These locations and their mint signifies are D for Denver colorado, P for Philadelphia, S for San francisco, CC for Carson Town and O for Brand-new Orleans. The rarest these is Carson City because that is where the fewest were produced.
On all coins, the front is called the obverse and the trunk is called the change. The mint marks with Morgan silver dollars are found on the obverse right between the D and O within the word dollar. Usually the Morgans which were made at the Philadelphia mint were unmarked so Philadelphia should be assumed when no mint mark is found.
The collecting off coins can be exciting as well as profitable. No one quite knows why the Morgan silver dollar became a really star other than this is the beautiful coin with an outstanding design. It also enjoys many twists and turns in regards to determining value, presenting just enough of a challenge to hold on to the interest of most collectors.
In 1879 Morgan Sterling silver Dollars were minted at 4 US mints, many people would like to know the values of their 1879 Morgan Silver Dollar. In order to know the value of your Morgan Silver Dollars you have to know a few things first.
The most popular Morgan Dollar for this year is from the Philadelphia mint without any mint mark. Now should it be in exceptional condition, mint state 65 or above it can also be worth quite a little bit. Look at the high points of the coin like the eagle feathers you ought to see a high luster with zero signs of wear.
Some a look at the 1879 Morgan Sterling silver Dollar mintage
<br> <em> Move strikes: </em> 14, 806, 000
<br> <em> Proofs: </em> 1, 100
<br> <em> Mint amount: </em> none
Next we featuring <em> 1879-S: </em> Unless you have this coin within a brilliant uncirculated condition the worth may be at $40 or even less. If you think you might have this coin really high condition mint state 65 get it graded A rare 1879-S has a flat-breasted reverse like early 1878 varieties. This Reverse of 1878 variety is rare in Uncirculated condition, very rare in Confirmation like.
Some a look at the 1879-S
<br> <em> Circulation strikes: </em> 9, 110, 000
<br> <em> Mint mark: </em> "S" for S . fransisco
Next we look at the <em> 1879-o </em> New Orleans Mostly much like above most of New Orleans had a weakly strike so if have a coin with rich detail which will go for more. If you plan with selling this coin within a high grade then it is best to get it grade just by either NGC or PCGS.
Details on the 1879-O
<br> <em> Move strikes: </em> 2, 887, 000
<br> <em> Proofs: </em> 12
<br> <em> Mint amount: </em> "O" New Orleans.
Saved The best for last if your a collector seen you know what's coming.
<em> 1879 Carson City "CC" </em> Carson Town Morgan Silver Dollars are always desired with good reason less than %2 of all Morgan Dollars originated in the famed "CC" mint If you're lucky enough to have this coin obtain it graded in any condition. One point in mint state can go from hundreds to thousands inside higher mint states.
So now you know what some of your morgan silver dollar prices coins will probably be worth, on any coin you would like look for signs of wear.
So if you think about removing your silver dollars quite a few to do would be to find the right time to distribute them, choose a time where the values are regarded as rising. If you are looking to build a collection that increase in value over time then you have got to research silver dollar values of the coins available using the web to buy the ones that give you a good investment opportunity.
Why waste everyone's time period? Let's skip the appetizers and obtain to the meaty stuff today: The Morgan silver dollars poised to extend the most in value in the years ahead are your 1895, 1892-CC, 1894, 1878-CC, and also the 1883-CC. Pretty bold prediction, eh? At this issue, the reader now has three options: (1) Stop reading and act upon this information, (2) Stop reading and get on with life, or (3) Continue on, evaluate the analytical approach to identify the "Top Five" Morgan bucks, and then implement a variation of (1) or (2) above. If you've gotten the following far, we encourage want you to continue on with selection (3).
First, a little background information on the Morgan silver dollar...
The Morgan silver dollar is today one of the most popular of all collector coins. First minted in 1878 pursuing the passage of the Bland-Alison Take action, the new dollar had been named after its custom, George T. Morgan. Politics pressure by powerful sterling silver mining companies, in a gambit to stabilize the asking price of their commodity at synthetically high levels, created that impetus driving the intention action. Bland-Alison led to your overproduction of silver bucks, resulting in millions these unused "cartwheels" languishing within bank and Treasury vaults. Really, few coins have ever been released under more on your guard circumstances than Morgan silver dollars. Minting continued until 1904, and then again for just one more year in 1921, in the event the series finally came to a close.
For many years thereafter, Morgan dollars have been largely snubbed by hobbyists. Many dates, including those in mint state situation, could be obtained for as few as $1. 00. This circumstances shifted dramatically in 1962, when the us government began selling original 1000-piece sterling silver dollar Treasury bags to your public at face benefits. Stories of rare money finds circulated widely, coming in contact with off a veritable Morgan mania. Just a matter of months, all but a part of the federally owned funds were transferred from government vaults to private arms, consequently expanding the Morgan money collector base far further than anything seen previously.
Since then, Morgan silver dollars have proudly perched themselves on the catbird seat with the numismatic world. Their real bodily size, availability, beauty, and historical significance have consistently attracted herds of innovative buyers. Numerous boom-turned-bust cycles attended and gone, sometimes driven by pure speculative motives, but from a long-term perspective, most Morgan dollar prices have trended somewhat good.
Unlike some controversial promoters in earlier times, I do not propose purchasing Morgan silver dollars simply as investment autos.
A coin morgan silver dollar prices that's circulated has been wasted, rolled around in pockets and purses against many other coins, and it can have a fair amount of noticeable wear into it.