Produced for more than 40 years, the Morgan Silver Dollar has been in circulation longer than any other. Heralded as the best of all silver dollar designs, the Morgan was an immediate hit with American citizens when it was released in 1878. Production of the coin continued until 1921, when the coin was replaced by an even newer one, although less popular, design. In many ways, the design of the Morgan Silver Dollar is similar to the Bust Silver Dollar, although you will notice that it is much more detailed.
For collectors, the goal is always to find a coin that has held up well over the years. Since many of these coins are over 100 years old, it’s not very common to find a Morgan silver dollar that looks intact.
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what you will pay for a morgan silver dollar
The starting price of a morgan silver dollar is something that cannot be as easily determined unless you have the exact coin. 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 as little as $10 to $100 and more for a morgan silver dollar.
Unsurprisingly, the coins that have been well preserved over the years are the ones that will sell for the highest prices. In addition, earlier Morgan silver dollars also tend to be priced higher. if you can find an antique morgan that’s also in good condition, it’ll be priced at $100 or more.
Most Wanted Morgan Silver Dollars
Without a doubt, the most sought-after Morgan silver dollars are those that have stood the test of time without succumbing to the many signs of wear and tear often associated with coins that are so old. For collectors, these well-preserved coins are the preferred addition to any and all collections. Unfortunately, the fact that almost all of these coins were produced over 100 years ago means that in most cases they will show signs of damage, sometimes significant signs of damage.
In addition to coins that have preserved well over the years, collectors also want to get their hands on early Morgan silver dollars. Coins produced in 1878 and 1879 are especially popular because they are the oldest available on the market today. it is the mint condition 1870s coins that sell for higher prices than almost all other morgan silver dollars.
Since up to 3 or more different types of morgan were produced each year, the exact type of coin will also influence the value of the coin to collectors. some versions of the coin, such as the 1878 cc, are especially valuable and difficult to find.
future value of morgan silver dollars
The future value of a coin is something that is fairly easy to determine, especially when you know that the coin is no longer being produced. When it comes to the Morgan Silver Dollar, these coins haven’t been on the US Mint’s production lines for almost 100 years, which means the value of the coins is always on the rise. As the years go by, you can bet there will be fewer and fewer morgans on the market. Knowing this, it goes without saying that these coins will only get more expensive as time goes on. For this reason, there has never been a better time than now to get your hands on a Morgan Silver Dollar.