Silver Morgan Dollar Values, Stats, and History
The Silver Morgan Dollar is a very popular coin among all U.S. coinage. It was first minted in 1878 and the series was produced until 1904. In 1921, it was minted again but only for that one year. George T. Morgan was the designer of the Silver Morgan Dollar. The Silver Morgan Dollar is made out of 90% silver and 10% copper. When all U.S. coinage designs are considered, the Silver Morgan is considered one of the best designed.
Since many of these coins were locked up in banks and vaults, even today, you can actually still find them in uncirculated condition. On the obverse, "Lady Liberty" is portrayed. The 13 stars represent the 13 original American Colonies. On the reverse, an eagle is seen with outstretched wings. He is holding arrows and an olive branch that stands for "strength and peace". "UNITED STATES OF AMERICA" is seen centered on the top of the rim and "ONE DOLLAR" is centered on the bottom.
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SILVER MORGAN VALUES
All Silver Morgan Dollars are worth money due to their silver content. Even if they are worn badly, they are worth their weight in silver. In this case, they are worth nearly $20.00. Most common date Silver Morgans are worth between $20-$40 dollars. The value can increase if the coin is near mint state. Some common date coins can sell for hundreds to a thousand or more.
A key date for this coin series is the 1895 Silver Morgan. The U.S. Mint shows that only 12,000 business-strikes were produced during that year. As of today, only proofs are known to exist. Only 880 proofs were made in 1895. In great condition, this coin is valued more then $10,000. Another valuable Morgan is the 1893-S. Only 100,000 were produced of the 1983-S Silver Morgan and it is valued at $1,280 in good grade. Once again, the values increase if the grade is higher. The 1894 Silver Morgan is another key date in the series. There were only 110,000 of these coins produced with 990 proofs. This coin is worth around $700.00 in good shape.
You may notice that some of these coins have the CC mint mark. This means the coin was produced at the Carson City Mint. It no longer is operational. The CC mint mark usually adds more value to the coin then the D and S mints. The 1879-CC Morgan is worth $100 in good shape. If it is uncirculated, the value hits $2,500. The 1881-CC is worth $200, the 1885-CC is worth $320, and the 1889-CC is worth $300.
The value of your coin depends on the condition and rarity of your coin. Your coins value goes much higher when the condition is great or also known as uncirculated. If you ever have any questions, feel free to leave a comment. If you have a coin you would like to show, feel free to do so. Always be sure to get a second opinion when it comes to determining your coins value.