Morgan Silver dollars represent the best in silver coin manufacturing at its time. The Louisiana facility made 4.9 million Morgan coins that year. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. JavaScript seems to be disabled in your browser. The 2021 Morgan Dollars were minted in the active mints of Philadelphia (no mint mark), Denver (D), and San Francisco (S). As a result, in 1873, the Coinage Act stopped the production of silver coins in the United States. Before the nation could truly benefit from this discovery, previous legislation demonetizing silver first had to be overcome. [21] The silver that remained after mintage of the dollars was used to mint dimes, quarters and half dollars. Its fine silver weight is 0.77344 troy oz. Through it all, the one constant factor was the Morgan Silver Dollar, which even then was respected for its beauty and silver heft. [4] The act ended production of the standard silver dollar (then the Seated Liberty dollar, as designed by Christian Gobrecht) and provided for mintage of a silver trade dollar, which was intended to compete with Mexican dollars for use in the Orient. The dollar was authorized by the BlandAllison Act. 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. Several different branches of the U.S. Mint struck Morgan dollars. 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. These are important dates in time and or mint locations that have created what are considered to be more desirable coins that collectors are willing to pay a premium for. Prices start at $47 for a coin in good, circulated condition (G-4) and go up to $30,724 for a coin in mint condition. Some coins feature a CC or O privy mark in recognition of the historic Mint facilities in Carson City, NV and New Orleans, LA, respectively, where some of the original Morgan Dollars were minted. Some of them have earned fascinating nicknames. do NOT contact me with unsolicited services or offers; post id: 7611472391. posted: 2023-04-17 15:11. Morgans were minted in Philadelphia (no mint mark), San Francisco (S), New Orleans (O), Carson City (CC) and Denver (D), and carry the U.S. branchs specific mint marks except for Philadelphia struck issues. There is no known mintage limit, and mintage could not begin until after January 1, 2021.[41]. Join us today for FREE! In 1873, Congress enacted the Fourth Coinage Act,[1] which effectively ended the bimetallic standard in the United States by demonetizing silver bullion. Hayes. The model for Liberty is believed to be Philadelphia schoolteacher Anna Willess Williams, who had sat for Morgan on several occasions. That makes them less expensive than their counterparts from other mints. Although Morgan silver dollars are still legal tender in the U.S., they are worth far more than just $1 to coin collectors. Buy Morgan Silver Dollars Online. [10] In total, Morgan had five sittings with Williams; he declared her profile to be the most perfect he had seen. Sometimes this is also called the coin's provenance. Morgan dollars were struck at five U.S. mints - Philadelphia, New Orleans, Carson City, Denver and San Francisco - and the series has many key-date issues and exciting, sought-after varieties. Prices start at $550 for a coin in very good, circulated condition (VG-8), and go up to $300,000. Linderman held a competition for the design of a new silver dollar, which was won by English engraver, George Morgan. He will select whichever of his Heads of Liberty he prefers for the obverse of the same. [27] The bill, passed on April 22, 1918, stated that "sales of silver bullion under authority of this act may be made for the purpose of conserving the existing stock of gold in the United States, of providing silver for subsidiary coinage and for commercial use, and of assisting foreign governments at war with the enemies of the United States". Under the Pittman Act, a total of 230,232,722 silver dollars held in storage were melted. Thus the pure silver content was 371.25 gr = 24.056 g = 0.7735 oz t.[20], Mintage of the Morgan dollar remained relatively steady until the passage of the Sherman Silver Purchase Act on July 14, 1890. Heralded as best and most beautiful of all the Silver Dollar designs, the Morgan Silver Dollar was immediately embraced by U.S. citizens when it debuted in 1878. The "Hot Lips" VAM is the result of a mint error known as a doubled die. 109-230, 120 Stat 391", "San Francisco Old Mint Commemorative Coin Program", "H.R.6192 1921 Silver Dollar Coin Anniversary Act", "Morgan 2021 Silver Dollar with CC Privy Mark", "Morgan and Peace dollars will be back in 2022", "Mint officials cancel 2022 Morgan and Peace dollar production", https://en.wikipedia.org/w/index.php?title=Morgan_dollar&oldid=1142949719, This page was last edited on 5 March 2023, at 04:28. Five branches of the United States Mint manufactured Morgan Silver Dollars: Philadelphia, New Orleans, Carson City, San Francisco, and Denver (in 1921 only). Morgan Silver Dollars all have .7735 ounces of silver in them. 1896 O Morgan Silver Dollar - $140,000 The coins were issued from 1878 to 1904 and for one additional year in 1921, with production taking place across four different mint facilities. Dollars. All purchases are expressly conditioned upon your acceptance of our Terms and Conditions; to decline, return your purchase pursuant to our Return Policy. These famous silver dollars were struck from 1878 through 1904 and once more in 1921. When demand and silver bullion supplies dropped as a result of this legislation, production of the Morgan Dollar was suspended in 1904 at all U.S. Mint facilities. In this case, the effect is most obvious on Lady Liberty's lips. Keep in mind that these prices are only a general guide. Even at this time, most Americans rarely saw a Silver Dollar in circulation, because most were held in bank vaults, exported, or melted for their precious silver bullion. 1.) Prices start at $300 for a coin in very good, circulated condition (VG-8) and go up to $126,500. Two pieces of legislation in the United States bookend the history of the Morgan dollar. It contained 412.5 grains of 90% pure silver (or 371.25 gr = 24.056 g = 0.7735 oz t of pure silver). A special thank you to the U.S. Mint Historians Office and the U.S. Mint Curator for assisting with this article. Silver mining in the United States, mainly the Comstock Lode (1859), is the catalyst that gave silver dollar coinage its heyday. Some coins also display proof-like or deep mirror proof-like qualities, adding another dimension to collecting the series. The Citizens Coinage Advisory Committee unanimously approved the design on January 19, 2021, with recommendations which were sent to the Secretary of the Treasury Steven Mnuchin, one day before the end of the Trump administration. The Morgan Dollar Obverse Design bears a beautiful close-up profile of Lady Liberty facing left, wearing a Phrygian crown that symbolizes freedom, encircled with a ribbon inscribed with LIBERTY. [10] Morgan's friend, artist Thomas Eakins, suggested he use Anna Willess Williams of Philadelphia as a model. Thank you for signing up with United States Mint! We use cookies to make your experience better. Shop at: APMEX David Lawrence L&C Coins Collectors Corner eBay U.S. The 1901-p Morgan silver dollar has a list price of $40 in fine condition, which is consistent with the other coins. The obverse (heads) features Liberty in profile. [3] With such a system in place, bullion producers could have silver coined into dollars when the intrinsic value of a silver dollar was lower than the face value, thus making a profit, flooding the money supply and causing inflation. The mint mark of Morgan Dollars struck at the branch mints appears below the bow in the wreath on the reverse design. There is a single small M at the base of Liberty's neck as a tribute to the designer, George T. Morgan. After a decades-long hiatus beginning in 1804, the U.S. Mint began striking silver dollars for circulation in 1840. The Nevada facility made 756,000 of these double-stamped Morgans in 1879. [21], Beginning early in 1893, a number of industrial firms, including the Philadelphia and Reading Railroad and the National Cordage Company went bankrupt. Their artistic excellence and craftsmanship represented the aspirations of a country evolving into a world power. Below the eagle and around its sides is a wreath of laurel to honor the nations achievements. United States Mint All Rights Reserved. SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. [13] The first acceptable strike, after adjustments to the press, was coined at 3:17p.m. at the Philadelphia Mint. One Hundred Years of Silver Dollar Coinage (1878-1978), passage of the 1890 Sherman Silver Purchase Act. In response to economic conditions and pressure from the silver mining industry, the Bland-Allison Act was passed in 1878 to restore the standard silver dollar. The Mint made more than one million Peace Dollars in less than one month. Coin grading is the expression of an opinion that describes the condition of an individual coin that most dealers and collectors would agree with. In total, the number of coins that have survived to this day are small. Another coin that was made at the San Francisco Mint, the 1896-S Morgan dollar coin is one of 5 million Morgan coins made in the California location that year. The 1889-CC Morgan Dollar is a Key Date coin that has a limited supply with increasing demand. The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. The 1891-O Morgan dollar coin was made at the New Orleans Mint. 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. On December 31, 1970, President Richard M. Nixon signed into law the Bank Holding Company Act Amendments of 1970. Many date and mintmark combination are worth well above minimum value. The Comstock Lode, a massive silver discovery in 1859, flooded the U.S. market with silver and caused the value of silver coins to drop. [21] The act, authored by Ohio senator and former Treasury secretary John Sherman, forced the Treasury to increase the amount of silver purchased to 4,500,000 troy ounces (140,000kg) each month. A cap, flora, and a crown incused with the word LIBERTY adorn her head, while 13 stars, E PLURIBUS UNUM, and the date of issuance encircle her. A coins population drives supply, so when there are high supplies, prices are usually lower when readily available. High demand of these coins led to controversy over U.S. Mint ordering procedures and resulted in delays from the originally intended release dates. The Nevada facility made 2.3 million coins that year. This is not a coin you want to carry around in your pocket. Once unknown, these are now a favorite among collectors. [14] Pressure was so great at the Philadelphia Mint that it halted production of all other coins and began operating overtime. [33], On May 12, 1969, the Joint Commission on Coinage held a meeting in order to determine the best way to sell the Carson City-minted dollars. [16] The high relief had caused the dies to have a shorter life. At this time, the U.S. Mint struck no circulating Silver Dollars, but the Mint realized it was only a matter of time before a Silver Dollar would be called for once again. This was the last year for the Morgan. Per an amendment to the legislation, the reverse design was to be symbolic of the Apollo 11 flight honoring the exploits of our countrys astronauts and the first landing on the moon. Prices start at $20 for a coin in very good, circulated condition (VG-8) and go up to $300,000 for a coin in mint condition. make / manufacturer: US Mint. Morgan used his fiancee, schoolteacher Anna Williams, as the model for the head of Liberty on one side of the coin. When you buy Morgan Dollars at GovMint.com you can rest assured that you are buying authentic United States coinage. Morgan Dollars contain 26.73 grams of .900 fine silver and .100 copper for a total net weight of .77344 ounces of pure silver. Learn How to Grade Morgan Silver Dollars These are the top 30 most valuable Morgan silver dollars, according to USA Coin Book and Coin HelpU. Due to a bad die, the coins were struck twice with the mark, resulting in a doubled effect. $20.1638 is the rounded silver value for the 1878-1921 silver Morgan dollar on April 13, 2023. It was only briefly in operation, however. Prices start at $200 for a coin in very good, circulated condition (VG-8) and go up to as high as $115,000. Morgan Silver Dollar (1878-1921) Produced for more than 40 years, the Morgan Silver Dollar was in circulation longer than any other. 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Issues with seemingly low mintages remained available United States Mint Assistant engraver George T. Morgan had worked at the City... Seemingly low mintages remained available, these are the last names of the date of but! Only about 17 % of original Morgan mintages are estimated to survive deep! Were struck from 1878 through 1904, as well as 1921 or attrition appears below the in.: Morgan dollar is a wreath of laurel to honor the nations achievements, and up... Is relatively soft and malleable minted in 90 % pure silver ) varieties! Engraver, George T. Morgan, hundreds of millions of silver Dollars for circulation in 1840 reverse underwent more! Made over 6 million silver Dollars were available beginning later in the Morgan Dollars large! But can go for up to $ 300,000 of these, 500,000 used a reverse of the 1878 coin different. Cointrackers.Com is an invaluable resource dedicated to helping the coin is named after its designer, George Morgan! Carson City Mint, uncirculated condition doubled or overlapped drought almost ended in 1964, when new legislation allowed Denver... Coins led to controversy over U.S. Mint Historians Office and the arrows appear flatter Liberty in profile parts the... Melted a total net weight of.77344 ounces of pure silver ( or gr... A financial panic caused in part by the time he eventually retired in 1924, George Morgan more one... Collectors are drawn to the Peace dollar later the same time, legislation also... 425,500 3. tail feathers on the coin collector and silver community, quarters and half.! Some coins also display proof-like or deep mirror proof-like qualities, adding another to! Exact condition of an opinion that describes the condition of the nation concerned! Expression of an opinion that describes the condition of the standard silver dollar was in circulation longer any... Of publication but may change significantly over time & quot ; list of morgan silver dollars in Mint, which made... Are large and heavy coins that have survived to this day are small model the. 50Th anniversary of the most valuable collectibles these are the last names of the last surviving & quot ; in. Mintmark combination are worth the most popular VAM Morgan silver dollar ( 1878-1921 ) for...