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.
Is a Morgan silver dollar 100% silver?
Silver Eagle is . 9993 Fine Silver, the Morgan Dollar is 90% Silver Composition 10% Copper.
How can I tell if my Morgan silver dollar is real?
The normal weight of a Morgan is 26.73 grams, so if yours weighs way more or way less, than it is probably fake. Unless there is a hole or part of the coin is missing, of course. Morgan dollars are not magnetic. Find a good magnet, place it against your Morgan, and if it sticks, then your coin is probably fake.
What year of Morgan silver dollars are worth the most?
Of note, the 1888, 1892, 1893, 1895, 1902 and 1903 are more valuable coins. The most valuable of the San Francisco Morgan silver dollars is the 1893. A mere 100,000 of these coins were produced with values beginning at over $1,000.
How much is a Morgan silver dollar really worth? – Related Questions
What year is the rarest Morgan Dollar?
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.
Is collecting Morgan Silver Dollars 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.
What are the key dates for Morgan silver dollars?
Key dates in this series include 1889-CC, 1893-S, and 1895 (Proof only). Other dates (such as 1895-O) are considered condition-rarities (common in low grade but extremely rare in high grade). Silver Dollars were once the mainstay of Las Vegas casinos, where they were used in slot machines and other gaming devices.
Are 1972 silver dollars worth anything?
1972 D Eisenhower Dollar Value
According to the NGC Price Guide, as of November 2022, a Eisenhower Dollar from 1972 in circulated condition is worth between $1.05 and $1.50. However, on the open market 1972 D Silver Dollars in pristine, uncirculated condition sell for as much as $2000.
How much is a 1776 1976 dollar worth?
According to the NGC Price Guide, as of November 2022, a Eisenhower Dollar from 1776-1976 D in circulated condition is worth between $1.05 and $1.50.
How much is a 1881 S Morgan Dollar worth?
1881 S Morgan Dollar Value
According to the NGC Price Guide, as of November 2022, a Morgan Dollar from 1881 in circulated condition is worth between $29 and $54. However, on the open market 1881 S Silver Dollars in pristine, uncirculated condition sell for as much as $45000.
What is a hobo Morgan Dollar?
A hobo coin is a generic term applied a certain type of coin that has been altered to change the appearance of the subject on the coin. It may have been done artistically, or perhaps as a joke.
What makes a Morgan silver dollar rare?
Most Morgan Dollars Never Circulated
More than half a billion Morgan Dollars were minted between 1878 and 1904, and although nearly 3/4 of these were melted back down before being issued, the majority of the Morgans in the marketplace today didn’t even leave the Mint until 1960.
What does the M mean on the Morgan silver dollar?
Mintmarks of Morgan Silver Dollars
The mint mark indicates where the coin was minted. The five mints that produced Morgan silver dollars from 1878 – 1921 are the Denver (D) mint, the San Francisco (S) mint, the New Orleans (O) mint, the Carson City (CC) mint and the Philadelphia mint.
Why does my Morgan silver dollar have no mint mark?
It’s common for silver dollars to not contain mint marks, which means that they were minted in Philadelphia. The Philadelphia Mint was the first mint established in the United States and was the largest producer of silver dollars in most years.
Where is the D on a Morgan silver dollar?
Mint in Denver struck only one Morgan Silver Dollar – the last year of issue coin in 1921. The coin is identified by the unique “D” mint mark of the Denver Mint, which is located on the reverse, under the center of the wreath. It is the only Morgan Silver Dollar with the “D” mint mark.
How much does a fake Morgan silver dollar weigh?
Its weight is 26.63 grams, less than the expected 26.73 grams and just outside the mint tolerance. However, a slight amount of metal loss due to circulation could explain the difference, so further analysis is needed.
Will a magnet stick to a silver dollar?
Are there a lot of fake Morgan Dollars?
This is generating greater enthusiasm for the vintage versions of these beloved coins, which were issued from 1878 to 1904, and then again in 1921. NGC has certified more than 3.7 million Morgan Dollars, and its expert grading team has identified plenty of counterfeits as well.
How long do silver dollars live?
The silver dollar is a peaceful schooling species that spends most of its time in the mid- to upper-level of the water. Its average lifespan is less than ten years but can live longer in captivity.
How many silver dollars should you keep?
Tankmates. Silver dollars are a schooling fish by nature and do best when kept in schools of six or more.