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How one can Inform If Your Morgan Silver Dollar Is Uncommon
Morgan Silver Dollars are among the many most collected coins within the United States, prized for their history, silver content, and potential rarity. While millions were minted between 1878 and 1904, and again in 1921, certain dates, mint marks, and conditions can make a Morgan Silver Dollar extremely valuable. Knowing tips on how to establish a rare Morgan Silver Dollar can help you keep away from selling a treasure for scrap value.
Start With the Date on the Coin
Step one 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 embody 1893, 1893-S, 1894, 1895, and 1903-O. The 1893-S Morgan Silver Dollar is among the rarest and most valuable in your entire series, particularly in higher grades.
Even widespread years may be valuable in the event that they have been struck in low numbers at certain mints. Always look up the particular year of your coin slightly than assuming all Morgan Dollars are equal.
Look for the Mint Mark
Mint marks let you know where 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 especially 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 because the "King of Morgan Dollars." No common circulation strikes had been officially produced that 12 months, only proof coins for collectors. In case you have 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. Genuine 1895 proof Morgans are extraordinarily uncommon and valuable.
Study the Condition or Grade
Condition plays an enormous function in rarity and value. Two coins with the same date and mint mark can have dramatically totally different costs depending on wear. Coins are graded on a scale from Poor to Mint State. Uncirculated Morgan Silver Dollars, usually labeled MS60 through MS70, are far more valuable than heavily worn examples.
Look for sharp details 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 unique mint shine, is another key factor. Uncommon dates in high grades can be value 1000's of dollars.
Watch for Special Varieties
Some Morgan Silver Dollars are uncommon because of minting errors or die varieties. These include doubled dies, repunched mint marks, and overdates. For example, the 1888-O "Hot Lips" selection shows a particular doubling on Liberty’s lips. The 1878 7 over eight tail feathers selection is one other well-known collectible.
These varieties can add significant value, however they usually require magnification and comparability with trusted reference images to confirm.
Beware of Counterfeits
Because uncommon Morgan Silver Dollars will be worth 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 incorrect metal may be fake.
When doubtful, have your coin evaluated by a reputable coin dealer or submit it to a professional grading service akin to PCGS or NGC. Authentication not only confirms rarity but in addition helps maximize value if you happen to determine to sell.
Understanding date, mint mark, condition, and selection provides you a robust foundation for recognizing a rare Morgan Silver Dollar. Even small details can make a big difference in value, so careful inspection is always well worth the effort.
Website: https://bullionsharks.com/classic-rare-coins/dollars/morgan-dollars/certified-morgan-dollars/
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