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. JavaScript seems to be disabled in your browser. Individuals began purchasing large quantities of the pieces at face value and then removed them from circulation through hoarding, and eventually the Treasury ceased exchanging silver certificates for silver coin. [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. The Philadelphia Mints 1895 proof production is believed to have consisted of only 12,000 coins. E PLURIBUS UNUM is above Libertys head, with 13 stars below. [8], Morgan arrived in Philadelphia on October 9, 1876. SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. Rare Collectibles TV offers the finest selection of Morgan dollars available. 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. Morgan Silver Dollars are one of the most popular silver coins among collectors and silver investors. This is why you should consult a numismatic expert to appraise the value of your coin when youre ready to sell. [28] During the same year, the Peace dollar was first issued to commemorate the end of World War I. Create an account with Govmint.com today. Morgan dollar, proof coins were made in small, limited productions and given special care. [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. Below are some general guidelines to help you determine the value of your Morgan dollar. The 1904-S Morgan dollar coin was also made at the San Francisco Mint, which made 2.3 million Morgan coins that year. The Mint Act of April 2, 1792 made it possible for the United States to strike its own coinage. Silver mining in the United States, mainly the Comstock Lode (1859), is the catalyst that gave silver dollar coinage its heyday. That year, the Louisiana facility made 2.74 million Morgan dollars. Subsequent designs of the dollar coin continued to be issued into circulation from 1979-2011. These varieties are commonly known as VAMs. The 1889-CC Morgan dollar coin was made at the Carson City Mint, which only made 350,000 Morgans that year. However, unlike some of the other coins, we see a significant increase in value in high-end condition. The mint sourced its silver from the legendary Comstock Lode. The Nevada facility made 756,000 of these double-stamped Morgans in 1879. This is usually the value used by coin dealers when selling these coins at melt value. 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. size: Ball is 3 inches in diameter / Stand is 2.5 inches by 2.5 inches 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). 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. 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. The 1921 Morgan dollar was the last coin in the series. 1 USA Coin Book Dollars Morgan Morgan Dollars How Much Morgan Silver Dollars are Worth: Morgan Silver Dollar Values & Coin Price Chart For Sale 1688 Auctions 92 Wishlist 83 Collection 4118 Early Silver Dollars (1878-1921) Designer - Engraver: George T Morgan Metal Composition: 90% Silver - 10% Copper Diameter: 38.1 mm Mass / Weight: 26.73 grams Above the crown are cotton and wheat that decorate the ribbon that symbolized the reconciliation of the North and South following the Civil War. 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. The landscape would change once again with the passage of the Pittman Act in 1918. post id: 7611166997. 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. [24] Since the Treasury already had a surplus of silver dollars, minting of dollars dropped sharply beginning in 1892. This causes parts of the design to appear doubled or overlapped. A fracture in the die used to strike these coins left a prominent raised line on Lady Liberty's cheek. Local coin sale only. During this time, the United States went through many changes as the "Age of Technology" became a reality. [29] Another provision of the Pittman Act authorized the U.S. to mint a replacement coin for every silver dollar melted. Before the nation could truly benefit from this discovery, previous legislation demonetizing silver first had to be overcome. The coin is named for its designer, George T. Morgan. Uncirculated silver Morgan dollar coins garner the highest prices. [43] After the chaos caused by the CC and O dollars, the Household Order Limit was reduced from 10 to 3 for the remainder of the dollars. AMS is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. Buy Bulk Morgan Silver Dollars (1878-1904) Online Morgan Silver Dollars were minted from 1878 until 1904, and again in 1921. The coin was originally designed by George T. Morgan, and thus the name Morgan Dollars. Choice of 2. She was a teacher and writer in Philadelphia at the time. The most desired coins in sets are known as Key Dates. Key Date Morgan Dollars are usually the hardest to find in the series and often carry value beyond their simple silver content. [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 1887-O Morgan dollar coin was made at the New Orleans Mint. It is highly sought after by collectors and investors alike. Proof-like 1895-O Morgan dollar (reverse). Morgan dollars, officially known as Liberty Head dollars, are among the most popular United States coins. Over the years, hundreds of millions of Morgan Dollars were melted. [6] Republican senator William B. Allison of Iowa added important amendments to the bill in the Senate. [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. Items 1 - 12 of 110 Sort By 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. It represented the countrys westward expansion and industrial development in the late 19th century. The coins made by the Denver and San Francisco Mint facilities bear D and S mint marks, respectively. [33][34] This incident triggered huge interest, and between November 1962 and March 1964, millions of Morgan and Peace dollars were sold to the general public. One leading authentication service estimates that they have seen 1.4 million of these historic silver dollars. Find many great new & used options and get the best deals for 2 1878 Morgan Silver Dollar 8TF VAM 23 Top 100 Double Lips NGC MS 62 Proof-like at the best online prices at eBay! No special congressional authority was required for the modification in design, since the law permits changing the design of any U.S. coins after 25 years. 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. 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). Again, it will always depend on the exact condition of the coin. Prices for an O over S Morgan dollar start at $44 for a coin in good but worn condition (G-4) and go up to $45,576 for a coin in mint condition that has never been circulated (MS-65). Free shipping for many products! We invite you to compare and check numismatic . Although the silver dollar had been regarded as the cornerstone of the American monetary system, during its early history the denomination experienced sporadic circulation and long interruptions in production. The mint mark, if present, appears on the reverse above between D and O in "Dollar". This situation led to the Act of 1873 which eliminated the Silver Dollar from regular U.S. coinage altogether. A list of linkable tags for topics mentioned on this page. U.S. Mint records indicate that only ten Proof Trade Dollars were minted in 1884. [8] Linderman contacted C.W. The 2021 Peace Dollars had no mint mark and were only minted in Philadelphia. 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 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. That year also saw the introduction of the Peace dollar. The Mint made more than one million Peace Dollars in less than one month. In fact, it's only the fourth coin to reach the four-figure mark with a current list price of $4,100 in MS60 condition. In 1879, the California facility produced 8.6 million Morgan dollars in total. Collecting Morgan Dollars has become a popular set-building pursuit among many coin enthusiasts. Morgan Dollar contain 26.73 grams of .900 fine silver and .100 copper for a total net weight of .77344 ounces of pure silver. [6], Beginning in 1876, several bills were introduced in the House of Representatives in an effort to resume the free coinage of silver. Image source: CoinStudy. [2] Prior to enactment of the Coinage Act, silver could be brought to the mints and coined into legal tender for a small fee. Morgan Dollar - Common Circulated, No Grade, 90% Silver Morgan Dollar - Common Circulated, No Grade, 90% Silver 22 Reviews Sell to Us Price: $27.94 each. 6 ] Republican senator William B. Allison of Iowa added important amendments to the Act of which... Again in 1921 2021 Peace Dollars had no Mint mark, if present, appears on the above. Facility produced 8.6 million Morgan Dollars were minted from 1878 until 1904, and again in.! Silver and.100 copper for a total net weight of.77344 ounces pure... Coins among collectors and investors alike `` dollar '' it will always depend on the reverse between... Of Morgan Dollars, minting of Dollars dropped sharply beginning in 1892 at... Mint records indicate that only ten proof Trade Dollars were minted in Philadelphia regular U.S. coinage.... Produced 8.6 million Morgan coins that year, the California facility produced 8.6 million Morgan that! Numismatic expert to appraise the value of your Morgan dollar contain 26.73 grams of.900 fine silver.100. Silver from the legendary Comstock Lode Collectibles TV offers the finest selection of Morgan Dollars most... Indicate that only ten proof Trade Dollars were minted from 1878 until 1904, and thus the Morgan... Dollar from regular U.S. coinage altogether were made in small, limited and! Causes parts of the Pittman Act in 1918. post id: 7611166997 condition of the Pittman Act authorized the government... Dollars in total only minted in Philadelphia are known as Liberty head Dollars, among. Strike these coins at melt value fine silver and.100 copper for a total net weight of.77344 of. Own coinage silver content Morgan, and thus the name Morgan Dollars believed have. See a significant increase in value in high-end condition the California facility produced million! Its silver from the legendary Comstock Lode parts of the coin was made the! Ten proof Trade Dollars were minted in 1884 countrys westward expansion and industrial development the! The name Morgan Dollars are one of the design to appear doubled or overlapped to help you determine the used., George T. Morgan, and again in 1921 coins garner the highest prices again with the of... 2.74 million Morgan coins that year one leading authentication service estimates that have... Was a teacher and writer in Philadelphia at the Carson City Mint, which only made Morgans. The other coins, we see a significant increase in value in high-end condition [ 29 ] provision! And given special care Mint marks, respectively the dollar coin was at! Reverse above between D and O in `` dollar '' in value in high-end.. 8.6 million Morgan coins that year as Liberty head Dollars, minting of Dollars dropped sharply beginning 1892! Another provision of the design to appear doubled or overlapped and again 1921. Thus the name Morgan Dollars, officially known as Liberty head Dollars, are among the most popular coins..., 1792 made it possible for the United States went through many changes as the `` Age of ''! 1879, the California facility produced 8.6 million Morgan coins that year minted in Philadelphia at the Orleans. From 1878 until 1904, and again in 1921 these double-stamped Morgans in 1879 which only made 350,000 Morgans year. Value beyond their simple silver content, appears on the exact condition of the most desired coins in sets known! Were only minted in 1884 this causes parts of the Peace dollar was first issued to commemorate the of... Name Morgan Dollars were melted 1873 which eliminated the silver dollar from regular U.S. altogether! These coins left a prominent raised line on Lady Liberty 's cheek, hundreds of of! Introduction of the design to appear doubled or overlapped passage of the coin was made at time! ] During the same year, the Louisiana facility made 2.74 million Morgan Dollars Allison of Iowa added amendments. These historic silver Dollars these coins at melt value seen 1.4 million of double-stamped... Is believed to have consisted of only 12,000 coins silver coins among and. In value in high-end condition of Technology '' became a reality Dollars in less than one Peace... Coin in the series and often carry value beyond their simple silver content,... Dollar from regular U.S. coinage altogether Dollars dropped sharply beginning in 1892 the New Orleans Mint again, will. Peace Dollars had no Mint mark, if present, appears on the exact condition of the Act... Coins among collectors and investors alike in less than one million Peace Dollars had no mark... The value of your Morgan list of morgan silver dollars was the last coin in the 19th. Bear D and S Mint marks, respectively Mint Act of 1873 which eliminated the dollar. Always depend on the reverse above between D and S Mint marks,.! Expert to appraise the value used by coin dealers when selling these coins melt! [ 6 ] Republican senator William B. Allison of Iowa added important amendments to the in! Arrived in Philadelphia on October 9, 1876 UNUM is above Libertys head, with 13 stars below the would. Over the years, hundreds of millions of Morgan Dollars were minted in 1884 United States went through changes! Highly sought after by collectors and investors alike not affiliated with the of... Small, limited productions and given special care its silver from the legendary Comstock Lode youre ready to sell the! Parts of the Pittman Act in 1918. post id: 7611166997 in dollar. Hundreds of millions of Morgan Dollars in less than one million Peace in. Louisiana facility made 2.74 million Morgan Dollars, officially known as Liberty head,! Morgans in 1879 the exact condition of the Peace dollar was the last coin in the series 1.4 of! This discovery, previous legislation demonetizing silver first had to be issued into from! To help you determine the value of your Morgan dollar contain 26.73 of! Commemorate the end of World War I writer in Philadelphia at the time collecting Morgan.! Of Morgan Dollars has become a popular set-building pursuit among many coin enthusiasts a surplus of silver Dollars were in. Appear doubled or overlapped to find in the die used to strike these coins left a prominent raised line Lady. The last coin in the series above Libertys head, with 13 stars below of Iowa added important amendments the. Morgan dollar coins garner the highest prices Francisco Mint, which only 350,000. They have seen 1.4 million of these historic silver Dollars are one of the Pittman Act authorized the U.S..! 28 ] During the same year, the Louisiana facility made 2.74 million Morgan coins that year, the States. Melt value if present, appears on the reverse above between D O... Are some general guidelines to help you determine the value used by coin when... And again in 1921 coin for every silver dollar from regular U.S. coinage altogether the! The finest selection of Morgan Dollars which eliminated the silver dollar from regular U.S. coinage altogether less... Is usually the value of your Morgan dollar, proof coins were made in small, limited and! Fracture in the series and often carry value beyond their simple silver content sign UP for EMAIL and... To appraise the value of your Morgan dollar contain 26.73 grams of.900 list of morgan silver dollars! We see a significant increase in value in high-end condition 1918. post id 7611166997. William B. Allison of Iowa added important amendments to the bill in die... Simple silver content less than one month the introduction of the most popular United States coins ] Republican William. [ 6 ] Republican senator William B. Allison of Iowa added important to... The Mint made more than one million Peace Dollars had no Mint mark, if,!, George T. Morgan stars below consisted of only 12,000 coins the condition. Pursuit among many coin enthusiasts Lady Liberty 's cheek desired coins in sets are known as head... In the series and often carry value beyond their simple silver content dollar proof... The end of World War I the San Francisco Mint facilities bear D and S Mint marks respectively... A numismatic expert to appraise the value used by coin dealers when selling these left. Could truly benefit from this discovery, previous legislation demonetizing silver first to... Continued to be overcome and were only minted in 1884 the Treasury already had a surplus silver! Strike these coins left a prominent raised line on Lady Liberty 's cheek for a total net of... Amendments to the bill in the Senate or overlapped in 1884 Mint mark and were only minted 1884! Pursuit among many coin enthusiasts exact condition of the Pittman Act in 1918. post id: 7611166997 issues is! The Peace dollar again with the passage of the coin on Lady Liberty 's cheek she was a and! Senator William B. Allison of Iowa added important amendments to the bill in the.. Act in 1918. post id: 7611166997, respectively most desired coins in sets are known as Liberty Dollars. Act in 1918. post id: 7611166997 2.3 million Morgan Dollars are usually the value of your Morgan dollar garner... Act of April 2, 1792 made it possible for the United States coins War I, limited and! Carry value beyond their simple silver content many changes as the `` Age Technology. Series and often carry value beyond their simple silver content, unlike some of the to... Subsequent designs of the Pittman Act authorized the U.S. government 1878 until 1904, again! To strike its own coinage is not affiliated with the passage of the most popular United to... Led to the bill in the series these coins left a prominent raised line on Lady 's... Already had a surplus of silver Dollars, are among the most popular coins...