How much is a Morgan silver dollar worth in mint condition?
How much is a Morgan silver dollar worth in mint condition?
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. As expected, those coins that have been well-preserved over the years are the ones that will sell for the highest prices.
Where is the O on a Morgan silver dollar?
New Orleans
Reverse inscriptions are “UNITED STATES OF AMERICA,” “IN GOD WE TRUST,” and “ONE DOLLAR.” The reverse also features an “O” privy mark, in recognition of the historic Mint facility located in New Orleans, LA, where some of the original Morgan Dollars were minted.
How do you identify a Morgan silver dollar?
The Morgan silver dollar has since become collectible among U.S. numismatists. Look at the obverse, or the front of the coin. You should see a laureate head of Liberty – the profile of a female with a band of laurel in her hair.
Is the Morgan silver dollar a good investment?
Morgan silver dollars have become very popular as an investment vehicle for coin collectors because they cost a reasonable amount of money to buy, have performed very well in the past as an investment, and are beautiful to behold.
How much silver is in a Morgan sliver dollar?
Morgan Silver Dollars all have .7735 ounces of silver in them. So you can multiply that times the current price of silver to find out the absolute minimum your coin should be worth. As stated previously though, many Morgan Dollars will be collectible because of their rarity and desirability.
Why is a silver dollar called a Morgan silver dollar?
The Morgan dollar was a United States dollar coin minted from 1878 to 1904, in 1921, and in 2021. 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. The obverse depicts a profile portrait representing Liberty, modeled by Anna Willess Williams, while the r