
The Morgan dollar proof is a highly sought-after collectible coin, and for good reason - its beauty and historical significance make it a true treasure for any collector.
The Morgan dollar proof was first introduced in 1878 and was produced until 1904, with a brief revival in 1921.
These coins were designed by George T. Morgan and feature a stunning Lady Liberty on the obverse side, surrounded by 13 stars and the date of issue.
The reverse side of the coin features a majestic eagle in flight, symbolizing the United States' strength and freedom.
The Morgan dollar proof was minted in Philadelphia, with a total of 657,000 coins produced during its initial run.
What is a Morgan Dollar
The Morgan Dollar is a classic American coin that has been around for over a century. It was minted from 1878-1904 and again in 1921, making it the largest silver coin ever made for circulation in the United States, measuring almost 1-1/2 inches in diameter.
The Morgan Dollar contains over 3/4 ounce of pure silver, which made it a valuable commodity during times of war. Millions of these coins were melted to help pay for World Wars I and II, and many more were privately melted in the 1980s when silver prices soared.
The Morgan Dollar has a rich history and is still highly sought after by collectors today. Due to its limited availability and high silver content, it's no wonder that many of these coins were destroyed or worn out in circulation.
Here are some of the Morgan Dollar proof coins that are available for purchase:
These proof coins are highly collectible and come with a range of certifications and guarantees, making them a great addition to any coin collection.
Morgan Dollar Sets and Records
The Morgan Dollar has been a collector's favorite for over a century, and its proof sets have become highly sought after.
The first proof Morgan Dollar was minted in 1878, and it's considered one of the rarest and most valuable of its kind.
Morgan Dollar proof sets are highly prized among collectors, with some sets selling for hundreds of thousands of dollars.
The 1893-S Morgan Dollar proof is particularly rare, with only 12 coins known to exist.
The 1921 Morgan Dollar proof is another highly sought-after coin, with only 100 coins minted.
Understanding Morgan Dollars
The Morgan Dollar is a classic coin that has been around for over a century. It was minted from 1878-1904 and again in 1921, making it one of the longest-running coin series in the United States.
The Morgan Dollar is known for its silver content, with a whopping 3/4 ounce of pure silver in each coin. This is a significant amount of silver, and it's no wonder that millions of these coins were melted down to help pay for World Wars I and II.
The Morgan Dollar is also notable for its size, measuring almost 1-1/2 inches in diameter, making it one of the largest silver coins ever made for circulation in the United States.
Here are some key facts about the Morgan Dollar:
The Morgan Dollar has undergone many changes over the years, but one thing remains constant - its popularity among collectors and investors.
Morgan Dollar Information
The Morgan Dollar is a coin that's steeped in history, and its design is a major part of what makes it so valuable.
The Morgan Dollar was minted from 1878 to 1904, and then again in 1921, with a total of 657,000 coins produced. It was designed by George T. Morgan, an English engraver who worked for the US Mint.
One of the most distinctive features of the Morgan Dollar is its depiction of Lady Liberty on the obverse (front side) of the coin.
What is a Proof
A proof is a specially minted Morgan dollar that was made for collectors and dealers to verify the quality and authenticity of the coins.
These coins were made in 1878 and 1921, and they have no numismatic value, meaning they're not worth more than regular Morgan dollars.
Proofs were made using a special process that involved multiple strikes of the die to create a highly detailed and polished finish.
Each proof Morgan dollar is a unique piece of art, with a mirror-like surface that reflects light and shows off the intricate details of the design.
The proof Morgan dollar was a way for the mint to showcase the quality of their coins and to give collectors a chance to see the coins in all their glory before they were released to the public.
A Quick Primer
The Morgan Dollar series is arguably the most popular and most collected coin issued by the United States. It was issued from 1878 through 1904, and again in 1921. The coin was designed by future Chief Engraver George T. Morgan.
The Morgan Dollar has a long history associated with the American "Old West". This is due to its late 19th, early 20th-century production run and substantial representation among western branch mints.
The coin was the result of government pork, as the Bland-Allison Act of 1878 required the Federal Government to buy silver from mining interests in the western part of the United States. This led to the production of dollar coins with almost no commercial use.
The "GSA Hoard", a collection of uncirculated Morgan dollars, was sold at public auctions during the 1970s. This event set off a coin-collecting renaissance in the United States and encouraged the development of the modern hobby.
Here are the mints where the Morgan Dollar was struck:
- Philadelphia
- New Orleans
- San Francisco
- Carson City
- Denver
Frequently Asked Questions
What is the mintage of the 2024 reverse proof Morgan and Peace Dollar?
The mintage of the 2024 reverse proof Morgan and Peace Dollar is 262,500. This limited edition set is available for purchase, but hurry as household orders are initially limited to five.
Sources
- https://nnp.wustl.edu/encyclopedia/seriesdetail/185
- https://www.coinworld.com/news/us-coins/heritage-sets-record-with-1895-proof-morgan-silver-dollar
- https://coinweek.com/morgan-dollars-for-beginners-proof-vs-prooflike/
- https://www.thepatrioticmint.com/collectible-dollar-coins/morgan-dollar.html
- https://www.pcscoins.com/silver-coins/silver-dollars/the-prooflike-morgan-silver-dollar-MPL.html
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