The New Orleans Mint began striking the new silver dollars in 1879. The Denver Mint, established in 1906, struck the coins for only one year, in 1921. The mint marks appearing on the coins are none, representing Philadelphia, “CC” for Carson City, “S” for San Francisco, “O” for New Orleans and “D” for Denver.
How much is the 1921 S Morgan dollar worth?
CoinTrackers.com has estimated the 1921 S Morgan Silver Dollar value at an average of $28.00, one in certified mint state (MS+) could be worth $600.
How much is a 1893 S Morgan dollar worth?
The 1893-S Morgan dollar had the lowest mintage of any Morgan dollar, at 100,000 coins. As such, it is truly the key date in the series. This date is also the rarest Morgan dollar in Mint State….Circulated Grades.
| Very Fine 25 | Extremely Fine 45 | About Uncirculated 55 |
|---|---|---|
| $5,550 | $11,900 | $40,500 |
Which year Morgan silver dollars are most valuable?
1893‑S. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.
Are Morgan Dollars a Good Investment?
Because most of the Morgan dollar coins exist in higher grades than most other series, you should invest in only the highest grade specimens. They are pricey compared to MS-60 to MS-63, but their incredible rarity in the age of encapsulated coins make them a good investment.
Why are Morgan dollars so expensive?
The question of cost is a relatively easy one for plenty of United States coin series, but gets complex for the Morgan dollars, simply because they are so heavily collected and meticulously graded, especially in mint state.
Do Morgan dollars increase in value?
Some Morgan dollar values have since risen. The rise in bullion value is substantially behind some of the price increases of the most common Morgan dollar dates. Increases in both scarcity and demand have fueled price increases in other areas.
How much is a 1881 S Morgan coin worth?
USA Coin Book Estimated Value of 1881-S Morgan Silver Dollar is Worth $35 in Average Condition and can be Worth $62 to $202 or more in Uncirculated (MS+) Mint Condition.
Where is the mint mark on a 1881 silver dollar?
The US minted the 1881 silver dollar with no mint mark and also the 1881 CC silver dollar, 1881 O silver dollar, and 1881 S silver dollar. The mint mark, when present, can be found on the reverse side of the coin below the wreath.
When did they start grading Morgan silver dollars?
However, when the mint resurrected the Morgan design in 1921, they had to re-create the master coin hub used to create working coin dies. The changes to the new coin dies were so minor that they are barely noticeable. Therefore, all United States Morgan silver dollars can be graded using the following standards.
What’s the value of an 1878 Morgan silver coin?
Click here to Learn How to use Coin Price Charts. Also, click here to Learn About Grading Coins. The Melt Value shown below is how Valuable the Coin’s Metal is Worth (bare minimum value of coin).