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The best way to Tell If Your Morgan Silver Dollar Is Rare
Morgan Silver Dollars are among the many most collected coins in the United States, prized for their history, silver content, and potential rarity. While millions were minted between 1878 and 1904, and once more in 1921, certain dates, mint marks, and conditions can make a Morgan Silver Dollar extraordinarily valuable. Knowing learn how to determine a rare Morgan Silver Dollar may help you avoid selling a treasure for scrap value.
Start With the Date on the Coin
The first step in determining rarity is checking the year. Some Morgan Silver Dollar dates had very low mintages, making them much harder to search out today. Key dates that collectors actively seek include 1893, 1893-S, 1894, 1895, and 1903-O. The 1893-S Morgan Silver Dollar is one of the rarest and most valuable in your entire series, especially in higher grades.
Even frequent years may be valuable in the event that they had been struck in low numbers at certain mints. Always look up the specific year of your coin somewhat than assuming all Morgan Dollars are equal.
Look for the Mint Mark
Mint marks let you know the place the coin was made and are crucial for figuring out rare Morgan Silver Dollars. You could find the mint mark on the reverse side, just above the letters "DO" in "DOLLAR." The main mint marks are:
S for San Francisco
CC for Carson City
O for New Orleans
D for Denver, used only in 1921
No mint mark means it was struck in Philadelphia
Carson City Morgan Silver Dollars are particularly desirable because the mint operated for a limited time and produced lower quantities. Coins with the CC mint mark often carry a premium, particularly for earlier years like 1879-CC, 1880-CC, and 1889-CC.
Check the 1895 Morgan Dollar Carefully
The 1895 Morgan Silver Dollar is known as the "King of Morgan Dollars." No regular circulation strikes were formally produced that 12 months, only proof coins for collectors. When you've got an 1895 Morgan Dollar without a mint mark or with a mint mark, it is likely altered or counterfeit unless authenticated by a professional grading service. Real 1895 proof Morgans are extremely rare and valuable.
Look at the Condition or Grade
Condition plays an enormous role in rarity and value. Two coins with the same date and mint mark can have dramatically completely different costs depending on wear. Coins are graded on a scale from Poor to Mint State. Uncirculated Morgan Silver Dollars, often labeled MS60 through MS70, are far more valuable than closely worn examples.
Look for sharp particulars in Liberty’s hair above her ear and on the eagle’s breast feathers. If these areas are flat or smooth, the coin has significant wear. Luster, or the original mint shine, is another key factor. Uncommon dates in high grades could be worth hundreds of dollars.
Watch for Particular Varieties
Some Morgan Silver Dollars are uncommon because of minting errors or die varieties. These include doubled dies, repunched mint marks, and overdates. For instance, the 1888-O "Hot Lips" selection shows a particular doubling on Liberty’s lips. The 1878 7 over 8 tail feathers selection is another well-known collectible.
These varieties can add significant value, but they typically require magnification and comparability with trusted reference images to confirm.
Beware of Counterfeits
Because rare Morgan Silver Dollars will be price some huge cash, counterfeit coins are common. Pay attention to weight and size. A genuine Morgan Silver Dollar should weigh about 26.73 grams and measure 38.1 millimeters in diameter. Coins that look suspiciously shiny, have incorrect details, or are made of the mistaken metal could also be fake.
When unsure, have your coin evaluated by a reputable coin dealer or submit it to a professional grading service reminiscent of PCGS or NGC. Authentication not only confirms rarity but also helps maximize value when you determine to sell.
Understanding date, mint mark, condition, and selection offers you a powerful foundation for spotting a uncommon Morgan Silver Dollar. Even small details can make a big distinction in value, so careful inspection is always worth the effort.
Website: https://bullionsharks.com/classic-rare-coins/dollars/morgan-dollars/certified-morgan-dollars/
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