Morgan Silver Dollars
Morgan Silver Dollars Quick Facts
The Morgan Silver Dollar is named after its designer, George T. Morgan, who was an assistant engraver at the U.S. Mint. It was the first standard silver dollar minted after the Coinage Act of 1873, which demonetized silver for a period.
The coin features a profile of Lady Liberty on the obverse and an eagle with outstretched wings on the reverse.
Morgan Silver Dollars are highly sought after by collectors due to their historic significance, design, and the fact that they were minted during a pivotal period of American expansion and industrialization.
Collectors are drawn to their artistic beauty, featuring Lady Liberty and the American eagle, and their ties to the Old West and the gold rush era. Additionally, certain dates, mint marks, and conditions make some Morgan Dollars rare, adding to their allure as collectibles.
Circulated Morgan Silver Dollar
Investors often buy circulated Morgan Dollars because they tend to be more affordable than uncirculated or certified coins.
While circulated coins may have signs of wear, they still retain most of their silver value and are an accessible entry point for silver investors who also appreciate the coin's historical significance.
Circulated Morgan Dollars can be an excellent store of value. The silver content in each coin gives it a baseline value that is closely tied to silver market prices.
Many Morgan Dollars, especially those with rare dates or mint marks, carry a premium over their bullion value, adding potential upside beyond just the silver price.
Certified Morgan Dollars
Certified Morgan Dollars are coins that have been professionally graded by third-party grading services.
These services, such as PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation), evaluate the coin’s condition and certify its authenticity with a grade.
Coins in higher grades (especially Mint State) can command significantly higher prices than circulated or uncertified versions.
Investors and collectors trust certified coins because they have been evaluated for condition and authenticity by respected professionals. Certified coins are easier to sell and trade.
Certified Morgan Dollars are encapsulated in protective holders, which preserves their condition and prevents further wear or accidental damage.
Where to find the cheapest Morgan Silver Dollars
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We help find the cheapest Morgan Silver Dollars when you're ready to buy.
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