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Hunter Snyder

The Morgan Dollar - Just What Is The 1888 Silver Dollar Coin Value? - 0 views

dollar prices Morgan dollars Silver coins key dates

started by Hunter Snyder on 18 Feb 12
  • Hunter Snyder
     
    This morgan silver dollar prices was initially minted in 1878 in Philadelphia, Carson City, Brand-new Orleans, together with Denver in 1921. If you ever own a Morgan silver dollar how can you know how much your coin is worth and whether it is from a key day. The date and in which the coin was minted can be found on the reverse with the coin, underneath the eagle. For instance a coin minted by the New Orleans Mint can have the initial O and a coin minted by this Carson City Mint can have the initials CC and S for any San Francisco Mint.

    To find out how much your coin will probably be worth you should purchase a reliable book on old Us coins. A book I suggest is the Official Red Book Guide to United states Coins, by R. Ohydrates. Yeoman which lists the many key date coins and the values for each grade. You might search eBay auctions for the same coin and grade and then determine how much it is sold for.

    In many instances Morgan silver dollars minted on specific dates tend to appreciate in value the very best. These are called Key Dates. They will Key date coins are definitely the following - 1878CC through to 1892CC are all key date coins. Others include 1886S, 1888S, 1892S, 1893, 1893O, 1893S*, 1894*, 1895**, 1895O, 1895S, 1896S, 1903O, 1903S, 1904S. You should realize that these coins may be worth several thousands of dollars in uncirculated condition where as a coin from all of these key dates that is only of a Fine grade is unlikely to be worth more than $100. This serves for a reminder of the importance of grading a coin correctly and the extent to which the grade or condition on the coin affects its value.
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    Morgan Silver Dollars have been first minted in 1874 and were produced for 26 years ending in 1904. The U. S. Mint then did a fixed production of this coin again in 1921 due to an abundance of silver. The Morgan Silver $ isn't named like many other coins after famous politicians or business people, but instead is named for the designer himself. Before these kind of coins were available, your Seated Liberty Silver $ and Silver trade funds were in circulation, and mostly used for trade with china and taiwan. These coins were produced with 0. 77344 troy oz of silver.

    Morgan Silver Dollars originated around once as a silver emerge in Nevada. In 1921, there was an abundance of silver, which caused the government to produce one more round of these coins, which are now more famous than the ones produced prior to the current time. Collectors and investors both know that the value of these coins is much more than any monetary pay.

    One man get hold of began collecting these Morgan Sterling silver Dollar coins throughout their life, and lived since he was broke. When he died during the 1970s, he ended up leaving over 100 thousand thousand dollars in his house, including 400 bags associated with Morgan Silver Dollars, which each contained 1, 000 coins. The coins were it seems that purchased for $1 each right at that moment, but sold for a lot more than $7 million when they will went to auction because of their iconic status as the largest known collection on the globe.

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