Archive for the ‘Silver Dollar’ Category

1881 Morgan Silver Dollar Value

The Morgan silver dollar has grown to be one of the more sought-after silver coins in the history of the United States. Created by George T. Morgan in 1878, the coins were released on a regular basis until 1904. The 1881 O Morgan Silver Dollar is easily attainable in mint condition, however the gem state is rare.

The popularity of the coins has risen since the 1960s and has lead to a high demand even today. Being one of the first successful commercially used silver coins of our country's history has been a deciding factor in it surviving so long.  Excellent features such as its size, mintages and silver content are major reasons for its continued fame.

As with all Morgan silver dollars, in 1921 they made a short reappearance but were melted down due to a government mandate.

1881 Morgan Silver Dollar Design

AmazinglydesignedbyGeorgeT. Morgan, even to this day, timethecoinisanalyzedandadoredbycoinindustry professionalseverywhere. Thecoinswerebeautifully made withtheThe coins were designed with the upmost integrity, with the face of Lady Liberty on the front side and a stuffed bald eagle on the back.
Designed with the rare reflective surface called a Deep Proof Like, the 1881 Morgan silver dollar is one of the most popular coins for collectors.

1881 Morgan Silver Dollar Value

The Morgan silver dollar is still to this day one of the most popular coins in America, with an increase in value happening almost every year.
Although these five cities minted the coin, the gem condition is still pretty scarce.
The content of the coin still holds tremendous value because it is made of 90% silver and 10% copper, and this quality makes it very sought after by collectors.
There are not many coins that have withstood the years like the Morgan silver dollars.

1881 Morgan Silver Dollar Mintage

The 1881 Morgan silver dollar was minted in five major cities: Philadelphia, Carson City, San Francisco and New Orleans.

9 million of the 1881 Morgan silver dollars were minted in Philadelphia. These can be identified because they have no mint mark presented on the coin.
In Carson City alone nearly 300,000 coins were minted with the mint mark of CC hidden strategically on the coin.
Most mint marks are found on the back side by the wreath.
The O Morgan silver dollars, which were minted in New Orleans, minted over 6 million coins.
The S Morgan silver dollars, which were minted in San Francisco, produced more than 13 million coins.
Both were prime reasons for the coin's popularity and pending survival for over 100 years.
Mint production of the Morgan silver dollars were suspended between 1905-1920 due to a lack of silver bullion supply, which caused the eventual end of its production as a whole in 1921.

1987 American Eagle Silver Dollar

• Choice BU Hand Selected Single
• Each struck from .999 Pure Silver
• Makes great gift

This Uncirculated American Eagle Silver Dollar was hand selected from an original roll and placed in a protective holder using cotton gloves. These coins, which contain one ounce of .999 pure silver make great gifts, prizes, collectibles and investments!

Price: $ 36.99

1921 Morgan Silver Dollar

• Named after its designer, George T. Morgan, this silver dollar is noteworthy and highly collectible because it is the last in U.S. Mint's series of "cartwheel" silver coins. The Morgan silver dollar was minted between 1878 and 1904, and again, for a final year in 1921. Al of the coins have been dubbed cartwheels because Lady Liberty, whose profile appears on the coin's obverse (front) is surrounded by a ring -or cartwheel - of stars. George

1921 Morgan Dollar. Philadelphia Mint. Last issue of this design.

Price: $ 29.95

The CC Silver Dollar: What You Should Know

The CC Silver Dollar has a unique spot in history. Although every collectible coin has a unique and valuable story, the story of the CC dollar is among those that stand out. This is one coin that no collector should miss out on.

CC Coins

CC actually stands for Carson City. This is where the story of the CC silver coins began. It was in 1859 when a huge source of silver was discovered in Carson City. It was partly because of this silver source and lobbying that a mint branch was established in Carson City. Like every other mint office, the one in Carson also affixed its letter sign on the minted dollar. For Carson Cit y it was the double C.

Value of CC

A CC Silver Dollar is actually a Morgan Dollar. Like other Morgan Dollars, this one has the face of Liberty and an eagle on the reverse. What makes it unique from other silver dollars however is the double C mint mark on the reverse. It is the only American silver coin with a double letter mint mark. This unique feature is one of the main reasons why The Carson City dollar is considered valuable.

One other factor that makes it valuable is its mintage. There were some years when the Carson silver coin was minted in the millions. There were also some years though with only a few hundred thousands. It is estimated that CC silver coins do not even account for one percent of the total amount of silver dollars ever minted. The comparative rarity of a CC Silver Dollar is more than enough to make it more expensive than some other Morgan types. The 1885 Morgan CC is among the most prized because very few were minted in this year.

The quantity of Carson City Silver Dollars dropped even more during the war. Many gold coins of various types were melted at this time. There was a significant shortage of silver at this time. The Carson City silver coins that have survived to this day come from government vaults. These have been sold to the public.

Tips

A CC Silver Dollar can also have a fake counterpart. You should therefore take great care when considering a CC purchase. A CC coins should be carefully assessed like any other collectible coin. It would help if you took the time to find out the distinguishing features of a Morgan CC silver coin.

Even if you do know your coin, there is still a chance that you could get swindled. You can prevent this from happening from buying only from a reputable source. There are many online stores that specialize only in selling collectible coins like the CC dollar. Be extra careful if you plan to buy from an online auction. Check a seller's reputation meticulously.

You should also consider coin condition. A rare CC coin could cost more than a thousand dollars. A highly defaced and worn coin however would hardly merit such a price.

A CC Silver Dollar is a unique and beautiful collector's piece. If you aren't careful though, you could end up with a fake.

The History of Silver Dollar Values

Silver dollars, which are the first dollar coin issue, were minted since 1794. The United States of America have been minting dollar coins in gold, silver, and base metal varieties. A silver dollar values at one dollar.

The term silver dollar can be misleading. While the metal silver is used, the whole term actually generally refers to any large white metal coin, with a face value of one dollar, issued by the United States of America. Several purists have expressed their concern about and protest against the term, insisting that a dollar should not be called silver unless it really contains some, if not all, of the metal in question. Still, the term silver dollar lives on to pertain to coins with one-dollar values.

Beginning the twentieth century, dollar coins or silver dollars have found a significant decrease in popular acceptance in circulation in the United States of America. Since 1971, there have been many attempts to revive the silver dollars place as legal tender, with suggestions to phase in a coin to replace the one dollar bill, but all have proved futile. Other developed countries, on the other hand, still have denominations of like value exist only in coin. For example, there are the British 50 pence coin, the Canadian loonie and toonie, the 1 and 2 Australian dollar coins, the 50 New Taiwan dollar coin, the 1 and 2 Euro coins, and the 100 and 500 Japanese yen coin, to name a few; the silver dollar values still exist in these countries.

Before dollar coins or silver dollars were born, paper currency was first tried out by a then fledgling United States. However, this form of money did not last long and in 1776, the Continental Congress approved and carried out plans for the production of silver coins to replace the quickly failing Continental, which is what the fledgling country called its paper currency. Unfortunately, silver coins were never actually produced at the time, owing to the Revolutionary War which was taking place. Thomas Jefferson, influenced by the failure of the Continental and the overall distrust in paper currency that was widespread during the period, wrote letters indicating his desire for the United States to mint coins that have similar value with and worth to contemporary foreign coins. Indeed, such is the clamor for coins and silver dollar values.

The United States Mint, officially authorized by the Coinage Act of 1792 to produce dollar coins from silver, produced silver dollar coins from the year 1794 continuously until 1803, when the robust silver dollar production were stopped until 1836. Mint Director David Rittenhouse, distributed the first silver dollars, which were 1,758 all in all, as souvenirs to the dignitaries at that time. Today, coin collectors from around the world highly prized original silver dollars made during the said period, including the Flowing Hair (1794-1795) and the Draped Bust (1795-1804), of which there are two varieties, namely the small eagle (1795-1798) and the heraldic eagle (1798-1804). Some of these silver dollar values are extremely rare and exceptionally valuable, especially because they are the earliest examples of massively circulated coins ever struck by the United States Mint, thus bearing an incomparable mystique for serious coin collectors worldwide.

Silver Dollars - For Collectors Or History Lovers

United States silver dollars have long been prized by coin collectors, but they also have a background that's valued information for lovers of American history.

Thomas Jefferson first proposed minting a silver dollar coin in 1785 and when Treasury Secretary, Alexander Hamilton, projected a monetary system for the emerging United States of America, they began producing the coins, including the Flowing Hair silver dollar in 1794.

Silver dollars were minted in varying degrees of silver content until silver became scarce. When the incredible riches of Nevada's Comstock Lode were discovered in the late 1850s, silver prices plummeted and the Treasury Department was required by Congress to begin producing silver coins. The Trade Dollar was minted in Philadelphia, Pennsylvania specifically to improve trade with the Orient - mainly China.

The Morgan silver dollar was designed by George T. Morgan and minted from 1878 until 1904, then ceased because of the huge amount of dollars in circulation and silver bullion again became scarce. Then, in 1921, the Morgan silver dollar was minted again, but only for the year. Silver prices skyrocketed after 1921, and Morgan dollars were melted for their content of silver bullion.

Carson City Morgan dollars were discovered at the Carson City Mint where they were produced in the 1800s. They were ultimately sold by the federal government to coin collectors in the 1970s and are some of the most prized in coin collecting.

The history of silver dollars in America is fascinating and has produced a huge following of collectors.

United States silver dollars continue to be one of the most valued silver coins collectible worldwide.

Among silver dollars, Carson City Morgan dollars are most valued dollars, and here is why.

Carson City Morgans (CC Silver Dollars) demand an indomitable place in American history. After massive quantities of silver were discovered in the 1850s in Carson City, Nevada, the town built and maintained a mintage that produced what became known as the CC Morgans.

The Carson City silver dollars look the same as the Morgan dollars, with the face of Liberty and an eagle on the reverse side, but also display the double C mint mark on the reverse side. This fact makes it extremely valuable to collectors.

Millions of Carson City silver dollars were minted during certain years, but in other years only a few thousands were minted. As a result, Carson City silver dollars total less than one per cent of the total number of American silver dollars that were minted before and after them.

All Carson City Morgans are considered very collectible, but among the most valuable of these is the 1885 Morgan CC. During this year, very few of these silver dollars were minted. The Carson City mint was officially closed in 1893.

Meanwhile, the numismatic hobby was growing by leaps and bounds. Then, in the late 1930s a few coin dealers discovered that there were uncirculated Carson City silver dollars worth .00 each in Washington D.C.'s Treasury Department. Naturally, the dealers began to take advantage of the opportunity.

New interest in Carson City Morgans began in 1972 when the General Services Administration began to distribute them in mail-bids. This continued until1980, when the entire cache of CC dollars was gone.

American Eagle Silver Dollar One Ounce Silver Coin

The American Eagle Silver Dollar, first released November 24, 1986, is the official Silver Bullion Coin of the USA. The coin is 'struck' in the 1 troy ounce denomination and contains one troy ounce of pure silver (99.9%). Its nominal face value is one US dollar.Since release, the American Eagle coin has risen in popularity as a collectible and for investment purposes. The coin's design is considered by many as outstandingly beautiful. The obverse (front) face of the coin features Adolph A. Weinman's Walking Liberty motif. The reverse face features the heraldic eagle designed by John Mercanti.

As an investment item, the American Silver Eagle is approved in the United States for funding Individual Retirement Account investments.

Asture financial advisors would offer the recommendation to allocate a percentage of one's cash resources into the presious bullion and coin asset group. Especially at this time of global market uncertainity. This advice is considered a prudent strategy. By adopting a 'buy n hold' mindframe, the long-terms benefits will be welcomed.

In short, the pure bullion and coin asset class acts as 'stored value' investment. For example, the valuse of fiat currencies will fluctuate over time, however, the volatility in the precious metal market is less apparent over time.

When the time is right to begin your incremental acquisition of items within the pure bullion and coin asset group, then the internet is an ideal location for search and buy. There are many online platforms for buying and for that matter selling gold and silver bullion and coins. This can be both fun and financial rewarding.