The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! Sold Out ( Temporarily ) 1 review. Philadelphia struck just over 305 million Morgan silver dollars of the total 657 million struck from all mints combined. The Morgan Silver dollars represent the best in silver coin manufacturing at its time. The city from Nevada state had a very small population back then and the production of the Silver dollars put a serious financial strain in the small city. The 1886-O coins were weakly struck as the coiners believed they were going into storage anyway! From 1972, uncirculated Morgan silver dollars were sold direct to the public by the U.S. Government’s General Services Administration (G.S.A.). Be nice to know valueLane. I am honored … Mint marks on Peace dollars appear on the lower left of the coin, just left of the eagle's tail feathers. I should also mention that this not only applies to Morgan Silver Dollars, but to all United States coins. These do not reference error coins, just the standard issued Morgan Silver Dollars. The Most Sought After Morgan Silver Dollars. Coins minted in Philadelphia have no mint mark. Looking to see how much your Morgan silver dollar is worth? Peace Dollars circulated from 1921 to 1928, following the discontinuation of the Morgan Dollars. There are a very few left for collectors and the ones that are available demand a huge premium in the Mint-state conditions. The result was a highly exclusive coin that is sold above $247,500! This issue in the lower grades are quite inexpensive and readily available. They were designed by George T. Morgan, for whom the coin was colloquially renamed by numismatists and others involved with the coin hobby. Fine examples can be worth tens of thousands of dollars. American Silver Eagles serve as the backbone of many collections around the world. You can find coin values and coin prices for all Morgan Silver Dollars (1878-1904, 1921). 1878-1921 Morgan Silver Dollars. The obverse features a profile of a woman crowned with Liberty and the reverse displays an eagle with wings spread. Morgan Dollars and Peace Dollars are the most collected U.S. coins. Of the 880 Proof coins, around 700 exist today. This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.A mere 100,000 silver dollars were struck at the San Francisco Mint in 1893, making this Morgan the lowest mintage issued for circulation in the entire series! After the Sherman Silver Purchase act of 1890, the Morgan Silver Dollar production was reduced dramatically in 1893. Price movements from 1950 to the present for individual dates in this popular collector series are reported. These huge numbers are reflected in affordable values on the chart for most dates. Those reserves ran out in 1904 and just like that, the Morgan's production also came to an end. 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. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. It follows that the Morgan series struck in Carson City are the rarest and most difficult to find. button button … The New York Bank Hoard Story. Study Morgan silver dollar coin values and trends. Among the 10.7 million coins struck, around 2 million were put up for circulation and almost 8 to 9 million melted because of the Pittman Act. Perhaps the best thing about these Morgan silver dollar coins is their price. Sign up to get the latest information on sales and offers! 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. Most years Philadelphia struck multi-million silver dollars, many years, tens of millions of coins. There are many numerous varieties and overdates, which makes collecting them both complex and interesting. Branch mint production of silver dollars slowed to record lows in 1893, especially at the San Francisco Mint, which struck just 100,000 examples. Here is a current list of the top 10 most valuable Morgan Silver Dollars from general circulation (updated: 2021). 10 Most Valuable Morgan Silver Dollars. In addition, the earlier Morgan Silver Dollars also tend to carry a higher price tag. Coins minted in Philadelphia have no mint mark. The government also had silver reserves that were only to be used to melt and mint silver dollars. Peace Dollars circulated from 1921 to 1928, following the discontinuation of the Morgan Dollars. A few bags of these coins were released from the vault by the treasury and paid out at its cash value in the 1950s! As a rule, you need to keep in mind that common date Morgan silver dollars that grade below AU-50 are only worth their silver bullion value. 1878-CC Morgan Silver Dollar. Other lower mintage Morgan silver dollars include the 1886-S, 1888-S, 1889-S, 1893-S, 1893-O, 1894, 1895, 1895-S, 1895-O, and 1899. Commercial banks often put silver dollars into paper rolls of 20 coins. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. It's extremely important that novice precious metals investor… Free … As this totally new infographic explains below, shady marketers use deception and misinformation to unload Morgan Silver Dollars at prices WAY above their actual melt value or their resale value. Find our current Morgan Silver Dollars for Sale * Average prices indicate a range for average coins for those grades. Perhaps the best thing about these Morgan silver dollar coins is their price. The value/worth is based off the coin in great condition. The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. As very few Uncirculated coins were retained in the mint when they were struck, coins in Mint-state conditions are quite rare. The New York Bank hoard of U.S. Treasury morgan silver dollars was one of the most exciting chapters of my numismatic career. The Philadelphia, Denver, and San Francisco Mints struck the most recent year 90% silver dollars. I have an 1878 Morgan silver dollar where would we find where it was minted, I have some rare coins left to me by my late Grandfather who aquired them from his Father and Great Grandfather. Morgan Silver Dollars. The coin came back in 1921 for just one year. This is one of the "better" fakes as the weight is almost spot on and the coin is not magnetic. Silver Dollars. google_ad_width = 468; Of the 450,000 that were minted, some were put up in storage, some melted and the rest (around 100,000) were put up for circulation. Congress slowed the production of Morgan Dollars, finally halting it altogether in 1904 when the bullion supply for silver dollar minting had been exhausted. 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. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan. Morgan Dollars and Peace Dollars are the most collected U.S. coins. Very few coins were released during the GSA sale of the coins. © 2020 Cable Shopping Network. It wasn't until 1918 that the reauthorization of the minting and mining of silver coins was passed. Those reserves ran out in 1904 and just like that, the Morgan's production also came to an end. The New York Bank hoard of U.S. Treasury morgan silver dollars was one of the most exciting chapters of my numismatic career. You could get an MS-60 of this coin at $5500. The Morgan Dollar was introduced in 1878 and was minted until 1904. Even About Uncirculated … Mint marks on Peace dollars appear on the lower left of the coin, just left of the eagle's tail feathers. $224.95. Historic Values Of Morgan Dollars. There is an 1881-CC, 1885-CC, and an 1886-O. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. You could get a MS-60 for $1100 or a MS-63 for $8000. 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. This collection includes one “O” mint Morgan Silver Dollar from each year of the 1880s in circulated condition with most major design elements visible. Details about 1893-S THE KEY DATED MORGAN SILVER DOLLAR PCGS FINE-15 HARDEST MORGAN TO FIND See original listing. $368.25. Sort by: Relevance . New Orleans and Philadelphia Mints. Updated on 11/4/2020 . There are many numerous varieties and overdates, which makes collecting them both complex and interesting. 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. The strike is average or below, but not often sharp, with a grainy and unattractive luster. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. Because of the low mintage, even the lower grades are scarce. Keep in mind, however, that there were a few years when mint marks were … Morgan Silver dollars are some of the most popular dollars the U.S. mint has ever produced. As a collectible, Morgan silver dollars, minted between 1878 and 1921, have no real peer in American numismatics. 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