Posts Tagged ‘Dollars’

Morgan Dollars
Morgan Dollars—the most popular silver dollar coins?

Morgan dollars that were minted from the years 1878 through 1904 (plus, later once again in 1921) just might be the most widely collected of all U.S. silver coins. Morgan dollars may even be more sought-after than the Peace dollar or Walking Liberty Half Dollar.

There are so many Morgan dollars available to collect, that Morgan appeals to a collector’s “hunt and gather” instinct. Morgan dollars are collected in a variety of ways. Most coin collectors who collect silver dollars like to collect Morgan dollars the traditional way: by obtaining one of each date and mintmark combination, which is not easy. Older collectors can remember that in the 1950s silver dollars were available at banks but too expensive to collect. A simpler approach that would be far less expensive would be to put together a collection that consists of the least expensive example of each of the different years of Morgan dollars. By doing this, you would have a complete year set without the focus on all the different mintmarks of Morgan Dollars.

What are the varieties of Morgan Dollars that are most popular? One coin collecting guide book lists five different varieties of the Philadelphia-minted 1878 and another five varieties of the 1880-CC, which is the Carson City mint that so many collectors love to own coins from.

In fact, a third way to collect Morgan dollars would be to focus on Morgan dollars from the Carson City Mint. This type of coin collection would be made up of only 13 different coins: the mint years 1878 -1885 and 1889-1893. The only downside of collecting Morgan Dollars this way is that four of the dates (1879-CC, 1889-CC, 1892-CC, 1893-CC) are expensive to own in all the grades. Even the “common” dates of Carson City Morgan dollars are relatively expensive because of high demand. The good news is that this collection would feature the 1878-CC, with a mintage of 2,212,000 (the second highest mintage of the 13 dates, following only the 1890-CC (2,309,041).

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Very Protected Ventures in Silver with Pre-1965 Dollars

Article by Michael Miller

What would you like to possess: a tangible investment which you can easily access or just a paper piece whose market value could evaporate in a moment? As a result of the recent economic downturn, many people interested in investing are interested in making investment in safe silver. It assists you in protecting your savings so that they have good value whenever you require cash by converting them.

Silver is available very easily to the interested investors in the shape of bullion, bars and different types of coins. Among all the options the dollars of silver which are dated before 1965 have emerged as most beneficial and secure.

Why should you make investments in Silver Dollars?

Dimes, quarters and dollar coins give different amounts of returns to the investors depending upon the wear and composition of the silver coins. Dimes and Quarters are exchanged quite often so there will be more wear than dollar or half dollar coins. This gets less from the quantity of pure silver they would get. For this reason people mostly opt for investment in silver coins.

Which of the dollar coins are good to invest?

Silver investors usually search for coins which were minted before 1965 as there are quite few which have high silver content. Of good worth to coin collectors and investors alike is Walking Liberty half dollar, 1964 Kennedy and Ben Franklin.

Why Would You Want Junk Silver?

When there is no value of coins for the collectors, they are referred to as "junk coins". While many of pre-1965 silver dollars are just junk coins to collectors, they are most eagerly sought by silver investors due to their large silver content.

You will get junk coins in the bags having face value at 00 and they are reliable and safe option for the investors desirous of securing their investments in case the dollar goes down.

People interested in making silver investments must first understand valuation of pre-1965 coins. When investments are made properly, silver can get you good financial gain apart from the total safety of investments.

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Check out this author's latest website retirement investing which assist others to learn more concerning spousal roth ira.

The History of the Franklin Half Dollar. Learn about how this US Coin has transformed over the years and ways you can collect coins by visiting USACoinShop.com
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Major types of US dollars Coins

Dollars appear in nine major types, which we discuss in this article.

Flowing Hair (1794–1795)

The first U.S. silver dollars bore Robert Scot's Flowing Hair design. Because the U.S. Mint relied on depositors for its silver (see the "Flowing Hair half dollars (1794–1795)" section, earlier in this chapter), mintages are spotty. In fact, less than 2,000 1794 silver dollars were struck. As expected, the 1794 is rare, but the 1795 is affordable.

Draped Bust (1795–1804)

The Draped Bust silver dollar comes in two subtypes: one with the plain eagle design of 1795 and a later version with an eagle with a shield. The rarest date in this series is the 1804, one of the greatest rarities in all of U.S. numismatics (holder of a record price of .14 million — see Chapter 24). Funny thing, though: The 1804 dollar wasn't struck until at least 1834, when some were made as special presentation pieces for overseas VIPs. Several collectors are working on die-variety sets from this type, but the high cost of the coins keeps most collectors out.

Seated Liberty (1836–1873)

No silver dollars were struck for circulation between 1804 and 1836, which was an awfully long time to go without one of the bedrocks of the U.S. money system. In 1836, an employee of the U.S. Mint named Christian Gobrecht designed a new silver dollar featuring a Seated Liberty design that was to become a standard on all silver coins just a few years later. The reverse of the coin shows an eagle in flight amidst a field of stars (this beautiful Flying Eagle reverse was never adopted for use on silver dollars, but it did eventually appear on the new small cents of 1856–1858). By the time Gobrecht's silver dollar made it into general circulation in 1840, the reverse design of the coin was changed to a plain eagle with arrows and an olive branch in its talons.

Trade (1873–1885)

In 1873, the U.S. Mint began producing a special silver dollar to circulate in the Orient and compete with similar coins from other nations (see Figure 11-30). The new trade dollar bore a modified version of the Seated Liberty design — this time, Liberty is seated on a bale of cotton, and she offers an olive branch to an unknown recipient on the other side of the ocean. The trade dollar enjoyed some popularity in Asia, where merchants would punch their special marks into the coin to give it their stamp of approval. Even though the trade dollar was heavier than the regular U.S. silver dollars, it was good only for purchases up to in the United States. After that, the trade dollar was worth only its bullion value, which was less than its face value. As a result, many of the coins found their way back into the United States, where they could be spent at a profit.

Morgan (1878–1921)

George T. Morgan never could have guessed that his new silver dollar of 1878 would become the most important silver coin in the United States and the most widely collected coin in all of numismatics. Morgan's design is simple yet elegant, with a classic head of Liberty and an eagle with outstretched wings. Thanks to large hoards of silver dollars uncovered over the years, sufficient quantities of Uncirculated coins exist to support the active collector market. Key dates in this series include the 1889-CC, 1892-S, 1893-S, and the proof-only 1895. Certain Uncirculated silver dollars have mirrored surfaces ranging from partially mirrored to deeply mirrored. A deep mirror proof-like is the collector's dream, and some dates are extremely rare in this format.

Peace (1921–1935)

Following World War I, everybody wanted peace. Some Americans wanted it so badly that they petitioned for a peace dollar and got it. Unfortunately, by the time the design was finished, peace turned out to be nothing more than a small word on the back of the coin. In a nod to classical ancient styling, the designer used a Roman spelling for the motto In God We Trust, using a V instead of a U. This simple change accounts for a large portion of the phone calls received by dealers every day: New owners of peace dollars think they have a rare error. Peace dollars were made from 1921 to 1935. The first year had an unusually high relief that was lowered in subsequent years. All dates are available and affordable, although the 1928 and 1934-S can be a challenge in nice condition.

Eisenhower head (1971–1978)

The Eisenhower dollar was originally meant to honor the astronauts of Apollo 11 for their historic landing on the moon. However, a portrait of Ike was placed on the front of the coin because he died a few months before the lunar landing took place. The reverse of the coin shows an eagle landing on the moon with an olive branch in its talons. The Ike dollars made for general circulation were made of the same copper-nickel-clad metal used on other U.S. coins beginning in 1965, but collectors were allowed to purchase specially packaged Uncirculated and proof example in 40 percent silver. In 1975 and 1976, a special design was used to celebrate the U.S. bicentennial.

Anthony head (1979–1999)

The Susan B. Anthony Dollar replaced the Eisenhower dollar in 1979. Susan B. Anthony fought for women's rights, especially the right to vote, in the 1800s. When a new, smaller coin was being considered, Suzie turned out to be one of the more popular subjects. Mint officials thought a smaller dollar would circulate better than the old 38-millimeter version, but the public absolutely hated the new coin because it was too easily confused with a quarter dollar (shades of the old 20-cent piece all over again). Millions of the Anthony dollars remained unissued in the government's vaults.

Sacagawea (2000 to present)

Despite the failures of the 20-cent piece and the Susan B. Anthony dollars, and despite resistance from the general public, the U.S. government persists in developing small-size dollar coins. Its latest experiment, the Sacagawea dollar, has met with some success.

Find More Sacagawea Dollar Articles

Uncirculated MORGAN SILVER DOLLARS (1878 - 1904)

Brilliant Uncirculated Morgan Silver dollars, years and mints of our choice.

Price: $ 43.95

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In this episode of Spare Change we look at collecting Franklin half Dollar coins (50 cents). We discuss the history of the Franklin half dollar along with what to collect in the series. Special thanks to: APMEX (American Precious Metals Exchange) for supporting this episode. Their Website is : www.apmex.com Be sure and use the coupon code "SPARECHANGE4" The coupon expires 6

What would you like to possess: a tangible investment which you can easily access or just a paper piece whose market value could evaporate in a moment? As a result of the recent economic downturn, many people interested in investing are interested in making investment in safe silver. It assists you in protecting your savings so that they have good value whenever you require cash by converting them.

Silver is available very easily to the interested investors in the shape of bullion, bars and different types of coins. Among all the options the dollars of silver which are dated before 1965 have emerged as most beneficial and secure.

Why should you make investments in Silver Dollars?

Dimes, quarters and dollar coins give different amounts of returns to the investors depending upon the wear and composition of the silver coins. Dimes and Quarters are exchanged quite often so there will be more wear than dollar or half dollar coins. This gets less from the quantity of pure silver they would get. For this reason people mostly opt for investment in silver coins.

Which of the dollar coins are good to invest?

Silver investors usually search for coins which were minted before 1965 as there are quite few which have high silver content. Of good worth to coin collectors and investors alike is Walking Liberty half dollar, 1964 Kennedy and Ben Franklin.

Why Would You Want Junk Silver?

When there is no value of coins for the collectors, they are referred to as "junk coins". While many of pre-1965 silver dollars are just junk coins to collectors, they are most eagerly sought by silver investors due to their large silver content.

You will get junk coins in the bags having face value at 00 and they are reliable and safe option for the investors desirous of securing their investments in case the dollar goes down.

People interested in making silver investments must first understand valuation of pre-1965 coins. When investments are made properly, silver can get you good financial gain apart from the total safety of investments.

About the Author:

Michael has been writing articles online close to a decade. Check out his most recent site about retirement investing that goes into further details concerning spousal roth ira.

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.

Peace silver dollars are interesting coins with a story behind them. The coins where designed to help symbolize the longing in the nation, which was just pulling out of World War I. The war was long and the loss was great. People just wanted peace, which is why the Peace coin was popular during its early creation.

Why The Coins Were Created

While public sentiment was a strong motivating factor for the creation of the peace silver dollars, it was not the only reason they were created. In 1918, a unique law, called the Pittman Act was established. In short, the law required that the government to melt as much as 350 million silver dollars. Then, it had to be converted to bullion and sold or used to product subsidiary silver coinage. The law was aimed at helping the silver mining industry more than anything else. The Mint did melt 270 million silver dollars. Many of these were sold in bullion form to the British government which required the funds to help them to manage a crisis happening in India.

Interestingly, there was little need for the coins to be minted at all. The coins had grown out of favor in general commerce sectors. No silver dollars had been minted since 1904 because of the lack of need for them. Still, the government had to create them since the Pittman law required it.

By 1921, the cost of silver had fallen significantly and the coins, at first just the older Morgan silver dollars, began to be produced. The numbers produced were record breaking, with more than 86 million examples minted in one year.

The Creation Of The Peace

The Morgan silver dollar had been used well over the required 25 years required by law, so there was no required legislation required to replace the coin with a new design. Congress, though, showed some interest in having a new coin created that would celebrate the war efforts. To create the design of the peace silver dollars, a group of award winning medalists were called together for a competition. The winner was Anthony de Francisci whose design of Lady Liberty on the face was designed after his wife. The opposing side affected an eagle in repose looking toward the sun. The word PEACE was superimposed on a rock. It was the only coin to have that motto.

The peace silver dollars started production in December of 1921, during which just over one million coins were produced. The following year, corrections in the relief were made, and some say that the replacement of it changed the appeal of the coin. By 1928, the coin stopped in production since the requirement was reached, and with the beginning of the Depression, these coins were not needed. In 1934, the design was produced for two additional years. The peace silver dollars are collected today, but there are none that are considered a great reality, though there are few that are considered high grade pieces.

• This page is titled, "Sacagawea Dollars" and holds 12 coins
• Each port is labeled from 2008 through 2011 for P, D and S Proof coins
• Dansco update pages are supplements to specific albums
• They add the dates of the coin which were not originally included in the album, including those to minted in the future
• Made in the U.S.A.

Product Description
Clear plastic slides within each page ensure secure storage and allow for easy viewing of both sides of the coins. You will find the full line of Dansco albums, blank pages, binders, and slipcases in our listings.

Dansco Update Page #3 for Sacagawea Dollars Album #8183