Dec
17

Morgan Silver Dollar – $1 On Its Face Could Be $1M In Your Pocket

Of the silver dollars produced, which include the Peace dollar and the seated liberty dollar, the most popular was and still is the Morgan silver dollar. Although it is still considered to be legal tender today, no one would be so foolish as to spend one when it only carries a face value of $1.00.

In the world of coin collecting today, Morgan silver dollars have an intrinsic value that varies based on condition, year and mint location. As coin collecting advanced over the years, other factors came into play that have greatly affected a Morgan dollar’s worth such as VAMs. This stands for Van Allen – Mallis and mainly speaks to the variations and the diversity of dies that existed during the production of these dollars. Since each VAM can potentially be tied to a specific year or a specific mint mark, the list of different possible combinations that can affect rarity value is quite extensive.

Morgan dollars were minted from 1878 through 1904 and then once again during 1921. Following production in 1921, the Morgan silver dollar was replaced with the Peace silver dollar. The name Morgan comes from its designer, George Morgan. All Morgan dollars have a silver content of 900. This means each one is 90% pure silver.

The Morgan silver dollar has suffered major losses in inventory since its

Morgan Silver Dollar – $1 On Its Face Could Be $1M In Your Pocket

Dec
11

History Of The Morgan Silver Dollar

Morgan silver dollar was minted in an attempt to keep the price of silver stabilized after an enormous silver strike in Colorado caused a sudden crash in the price of silver. This dollar was minted from 1878 through 1904, then stopped because silver suddenly increased in price, and then minted for one more year in 1921.

In addition, it was minted in several locations: Carson City, Denver, San Francisco, New Orleans, and Philadelphia; only Denver and Philadelphia are mint locations today. The value of a Morgan silver dollar depends on its year, the mint that created it, and the quality of its preservation.

A Morgan silver dollar has the head of Lady Liberty on the front and a wing-spread eagle holding arrows and an olive branch on the back; you’ll recognize the reverse as being very similar to that of a quarter. This coin is the first of our minted coins to use the slogan E Pluribus

History Of The Morgan Silver Dollar

Dec
06

Rainbow Morgan Dollars

Rainbow Morgan Dollar is toned coin which exhibit rainbow-like colors and have been universally admired by collectors. Their rarity amongst a sea of white and dipped coins is a pleasure to see and almost always brings a smile to the faces of those lucky enough to handle these, the most beautiful US coins.

Collectors are attracted to the wide hues and patterns which can develop on the silver dollars over time. Coins with attractive rainbow toning can demand strong premiums above white or non toned coins.

Below you can find a selection of available rainbow morgan dollar coins.

During the 1950′s through the early 1970′s and possibly even later than that, untold numbers of these beautiful coins were dipped white by dealers because toning was considered undesirable thus reducing the number of beautiful and unique examples out there. These are true rarities with beauty that goes far beyond the numismatic heritage of the Morgan Dollar.

Rainbow morgans graded by NGC

For those who have just one spot in their set reserved for that unbelievable coin they will cherish and never sell, monster toned Morgan dollars typically are the ones that the collector keeps after selling everything else.

How Morgan Dollars Toned

Morgan Silver Dollar, produced from 1878 until 1904 and again in 1921 were in heavy supply and many more were struck than were required for circulation. Freshly struck examples were stored at the US Treasury in canvas bags until they were eventually released or sold to the public during

Rainbow Morgan Dollars

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