Morgan Dollars are struck from 26.73 grams of .900 fine silver and .100 fine copper for a total silver content of .77344 ounces. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the reverse depicts an eagle with wings outstretched. Lets go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. The average price of a Morgan silver dollar is around $100 per coin, this is still 100x the face value of the coin so you can see they are desirable and valuable. The Morgan Dollar is named after its designer, George T. Morgan, who designed the obverse and reverse of the coin. Morgan Silver Dollars The Morgan Silver Dollar was minted between 1878 and 1904, and once more in 1921. 400. (Gold and silver are measured in troy ounces.) What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. There are $1, $10, $50, $100, and $1000 options each representing 1, 10, 50, 100, and 1,000 silver dollars respectively. 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). 1896 O Morgan Silver Dollar - $140,000 A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. Here is a rundown of Peace silver dollar values: 1924-S $24 to $600 in Good-4 through Mint State-63. Two of the 1921s are from Denver, one from San Francisco, one from Philadelphia! This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. We've updated our Privacy Policy, which will go in to effect on September 1, 2022. 1884 CC Morgan Silver Dollar ( MS 65 ) PCGS CARSON CITY , older holder BV600. This particular 1894-O Morgan Silver Dollar had the same reverse hub flaw as the 2014 discovery, with both featuring a hub type that wasnt in use at the New Orleans Mint until 1901. Between both the 40% silver uncirculated and proof Ike coins, a total of about 49 million got struck in the silver coin collecting public. 1884 S Morgan Silver Dollar - $250,000 5.) Prices provided are averages, not specific prices for individual coins. 26.73 Grams Enhance your purchase. - How Much is a Silver Dollar Worth? 2 days ago. 2.) At this point in American history, all silver dollar coins had largely been replaced by paper money, with a few exceptions existing in the American West where people still preferred silver coins. 1880-O Morgan silver dollars were released into circulation around the time they were minted and in dribs and drabs in later years. The coin is named after its designer, George T. Morgan. 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. These 2021 Morgan Dollars have some of the lowest mintages of the entire series, at only 175,000 coins each. So, as a starting point, if youre noticing a wide variety of Morgans in this date range with the New Orleans Mint O mint mark, that should be your first clue that a forgery could be for sale. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. 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 . Chinese counterfeits are proliferating coin collections everywhere. 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. Uncirculated coins with a grade of MS 65 can sell for around $1,000. How Much Morgan Silver Dollars are Worth: Morgan Silver Dollar Values & Coin Price Chart. 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. We look at . For the best experience on our site, be sure to turn on Javascript in your browser. Its fine silver weight is 0.77344 troy oz. 1883 CC GEM Morgan Silver Dollar ( MS65 ) NGC old holder LUSTER BOMB! Although Mint records indicate that business strikes were produced, none are known to have survived. The design of these 5 oz silver dollar coins replicate each specific unique design of the smaller cupronickel America the Beautiful 25 circulating quarter coins. The 1921 Morgan Silver Dollar is the most common U.S. silver dollar, with nearly 90 million minted at the Philadelphia, San Francisco and the Denver Mints. With Morgan Silver Dollars as popular as ever, counterfeiters are trying to cash in with advanced forgeries. Access to the NGC Census requires a free membership in the NGC Collectors Society. In uncirculated condition the value is around $9 for coins with an MS 60 grade. Are Morgan silver dollars from China Real? Where possible, production numbers bystrike typeare noted. 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. EST. Uncirculated coins with a grade of MS 65 can . Known as the "King of America's coins," it was minted in 90% silver from 1878-1904 and 1921, then once more - in 99.9% pure silver - in 2021. 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. According to U.S. Mint records, there were 12,000 circulation strike Morgan silver dollars struck for 1895, and 880 Proof specimens struck. Although rarely ever sold at or near their silver melt values, here we break down the content of silver Morgan Dollar Coins. 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. Join. Poorly struck numbers in the date. The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. 1880/79 Overdate Morgan Dollar Most are common. 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. 2022 SD Bullion, Inc. All rights reserved. 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. Counterfeiters, hoping to avoid detection, will sell Morgans at low prices online and then disappear as a seller, often deleting the account used for the transaction. So you can multiply that times the current price of silver to find out the absolute minimum your coin should be . Given that Morgan Silver dollars are one of the more popular collecting series of United States coins, it is also one of the most counterfeited series. All Morgan Silver Dollar coins were originally struck by the United States Mint with .900 silver content and .10 copper. The latter fiat US dollars by design, lose value over time to silver bullion. In 2021, the U.S. Mint re-issued the Morgan Dollar in honor of its last year of minting in 1921. 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. You can look up specific coins online at VAM World for more information. Melt Value: $15.92Last Updated: 11/6/2022 8:35 PM EST. Surrounding is the inscription UNITED STATES OF AMERICA and ONE DOLLAR. To continue the theme of the 1880 dollar, a number of dies were . With increasing silver price theses old silver dollars are worth a nice minimum value. 1979 was the first year for the Susan B. Anthony dollar. The San Francisco Mint struck 21,695,000 Morgan dollars in 1921. 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. The modern Silver Eagle Coin is yet are another example of Greshams Law(how fiat currency drives out sound circulating monies). For the best experience on our site, be sure to turn on Javascript in your browser. E PLURIBUS UNUM is above, seven stars are to the left, six stars are to the right, and the date is below. Peace Silver Dollar Coins: Minted 1921 - 1935 The coins were placed in a special holder and are prized by Morgan dollar collectors today. 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. Eisenhower Silver Dollar. Depending on the condition and scarcity of the coin in question, you can pay anywhere from as little as $10 to as much as $100 and more for a Morgan Silver Dollar. For Sale 1664 Auctions 16 Wishlist 60 Collection 3849. The Morgan silver dollar was minted at the U.S. Mint facilities in Philadelphia, Denver, San Francisco, New Orleans, and Carson City. However, the total melt value is continued below. 0.0000 Troy Ounces (does not contain any gold), 0.0000 Troy Ounces (does not contain any platinum). The diameter and thickness of an uncirculated silver dollar should be 38.1 mm and 2.4mm, respectively. 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. In terms of sheer size per silver dollar coin, these are the largest-sized silver bullion coins ever issued by the United States Mint. Morgan 2021 Silver Dollar. Both Morgan silver dollars and Peace silver dollars were minted in 1921. Over the years, hundreds of millions of Morgan Dollars were melted. Other incorrect mint mark and date combinations include the 1887-CC, 1888-CC, 1902-CC, and the 1878-O (Morgans not at New Orleans yet). For example, 1895-CC coins are common counterfeits, and easily identified as such because there were no Morgans struck in Carson City that year. Mintage is reported to be 44,690,000 coins. 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. Unlike the more common cupronickel 1971 to 1978 version of this coin. 0.858 troy oz. Copyright 2022 JM Bullion. . The act was passed during the height of the bimetallism movement in America, or the . On the reverse, below the wreath and above the "DO" in DOLLAR. 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. Item Number: 21XE. JavaScript seems to be disabled in your browser. 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. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. All Rights Reserved. Often the result of different fonts between the original coins and counterfeit coins. All were minted with the Reverse of 1879 (SAF), with rounded eagle's breast and slanted arrow top feathers. Not all mint facilities made coins in every year of issue. In 1918 a total of 270,232,722 coins were melted, but many coins remained inside the government vaults for decades. One necessary point to determine is the mint striking your coin. 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. Today, the Morgan Silver Dollar remains highly sought after. What may have appeared to be a modest premium over the melt value (of just 10%) is nearly 50% in reality! 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. 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). If you know the current silver value, you also know how much the silver in a silver dollar is worth. How much does a 1878 Morgan Silver Dollar weigh? 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. Denticles surround the border. Early Silver Dollars. Please contact NGC Customer Service with any questions. Many date and mintmark combination are worth well above minimum value. Philadelphia, Denver, San Francisco, New Orleans, Carson City. Rare dates for the coin are: 1885-CC, 1889-CC, 1893-S, 1894, 1895, 1895-S, 1903-O; Scarce dates are: Any "CC" Carson City mint coin, 1893, 1893-O, 1895-O. He has over 40 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. Coins that have a Deep Mirror Proof-Like (DMPL)finish were made for circulation. In extremely fine condition the value is around $100. After 130 years of being minted, the Morgan Silver Dollar is still among the most popular coins sold in the country and is also advised as a smart investment, due to its low mintage averages and 90% silver content. The coin was awarded NGC's Green certification label, the result of a unique collaboration between . About 11 million more silver dollars were melted in order to use the metal in other silver coins. If you are interested in learning more about the prices and values of your silver dollars online, check out the articles about silver . 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. The World Coin Price Guide was independently compiled by Krause Publications NumisMaster. 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. These numbers are based on coins in MS60 Condition or better. Here we cover five various silver dollar coins for overall silver weights and content. Morgan Silver Dollar. The U.S.Mint produced Morgan silver dollar at five different mint facilities. $755.00. Morgan Silver Dollar Coin Mintages 1878 - 1904 & in 1921 The 90% Morgan Dollar silver coins got struck over a 28-year timeframe. | 5 Coin Types. Here at SD Bullion you can buy or sell these two circulated silver dollar coins and other smaller US 90%Junk Silver Coins. The best bullion deals straight to your inbox. Popular Morgan Dollars If your Morgan dollar is a special variety, it will likely command a higher price. Morgans have surfaced on the web in recent years that feature a D mint mark. Only 50% Of COMEX Silver Available for Delivery? The NGC and others have spotted fake Morgans with mint marks, such as the O of the New Orleans Mint, that are crooked or struck on a slant. 1893 O Morgan Silver Dollar - $180,000 6.) The NGC identified the 1893-O Morgan Silver Dollar, struck at the New Orleans Mint, as a well-made die that was struck with precision, save one flaw. To learn more about best practices when buying or selling bullion. 1901 Morgan Silver Dollar - $425,500. Given these metal ingredient facts, the silver content of each Morgan Silver Dollar Coin should be 24.057 grams or0.77345 troy ounces of silver bullion content. No reserve. 1884 S Morgan Silver Dollar - $250,000. Value of 1884-S Morgan Silver Dollar 1884-S Morgan Silver Dollars were placed into circulation, which was uncommon for the Morgan dollar series. The law artificially inflated the price of silver to satisfy the mining interests. 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. However, some Morgan dollars are very valuable. 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. The Morgan silver dollar is one of the most famous and highly collected U.S. coins of all time. Early Silver Dollars (1878-1921) Designer - Engraver: George T Morgan. Given that they have one troy ounce of fine silver, these silver dollar coins, therefore, contain 31.1035 grams of pure silver weight guaranteed by the US government. Value of 1880-O Morgan Silver Dollar. 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. 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). The 1 oz American Silver Eagle coin has become the worlds most highly purchased silver bullion product over the last +30 years of issuance. 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. 4.) 1895 O Morgan Silver Dollar - $165,000 7.) (Gold and silver are measured in troy ounces.) How much does the Morgan Silver Dollar Weigh? 1. Be sure to pick up our free SD Bullion Guide by email right now. The Morgan Dollars were minted from 1878 to 1904 and again for one more year in 1921. They trade for up to $5-$10 over the spot price of silver, depending upon how many you acquire. Eagle with wings spread holding a branch and three arrows. and last time . What is an 1878 dollar worth today? 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. Hundreds of millions of these coins never went into circulation and were stored in cloth bags containing 1,000 coins each. | Melt Value? 10 Most Valuable Morgan Dollars. 1889 CC Morgan Silver Dollar - $280,000. Morgan silver dollars are one of the most popular series of United States coins amongst coin collectors. 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. Boom. The 90% Peace Dollar silver coin was the final silver dollar coin minted for circulation in the United States of America. A bidding process was used were the highest bids received the most valuable coins. The pieces measure 38.1 millimeters in diameter and weighed 26.73 grams. The pieces measure 38.1 millimeters in diameter and weighed 26.73 grams. Read More . See pricing for U.S. Silver Coins in the NGC US Coin Price Guide . For the best experience on our site, be sure to turn on Javascript in your browser. Morgan Silver Dollar Values Popular and always in demand, minimum Morgan silver dollar values begin at $17.46 for a heavily worn example. In troy ounces, they contain 0.316 troy ounces of silver in each uncirculated 40% silver dollar coin. I traded my coworker Taco Bell for this beautiful silver half dollar they got in their till today. - 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.. Your old coin is heavy with over ounce pure silver, forming a high base price. 1893 S Morgan Silver Dollar - $550,000 2.) Our guide will show you which coins are common and which coins are rare. You can find some Silver American Eagle coins for sale. How Much is a Silver Dollar Worth? The Morgan silver dollar was first minted from 1878-1904, and again in 1921. These varieties are commonly known as VAMs. Central Banks Continue to Buy Gold Bullion at Record Highs. You can pick up Jame's most recent, comprehensive 200+ Page book here at SD Bullion. The NGC spotted a very well-designed counterfeit Morgan Silver Dollar in a collection of the coins submitted for grading. In many cases, they less than half the weight of a true Morgan Silver Dollar. Usually, large quantities of the series were bagged and stored, only to be released decades later. The dollar had an average inflation rate of 2.34% per year between 1878 and today, producing a cumulative price increase of 2,643.10%. Among the most commonly spotted are the following: The Carson City Mint and the Denver Mint are often given credit by counterfeiters for Morgan Silver Dollars they never struck in the first place. 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. How much pure silver is in a Morgan silver dollar? Purity: 40.0% silver Weight: 24.62 . This is usually the value used by coin dealers when selling these coins at melt value. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Free shipping. These coins were minted at five different mint locations, Denver, Philadelphia, San Francisco, New Orleans and the famed Carson City facility. Only 50% Of COMEX Silver Available for Delivery? Variations of the coin can range from as little as $10 to over $10,000. Enter your email address and we will send you a link to reset your password. This page shows trends for Morgan Dollar melt values. . New Morgan Silver Dollar Fakes Spotted: Tips to Identify Common Forgeries. An average Morgan dollar goes for about $24, which could increase to around $ 37. How many silver coins have us melted? - Only 50% Of COMEX Silver Available for Delivery? In many cases, they less than half the weight of a true Morgan . The 1893-O Morgan Silver Dollar counterfeit had a wide gap. 1921 was the last year of the iconic Morgan Dollar series, which had started in 1878. Then, in 1965, President Johnson permitted the treasury to issue debased "sandwich" quarters and dimes that had negligible inherent value, and the amount of silver in the half-dollar dropped to 40 percent. How much does a 90% silver half dollar weigh? 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. | Melt Value? 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. An average Peace dollar can be found around $71 while other grades can go for as high as $ 102 - $550. Just over 305,000,000 of these 90% silver Morgan Dollar coins were minted and issued. They were struck every year from 1878 to 1904 and revived again in 1921 for a single year. ): USA Coin Book Estimated Value of 1921 Morgan Silver Dollar is Worth $26 in Average Condition and can be Worth $47 to $177 or more in Uncirculated (MS+) Mint Condition. 1.) They are big, heavy, and beautifully designed to make them attractive to coin collectors around the world. The wrong reverse hub type was used on this particular coin. $15.9176 is the rounded silver value for the 1878-1921 silver Morgan dollar on November 06, 2022. The coin is struck from 0.7734 Troy oz. 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.