This is not a coin you want to carry around in your pocket. The obverse features a profile of a woman crowned with Liberty and the reverse displays an eagle with wings spread. 1878-1921 Morgan Silver Dollars. The New York Bank Hoard Story. © 2020 Cable Shopping Network. There are many numerous varieties and overdates, which makes collecting them both complex and interesting. history of Morgan dollars and how to go about collecting a Morgan dollar, 2016-W Congratulations Silver Eagle - PR70. google_ad_height = 280; $224.95. You can find coin values and coin prices for all Morgan Silver Dollars (1878-1904, 1921). Now, imagine finding 16 sealed original U.S. Treasury bags containing 16,000 vintage Morgan Dollars! I’d like to check to see what mine are worth, Caught my interest so pulled out a few I had. Coins produced in 1878 and 1879 are especially popular as they are the oldest available on the market today. The government also had silver reserves that were only to be used to melt and mint silver dollars. If you cant afford the higher grades, the business strikes could be had at around $2500 in MS-60. /* 336x280 CoinTrackers Coin */ There are a very few left for collectors and the ones that are available demand a huge premium in the Mint-state conditions. Because of the low mintage, even the lower grades are scarce. I am honored … 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. The Morgan Silver dollars represent the best in silver coin manufacturing at its time. In this post, we are talking about the Top 10 rare Morgan dollars. Find complete information on 1878-1921 Morgan Silver Dollars. Morgan Silver dollars are some of the most popular dollars the U.S. mint has ever produced. Those reserves ran out in 1904 and just like that, the Morgan's production also came to an end. Your best bet would be to collect a VF-20 coin tha… 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! My friend gave me a box with some silver dollars in it: Morgan and Hobo silver dollars. 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. $368.25. 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. In 1895, the Philadelphia coiners are said to have struck 12,000 business strikes and 880 Proof issues. This issue in the lower grades are quite inexpensive and readily available. button button … 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND: Condition:--not specified. Philadelphia struck just over 305 million Morgan silver dollars of the total 657 million struck from all mints combined. The availability of these sealed, certificated coins means that collectors would be well advised to pass on blemished examples. 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. I should also mention that this not only applies to Morgan Silver Dollars, but to all United States coins. Fine examples can be worth tens of thousands of dollars. You could get an MS-63 at $4000. Most years Philadelphia struck multi-million silver dollars, many years, tens of millions of coins. As stated previously though, many Morgan Dollars will be collectible because of their rarity and desirability. 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. Your best bet would be to collect a VF-20 coin that would put you back by around $7250. LOT of 4 Morgan Silver Dollars 90% 1880 1883 1888 1900 EXC DETAIL FREE SHIPPING. 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. The Peace Dollars were then minted again in 1934 and 1935. In this post, we are talking about the Top 10 rare Morgan dollars. Details about 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND See original listing. The Most Sought After Morgan Silver Dollars. The San Francisco mint minted 1.2 million of the 1892-S coins and almost all of them were put up into circulation. Be nice to know valueLane. Morgan Dollars. Congress slowed the production of Morgan Dollars, finally halting it altogether in 1904 when the bullion supply for silver dollar minting had been exhausted. Morgan Silver dollars are some of the most popular dollars the U.S. mint has ever produced. The Carson City Morgan Silver Dollars were struck from 1878 using the Silver from the Comstock Lode. Equally, the US Mint only struck the silver Morgan … 1878-CC Morgan Silver Dollar. You could get a MS-60 for $1100 or a MS-63 for $8000. 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. 1892-O & P MORGAN SILVER DOLLARs Description: This listing is for a pair of beautiful original 1892 MORGAN SILVER dollars. 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. The coin came back in 1921 for just one year. Some bags were revealed during the 1960s and one bag was supposedly stolen from LaVere Redfield, the Nevada collector. My friend gave me a box with some silver dollars in it: Morgan and Hobo silver dollars. 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. New Orleans and Philadelphia Mints. The Comstock Lode in Nevada produced the silver the Morgan dollars were made from. With respect to Morgan silver dollars, all Carson City minted coins are considered semi key date or key date coins. 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. EF-40 of the 1895 can be collected for $30,000! Silver Dollars. CC Morgan Silver Dollars are sought after far and wide by both the most experienced of coin collectors as well as numismatic novices. Call 1-800-928-6468 today and let one of our Carson City Silver Morgan Dollar Specialists assist you. As very few Uncirculated coins were retained in the mint when they were struck, coins in Mint-state conditions are quite rare. 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND: Condition:--not specified. Keep in mind, however, that there were a few years when mint marks were … The obverse features a profile of a woman crowned with Liberty and the reverse displays an eagle with wings spread. The coin came back in 1921 for just one year. For instance, in 1877, the mine produced $21 million worth of silver ($494,090,625 in today’s money). Comments: Morgan silver dollars produced at the Carson City Mint have long been associated with the Old West tradition. 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. Morgan Dollars and Peace Dollars are the most collected U.S. coins. After the Sherman Silver Purchase act of 1890, the Morgan Silver Dollar production was reduced dramatically in 1893. //-->. The pictures below show where to find mint marks on both silver dollars. Looking to see how much your Morgan silver dollar is worth? The Morgan silver dollar originated in 1878 following the passage of the Bland-Allison Act. (adsbygoogle = window.adsbygoogle || []).push({}); 10 Most Valuable Walking Liberty Half Dollars, *list does not count the newer Presidential Dollars. The coins' are called by the name of the designer - George Morgan. Serious collectors and students of history revel in delight with the thought of owning coins of silver mined from Nevada's famous Comstock Lode. These do not reference error coins, just the standard issued Morgan Silver Dollars. Historic Values Of Morgan Dollars. Congress slowed the production of Morgan Dollars, finally halting it altogether in 1904 when the bullion supply for silver dollar minting had been exhausted. Search Close search DIY Projects. On Morgan dollars, the mint mark is found underneath the wreath surrounding the eagle. Please enter your email below and we will send you the confirmation link. The Peace Dollars were then minted again in 1934 and 1935. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. Even though these coins are highly coveted, some collectors ignore them and confine themselves to the business strikes of other dates/mints. The New York Bank hoard of U.S. Treasury morgan silver dollars was one of the most exciting chapters of my numismatic career. Around 3.2 million of the 1884-S Morgan Silver Dollars were minted and almost all of them were put up into circulation. New Orleans and Philadelphia Mints. These huge numbers are reflected in affordable values on the chart for most dates. 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. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. To get some idea of the monetary value coin collectors and investors have placed on Morgan silver dollars, you only need to look at a chart of the rare Morgan dollar values. There are also the Double-die reverse error issues that go up to $5000 at MS-60. Always keep a close eye on the Silver Dollars you want to buy, most of the time the auction will last a few days. Valuing the 1878 Morgan Silver Dollar Here is a current list of the top 10 most valuable Morgan Silver Dollars from general circulation (updated: 2021). In terms of mintage in the New Orleans mint, the 1893-O was the lowest. If there is not a mint mark on the coin, you can assume that it was minted at the Philadelphia Mint. It stopped when the flow of silver dollars ended in 1964. Includes series history, key dates, mintages, and details of each release of the series. Just place a bid on the silver dollar of your choice and wait. 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. Relevance Name, A to Z Name, Z to A Price, low to high Price, high to low View. Free … You could get an MS-60 of this coin at $5500. This is not a coin you want to carry around in your pocket. Click here to Sign In. Pristine coins from the 1870s command higher premiums than most other Morgan Silver Dollars. The coins' are called by the name of the designer - George Morgan. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! Of the 880 Proof coins, around 700 exist today. As a collectible, Morgan silver dollars, minted between 1878 and 1921, have no real peer in American numismatics. You will find data on past and present Morgan Dollar values. In 1878, 10,500,000 Morgan silver dollars were minted at Philadelphia, 9,774,000 at San Francisco, and 2,212,000 at Carson City. Morgan Silver Dollars hold immense historical significance, being a major part of America’s early development westward. While they were minted for just $1, they are both made of 90% silver. For the best experience on our site, be sure to turn on Javascript in your browser. Compositionally, the coin is 90% silver and 10% copper. As a collectible, Morgan silver dollars, minted between 1878 and 1921, have no real peer in American numismatics. The New York Bank Hoard Story. Those reserves ran out in 1904 and just like that, the Morgan's production also came to an end. The 1891 Morgan Silver Dollar was a high-mintage, generally low-quality issue for the series. 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