The Morgan silver dollar is the most commonly collected coin in the United States, with the popular Statehood quarters a distant second. About half of all the Morgan Dollars have been melted down as silver bullion since 1918. The fifth edition includes a history of the silver dollar dating back to the 1790s, and chapters on the Morgan dollar's design, its minting process, the five mints that struck the coin from 1878 to 1921, and Treasury hoards and other accumulations. (These mangled Morgans are sometimes referred to as culls or "worse than culls.") 7 Morgan Silver Dollar coins that you should collect; 8 Half Dollars within the group of valuable rare coins. The best condition coins were removed and the remainder were sold at small premiums or even returned to banks to be redeemed at face value. Following the passage of the Bland-Allison Act in 1878, which required the U.S. Treasury to purchase a specified amount of silver to be circulated as silver dollars, Morgan dollars quickly stockpiled in the Treasury and bank reserves. So, it would appear, based on past performance over a period of 55 years, the 1895 is the Morgan silver dollar with the best hope of appreciating significantly in the years ahead, followed by the 1892-CC, 1894, 1878-CC, and 1883-CC. 8.1 U.S. Silver Coins – Prices, Mints & Key Years – 2021 Update; 8.2 TOP 12 Rarest And Most Valuable Coins In The US – 2021 Update; 9 A coin to look out for – Dime coins; How to detect valuable coins with ease. The most popular silver dollar series of all is the Morgan, or “Liberty Head” type, designed by George T. Morgan and in production from 1878 through 1921. Many collectors spend an entire lifetime building their Morgan silver dollar collection. The Morgan Dollar was the most popular in terms of design and convenience. How to Collect Morgan Dollars – Ten Different Ways 1. 1889-CC The Carson City Morgan Silver Dollars were struck from 1878 using the Silver from the Comstock Lode. Morgan Silver Dollars were struck in multiple mints from Philadelphia to New Orleans to Denver. He had had come to the United States in 1876, at the age of thirty-one, following a request by the Treasury Department. Collecting them can be a complicated endeavor. $1,095.00. # 1 Best Seller in Antique & Collectible Coins … Paperback. To take a tour with us, click on the button below: 239-301-8913. That makes locating Morgans with eye appeal more difficult today. Named for its British-born engraver, George T. Morgan (1845-1925), the Morgan Dollar was minted from 1878 to 1904 and once again in 1921. I like the idea of doing the 20th century dollar set because it could be expanded to include Morgans, Peace, Eisenhower, and SBAs. In England, he had studied and worked for the Wyon family, best known for their minting of several American colonial coinage issues. Additionally, demand and premiums for these coins tend to move in cycles, so it’s important to keep your thumb on the pulse of the market. A Guide Book of Morgan Silver Dollars, 5th Edition Q David Bowers. Everyone would love to be able to complete a Morgan dollar set in the top possible grade. In any case, these are popular coins to collect with a large following, including those with passing numismatic interests. It is estimated that only 2% of all Morgan dollars ever minted bear the "CC" mint mark. The new silver dollars featured a design by George T. Morgan, an English-born immigrant. 2. 4.2 out of 5 stars 3. However, the Morgan Dollar series is also one of the most challenging coin series to collect. 1900 1921x3 Peace dollars (I feel most of these guys are in fine condition) 1923x2 1925 1934 1926 Many Americans have seen or own one of these heavy pieces of silver, and they continue to bring back memories of the old days when they were available at the banks at face value. The Morgan dollars are (generally good condition, I would judge them to be between Fine and extremely fine more towards extremely fine). ... Henry P. Linderman ordered Chief Engraver William Barber and one of his assistants, George T. Morgan, to prepare pattern dollars, with the best design to be used on the new coin. These 90% silver dollars are needed by every collector hoping to build a complete date and mint mark collection. Keep in mind, though, that it’s not easy to navigate these islands on your own. Add to Cart. collect Morgan silver dollars than at any other time. Morgan dollars are commonly sold to non-collectors and junk silver investors, though their most enthusiastic market is found among hobbyists who collect one of each date and mintmark variety. Morgan silver dollars were first struck in 1878, and production in that first year was quite substantial at the Philadelphia, Carson City, and San Francisco Mints. Here are the top 25 most valuable silver dollars (Morgan's/Peace Dollars) from the late 1800's to the early 1900's (updated: 2021). Morgan Silver Dollar (Weight is 412½ Grains and .900 Fine Silver) 1878-1921 Click here for Morgan Dollar Pricing Guide. Someday, somebody is bound to collect them. These huge caches were dispersed decades ago, and millions of Morgans disappeared into private collections where they could remain for years. Hint: They're not all rare U.S. coins. The Morgan dollar ceased production in 1904 when the supply of silver authorized by Congress ran out. The United States Treasury melted approximately 270 million silver dollars in 1918 to loan the metal to Great Britain. Even the Denver Mint, which produced silver Morgan dollars for only one year (1921) produced 20,345,000. The Top 100 Morgan Dollar Varieties: The VAM Keys 4th Edition Michael S. Fey. How to Collect U.S. Silver Dollars Inside This Report • Focus on One Branch of the U.S. Mint • Collect Sets From All Five Mints • High Quality Silver Dollars are Still Affordable Building a set of Morgan Silver Dollars begins the moment you acquire your very first one. 4.5 out of 5 stars 86. Original uncirculated bags of 1000 coins were sold at face value. Morgan Dollar or Peace Dollar Morgan Dollars were common Silver Dollars circulated in the late 1800s and early 1900s. We've searched through the coin catalogues, books, and online stores and made a huge list of coin values. Add to Wish List Add to Compare. Yet, unlike the beginning of the 20th century, there are no more large hoards. In 1921, additional Morgan dollars were struck to build up the reserve of coins needed to back paper Silver Certificates. $29.95. What’s not to like about a coin that has a diameter of 1.5 inches and contains over three-quarters of an ounce of silver, or 0.7734 ounce to be precise? Paperback. Key-date Morgans are the scarcer dates that are usually more difficult to find. If you intend to collect or invest in the Morgan Silver Dollar, keep a close eye on the number of tail feathers on the eagle. Furthermore, they contain less silver content than American silver eagles, at .774 troy ounces. CC Morgan Silver Dollars are sought after far and wide by both the most experienced of coin collectors as well as numismatic novices. Because Morgan silver dollars have wide appeal and collectible value, they sell at a decent premium over the melt value of the coins. 24 offers from $10.03. In part, this is because so many dates are hard to find and super expensive. The Philadelphia Mint started production first, and it was there that several interesting reverse varieties were struck. Many of the coins can be purchased inexpensively. That would be the value if the Morgan Dollar was so worn lacking details. Menu . Add to Wish List Add to Compare. Paperback. Shop By Category. To take advantage of the treasures they hold, a shelling tour is your best bet. Confusion over Value of Graded Morgan Dollars & High Buy-Sell Spreads Even bags of Morgan Dollars (and Peace Dollars) that are in the worst possible condition are substantially less cost effective than buying standard pre 1965 silver coins. The Morgan Silver Dollar, the king of 19 th century U.S. coins, has all but dominated the numismatic hobby and coin market within the United States since the 1960s.. Lastly, a number of $99.95. $14.07. For a common Morgan Dollar that has some detail but not quite mint state or uncirculated, you could get between $30 and $50. Morgan Silver Dollars Collection Morgan Silver Dollar Key Dates. Morgan Silver Dollars are U.S. government, legal-tender coins that were minted from 1878 to 1904, and then again for one year in 1921. If you are like most collectors, you are attracted to Morgan dollars. The Basic Collection The Morgan Dollar Series is the most popular United States Coin Series to collect. Collectors benefit from advice on ways to collect Morgan dollars; grading and the marketplace, and how to specialize in die varieties. Together with small cents, Morgan Dollars are perhaps one of the most popular types of U.S. coins to collect. There are nearly 100 different regular-issue business strikes, and that doesn’t even count all the varieties, proofs, and so on. Some of the 1878 coins have eight tail feathers, and others have seven. C. 275-215 BC Ancient Greece Poseidon with Trident Reverse Copper Coin NGC Fine . At $17 an ounce for silver and Morgan Dollars having 0.7734 ounces of silver, the current melt value would be about $13.50. 10 silver dollar coins, 4 Morgan Silver dollars and 6 peace dollars. You choose how to collect Morgans. Add to Cart . Shellers in these islands also find sand dollars, conch shells, murex shells, worm-snail shells, Florida spiny jewel boxes, and lightning whelk shells to name a few. Philly mint I think for all. Coins with seven feathers are rarer. Set of 10: Varied Date Morgan Dollar Collector's Set . Walking Liberty half dollars, minted from 1916 to 1947, are often considered among the most beautiful coins in the world. We then filtered the data to show only the most expensive silver dollars, and this is what we came up with. Total mintage was near 657 million. Here are my best tips for collecting Walking Liberty half dollars (also known as Walker halves or Walking halves), including 6 ways to collect Walking Liberty half dollars that you probably haven't thought of! Many Morgan dollars were stored in government vaults in Washington until they were released to all takers in the 1960’s. While there is no single answer that defines the 'best' coins worth collecting -- because everyone has a different opinion as to the best coins worth holding onto -- here are some ideas and opinions from others who collect coins. 4.8 out of 5 stars 87. Among these are several key dates, making it difficult for many collectors to complete a set. Spiral-bound. For collectors on a budget, there are several options available that represent the first year of issue. Many others are ex-pensive and some are incredibly expensive. Approximately 13,862,000 Morgan Silver Dollars were minted by the Carson City Mint, the least of any of the five U. S. Mints that produced Morgans. 2. Your best bet would be to collect a VF-20 coin that would put you back by around $7250. The Morgan silver dollar was first minted from 1878-1904, and again in 1921. The Morgan Silver Dollar is considered the most widely collected and traded coin minted by the United States. Posted on March 7, 2012 by Paul M. Green. The allure of Morgans is clear to anyone who sees a beautiful, high-grade example of these hefty silver pieces. They’re 0.86-ounce coins made up of 90% silver and 10% copper, giving them a silver weight of 0.77344 troy ounces—almost exactly the silver content of the original Spanish dollars on which the U.S. currency was initially based. Elite Clashed Morgan Dollars Mark Kimpton. Of course, there are always the poor cousins of the dollar coins - the Eisenhowers. Then, you could work forward and/or backward in time after that. See which coins they've chosen to collect and why. 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