list of morgan silver dollars
This situation led to the Act of 1873 which eliminated the Silver Dollar from regular U.S. coinage altogether. Create an account with Govmint.com today. The 1901 Double Die Reverse, or Shifted Eagle, Morgan dollars were made at the Philadelphia Mint and dont bear a letter mark. model name / number: Morgan Silver Dollar. Keep in mind that these prices are only a general guide. [35] Legislation was passed on December 31, 1970 directing the Treasury to transfer the silver dollars to the Administrator of General Services who was given the responsibility for marketing and selling the coins. Upon his arrival at the U.S. Mint in Pennsylvania, Morgan was assigned the task of designing the Silver Dollar and working on patterns for the Half Dollar. By 1890, a total of 360 million silver dollars had been produced, of which only one-sixth was estimated to have been released into circulation. The Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925) and was minted from 1878 to 1904, and again in 1921. These varieties are commonly known as VAMs. [16] The high relief had caused the dies to have a shorter life. Title Two of this Act and its various amendments authorized the Eisenhower Dollar Coin. The 1921 Morgan dollar was the last coin in the series. The Mint made more than one million Peace Dollars in less than one month. Their artistic excellence and craftsmanship represented the aspirations of a country evolving into a world power. As far as Morgan and the rest of the nation was concerned, the era of the Silver Dollar had come to an end. This large, heavy, handsome, historic silver dollar was named after its designer, George Thomas Morgan, the 7th Chief Engraver of the U.S. Mint. "[36] Congress supplied the General Services Administration with $10 million to market the dollar coins. As a result, in 1873, the Coinage Act stopped the production of silver coins in the United States. Don't be the last to know about the latest deals [5] The restrictions on free coinage laid out in the Coinage Act initially met little resistance from mining interests until the price of silver declined rapidly due to increased mining in the Western United States. Eventually, the silver supply dropped, and the U.S. government passed the Bland-Allison Act to reinstate a silver coin in 1878 and appointed the task to U.S. Mint Director Henry Linderman. The Morgan Silver dollars represent the best in silver coin manufacturing at its time. Browse our website GovMint.com or call 1-800-642-9160 to see how Morgan Silver Dollars can enhance your coin collection today. You can view ourreturn policyhere. [23] Despite the Act's requiring large purchases of silver indefinitely, it provided that the Mint must coin 2,000,000 silver dollars each month only until 1891. [6] One such bill introduced into the House by Democratic Representative Richard P. Bland of Missouri was passed in the fall of 1876. The 1890-CC Morgan dollar coin was made at the Carson City Mint, which used the double C letter mark. The obverse design depicts the likeness of President Dwight Eisenhower. Some coins also display proof-like or deep mirror proof-like qualities, adding another dimension to collecting the series. Uncirculated silver Morgan dollar coins garner the highest prices. The Morgan Dollar Reverse Design features an eagle with wings outspread with the motto, IN GOD WE TRUST above. The 1896-O Morgan Dollar coin was made at the New Orleans Mint. The Nevada facility made 756,000 of these double-stamped Morgans in 1879. The ribbon which ties wreath together is another M for Morgan. 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. Thank you for signing up with United States Mint! Prices for an O over S Morgan dollar start at $44 for a coin in good but worn condition (G-4) and go up to $45,576 for a coin in mint condition that has never been circulated (MS-65). During the mid-1970s, the quarter, half dollar, and dollar coins underwent a design transformation for the nations upcoming bicentennial celebration. The original design was for that of a . These are the last names of the experts who first documented the varieties. The inscription E PLURIBUM UNUM appears above, with the date below. This Act was especially important in the history of the United States, because it established the U.S. Mint in Philadelphia and specified the Silver Dollar as the highest-denomination silver coin. She was a teacher and writer in Philadelphia at the time. The Nevada facility made 756,000 Morgans that year, including ones with both clear and double-stamped CC marks. Prices, facts, figures, and populations deemed accurate as of the date of publication but may change significantly over time. These are the Bland-Allison Act and the Sherman Silver Purchase Act. We invite you to compare and check numismatic . The mintage on the coin was 12,760,000 and it is estimated that approximately half are still in mint state. The price chart above is provided for general information purposes. $80 each / BEST OFFER for BOTH *TWO (2) AVAILABLE Dates "1880 & 1904"420 * Encased in Lucite - Round "Ball Shape" on stand / Genuine Silver Dollars Approx. Like its predecessor, the Bicentennial Dollar was minted with two different compositions and was struck at the Philadelphia, Denver, and San Francisco Mints. The Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925) and was minted from 1878 to 1904, and again in 1921. Silver dollar coins minted in Carson City, Nevada are prized by collectors. This hefty silver coin has enthralled American coin collectors for generations. Choice of 2. Specifically, the Act required the United States government to purchase between 2 and 4 million ounces of silver each month to be minted into silver dollars. In fact, Silver Dollars circulated widely only in the sparsely-populated West, but in the rest of the country they were stockpiled in banks and U.S. Treasury Department vaults. The next year, New Orleans joined in, and, like San Francisco and Philadelphia, would manufacture Morgan Dollars through 1904. It was passed in Congress in February of 1878. Prices start at $95 for a coin in very good, circulated condition (VG-8) and go up to $6,000 for a coin in mint condition that has never been circulated. The first U.S. Silver Dollars were struck in 1794, but American merchants kept the heavier and more valuable Spanish coins for themselves and exported the lighter U.S. coins to Europe for trade. 1889 CC Morgan Silver Dollar - $280,000 4.) They recommended a mail bid sale. post id: 7611166997. Holding a Morgan in your hand takes you back to the Old West, reminiscent of Americas ingenuity and entrepreneurship. These varieties are commonly known as VAMs. These large Silver coins are known for their value, quality of strike, design and beauty. Morgan Silver Dollar Key Dates- learn about key, semi-key, and better dates. In 1921, the Mint redesigned the Morgan dollar. [30] The change in design was actually authorized under an 1890 act of Congress,[31] which stated: But no change in the design or die of any coin shall be made oftener than once in twenty-five years from and including the year of the first adoption of the design, model, die, or hub for the same coin: Provided, That no change be made in the diameter of any coin: And provided further, That nothing in this section shall prevent the adoption of new designs or models for devices or emblems already authorized for the standard silver dollar and the five-cent nickel piece as soon as practicable after the passage of this act. Prices start at $200 for a coin in very good, circulated condition (VG-8) and go up to as high as $115,000. The figure of the eagle on the coins reverse side was double stamped, and the beak, feathers and arrows all appear slightly duplicated. The coin has since been dubbed the "Morgan" dollar as an homage to the coin's celebrated designer, George T. Morgan. Production of this coin continued thorough 1904, when it was replaced by the Peace Dollar, but popularity was so high, the Morgan design was produced again for one year in 1921 . The inscription IN GOD WE TRUST appears above the eagle. None have ever been as popular as the iconic Morgan or Peace Dollars. This was also one of the most exciting and turbulent periods in United States history, and Morgan was witness to dramatic changes taking place all around him - from the winning of the West to World War I, and from the Wright Brothers' flight to Babe Ruth taking the baseball world by storm. "Hot Lips" Morgan dollar VAM. On July 23, 1965, President Johnson approved the Coinage Act of 1965, which removed silver from circulating coins and authorized that clad coins be used for the half dollar, quarter, and dime. Click on this link to see the Top 100 Morgan VAMs.. Click on this link to see the Hit List 40.. Ron Guth: The Coinage Act of 1873 demonetized silver, leading to the demise of the silver dollar. [24] Silver dollar production rose again,[19] until the bullion was exhausted in 1904, when it ceased. Click here for the full Morgan silver dollar price chart. The Morgan Dollar is minted in 90% silver and 10% copper. It now only shows the 10 most valauble Morgans. 1901 Morgan Silver Dollar - $425,500 3.) The 1879-S Morgan dollar coin was also made at the San Francisco Mint. The coins were polished and handled carefully to avoid being marked. In 1971, the Mint produced Eisenhower copper-clad and silver-clad dollars. [6] This same amendment allowed for the issuance of silver certificates for the first time in United States history. ADD TO CART *Prices will automatically update every minute Silver Price: $25.79 0.04 Fast Delivery Discreet Packaging JavaScript seems to be disabled in your browser. Local coin sale only. Morgan Dollars contain 26.73 grams of .900 fine silver and .100 copper for a total net weight of .77344 ounces of pure silver. His design of Lady Liberty was modeled after Anna Willess Williams. Prices start at $100 for a coin in very good, circulated condition (VG-8) and go up to $9,800 for a coin in mint condition that has never been circulated. The design of the Peace Dollar was selected by the Commission of Fine Arts (CFA) from models submitted by a number of prominent sculptors. In 1873, Congress enacted the Fourth Coinage Act,[1] which effectively ended the bimetallic standard in the United States by demonetizing silver bullion. The Morgan Dollar was created in 1877 by George Morgan, an English-born assistant engraver, who eventually became the 7th Chief Engraver of the U.S. Mint. 1 oz South African Gold Krugerrand - Random Dates, 2019 Patriot 1 oz Proof Like Silver Round - American Revolution, 1 oz Canadian Platinum Maple Leaf - Random Date. The eagles talons grasp an olive branch and three arrows. [36] The legislation also stated that all proceeds from the sale were to be "covered into the Treasury as miscellaneous receipts. Some dates with high mintages became scarcer, while some issues with seemingly low mintages remained available. This is usually the value used by coin dealers when selling these coins at melt value. However, the coins reverse underwent a more extensive change. Our guide will show you which coins are common and which coins are rare. Encircling the coin above is UNITED STATES OF AMERICA with the denomination, ONE DOLLAR, with stars on either side. 2. At the same time, legislation was also being worked to remove silver from coins because of the ongoing shortage. We use cookies to make your experience better. [35] Advertising consisted of posters and brochures distributed to post offices, banks and various financial institutions, as well as television documentaries. You will find the mintmark on the reverse of your Morgan near the bottom of the design. This variety is from the first year the Morgan dollar was issued. The reverse design features a bald eagle with its wings outstretched, framed within a small, open wreath. From 1879 until 1885 the United States Mint only made Proof coins specifically for coin collectors. Per an amendment to the legislation, the reverse design was to be symbolic of the Apollo 11 flight honoring the exploits of our countrys astronauts and the first landing on the moon. Following some design revisions, they were also struck at San Francisco and Carson City that same year, because of the facilities proximity to the silver mines in the western United States. By this time, most Americans preferred to use paper money instead of carrying around heavy Silver Dollars. New Orleans joined in, and, like San Francisco and Philadelphia, manufacture. 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