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Morgan Dollars

Introducing Morgan Dollars: A Timeless Investment and Prized Collectibles

Morgan Dollars, minted in the United States from 1878 to 1904 and once again in 1921, are a numismatic treasure celebrated for their historical significance and enduring popularity among collectors and investors. These iconic silver coins, designed by George T. Morgan, have left an indelible mark in the realm of American coinage. This makes them highly sought-after pieces for any collection.

 Historical Background on These Popular US Coins

The history of this coin begins in 1873 when the United States Mint Act was enacted, calling for the minting of new silver coins. Designed by George T. Morgan, an English-born engraver. The coin features Lady Liberty on the obverse, with her hair crowned by a Phrygian cap and encircled by stars. The reverse showcases an impressive bald eagle with outstretched wings and arrows and an olive branch. This symbolizes the nation’s strength and desire for peace.

Why Morgan Dollars Are Great Investments:

They are considered a great investment for several reasons:

  1. Silver Content: These coins contain 90% silver and 10% copper. it gives them intrinsic value as precious metal assets. Investors can find a safe haven in silver during uncertain economic times.
  2. Historical and Collector’s Appeal: As a product of the Old West and the Industrial Revolution era, Morgan Dollars hold historical significance. This greatly contributes to their popularity among collectors.
  3. Limited Supply: They were only minted for a relatively short period, leading to a finite supply. As time passes, the number of available coins decreases. This increased their value.
  4. Numismatic Interest: The intricate design, various mintmarks, and the fascinating history behind these coins continue to attract numismatists worldwide, ensuring sustained interest and demand.

Why They Are Highly Collectible:

Morgan Dollars are highly collectible due to the following factors:

  1. Variety in Mintmarks: The coins were struck at various U.S. Mint facilities, including Philadelphia (no mintmark), New Orleans (O), San Francisco (S), and Carson City (CC), each carrying distinct mintmarks that add allure to the collection.
  2. Artistic Beauty: George T. Morgan’s artistry and attention to detail in the coin’s design make it a masterpiece of numismatic aesthetics. They are cherished by collectors for their artistic appeal.
  3. Key Dates and Rarities: Some Morgan Dollars have lower mintages or unique varieties that make them especially valuable to collectors. Key dates like the 1889-CC, 1893-S, and the 1895 are among the most sought-after rarities.
  4. Sentimental Value: Many collectors are drawn to these coins due to their sentimental connection to America’s past. It evokes feelings of nostalgia and pride in owning a piece of history.

The 1889-CC Morgan Dollar is a Key Date Coin

What makes the 1889-CC Morgan Dollar specifically more valuable or sought after compared to other Morgan Dollars with even lower mintages?

The 1889-CC Morgan Dollar is particularly valuable due to its combination of extremely low mintage, historical significance related to the operational challenges at the Carson City Mint, and the large number of these specific coins that were melted, which further limited their availability.

Why are there so few 1889-CC Morgan Dollars available today?

The scarcity of the 1889-CC Morgan Dollars today can be attributed to many of these coins being melted down, which significantly reduced the number of available coins from an already small original mintage.

What historical events affected the minting of the 1889-CC Morgan Dollar?

The minting of the 1889-CC Morgan Dollar was affected by the Carson City Mint’s closure from 1885 due to political issues, and it only resumed operations in late 1889, limiting the number of coins produced that year.

Why is the 1889-CC Morgan Dollar considered a key date?

The 1889-CC Morgan Dollar is considered a key date due to its very low production numbers, which were significantly constrained by operational issues at the mint during that period.

Buy Morgan Dollars Online

In conclusion, Morgan Dollars stand as timeless symbols of American heritage, cherished for their historical significance and admired for their artistic beauty. Their appeal as both an investment and a collectible stems from their silver content, limited supply, diverse mintmarks, and rich history. Whether you are a seasoned collector or a budding investor, adding them to your portfolio or collection is a decision that aligns beauty, history, and enduring value in a single iconic coin.

Shop our collection of Morgan Dollars in Tampa, Largo, Clearwater, St. Petersburg, and online today!