This incident triggered huge interest, and between November 1962 and March 1964, millions of Morgan and Peace dollars were sold to the general public. Key dates in the Morgan Silver Dollar Coin Mintage include both the 1893-S Morgan Dollar struck at the San Fransisco US mint (only 100k stikes). Out of the original 400,000 1895‑S Morgans minted, only 8,000 -17,900 survive, according to numismatic expert Q. David Bowers. Discover how the Panic of 1893 caused by railroad and bank failures and politics played a part in the creation of the very desirable rare 1893‑S and scarce 1895‑S Morgan dollars. This 90% silver dollar is one of the most rare and desirable issues in the entire Morgan dollar series. Some of the most popular Morgan silver dollar key dates are listed below. 1894 Morgan silver dollar $875 — 1894 is a particularly scarce year for Morgan dollars, with the 1894 Philadelphia specimen the rarest of all silver dollar issues from that year; only 110,172 … Also called the "Double Lips" variety, this 1888‑O silver dollar was struck twice on the obverse or heads side. Whether you are an investor or a collector, these rare … The 1921 Peace Dollars, however, were minted in much shorter supply, as only 1,006,473 were struck at the Philadelphia Mint, making it a key date for Peace Dollar … • The 1878 coin from Carson City, which struck only about two percent of all Morgan Silver Dollars — the rarest coin in the collection. The 1895 Morgan silver dollar is known as the "King of the Morgan Dollars" because it is the rarest and one of the most valuable coins in the entire Morgan Dollar series. If you want to learn the value of your Morgan Dollar then you must know the coin's grade, condition, and if it's authentic. Most of the coins … This created the first-year 1878 7 Over 8 Morgan silver dollar variety from Philadelphia. Because the Bland-Allison Act required the Treasury to strike millions of 90% silver dollars each month, and new dies for all the mints would take several weeks to produce, the mint used the new 7 Tail Feathers design to overpunch the older 8 Tail Feathers dies. That year, more than 85 million 1921 Morgan silver dollars were struck, far more than any other Morgan Dollar. When you look at the coin, you can see that Liberty's profile has two noses, lips and chins. © 1998-document.write(year) Littleton Coin Company, Inc. All rights reserved. And for Morgan silver dollars, the first coins of 1878, not only represent the start of this popular dollar series, but also have several exciting first-year varieties. Suggested site content and search history menu. Guide to Building Carson City Mint Sets. By the end of January, the entire mintage had been struck. 1884-S Morgan Silver Dollars were placed into circulation, which was uncommon for the Morgan dollar series. The coin was from a bag of silver dollars in the vault of the Philadelphia Mint. In March 1878, the Philadelphia Mint struck the first Morgan silver dollars. The Philadelphia, Denver, and San Francisco Mints struck the last-year 90% silver dollars. Yes, even though some are harder to locate, they are available. By mid-April, the Carson City and San Francisco Mints had received their coin dies and began preparations to strike the first-year Morgans. There are a very few left for collectors and the ones that are available demand a huge premium in the Mint-state conditions. Over a long period of time he produced a variety of pattern coins, many of which are highly admired today for their beauty and all of which are rare. 1893-CC Morgan Dollar: $1,450 – This piece is among the classic 1880s and 1890s Morgan Dollars that were produced in low mintages and are scarce today. 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! This makes them one of the rarer issues of the series. Your session is about to timeout due to inactivity. It is scarce in all grades. The 1888‑O, nicknamed "Hot Lips", is one of the best known and popular varieties in the Morgan dollar series, discovered in 1962. • The 1879 coin from New Orleans, the first silver coin struck at this fabled … Because the strikes were slightly misaligned when this coin was minted, it resulted in this Doubled Die Obverse "Hot Lips" Morgan dollar variety. Our building is temporarily closed to the public. 7 Value of Silver Morgan Dollars and Conservation Status; 8 Value of Morgan Silver Dollars – Average prices by year, mint, variety and condition; 9 History of Morgan’s Dollars; 10 What a Morgan Dollar looks like; 11 Rare Morgan Dollars … Mid-American Rare Coin Galleries in Lexington, Kentucky, has acquired a hoard of 13,000 New Orleans Mint-struck Morgan dollars that have been off the market since 1964. Click OK to extend your time for an additional 30 minutes. Many issues exist primarily in Mint State grades and are rare as circulated coins. You do this by taking your coin to a reputable coin dealer or sending your coin to PCGS or NGC (fees do apply with these services). To learn more about these silver dollars, read Low-Mintage Period Morgans by the late Paul Green. Count the myriad rare varieties listed by numismatic authors Leroy C. Van Allen and A. George Mallis as published in their 1971 work Comprehensive Catalog and Encyclopedia of Morgan and Peace Dollars… Sets of the coins typically include each date and mintmark variety. Find Recommended Ancient Coins To Purchase. Most Valuable Morgan Silver Dollars 1878-1904 (1921) ID Fake Morgan Dollars To 10 Valuable Morgan Dollars By Date/Grade/Variety 1895-O $1 MS67 PCGS. We have taken the time to locate each of the six varieties and compile … You can't buy or sell Morgan Dollar United States coins for the prices listed in this website unless they're in the same grading company holder, same grade, variety and condition, even then there's no guarantee your Morgan Dollar will sell for the same value. The rarest of the Morgan dollars is the 1895 mint, often referred to as the “king of the Morgans.” Of 12,880 mints struck that year, only 880 survived the melting pot, making the 1895 Morgan extremely rare … Please refine your selection. Carson City Morgan Silver Dollars (1878-1893) Find Top Recommended Rare Coins To Purchase. Morgan Dollar Price Guide Last Update: 01-09 07:03 PM EST Silver $25.45 ( -1.71 ) as of 01-08 04:59 PM EST The last tail feathers reverse design for 1878 was the new 7 Tail Feathers variety. Five mints were involved in production of the series over the years … Issued between the years of 1878 and 1921, Morgan Silver Dollars are among the most sought after coins on the market thanks to their unique appearance and exceptional beauty. This item has been successfully added to your list. A common-date Morgan or Peace silver dollar – the most widely collected types of these coins — can be worth anywhere from $25 to $35 in low grade to $50 for a common date in MS60, $125 … These values do not apply to raw coins or coins in any other holder; these values only apply to coins graded and certified by PCGS (Professional Coin Grading Service) or NGC (Numismatic Guarantee Corporation). After the Sherman Silver Purchase act of 1890, the Morgan Silver Dollar production was reduced dramatically in 1893. By the middle of March, Mint Director Henry Linderman ordered design changes and new dies had to be made. Until 1964, U.S. citizens could redeem paper money known as silver certificatesfor silver dollars at a U.S. Treasury mint on demand. Collectors prize first- and last-year coins because they mark the beginning and the end of a coin series. Key-date Morgans are the scarcer dates that are usually more difficult to find. Morgan silver dollars were issued from 1878 to 1904 – and then, after a 17-year hiatus, one final time in 1921. As early as the mid-1950s, the 1895‑S Morgan was considered rare. And, because the Denver Mint hadn't opened until 1906, the prized last-year Morgans from Denver are the only "D" Mints in the series. The 1884-CC, 1885-CC and 1903-O Morgan Dollars are very difficult to locate in nice, circulated grades even though none are especially expensive. During the silver melts of the last century, millions of 90% silver dollars were melted and mintages dwindled further. Many may have been melted down to comply with the Pittman Act of 1918. And, because the Denver Mint hadn't opened until 1906, the prized last-year … Just a scant 350,000 1889‑CC Morgans were minted and few have ever turned up in hoards, including the great Treasury release of the 1960s through the 1980s. Morgan silver dollars enjoy a large following of collectors. 1309 Mt. Though the proposed program … I recommend a PCGS Coin Dealer since at least three of their piers have to vouch for them to be a PCGS Dealer. Many may have been melted down to comply with the Pittman Act of 1918. Usually, large quantities of the series were bagged and … Just 100,000 of them! These first dollars are the 8 Tail Feathers reverse, which were only produced at the Philadelphia Mint. If you can't find a PCGS Coin Dealer then look for local ANA members or coin clubs. With six different varieties in just one year, the 1878 Morgan Dollar is what we would consider to be a collector`s dream come true. T he Morgan … Most collectors can only dream about the 1889‑CC Morgan dollar, rarest of the Carson City Mint Morgans. The demand to exchange silver ce… Most collectors can only dream about the 1889‑CC Morgan dollar, rarest of the Carson City Mint Morgans. This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint. As many numismatists know, all Carson City … In 1962, an individual redeemed a silver certificate and received a rare and valuable Morgan dollar in exchange. The Philadelphia, Denver, and San Francisco Mints struck the last-year 90% silver dollars. Just a scant 350,000 1889‑CC Morgans were minted and few have ever turned up in hoards, including the great Treasury release of the 1960s through the 1980s. This 7 Tail Feathers reverse was used at all 3 mints: Philadelphia, Carson City, and San Francisco. As any Morgan dollar enthusiast could attest, there are many key dates in this silver dollar series! These 90% silver dollars are needed by every collector hoping to build a complete date and mint mark collection. The above list is the Top Ten sold values for Morgan Dollars and the number one coin on this list is the most this coin type, denomination and date has ever sold for publically. As well as the 1889-CC Morgan Dollar struck at the Carson … Mints and Mintmarks of the Morgan Silver Dollar Series. Today, according to numismatic expert Q. David Bowers, only 6,000 to 12,000 Morgans of this date and mint exist in all grades. This 90% silver dollar is one of the most rare and desirable issues in the entire Morgan dollar series. The circulated set of Morgan Dollars presents challenges too. Morgan silver dollars were issued from 1878 to 1904 – and then, after a 17-year hiatus, one final time in 1921. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! Here's a rundown on the most rare and valuable Morgan dollars, how many were made, and what they're worth: 1878-CC Morgan dollar, 2,212,000 minted; $110+ 1879-CC Morgan dollar, … Morgan Silver Dollar (1878-1921) Produced for more than 40 years, the … The 1893-S Morgan Silver Dollar was struck in the San Francisco mint under the back-drop of the Economic depression. Rare first-year 1878 Morgan Silver Dollar Coin minted at Nevada's Carson City Mint. Also, a few of these coin holders have CAC (Certified Acceptance Corporation) stickers and this is considered further assurance that the coin is the grade and condition stated on the holder's label. Eustis Road, Littleton, NH 03561. Value of 1884-S Morgan Silver Dollar. If you're not interested in sending your coin to a third party grading service then you should do some research and find a reputable coin dealer instead. The 1895‑S Morgan is a scarce, low-mintage, key-date San Francisco Mint issue. The Pittman Act of 1918 called for hundreds of thousands of silver dollars to be melted down and converted to bullion. Your best bet would be to collect a VF-20 coin tha… There's an enormous amount of history packed into every genuine Carson City Morgan Silver Dollar … In the mean time you can get an idea of your Morgan Dollar's value and grade by visiting, More Morgan Dollar Values Buy Date And Mint. 90% silver, arrives in clear holder with Deluxe Display Box. Only 400,000 silver dollars of this "S" Mint date were struck. Morgan designed several varieties of 1877 half dollars, the … Last year the 1921 Silver Dollar Commemorative Coin Act, which proposed issuing 2021-dated Morgan silver dollars and Peace dollars, was introduced. 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