It was struck in 90% silver, a level of silver not seen in circulating coins for half a century. This was the largest silver coin made for circulation in the 20 th century. Just a fraction have survived for today’s collectors, and they are becoming harder to find with every passing day. Most Morgan Silver Dollars were worn out or damaged in circulation, and more than half of all coins have been melted for the precious silver. The obverse portrays Liberty wearing a slave’s cap (an ancient symbol of freedom), while the reverse features a heraldic eagle holding both the olive branch of peace and arrows of war. The coin is now over 100 years old.Įach Morgan Silver Dollar is an immense 1-1/2 inches in diameter and contains over 3/4-ounce of pure American silver. It is the only Morgan Silver Dollar with the “D” mint mark.Īs a result, the 1921 Morgan Silver Dollar from Denver is a one-year-only and one-of-a-kind coin. The coin is identified by the unique “D” mint mark of the Denver Mint, which is located on the reverse, under the center of the wreath. Mint in Denver struck only one Morgan Silver Dollar – the last year of issue coin in 1921. The Morgan Silver Dollar was first made in 1878 and was last made in 1921. It was the favorite silver coin among “Wild West” settlers, outlaws, and prospectors alike because of its large size and massive amount of pure silver. One telling indicator of the 1921 mint is the very small mint mark D placed above the DO in DOLLAR.The Morgan Silver Dollar is one of America’s most sought-after classic coins. This image signifies America's desire for peace alongside a readiness to defend her borders against attack if necessary. He carries an olive branch and is perched atop a bundle of arrows. The image of the eagle on the reverse of the coin was also updated for the Morgan Dollar, showing a proportionally correct eagle with beautifully designed feathers. Her cap is dressed with wheat and cotton in honor of America’s agricultural history. Morgan used Anna Willess Williams, a teacher and philosophical writer, as his model for Lady Liberty. The front of the coin displays a left-facing profile instead of a full body portrait. coinage as it was the first coin to feature an American-inspired Lady Liberty rather than the traditional Greek style. US Dollar Coins Lot 228: 1880 MORGAN SILVER DOLLAR 1 1 bid Bid Big Dog. Do you have a silver Morgan dollar error coin worth money We look at 1891 Silver Morgan Dollar coin values and error coins. The silver coin is named after its designer, United States Mint assistant engraver George T. USA Coin Book Estimated Value of 1872 Seated Liberty Silver Dollar is Worth 347. The original die from the coins minted in 1878–1904 was destroyed by the treasury in 1910, and had to be re-created. The 1921 Morgan Silver Dollars are especially prized because they were the only Morgan dollars produced at the Denver Mint. Due to a renewed desire for the iconic, beautiful design, the Morgan Dollar was minted again in 1921 for one year only. The rumor was that Great Britain could no longer guarantee its silver certificates. government to prevent an economic disaster. Years later, congress passed the Pittman Act of 1918, which required the melting of excess silver dollars – over 270 million coins – after Great Britain requested to buy silver bullion from the U.S. The dollar coin was minted by the US from 1878 to 1904, when production was ceased because the demand for silver dollars was low and the supply was plentiful. Morgan Silver Dollars played a huge part in America’s early development westward. They are highly sought after not only by coin collectors, but by American history enthusiasts as well. Their physical size, availability, beauty, and historical significance have consistently attracted herds of new buyers. It is one of America’s best known coins, with more than half a billion minted. As an alternative to silver bullion bars, Morgan Silver Dollars have proudly perched themselves atop the catbird seat of the numismatic world.
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