Hopefully this conveys what a valuable employee he is. The latter half of the 1880s was a time of higher-than-usual production figures for Morgan Silver Dollars, and the 1886 Morgan Silver Dollar was no exception. The highest price ever paid for a Proof 1895 Morgan silver dollar was $269,500 in June 2020 at David Lawrence RC Internet Auction #1123 for a coin that is graded PCGS Proof 67+ DCAM. Previous counterfeit Morgan Silver Dollars have been identified with improper weights. Franklin and Kennedy half-dollars minted between 1947 in 1964 are composed of 90 percent silver and 10 percent copper that weigh 12.5 grams with a tolerance of 0.259 grams. Gem condition grades exist but only a few, some have been sold in auction, below are a few examples of 1882 S Morgan Silver Dollar sold at auction. Therefore, you can use the following detailed specifications to help you authenticate your Morgan silver dollars. One of the most common are the misshapen letters RIB in the phrase E Pluribus Unum.. Calculate 90% silver value : ( 20.58 .0321507466 26.73 .90) = $15.9176095864. The troubling part of this latest discovery by the NGC is the fact that it represents a previously unreported contemporary counterfeit of the Morgan Silver Dollar, the 1894-O. A flaw was spotted next to the fifth star on the left of the date mark. 11/8/2022 10:50 AM
NGC makes the World Coin Price Guide available to its website visitors as a free service, but in no way does the information provided represent NGCs official opinion or policy. In extremely fine condition the value is around $100. The law artificially inflated the price of silver to satisfy the mining interests. In times of scarce silver bullion supply availability, the prices for these modern silver dollar coins can appreciate well above the ongoing derivative driven silver spot price (e.g., fall 2008, early 2009 peaking around +80% above the then silver spot price in the retail silver bullion market). For the best experience on our site, be sure to turn on Javascript in your browser. Liberty facing left, hair in a Phrygian cap, and LIBERTY inscribed on a ribbon or band holding a spray of leaves and sheaves. Why a dollar today is worth only 4% of a dollar in 1878 $100 in 1878 is equivalent in purchasing power to about $2,743.10 today, an increase of $2,643.10 over 143 years. | 5 Coin Types. If youve seen any Morgan Silver Dollars available in online auctions with a price that is too good to be true, the odds are high that is precisely the case. While this isnt an immediate sign of a counterfeit, it is if that D mint mark is on a coin whose date of issue is any year other than 1921. . Morgan dollars, officially known as Liberty Head dollars, are among the most popular United States coins. These more modern silver dollar coins typically yield holders selling silver bullion; a fiat Federal Reserve note bid price of around $1 above the fluctuating silver spot price. The best bullion deals straight to your inbox. This option works well if your silver dollars are stored in canvas bags. 1887 Morgan Silver Dollar Value Today any 1887 Morgan silver dollar value is a minimum of $18.09 . 1893-S Morgan Silver Dollar, Mint and Uncirculated. 3.) The Morgan Silver Dollar is 90% silver and was minted from 1878 to 1904 and then again in 1921 to commemorate the introduction of the Peace Dollar as the new silver dollar coin. Item Number: 21XE. Uncirculated coins with a grade of MS 65 can . 1884 S Morgan Silver Dollar - $250,000 5.) How much is a 1889 O silver dollar worth? ,Morgan Silver Dollar Uncirculated 1885-O ,1899-O Morgan Silver Dollar BU,The First and Last San Francisco Morgan Silver Dollars,2021 D&S Morgan Silver Dollars Released ,1891 Morgan Silver Dollar Values,SUPER STRONG MAGNETIC MORGAN SILVER DOLLAR COIN - Pegani,Morgan and Peace Silver Dollars - US Mint Catalog Online,Morgan . 1884 CC PROOF LIKE Morgan Silver Dollar ( MS 65 PL ) PCGS CARSON CITY BV$850. Each Morgan dollar is struck from 90% silver. USA Coin Book Estimated Value of 1921 Morgan Silver Dollar is Worth $30 in Average Condition and can be Worth $53 to $193 or more in Uncirculated (MS+) Mint Condition. The NGC and others maintain a list of known Morgan Silver Dollar forgeries that have come along. of .999 fine silver with an uncirculated finish. Peace Silver Dollar. These coins usually carry a premium and are valued above a common coin of the same date and mint. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. 0.0000 Troy Ounces (does not contain any gold), 0.0000 Troy Ounces (does not contain any platinum). Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. The 90% Peace Dollar silver coin was the final silver dollar coin minted for circulation in the United States of America. Only 50% Of COMEX Silver Available for Delivery? 1893 O Morgan Silver Dollar - $180,000 6.) When people want to learn how much silver is in a silver dollar coin, the vast majority are likely looking up older US 90% silver dollar coin. All Rights Reserved. The coin is named after its designer, George T. Morgan. 1901 Morgan Silver Dollar - $425,500 3.) Hundreds of millions of these coins never went into circulation and were stored in cloth bags containing 1,000 coins each. Free shipping. As Govmint.com notes, the 1918 Pittman Act required the government to replenish its silver bullion stores by melting down all Morgan Silver Dollars stored in Treasury vaults. How much is a 1878 Morgan Silver Dollar uncirculated worth? It now only shows the 10 most valauble Morgans. Over 500 million have been struck and sold to the investing public since 1986. They were struck every year from 1878 to 1904 and revived again in 1921 for a single year. Last Updated:
The popular Silver Eagle bullion coin gets stamped with artificially low legal tender face values of 1 US dollar, yet their silver melt value is markedly higher in value. Melt Value: $15.92Last Updated: 11/6/2022 8:35 PM EST. In troy ounces, they contain 0.316 troy ounces of silver in each uncirculated 40% silver dollar coin. The Treasury Department then stored the bags in government vaults. The coin is named after its designer, George T. Morgan. Morgan Dollars contain three-quarters of an ounce of 90% silver, mined from Nevada's legendary Comstock Lode. The NGC spotted a very well-designed counterfeit Morgan Silver Dollar in a collection of the coins submitted for grading. - Only 50% Of COMEX Silver Available for Delivery? Circulated silver dollar coins typically weigh 26.73 grams in total. You can also use decimal values for partial bags. With increasing silver price theses old silver dollars are worth a nice minimum value. Boom. For the best experience on our site, be sure to turn on Javascript in your browser. All Morgan Silver Dollar coins were originally struck by the United States Mint with .900 silver content and .10 copper. Poorly struck letters on the reverse. Purity: 90.0% silver Weight: 26.73 grams Silver-Selling-Value: $14.51. Christmas gift for my office manager who loves coins. How much does a 1878 Morgan Silver Dollar weigh? 1893 O Morgan Silver Dollar - $180,000. The various uncirculated and proof collector versions of this design have 40% silver within them. These coins were minted at five different mint locations, Denver, Philadelphia, San Francisco, New Orleans and the famed Carson City facility. BothMorgan dollar silver coins andPeace dollar silver coins, are formerly circulating silver dollar coins our forefathers used in daily transactions. Another commonly used incorrect mint mark by forgers is the Carson City CC mark. 0.858 troy oz. Just over 305,000,000 of these 90% silver Morgan Dollar coins were minted and issued. How Much Silver is in a Morgan Dollar? Here is a rundown of Peace silver dollar values: 1924-S $24 to $600 in Good-4 through Mint State-63. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Modern large America the Beautiful (ATB) silver bullion coins are a collectible series of silver bullion coins with another arbitrarily low legal tender face value of a quarter dollar (25). 1889-O Morgan Dollar Value According to the NGC Price Guide, the estimated value of an 1889-O Morgan Silver Dollar in Mint State (MS) is between $200 to $16,000. Philadelphia, Denver, San Francisco, New Orleans, Carson City. In many cases, they less than half the weight of a true Morgan Silver Dollar. Central Banks Continue to Buy Gold Bullion at Record Highs. The best bullion deals straight to your inbox. Purity: 90.0% silver Weight: 26.73 grams Silver-Selling-Value: $14.51. Early Silver Dollars. Join. Remember, it should weigh 412.5 grains, or 26.73 grams. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides. It's updated every 15 minutes. | Melt Value? . - Only 50% Of COMEX Silver Available for Delivery? Diameter: 38.1 mm. Total metal weight 26.73 Grams; Diameter: 38.1 millimeters: Coin Set: No: Series (1878-1904) Morgan Silver Dollar (BU) How do I know if my silver dollar is worth anything? Are Morgan silver dollars from China Real? Morgan silver dollars are one of the most popular series of United States coins amongst coin collectors. Chinese counterfeits are proliferating coin collections everywhere. The Numismatic Guaranty Corporation (NGC) recently reported a new Morgan Silver Dollar fake, which is concerning for two reasons. The Morgan Dollars were minted from 1878 to 1904 and again for one more year in 1921. Morgan Silver Dollars weight 26.73 grams. The US Mint made just over 111,000,000 of these 90% Peace Silver Dollar coins got minted in a total 10-year timeframe of mintages. The diameter and thickness of an uncirculated silver dollar should be 38.1 mm and 2.4mm, respectively. Both Morgan silver dollars and Peace silver dollars were minted in 1921. (Gold and silver are measured in troy ounces.) Silver Bullion Being Airlifted to Meet Eastern Demand, Chart: It Hasn't Been This Bad in 100 Years, COMEX Silver Vault Inventories Continue to be Depleted, Bank of England Stepping in to Bail Out UK Pension Funds. The dollar has a fineness of .900, giving a total silver content of 0.77344 troy ounces per coin. Morgans have surfaced on the web in recent years that feature a D mint mark. For example, 1895-CC coins are common counterfeits, and easily identified as such because there were no Morgans struck in Carson City that year. All were minted with the Reverse of 1879 (SAF), with rounded eagle's breast and slanted arrow top feathers. 1893 S Morgan Silver Dollar - $550,000 2.) Many circulated coins are worth only their bullion value. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Do your research. Metal Composition: 90% Silver - 10% Copper. Silver Bullion Being Airlifted to Meet Eastern Demand, Chart: It Hasn't Been This Bad in 100 Years, COMEX Silver Vault Inventories Continue to be Depleted, Bank of England Stepping in to Bail Out UK Pension Funds. of .900 fine silver with a diameter measurement of 38.1 mm. For these reasons, the Silver Morgan Dollar coins maintain a high degree of popularity across silver coin collectors, particularly those with a focus on the 90% silver coins. Morgan Silver Dollars for Sale at ModernCoinMart These numbers are based on coins in MS60 Condition or better. Both the 1964 quarters with no mint mark and the 1964 D quarters are worth around $6 each in extremely fine condition. 1893 CC Morgan Dollar: $5,700-$80,000 1895 O Morgan Dollar: $16,000-$183,000 1896 O Morgan Dollar: $1,700-$200,000 1886 O Morgan Dollar: $1,000-$210,000 1892 S Morgan Dollar: $45,500-$210,000 1893 O Morgan Dollar: $3,200-$220,000 1884 S Morgan Dollar: $8,000-$263,000 1889 CC Morgan Dollar: $27,000 . The modern Silver Eagle Coin is yet are another example of Greshams Law(how fiat currency drives out sound circulating monies). However, the total melt value is continued below. How much does the Morgan Silver Dollar Weigh? Morgan Silver Dollars made between 1879 and 1899 with a hub that left a narrow gap between the eagles neck on the reverse and its right-facing wing. Depending on the date and mintmark, prices for a coin can range from about $30 to $10,000 or more. 1901 Morgan Silver Dollar - $425,500. In troy ounces, which are measurements more commonly used than grams in the USA, older circulated silver dollar coins weigh 0.8593 troy ounces in total. This new counterfeit also featured a reverse die flaw used previously on the 1893-O counterfeit, and the 1896-O and 1900-O Morgan Silver Dollar counterfeits. Given Gresham's Law, (i.e., bad money drives out good money), these ever rarer large overall 26.73-gram weight coins are more often treated as collectibles rather than mere day to day transactional monetary units. 1. . Coins that have a Deep Mirror Proof-Like (DMPL)finish were made for circulation. Beware of removed Mint marks. 1 / 2. These prices are not intended, and should not be relied upon, to replace the due diligence and when appropriate expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. 1.) These fine silver bullion coins contain five troy ounces of silver or 155.517 grams of silver bullion. With an over 650,000,000 million Morgan Dollar Coin Mintage, most of the yet to have been melted Silver Morgan Dollar Coins remain in silver collector hands and collections. 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. Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades. Read More . To calculate the current Morgan Silver Dollar Coin melt value, multiply 0.77345 by the ongoing fluctuating silver spot price documented here on our website. Here we cover five various silver dollar coins for overall silver weights and content. Your next five options are for entering your amounts by the face value of your silver dollars. $755.00. These coins were minted from 1878-1904 and then in 1921. The 5 oz America the Beautiful Silver Dollar Coin series, has been issued since 2010 and will continue to be released until at least the year 2021. JavaScript seems to be disabled in your browser. Mass / Weight: 26.73 grams. Littleton Coin Company is proud to offer a large assortment of these popular coins in a wide range of . The Morgan Silver Dollar has a fineness of .900, and weighs a total silver content of 0.77344 troy ounces per coin. We look at . It contained 412.5 grains of 90% pure silver (or 371.25 gr = 24.056 g = 0.7735 oz t of pure silver). that Morgan Silver Dollars were struck at the Denver Mint. The coin weighs in at 26.73 grams and has a diameter of 38.1mm. . How much pure silver is in a Morgan silver dollar? About 11 million more silver dollars were melted in order to use the metal in other silver coins. What may have appeared to be a modest premium over the melt value (of just 10%) is nearly 50% in reality! 5.) Eisenhower Silver Dollar. They, therefore, contain just over 0.7734 troy ounces of silver content. Many date and mintmark combination are worth well above minimum value. 100th anniversary of the last year of the ''Morgan Dollar''. Morgan Silver Dollar Coin Mintages 1878 - 1904 & in 1921 The 90% Morgan Dollar silver coins got struck over a 28-year timeframe. Given that repressed commodity values are now near 100-year low level valuations versus large US stocks, James remains convinced investors and savers should buy and maintain a prudent physical bullion position now, before more unfunded promises debase away in the coming decades. The store will not work correctly in the case when cookies are disabled. See pricing for U.S. Silver Coins in the NGC US Coin Price Guide . Early Silver Dollars (1878-1921) Designer - Engraver: George T Morgan. New Orleans Mint Morgan Silver Dollar coins from the 1890s are semi-key date pieces, meaning they are relatively hard to come by in the greater series of Morgan Silver Dollars. Although Mint records indicate that business strikes were produced, none are known to have survived. 2 days ago. For the best experience on our site, be sure to turn on Javascript in your browser. 2022 SD Bullion, Inc. All rights reserved. - Silver Bullion Being Airlifted to Meet Eastern Demand, - Chart: It Hasn't Been This Bad in 100 Years, - COMEX Silver Vault Inventories Continue to be Depleted, - Bank of England Stepping in to Bail Out UK Pension Funds, Get the latest deals and news!
Subscribe to our mailing list.. With more than 30 million Morgan Dollars minted during that year alone, 1886 Morgan Dollars are among the most commonly seen in the market place today, even in light of the mass melting the series experienced under the Pittman Act of 1918. Reeding can be found on the edges and denticles are around both the obverse and reverse. They show the same designs as the original coins, and each new coin is made of .999 fine Silver and struck on a 38 mm planchet. For Sale 1664 Auctions 16 Wishlist 60 Collection 3849. Learn How to Grade Morgan Silver Dollars The Morgan Dollar is minted in 90% silver and 10% copper. Most of the Morgan Silver Dollar Coins being bought and sold today have higher premiums over their silver melt values due to their rarity and silver coin collector demand. Morgan silver dollar collectors look for these popularerrorsandvarieties. Poorly struck numbers in the date. Analysis of the metal content showed the coin had a .918 silver fineness, above the US Mint standards for a silver circulation coin of the age. 1889 CC Morgan Silver Dollar - $280,000. The NGC cites the VAM reference as a good starting point to read up on known forgeries. Free shipping. The Morgan silver dollar is one of the most famous and highly collected U.S. coins of all time. Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Like the 1921 (P), the auction record for this issue sold for more than $19,000. On the reverse, below the wreath and above the "DO" in DOLLAR. Prices provided are averages, not specific prices for individual coins. It was then replaced with the Peace silver dollar. One necessary point to determine is the mint striking your coin. Although the mint produced Proof coins in some years, not all coins that have a cameo contrast are considered Proof coins. Consider putting together a date set, or try the more challenging set of 13 Carson City issues; or assemble the entire set and upgrade as your budget permits. The Morgan Dollar. 1893 S Morgan Silver Dollar - $550,000. 1921-S Morgan dollars grading in the low mint state range are very desirable. Aside from that, the coin had a granular texture and lacked sharpness despite its well-circulated appearance. Fake Morgan Dollars Made in China These freshly minted fake Morgan silver dollars are high-quality counterfeits. Not all mint facilities made coins in every year of issue. These 2021 Morgan Dollars have some of the lowest mintages of the entire series, at only 175,000 coins each. Popular Morgan Dollars If your Morgan dollar is a special variety, it will likely command a higher price. 1884 CC Morgan Silver Dollar ( MS 65 ) PCGS CARSON CITY , older holder BV600. The 2021 Morgan Dollar is part of the Morgan and Peace Dollar Anniversary Coin Program.. Minted from 1878 to 1904, and again in 1921, the Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925). In uncirculated condition the value is around $9 for coins with an MS 60 grade. How much are silver Morgan dollar coins worth? 1880-O Morgan silver dollars were released into circulation around the time they were minted and in dribs and drabs in later years. In the 1970s, the United States government decided to sell these coins to collectors. Morgan Silver Dollar Values Popular and always in demand, minimum Morgan silver dollar values begin at $17.46 for a heavily worn example. (Gold and silver are measured in troy ounces.) We've updated our Privacy Policy, which will go in to effect on September 1, 2022. Copyright 2022 JM Bullion. Lets go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. We also examine how to calculate their silver melt value using simple arithmetic and the silver bullion content contained in each. The coin's worth rises to about $295 to $8,500 for Proof Like (PL) and $365 to $85,000 for Deep Proof Like (DPL) coins in the current market. Steps Leading to Value: Sign up for more easy craft ideas, fun hobbies, and DIY projects, Profile of the 1895 Proof Morgan Silver Dollar, Before You Invest in Morgan Dollars, Consider These Points, Kennedy Half Dollar Values and Prices (1964-2015), Lincoln Wheat Penny Key Dates, Rarities and Varieties. If you already have a Morgan Silver Dollar and believe it may be fake, throw it on a scale. Access to the NGC Census requires a free membership in the NGC Collectors Society. - Silver Bullion Being Airlifted to Meet Eastern Demand, - Chart: It Hasn't Been This Bad in 100 Years, - COMEX Silver Vault Inventories Continue to be Depleted, - Bank of England Stepping in to Bail Out UK Pension Funds, Get the latest deals and news!
Subscribe to our mailing list.. Be sure to pick up our free SD Bullion Guide by email right now. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion. Purity: 40.0% silver Weight: 24.62 . Uncirculated coins with a grade of MS 65 can sell for around $1,000. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. NGC MS-64 $745 00 26.73 Grams Enhance your purchase. He has authored several Gold & Silver Guides and has been featured on the History Channel, Zero Hedge, Gold-Eagle, Silver Seek, Value Walk and many more. The 1882-S Morgan Silver Dollar is a coin that has an estimated value of approximately $31 in average condition and can be worth as much as $58 to $202 or more in uncirculated (MS+) mint condition. Year Details Mintage G (4) VG (8) F (12 . . You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion. 2022 SD Bullion, Inc. All rights reserved. How Much is a Silver Dollar Worth? Learn More. Any specimen should be authenticated by a reputable third-party grading service. The 1878 silver dollar with no mint mark 8 feather variation is worth around $85 in very fine condition. Often the result of different fonts between the original coins and counterfeit coins.
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