The Morgan Dollar is a silver dollar coin that was minted in the United States from 1878 to 1904 and again in 1921. It is named after its designer, George T. Morgan, who was an English-born engraver and designer at the United States Mint.
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What is a Morgan Dollar?
The Morgan Dollar is a silver coin minted in the United States from 1878 to 1904 and again in 1921. It was named after its designer, George T. Morgan, who created the iconic Liberty head design featured on the coin. The Morgan Dollar is composed of 90% silver and 10% copper, with a diameter of 38.1 mm and a weight of 26.73 grams.
Why is the Morgan Dollar popular among collectors?
The Morgan Dollar is highly popular among collectors for several reasons. First, it has an intriguing history and connection to the American Wild West era. Second, the coins were produced in various mint locations, including Philadelphia, New Orleans, San Francisco, Carson City, and Denver, resulting in different mint marks and making them attractive for collectors seeking complete sets. Lastly, the Morgan Dollar is visually appealing due to its large size, intricate design, and high silver content.
Are all Morgan Dollars valuable?
The value of Morgan Dollars can vary depending on factors such as condition, mint mark, year of production, and rarity. Some Morgan Dollars, particularly those in excellent condition or from scarcer mint locations, can command high prices among collectors. Additionally, specific years or varieties, such as the 1893-S Morgan Dollar, can be extremely rare and highly sought after. It's advisable to consult coin pricing guides or seek the assistance of reputable coin dealers or numismatic experts to determine the specific value of a Morgan Dollar in your possession.