Morgan silver dollars for sale online
By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Provident Metals is proud to offer an outstanding selection of United States silver dollars, allowing our investors and collectors the flexibility of selecting from a variety of fine American silver coins. Some of our Morgan and Peace dollars are in brilliant, mint-state condition, some in near-mint condition, and still others in almost mint condition. All of these coins represent a piece of American history and pride, and all were struck with great care by the United States Mint.
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By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Silver Dollars are one of the most popular coins in America. Their large size and beautifully detailed faces make them a prized commodity among collectors and investors alike. One coin in particular, the Morgan Silver Dollar, is admired by many. In fact, the coin has been lauded as one of the most beautiful pieces of coinage that the United States Mint has ever released. What makes the Morgan Dollar so attractive to collectors?
Prior to , the United States wasn't allowed to strike its own coinage. Instead, early merchants and colonists used coins from all over Europe, but they were especially fond of the Spanish Silver Dollar from Mexico City.
Silver Dollar was named the highest denomination silver coin. In , prospectors in Virginia City, Nevada, discovered the Comstock Lode, the largest silver vein that the world had ever seen. This silver, combined with German silver that had entered circulation in the U. As a result, the value of silver began to decrease in This prompted Congress to pass the Coinage Act of , which ceased all production of silver coinage in the U.
By , silver producers working with the Comstock Lode had more silver than they knew what to do with. Around this time, many Americans were out of work. So, Congress decided to take advantage of the situation, striking a deal with silver producing companies. The Bland-Allison Act of restored silver as legal tender and required the U.
Treasury to buy large quantities of the precious metal, which would create more jobs within the mining companies themselves.
It was then that the U. The director of the U. Mint, Henry Richard Linderman crossed the pond to find the most qualified artist to design the new silver coin and to serve as assistant engraver at the Mint in Philadelphia. George T. According to the deputy, Morgan was a very talented engraver, but there were few positions open in London at the time. Morgan accepted Linderman's offer, taking up tenure at the Philadelphia Mint where he worked on a six-month trial basis under Chief Engraver William Barber.
During his stay there, Morgan designed pattern coins that were originally intended for the half dollar. He had studied at the Pennsylvania Academy of the Fine Arts to prepare for designing a Liberty head for the coin, and he researched the nature of the bald eagle.
Both were included in his pattern for the half dollar, but Linderman had other plans for Morgan's design. Linderman instructed both Morgan and Barber to design a coin depicting Lady Liberty on the obverse and an eagle on the reverse.
When designing his half dollar Liberty, Morgan had decided to depict an American woman instead of a typical Greek profile. His friend suggested Anna Willess Williams to model for the portrait. The young woman, a teacher from Philadelphia, sat for Morgan five times, after which he declared that her profile was the most perfect that he had ever seen.
He used this design on the obverse of the silver dollar, along with the depiction of an eagle with its wings outstretched on the reverse. Liberty is portrayed as a goddess, her cap adorned with two stalks of wheat and two cotton blossoms as a nod to America's agricultural heritage.
The eagle holds an olive branch — which symbolizes peace — and it perches atop a bundle of arrows, a symbol of war. The idea behind this image is that, although the U. Linderman chose this design over Barber's, and the Morgan Silver Dollar was authorized for circulation in February Because of the Bland-Allison Act, the U.
Mint struck large quantities of the Morgan Dollar from to in Carson City, San Francisco, New Orleans, and Denver many Morgan Dollars have a mint mark indicating in which city they were produced. The Act required the Treasury to buy between two and four million dollars in silver each month to be struck into one dollar coins.
It wasn't long before the supply of coins exceeded demand, and millions of coins sat in banks, unused. To add to the flooding, another briefly lived act, the Sherman Silver Purchase Act of , raised the amount of silver that the Treasury was required to buy to 4.
The Sherman Act was repealed three years later, but the damage was done. The country was in financial crisis since the oversupply of silver prompted investors to hoard large amounts of gold.
Congress slowed the production of Morgan Dollars, finally halting it altogether in when the bullion supply for silver dollar minting had been exhausted.
Nearly two decades later, the Pittman Act was passed in as a solution to the huge amounts of unused silver dollars in American banks. The Treasury had to melt down million Morgan Dollars, allowing time for demand of the coins to rise. In , the U. Mint used the silver bullion supply from the Pittman Act to create a new series of Morgan Silver Dollars.
It was the final year that these beautiful coins were minted, and it represents the majority of coins available for collection today.
Later that year, the Peace Silver Dollar took its place. The Morgan Dollar remains one of the most popular coins today for many reasons. Collectors also enjoy the added bonus of being able to use the coin as currency even now, as the Morgan Dollar's value will never drop below a dollar.
The Morgan Silver Dollar represents an important era of our nation's history. Adding this beautifully designed coin to your collection means bringing a part of that significant time right into your home.
If you're looking to expand your collection with this truly stunning, significant piece of coinage, JM Bullion can help you find exactly what you're seeking. Subscribe to the JM Bullion newsletter to receive timely market updates and information on product sales and giveaways. Edit Cart. Create an Account. Already Have An Account? Log In. Remember Me Forgot Password? New to JM Bullion?
Create An Account Track an Order? Check Order Status. Reset Your Password. Enter your email address and we will send you a link to reset your password. Send Password Reset Email. Or Return to Log in. View Grid List. In Stock. Out of Stock. In-Stock Alert. A Deal Is Struck By , silver producers working with the Comstock Lode had more silver than they knew what to do with.
The Morgan Dollar Linderman instructed both Morgan and Barber to design a coin depicting Lady Liberty on the obverse and an eagle on the reverse. Morgan Dollars of Nearly two decades later, the Pittman Act was passed in as a solution to the huge amounts of unused silver dollars in American banks. The major features of the coin remain sharp, but minor wear begins to become visible on various surfaces of the coin including the highest points of the design and lower down as well.
However, the design features of the coin are clear, but flat and may be lacking details. For example, the difference between Very Good, Fine, and Very Fine coins can be extremely minimal in nature and subject to the interpretation of the grader. Good G Further down the grading scale are Good coins. Those coins in G condition are heavily worn throughout the design and surface areas. About Good AG Coins in this condition are just a few steps above cull in their value and quality. AG coins have an outlined design, with parts of the date, legend, and design features worn smooth in some areas.
Fair F The final step above Cull, coins in this condition are difficult to decipher in great detail. Damage and wear is so significant that you can identify the coin by its type, but grading the specific details of the design, date, and legend are near-impossible due to the advanced state of degradation. Common wear features of a cull coin include extremely large scratches, exceedingly dark toning, corrosion, pitting, or more significant problems such as retooling, bends, holes, and major gouges in the coin.
Basal State These coins are on-par in some senses with Cull. While cull coins are often visible as to the design features, date, and legend, they have significant points of damage as covered above. With a Basal State coin, the most identification that can be made is that the lump of metal in your hand is a coin. Frequently Asked Questions.
All Rights Reserved. The next step down on the grading charge, VF coins have light to medium wear visible. In many cases coins do not have all of the positive or negative features of a certain grading level. Further down the grading scale are Good coins.
Coins in this condition are just a few steps above cull in their value and quality. The final step above Cull, coins in this condition are difficult to decipher in great detail. These coins are on-par in some senses with Cull.
Buy Morgan Silver Dollars () online securely with Golden Eagle Coins. Trusted dealer since Fully insured delivery through USPS. A+ rating with. Get the best deals on Morgan Dollars when you shop the largest online Morgan Silver Dollar XF / AU 90% SILVER FREE SHIPPING! d ✓Uncirculated Morgan $ BU Dollar BU SALE✓.
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Collector Coins. We strive to have the lowest prices available and are able to do so, as we do not have to pay for a brick and mortar store front which keeps our costs low.
In Stock! American currency essentially began with the silver dollar, which further enhances its appeal to investors and collectors alike.
Morgan Dollars
By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. Silver Dollars are one of the most popular coins in America. Their large size and beautifully detailed faces make them a prized commodity among collectors and investors alike. One coin in particular, the Morgan Silver Dollar, is admired by many. In fact, the coin has been lauded as one of the most beautiful pieces of coinage that the United States Mint has ever released. What makes the Morgan Dollar so attractive to collectors?
Morgan Silver Dollars for Sale
JavaScript seems to be disabled in your browser. For the best experience on our site, be sure to turn on Javascript in your browser. Silver dollars are the most popular silver coins produced by the US Mint for general circulation, and offer collectors a world of rare variety to hunt down. There are many types of silver coins from the U. Mint , but the two most popular are the Morgan Dollar and Peace Dollar. The Morgan Dollar was created in by George Morgan, an English-born assistant engraver, who eventually became the 7th Chief Engraver. The Lady Liberty design was considered unusual because the face of Lady Liberty took on a more modern look, rather than the classical Greek design that most coins had. The reverse side shows an eagle in flight, carrying an olive branch and a bundle of arrows, to symbolize strength in both peacetime and war. The Peace Dollar was introduced in , and was designed via contest by sculptor Anthony de Francisci.
Due to an increased volume in orders, shipping is estimated to be delayed for up to 6 weeks. In an effort to streamline silver bullion production, we are offering 1oz Buffalo Replica Silver Rounds on a week delay and 10oz Buffalo Replica Silver Bars on a week delay at this time.
Digging a ditch to collect water, they found rich black soil that yielded a layer of glittering ore. As experienced miners, the two instantly recognized gold — and they eagerly began to wash away the heavy black soil! This find soon came to be known as the Comstock vein — and it captured the attention of J. Stone, a veteran of California's gold rush.
Morgan Silver Dollars (1878-1921)
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90% Silver Dollars
The Morgan Silver Dollar, issued from and once again in , has long been considered the King of Coins. Its hefty size, classic beauty and colorful history has made it a highly coveted prize for coin collectors around the world. After the last Seated Liberty Dollar was legislated out of existence in , silver mining interests lobbied Congress for the creation of another silver dollar coin. The government's response was the Morgan Dollar in The first coin made under the Bland-Allison Act which required the Treasury to buy at least 2 million troy ounces of silver every month , Morgan Silver Dollars were named after their designer, George T. Morgan, a talented British immigrant who was an assistant to U. Mint Chief Engraver William Barber in the late 's. Morgan Silver Dollars feature the designer's monogram near Lady Liberty's neck on the obverse and on the ribbon's left loop on the reverse.
