Friday, September 07, 2012

1879 Morgan Silver Dollar

Have a Morgan dollar and want to know its value? Leave a comment

Well Morgan and silver seems redundant but it is descriptive. Got this one from Eastern Numismatics back when they had them at 5 for $85 or something. Morgans are among the most collectible of U.S. coins and it is amazing that these chunky coins were once commonly circulating.

Silver dollars always keep great value. This coin can get all scratched and lose all collectors value and still gain in metal value every year. That is kind of true with all metal coins including clad coins, which why going back to the gold and silver standard is ridiculous since the market can easily be manipulated like all currencies.

As a coin it is the standard for all other American coins. Liberty on the front and an eagle on the back. The eagle is holding arrows and branches and is surrounded by a wreath. Thirteen stars on the front symbolize the first states and the two in the back are for decoration.

Here's the stat for this coin...
Type/Country: 1 Dollar / United States
Year: 1879
Mintage: 14,806,000
Metal: 90% silver, 10% copper
Value: $29.00 in VF-20

Do you have a silver dollar and want to know its value? Leave a comment/question and I will do my best to find out the price and history for you.

0 dollars worth, for Comments/Questions click here.: