The New York Bank Hoard Story. The Most Sought After Morgan Silver Dollars. Price movements from 1950 to the present for individual dates in this popular collector series are reported. This is not a coin you want to carry around in your pocket. 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. Already have an account? 1878-CC Morgan Silver Dollar. //-->. Coins minted in Philadelphia have no mint mark. For instance, in 1877, the mine produced $21 million worth of silver ($494,090,625 in todayâs money). This entry was posted in Silver coins and tagged rare morgan dollars, morgan dollars on June 21, 2017 by lavanya kannan. 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. The San Francisco mint minted 1.2 million of the 1892-S coins and almost all of them were put up into circulation. But none of these business strike coins exist today. EF-40 of the 1895 can be collected for $30,000! They are quite rare in Mint-state conditions and even an MS-60 costs around $18,000. Morgan Dollars and Peace Dollars are the most collected U.S. coins. The government also had silver reserves that were only to be used to melt and mint silver dollars. Sign Up by entering the information below, Sign In by entering the information below. Now, imagine finding 16 sealed original U.S. Treasury bags containing 16,000 vintage Morgan Dollars! 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. Even About Uncirculated â¦ These huge numbers are reflected in affordable values on the chart for most dates. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. The 1878 Morgan silver dollar has a diameter of 38.1 mm and a mass of 26.73 grams. My friend gave me a box with some silver dollars in it: Morgan and Hobo silver dollars. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. There are many numerous varieties and overdates, which makes collecting them both complex and interesting. 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. Serious collectors and students of history revel in delight with the thought of owning coins of silver mined from Nevada's famous Comstock Lode. New Orleans and Philadelphia Mints. The lower grades are readily available and inexpensive. google_ad_width = 336; If there is not a mint mark on the coin, you can assume that it was minted at the Philadelphia Mint. The 1889-CC is understandably a rare specimen as only 350,000 were struck. 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. The Peace Dollars were then minted again in 1934 and 1935. It wasn't until 1918 that the reauthorization of the minting and mining of silver coins was passed. Morgan silver dollars were issued from 1878 to 1904 – and after that, following a 17-year rest, one last time in 1921. Always keep a close eye on the Silver Dollars you want to buy, most of the time the auction will last a few days. Most years Philadelphia struck multi-million silver dollars, many years, tens of millions of coins. Call 1-800-928-6468 today and let one of our Carson City Silver Morgan Dollar Specialists assist you. We have seen the history of Morgan dollars and how to go about collecting a Morgan dollar in Shopcsn blog earlier. Free â¦ The New York Bank Hoard Story. If you are able to find an early Morgan that is also in well-preserved condition, you are going to be looking at a price of $100 or more. 813 Proof coins were struck and sell at around $3500 at PF-63 conditions. It's extremely important that novice precious metals investorâ¦ Value of 1891 Morgan Silver Dollar. Morgan dollars are among the most popular United States coins around, and they are found in the collections of countless collectors new and seasoned alike. You could try collecting an AU-50 at $1900. google_ad_slot = "1160034269"; Keep in mind, however, that there were a few years when mint marks were … After the Sherman Silver Purchase act of 1890, the Morgan Silver Dollar production was reduced dramatically in 1893. LOT of 4 Morgan Silver Dollars 90% 1880 1883 1888 1900 EXC DETAIL FREE SHIPPING. You could get an AU-50 for $2250. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. Morgan Dollars. While they were minted for just $1, they are both made of 90% silver. The 1921-dated coins are the most common, and there exists a substantial collector market for pristine, uncirculated specimens of the rarer dates and mint marks . You can find coin values and coin prices for all Morgan Silver Dollars (1878-1904, 1921). button button â¦ There are many numerous varieties and overdates, which makes collecting them both complex and interesting. As a collectible, Morgan silver dollars, minted between 1878 and 1921, have no real peer in American numismatics. It is the dream of most coin collectors, to discover a hidden hoard of rare coins. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. This is one of the "better" fakes as the weight is almost spot on and the coin is not magnetic. You will find data on past and present Morgan Dollar values. 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. Around 3.2 million of the 1884-S Morgan Silver Dollars were minted and almost all of them were put up into circulation. //--> You could get an MS-63 at $4000. This is the first time I have ever heard of these coins. 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. They were designed by George T. Morgan, for whom the coin was colloquially renamed by numismatists and others involved with the coin hobby. Study Morgan silver dollar coin values and trends. Because of the low mintage, even the lower grades are scarce. 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. It follows that the Morgan series struck in Carson City are the rarest and most difficult to find. The pictures below show where to find mint marks on both 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. Morgan Dollars of 1921 Nearly two decades later, the Pittman Act was passed in 1918 as a solution to the huge amounts of unused silver dollars in American banks. 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. There is an 1881-CC, 1885-CC, and an 1886-O. There are a very few left for collectors and the ones that are available demand a huge premium in the Mint-state conditions. You could collect an MS-60 at $2000 or an MS-63 at $8000. $224.95. It is the dream of most coin collectors, to discover a hidden hoard of rare coins. Even though these coins are highly coveted, some collectors ignore them and confine themselves to the business strikes of other dates/mints. Find complete information on 1878-1921 Morgan Silver Dollars. Still, many dates of the Morgan dollar series remain tough to find.