Due to an increased volume in orders, shipping is estimated to be delayed for up to 3 weeks. The coin comprised 90 percent silver and 10 percent copper and was struck at. For sale 1928 auctions 6 wishlist 26 collection 25. Coin holder case aluminum wblack shockproof for morgan dollars. Buy a copy of a guide book of us coins known as the red book. The morgan silver dollar was in general circulation from 1878 to 1921. Coins which are in slabs from pcgs and ngc are worth more than coins. The outer holders are made of clear, scratch resistant plastic. Almost uncirculated 58 au58 is a confusing grade and in some situations, depending the coin grading service or the grading expert, one day a an au58 might be considered ms60 or an ms60 could be considered an au58. While it is always best to view a coin firsthand, hopefully the following images will provide a useful guide to grading the popular morgan series. George mallis 2 noted numismatists who wrote a book in 1971 titled the comprehensive catalog and encyclopedia of morgan and peace dollars the last names of van allen and mallis are shorthanded as an acronym called vam which collectors use in conjunction with all silver. Silver morgan dollars are still one of the most popular u.
The prized coins were consigned to the history books, thus ending a shining story. In a series of sales lasting from 1973 to 1980, this hoard of several million silver dollars, mostly morgan dollars minted at carson city, was dispersed via auction and fixed prices in plastic holders with a black inserttoday known as gsa holders. Morgan dollars 18781921 price guide and values ngc. An education in united states coins and their grading would be an apt description, and this book is a 400 level college course. Morgan dollars are large and heavy coins that are made out of silver. Obviously, getting the red book and learning the actual market values of morgans is critical. Littleton morgan silver dollars 18921921 album lca9 harris peace dollars 19211935 coin folder 2709 by h. Morgan silver dollars 18781921 littleton coin company. The birth of americas beautiful morgan dollar minted from 18781904, and once again in 1921, the morgan silver dollar is one of americas most popular collectible coins. Jan 05, 2018 on the other hand, many 1921 morgan dollars known as zerbe proofs, are less definitive, looking more like wellstruck business strikes, which are made for circulation, but are most. David bowerss guide book of morgan silver dollars, billed as a. Aug 22, 2016 over the years, i have found grading in old green holders inconsistentnot necessarily more conservatively gradedas is common numismatic lore. Archival quality whitman folders, albums, cases, and other holders keep. Morgan dollars 1878 1904 pcgs certified view precious.
Collectors guide to morgan silver dollars jasper52. Your collection includes the one that started it all, the 1878 morgan dollar, the lastyearofissue 1921 morgan dollar, highly prized 1893 and 1895 issues, and 24 additional morgan silver dollars. The keys to successful coin collecting are date, mintmark, condition and rarity. Special occasionthemed silver gifts are on a normal shipping schedule. The bottom line of course, as with many areas of coin grading, judging dmpl morgan dollars from spl or pl morgan dollars may cause some disagreement between hobbyists. Ngcs coin price guide for morgan dollars 1878 1921. I grade it 62 because of the excessive marks on the eagle on the reverse. Morgan dollars are called the king of americas coins for a good reason, because they helped the united states grow the western frontier and fuel the. Grading results of cleaning and old green holders coin. The long morgan dollar series, so popular with collectors, is covered in great detail. Easy to understand and clear in its language, the pcgs guide to grading and counterfeit detection is not only a must have reference but an all around good read. Over the 27 years of morgan dollar production, some 657 million morgan dollars were produced in 96 different dateandmint combinations. Jun 12, 2015 the morgan dollar ranks among the easiest to grade because of its generous fields. Pcgs photograde online estimating coin grades has never.
We recommend the best holders for protecting coins. Depends on mintagesupplydemand the date of the coin, and you being able to tell the coin is a morgan dollar, and possibly the mint mark can be identified. Minted from 1878 to 1904, and then once again in 1921, before retiring as americas most popular coin. An au58 coin is graded such because only the very highest points of the design have the slightest amount of wear. The rim of the coin is full on both the front and back of the coin. Morgan designed the coin, which featured a profile of lady liberty on the obverse and an eagle on the reverse. History of the morgan dollar courtesy of wikipedia the morgan silver dollar was a united states dollar coin minted from 1878 to 1904, and then again in 1921. Harris instant indian head cent collection 10 different more than 100 year old dates. The morgan silver dollar is one of the most popular and most beautiful of all classic united states coins.
Mint issued the lastever 90% silver morgan dollars into circulation. The precise fit inserts and the outer holders are chemically inert and free of pvc, acids or chemical softeners. A mint state coin with attractive mint luster, but noticeable detracting contact marks or minor blemishes. Silver is a metal and all metals can be smashed, however. They arent necessarily the rarest vam dollars, but rather are the most popular and, thus, have more demand than their available. Mar 05, 2017 ngc grading results are back of the 1951 toned proof set coins from the unclaimed safe deposit box duration. Everything you need to know about grading with pcgs or ngc.
By the way, some scuffs are permitted on dmpl morgan dollars, but get too many surface marks on a dmpl morgan silver dollar and its overall grade and desirability decrease. Origins of the 1921 zerbe proof morgan silver dollars. Morgan silver dollars were minted between 1878 and 1904, and again during the year 1921. Consists of 97 coin pcgs morgan silver dollar basic set, circulation strikes 18781921 and 20 major variety set, circulation strikes 18781921. Points to consider before you invest in morgan dollars. The 1895 morgan dollar, the king of the morgan dollar, exists only as a proof. Dec, 2019 buy a copy of a guide book of us coins known as the red book. On the other hand, many 1921 morgan dollars known as zerbe proofs, are less definitive, looking more like wellstruck business strikes, which are made for circulation, but are most.
While silver is relatively soft and malleable, the large size of the morgan dollar makes it difficult to strike up the design fully. This is a rare opportunity to own 28 of these coveted coins one from every year of issue. Grading results of cleaning and old green holders coin update. A guide book of morgan silver dollars official red book the top 100 morgan dollar varieties. The coin was minted by the united states mint from 18781904 and then again in 1921. Fake 1885cc morgan dollar in fake gsa holder coinweek. Hundreds of millions of morgan silver dollars were melted over the years.
Ngc provides grading services specifically for silver dollars still sealed within their rigid gsa holders. Morgan dollar grading set american numismatic association. As you can see, for each grade, the value increases dramatically, and this has caused raw coin sellers to see only dollar signs and one reason to never buy raw coins without. It will have retail pricing info and give you some grading guidelines. Morgan dollars 18831885 new orleans mint 3pc set ngc. Because most of the morgan dollar coins exist in higher grades than most other series, you should invest in only the highest grade specimens. Grading morgan silver dollars a guide for beginners. With pcgs photograde, you can obtain the approximate grade of your coin by comparing it to the photo that most closely matches its appearance.
Morgan dollars 18831885 new orleans mint 3pc set ngc ms63. If you know morgan dollars then you know that they can often be found with weak strikes on the high points, furthermore they were stored in stacks, one on top of the other. The melt value shown below is how valuable the coins metal is worth bare. The coins that spanned six decades of american history.
Morgan dollar, ms morgan dollar, pr morgan dollar, sp. Pcgs certified morgan dollars the morgan silver dollar is one of the most famous and most highlycollected u. Professional coin grading service pcgs recommends that you store coins at 75 degrees fahrenheit. If you prefer wholesale valuations, try the handbook of us coins known as the blue book. Complete pcgs graded 117 coin morgan silver dollar set ebay. Consider an example of the 1889cc morgan dollar grading ms64 dmpl of which there are only a couple dozen survivors.
Amazons choice for coin holders for morgan silver dollars 38mm direct fit capsules for large silver dollars including morgan, peac,e and eisenhower ike dollars pack of 50 4. If you can afford to buy proof morgan silver dollars, you should do so because those have performed very well as investments. In an effort to streamline silver bullion production, we are offering 1oz buffalo replica silver rounds on a 12 week delay and 10oz buffalo replica silver bars on a 23 week delay at this time. The price difference between ms63 and ms65 is significant, and not all dealers and grading services have the same grading standards. A full background of the making of this coin is given, with datebydate analyses.
The holders have a labeling field and come with blank labeling cards to display information about the coins. The coin comprised 90 percent silver and 10 percent copper and was struck at u. Although they are probably the most common of all 19 th century u. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nations great gold and silver rushes particularly 1859 and. History of the morgan dollar courtesy of wikipedia. All were cracked out of pcgs holders to test cleaning and grading consistency. However, because five mints manufactured morgans philadelphia, new orleans, carson city, san francisco, and denver 1921, strikes vary from strong to weak, depending on the year and mint.
This story, unknown to collectors till now, is remarkable and is worth the price of the book. Another essential item to consider when investing in rare coins, including morgan silver dollars, is to find who is providing the coin grade. To fully understand the history of these 90% silver beauties, we first have to go back to the era of our nations great gold and silver rushes particularly 1859 and the great comstock lode. The morgan dollar was the first standard silver dollar minted. The third party grading company pcgs uses the designations dmpl or pl on their holders, while ngc uses dpl and pl. Mint state 64 a mint state coin with full attractive mint luster. Pack of 5 lighthouse quickslab 38mm graded coin slabs us ikemorgan silver dollar holders. Such welldefined standards were not always in place, and even after they were adopted, they continued to evolve and still do to this day most numismatists agree that grading coins is an art and not a science. Most morgan dollar coin collections are created by collecting one dollar of each date and mint mark combination 1886s, 1901o, etc.
Jan 09, 2018 the fake 1885cc morgan dollar, however, is far more obvious. Hundreds of thousands of these coins were melted down, but a surprisingly large number of morgans still exist and can be found in uncirculated condition. Each coin is certified by pcgs, in contrast to coins not evaluated by an established grading service which may prove nongradable. It was struck with silver from the comstock lode in nevada the most famous and most successful silver strike in american history, and it was respected everywhere because of its large size and large amount. Pcgs kept no official log of changes in the earlier years.
The most valuable vam silver dollars are highly coveted by silver dollar collectors. Thats a bit too complex to get into here, as any morgan aficionado knows. Morgan silver dollar checklist littleton coin company. Counterfeit coin fake 1885cc morgan dollar in fake gsa. This grade is the benchmark average grade for morgan dollars.
The next best investments are the very high grade, ms65, or better coins. Origins of the 1921 zerbe proof morgan silver dollars are. A prooflike coin should have a minimum of 24 inches visible, while for a coin to be a deepmirror prooflike it should have as much as 68 inches of lines clearly visible. Get the best deals on morgan silver dollar book when you shop the. A guide book of morgan silver dollars, 5th edition. Please examine pictures for coin appearance and condition. The morgan dollar ranks among the easiest to grade because of its generous fields. Morgan dollar photos, mintage, specifications, errors. A brief history of the guide book of morgan silver dollars coinweek.
How to grade morgan dollars guide with photo examples. Grading, which is also called certifying, slabbing, holdering, rating, or encapsulating, is when an independent third party views a coin in person and gives it a numerical grade between 1 and 70 based on its condition. Lighthouse slab style holders are the perfect what to house your unslabbed coins in slab style holders. Po1 with a poor 1, at most times, the value of the morgan is melt value. It was the first standard silver dollar minted since production of the previous design, the seated liberty dollar, ceased due to the passage of the coinage act of 1873, which also ended the free coining of silver. There is a mylar sheet glued to the inside of the holder and when it is stapled shut it protects the coin from the elements while allowing it to be viewed from both sides. There may be one other explanation for those who believe in grade inflationand some very big numismatic names have made fortunes on that theoryand that is, most of the conservatively graded. These large silver coins are known for their value, quality of strike and design, and beauty.
And if your morgan dollars are gradedcertified, here are a few more cases for. Recent reports have identified counterfeit coin gsa holders with counterfeit carson city morgan dollars inside. How well a coin has survived the ravages of time can not only. The hair detail is very well worn leaving very little detail. Morgan silver dollars coin album 18781891 whitman 9128 set collection holder.
Grading is a method of determining a coins relative state of preservation, using a system of standards and terminology generally accepted by the collecting community. Grading sets from poor 1 to ms64 for both guide book varieties of the semikey 1879cc silver dollar are present. Silver eagle morgan silver dollar vintage gold coin collecting. The us general services administration gsa was responsible for sorting and marketing the us treasurys hoard of silver dollars, after the treasury ceased issuing dollar coins in 1964. First minted in 1878, it was a coin that was connected with the wild west. The fake 1885cc morgan dollar, however, is far more obvious. The following definitions and images are representative of the american numismatic association ana grading standards. After youve done that, you can go to the pcgs price guide to get a ballpark idea of how much the coin is worth. Coin collection albums are albums or little books that are often made of.
440 926 1426 981 271 78 233 1524 20 1335 235 348 1286 692 1457 348 1621 1353 921 843 264 696 1519 1244 903 1468 1403 54 612 1143