list of morgan silver dollars

Prices start at $200 for a coin in very good, circulated condition (VG-8) and go up to as high as $115,000. Silver $25.16 ( +0.09) as of 04-12 08:03 AM EST. [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. Like its predecessor, the Bicentennial Dollar was minted with two different compositions and was struck at the Philadelphia, Denver, and San Francisco Mints. Here's a rundown on the most rare and valuable Morgan dollars, how many were made, and what they're worth: 1878-CC Morgan dollar, 2,212,000 minted; $110+ 1879-CC Morgan dollar, 756,000 minted; $275+ 1880-CC Morgan dollar, 495,000 minted; $220 1881-CC Morgan dollar, 296,000 minted; $400+ 1882-CC Morgan dollar, 1,133,000 minted; $105+ Their artistic excellence and craftsmanship represented the aspirations of a country evolving into a world power. Linderman held a competition for the design of a new silver dollar, which was won by English engraver, George Morgan. The additional inscriptions UNITED STATES OF AMERICA and ONE DOLLAR appear surrounding, separated by stars. [8] His earliest pattern coins designed during his tenure at the Philadelphia Mint were intended for the half dollar. Adhering to the requirements written in the Coinage Act of April 2, 1792 (1 Stat. Due to a bad die, the coins were struck twice with the mark, resulting in a doubled effect. SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. Before we can talk about the most valuable Morgan silver dollars, we wanted to give you a bit more insight into the production of these coins. On July 23, 1965, President Johnson approved the Coinage Act of 1965, which removed silver from circulating coins and authorized that clad coins be used for the half dollar, quarter, and dime. Peace Dollars were available beginning later in the same year. A fracture in the die used to strike these coins left a prominent raised line on Lady Liberty's cheek. Morgan silver dollars range in price from as low as $20 to as high as tens of thousands of dollars. Prices start at $550 for a coin in very good, circulated condition (VG-8), and go up to $300,000. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. The Pittman Act also required the government to purchase more silver to replace the melted coins, so the Morgan Silver Dollar was briefly revived one more time in 1921 until it was replaced later in the year with the Peace Silver Dollar. Sometimes this is also called the coin's provenance. The Peace Dollar Source The United States Mint introduced the Peace Silver Dollars in December 1921 to celebrate the newfound peace after the World War. Following some design revisions, they were also struck at San Francisco and Carson City that same year, because of the facilities proximity to the silver mines in the western United States. In 2021, the U.S. Mint re-issued the Morgan Dollar in honor of its last year of minting in 1921. Today only about 17% of original Morgan mintages are estimated to survive. Following the passage of the 1873 act, mining interests lobbied to restore free silver, which would require the Mint to accept all silver presented to it and return it, struck into coin. From 1971-1974, the new dollar was minted with two different compositions: one for collectors, as an alloy of 800 parts of silver and 200 parts of copper, at the San Francisco Mint; the other for circulation (75% copper and 25% nickel), at the Philadelphia, Denver, and San Francisco Mints. Two-thirds of the Philadelphia-minted dollars contained "privy marks" for the now defunct Carson City (CC) and New Orleans (O) mints. Collectors are drawn to the large size, classic design, and relatively robust availability. Join us today for FREE! The 2021 Morgan Dollars were minted in the active mints of Philadelphia (no mint mark), Denver (D), and San Francisco (S). 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). 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 Morgan Dollar is frequently cited as the most popular series within all of American numismatics. This causes parts of the design to appear doubled or overlapped. size: Ball is 3 inches in diameter / Stand is 2.5 inches by 2.5 inches On September 22, 2020 the U.S. House of Representatives passed legislation to allow the minting of Morgan and Peace dollar coins in 2021, the 100-year anniversary of the transition from the Morgan to Peace dollar in order to "commemorate this significant evolution of American Freedom". Below the eagle and around its sides is a wreath of laurel to honor the nations achievements. The Hot Lips variety is not especially rare but it is highly collectible. It marked the first $1 coin issued in the U.S. in five years (aside from the "Trade dollar"). 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. 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). Morgan dollar, proof coins were made in small, limited productions and given special care. Minted from 1878 through 1921, it was originally and officially called the "Liberty Head Dollar" per the United States Mint. "[12], Production of the coins did not commence until March11, more than a week after the passage of the BlandAllison Act. Prices for a 1894 unmarked Morgan Dollar start at $1,200 for a coin in very good, circulated condition (VG-8) and go up to $45,250 for a coin in mint condition that has never been circulated, with a high-quality silver luster (MS-65). The Morgan Silver Dollar is one of the most famous and most highly collected U.S. coins of all time. The Morgan Dollar Reverse Design features an eagle with wings outspread with the motto, IN GOD WE TRUST above. [23] Despite the Act's requiring large purchases of silver indefinitely, it provided that the Mint must coin 2,000,000 silver dollars each month only until 1891. [15] Use of the western mints was delayed, however, as all dies were prepared at the Philadelphia Mint, and it was believed that the Western mints did not have the proper equipment to prepare the dies for use. The Nevada facility made 677,000 coins that year. Today, the Morgan Silver Dollar is one of the most colorful and treasured relics of Americas western frontier, and an inspirational coin that collectors are drawn to because of their historical significance. Due to the high original Morgan Dollar mintages, many issues are readily available even in gem grades. [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. Rare Collectibles TV offers the finest selection of Morgan dollars available. Gasparros rendition of the Apollo 11 insignia, featured on the reverse of the coin, shows the bald eagle landing on the crater-pocked surface of the moon, an olive branch clutched in both claws. By the early 1900s the Comstock Lode was exhausted and the silver bullion supply ran out. [8] Linderman contacted C.W. The 1901 unmarked Morgan Dollar coin was made at the Philadelphia Mint, which was the only facility that did not put a letter mark on Morgans. Many date and mintmark combination are worth well above minimum value. The coinage was short-lived, lasting only through 1935. 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). Again, it will always depend on the exact condition of the coin. 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. [24] Silver dollar production rose again,[19] until the bullion was exhausted in 1904, when it ceased. 1 2 3 4 5 However, certain issues of the series had low mintages or experienced heavy circulation and melting, resulting in a very limited number of survivors. The Morgan was the first silver dollar that was minted after the demonetization of silver set by congress in the Coinage Act of 1873. Was it part of a famous collection or hoard? 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).It requires the Secretary of the Treasury to mint and issue $1 silver coins in recognition of the 100th anniversary of completion of coinage of the Morgan Dollar and the 100th anniversary of commencement of coinage . Image source: CoinStudy. Price Guide. The coins were issued from 1878 to 1904 and for one additional year in 1921, with production taking place across four different mint facilities. 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. She was a teacher and writer in Philadelphia at the time. There was very little demand for dollar coins, however. The Act also created paper currency known as silver certificates, which were backed by the exact amount of silver dollars retained by the Treasury. This act, once again, was repealed in 1893. The first Morgan Dollar coins were struck in 1878 at the Philadelphia Mint. This is important to know because certain mints produced less coins in a given year than others. In 1836, Congress re-established the Silver Dollar (with a slightly lighter weight of 26.73 grams), and by the 1840s, they were being issued for general circulation once again. Morgans were struck at five branches of the United States Mint: Carson City, Philadelphia, San Francisco, Denver, and New Orleans. [5] The restrictions on free coinage laid out in the Coinage Act initially met little resistance from mining interests until the price of silver declined rapidly due to increased mining in the Western United States. [13] The first acceptable strike, after adjustments to the press, was coined at 3:17p.m. at the Philadelphia Mint. Click Here to Sell to Us There is currently an online order maximum of 100. 1893 O Morgan Silver Dollar - $180,000 6.) The figure of the eagle on the coins reverse side was double stamped, and the beak, feathers and arrows all appear slightly duplicated. 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). [29] Another provision of the Pittman Act authorized the U.S. to mint a replacement coin for every silver dollar melted. Coin grading is the expression of an opinion that describes the condition of an individual coin that most dealers and collectors would agree with. A list of linkable tags for topics mentioned on this page. Many other less-famous dates had lower mintages, but many 1889-CC Silver Dollars had an early demise. "[11] Linderman evidently preferred the designs of Morgan over those of the Chief Engraver; he wrote Pollock on February 21, 1878, "I have now to state for your information, that it is my intention, in the event of the silver bill now pending in Congress, becoming law, to request the approval by the Secretary of the Treasury, of the dies prepared by Mr. In fact, Silver Dollars circulated widely only in the sparsely-populated West, but in the rest of the country they were stockpiled in banks and U.S. Treasury Department vaults. 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. All purchases are expressly conditioned upon your acceptance of our Terms and Conditions; to decline, return your purchase pursuant to our Return Policy. [36] The legislation also stated that all proceeds from the sale were to be "covered into the Treasury as miscellaneous receipts. The 1891-O Morgan dollar coin was made at the New Orleans Mint. This year also marks the 50th anniversary of the silver coin that would follow: the Eisenhower Dollar. As a result, over 270,000,000 Morgan Dollars were melted - almost half the entire mintage from 1878-1904. E PLURIBUS UNUM is above Libertys head, with 13 stars below. US Silver Dollar Lot Includes: 3 - 1921 Morgan Silver Dollars. 246, 248), the obverse features a profile of Lady Liberty, and the reverse features a heraldic eagle. The Pennsylvania facility made over 6 million silver dollars that year. Some dates with high mintages became scarcer, while some issues with seemingly low mintages remained available. Local coin sale only. In 1894, the California facility produced 1.26 million Morgan dollars in total. [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. That year also saw the introduction of the Peace dollar. It's updated every 15 minutes. $36 each. (Gold and silver are measured in troy ounces.) The mint mark of Morgan Dollars struck at the branch mints appears below the bow in the wreath on the reverse design. The designers initial, appearing as a single M, is found on the truncation of the neck. Under the Pittman Act, a total of 230,232,722 silver dollars held in storage were melted. Keep in mind that these prices are only a general guide. Some coins also display proof-like or deep mirror proof-like qualities, adding another dimension to collecting the series. The obverse design depicts the likeness of President Dwight Eisenhower. Their price depends on several factors, including the number of coins minted in a specific year, the city where they were made and the coins current condition, with uncirculated coins being more rare and valuable. From 1879 until 1885 the United States Mint only made Proof coins specifically for coin collectors. 1896 O Morgan Silver Dollar - $140,000 [6] The bill was vetoed by President Rutherford B. 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. Popular Morgan Dollars If your Morgan dollar is a special variety, it will likely command a higher price. Shop at: APMEX David Lawrence L&C Coins Collectors Corner eBay U.S. [7] The president's veto was overridden on February 28, 1878. 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. ADD TO CART *Prices will automatically update every minute Silver Price: $25.79 0.04 Fast Delivery Discreet Packaging 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 theme of "peace" was a celebration of the end of the First World War. In other words, who owned the coin before? As a result, U.S. coins disappeared almost as fast as they were minted. Morgan. Most passed through the U.S. economy when a 90% silver dollar was a day's pay for many Americans. Only 1,000 of these coins still exist, and only 10 in mint, uncirculated condition. Despite these large purchases, the price of silver dropped and the world entered a financial panic caused in part by the silver issue. Below the wreath is where the Mint marks are located. Today, Morgans range considerably in value. Each Morgan dollar is struck from 90% silver. The Morgan Dollar was created in 1877 by George Morgan, an English-born assistant engraver, who eventually became the 7th Chief Engraver of the U.S. Mint. [30] The Peace dollar was supposedly minted to replace the Morgan dollar under the terms of the Pittman Act but without congressional authorization, despite the fact that the Act did not describe the coin design. The Philadelphia Mint produced three versions: Buy the 2021 Morgan Dollar in the Mints online catalog. The 1881-S is the most available Morgan dollar in mint state from the years 1878 to 1904. 1901 Morgan Silver Dollar - $425,500 3.) Linderman, asking if he knew of someone who could fill the position of Assistant Engraver of the U.S. Mint. These locations were Carson City (CC), New Orleans (O), San Francisco (S), Denver (D) and Philadelphia (no mark). Most VAMs can only be seen under magnification, but a handful are visible with the naked eye. The 1901-p Morgan silver dollar has a list price of $40 in fine condition, which is consistent with the other coins. All rights reserved. 1884 S Morgan Silver Dollar - $250,000 5.) There are also Semi-Key Dates or simply Semi-Keys that are the next level of difficult-to-obtain coins after Keys.. 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. House Bill 6192 (2021 Silver Dollar Coin Anniversary Act) allows production of Morgan and Silver dollars at 26.73g and no less than 90% silver (24.057g = 0.7735 oz t). This is a labor of love you might say, so it is resource intensive and slow. Copyright 2023 My Coin Guides. Bag marks are caused from the coins coming into contact with each other. The mint mark, if present, appears on the reverse above between D and O in "Dollar". [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. Before the nation could truly benefit from this discovery, previous legislation demonetizing silver first had to be overcome. 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. This is why you should consult a numismatic expert to appraise the value of your coin when youre ready to sell. This marked the first time in our nations history that designs on circulating coins would honor an anniversary of Americas independence. The dollar was authorized by the BlandAllison Act. The dollars were produced every year between 1878 and 1904 at a total of four different mints. Expect to pay $175.00 to $225.00 for MS-65 (Gem BU) dollar. Now, 145 years after they were first minted, comes this special release of ORIGINAL U.S. GOV'T MORGAN SILVER DOLLARS. [6], Beginning in 1876, several bills were introduced in the House of Representatives in an effort to resume the free coinage of silver. You can view ourreturn policyhere. There, he continued to learn under the watchful eye of the legendary English engraver, Leonard Charles Wyon. These three coins, spanning 100 yearsfrom the first Morgan Dollar in 1878 to the final Eisenhower Dollar in 1978share a connection through history and legacy. It contained 412.5 grains of 90% pure silver (or 371.25 gr = 24.056 g = 0.7735 oz t of pure silver). For the best experience on our site, be sure to turn on Javascript in your browser. [27] The U.S. eventually melted a total of 270,232,722silver dollars. Encircling the coin above is UNITED STATES OF AMERICA with the denomination, ONE DOLLAR, with stars on either side. They chose the design via a competition. So if there is no mintmark, you'll know your coin comes from Philadelphia. 1.) 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. $20.1638 is the rounded silver value for the 1878-1921 silver Morgan dollar on April 13, 2023. That makes them less expensive than their counterparts from other mints. The Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925) and was minted from 1878 to 1904, and again in 1921. William B. Allison added amendments to the bill in the Senate, A pattern half dollar created by George T. Morgan, A pattern for the standard silver dollar created by William Barber, Sherman Silver Purchase Act, Panic of 1893, San Francisco commemorative dollar reverse, removed them from circulation through hoarding, San Francisco Museum and Historical Society, "United States Mint Branch at Carson City, Nevada", "San Francisco Old Mint Commemorative Coin Act, Pub. The Morgan Dollar is minted in 90% silver and 10% copper. The collectible coin market is unregulated, highly speculative and involves risk. This is usually the value used by coin dealers when selling these coins at melt value. AMS is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. Morgan and Peace Dollar coins each embodied the spirit of America when they were minted. [25] The resulting bank runs and failures became known as the Panic of 1893. However, the coins reverse underwent a more extensive change. Since the New Orleans Mint relied on silver coin production for business, this ultimately led to its shutdown as a Mint facility. The original design was for that of a . Prices start at $225 for a coin in very good, circulated condition (VG-8), you can earn up to $30,000 for a coin in mint condition. Morgan Silver Dollar Paperweights "1880 & 1904" . The coins became widely unpopular within the United States due to their legal tender limit and low intrinsic value, leading the Trade Dollar to be officially demonetized in 1876. [2] Protests also came from bankers, manufacturers and farmers, who felt an increased money supply would have a positive impact. The coins made by the Denver and San Francisco Mint facilities bear D and S mint marks, respectively. Image source: Chalkboard Champions. [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. Consequently, this coin has the highest number of forgeries. Title Two of this Act and its various amendments authorized the Eisenhower Dollar Coin. The Peace Dollar series would be introduced at the end of the year and used to fulfill the remaining production required under the Pittman Act. 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. The quality of the strikes vary from strong to weak, depending on the year and mint. You're probably thinking: That's quite a wide range! Latest Offers, Straight To Your Inbox. Minted from 1878 to 1904, and again in 1921, the Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925). Buy Morgan Silver Dollars Online. The Mint made more than one million Peace Dollars in less than one month. His iconic design is one of the most recognized coin designs in the world. They wanted to be ready when the time came. Although Trade dollars were produced from 1873-1878, they were meant for circulation overseas and were not legal tender in America. The obverse (heads) features Liberty in profile. [35] The coins were sorted and mounted in small plastic display cases. In 1962, an individual redeemed a silver certificate and received a rare and valuable Morgan dollar in exchange. Morgans in these hoards were generally kept in bags, hence the "bag marks" you will find on Morgans today. The CFA chose the work of notable Italian American artist Anthony de Francisci. In order to mint the coin on the Dollar the die needed to be larger and the words half dollar were replaced with "one dollar". The Pittman Act, passed in 1918, authorized the melting and recoining of millions of silver dollars. The Deputy Master of The Royal Mint received a letter from the Director of the U.S. Mint in Philadelphia, H.R. Dollars. The 1879-CC Clear CC Morgan dollar coin was made at the Carson City Mint. Learn more. Hayes. That year, the Louisiana facility made 2.74 million Morgan dollars. With the mark, if present, appears list of morgan silver dollars the reverse depicts an eagle with wings with. Most recognized coin designs in the world entered a financial panic caused in part list of morgan silver dollars! Features Liberty in profile Orleans Mint wreath on the truncation of the U.S. to Mint a replacement coin for silver. Of four different mints 10 in Mint state from the `` bag marks are caused from the were... Business, this coin has the highest number of forgeries likely command a price... 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