What does Morgan mean on a silver dollar?
The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and as a special non-circulating coin in 2021. The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan.
What is the 2021 Morgan silver dollar worth?
$85 each
Priced at $85 each, these coins are struck in . 999 silver and have an uncirculated finish. Orders for each coin are limited to three per household. The product limit for each Morgan Dollar is 175,000 coins; the product limit for the Peace Dollar is 200,000 coins.
How do I sell my old silver dollars?
8 Options to Sell Your Silver
- Local Coin Dealers. Local coin dealers are the way to go if you live near one.
- Pawn Shops.
- Coin Shows.
- Online Dealers.
- Ebay & Auctions.
- Forums.
- Smelters & Refiners.
- ‘Cash for Gold / Silver’ Mail-in System.
Is Morgan silver dollars a Good Investment?
Because most of the Morgan dollar coins exist in higher grades than most other series, you should invest in only the highest grade specimens. They are pricey compared to MS-60 to MS-63, but their incredible rarity in the age of encapsulated coins make them a good investment.
What’s the value of a Morgan silver dollar?
The reason for this is due to the fact that so many different factors influence the value of the coin. 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.
Is the Morgan silver dollar the same as the Bust dollar?
In many ways, the design of the Morgan Silver Dollar is similar to the Bust Silver Dollar, though you will notice that it is much more detailed. For collectors, the goal is always to find a coin that has been well-preserved over the years.
Who is the author of the Morgan Dollar Encyclopedia?
The all-inclusive book titled The Comprehensive Catalog and Encyclopedia of Morgan and Peace Dollars by Leroy C. Van Allen and A. George Mallis started a new coin collecting craze by encouraging collectors to assemble sets of different varieties of Morgan silver dollars. Watch Now: 5 Surprising Facts About the Morgan Dollar
When did the Morgan silver dollar become law?
History of the Morgan Silver Dollar In February 1878, the Bland-Allison Act became law and mandated that the government purchase several million dollars worth of silver every month and coin them into silver dollars.