If you cant afford the higher grades, the business strikes could be had at around $2500 in MS-60. Most years Philadelphia struck multi-million silver dollars, many years, tens of millions of coins. Silver Dollars. Price movements from 1950 to the present for individual dates in this popular collector series are reported. Looking to see how much your Morgan silver dollar is worth? These do not reference error coins, just the standard issued Morgan Silver Dollars. The government also had silver reserves that were only to be used to melt and mint silver dollars. Of the 880 Proof coins, around 700 exist today. After the Sherman Silver Purchase act of 1890, the Morgan Silver Dollar production was reduced dramatically in 1893. In 1878, 10,500,000 Morgan silver dollars were minted at Philadelphia, 9,774,000 at San Francisco, and 2,212,000 at Carson City. That is the reason, this coin is sold to the order of $250,000 or above. This collection includes one “O” mint Morgan Silver Dollar from each year of the 1880s in circulated condition with most major design elements visible. 10 Most Valuable Morgan Silver Dollars. CC Morgan Silver Dollars are sought after far and wide by both the most experienced of coin collectors as well as numismatic novices. Philadelphia struck just over 305 million Morgan silver dollars of the total 657 million struck from all mints combined. Still, many dates of the Morgan dollar series remain tough to find. Commercial banks often put silver dollars into paper rolls of 20 coins. Just place a bid on the silver dollar of your choice and wait. But when selling these common Morgan Silver Dollars back to a dealer, you're likely to receive no more than a few percent above the melt value, making the all important buy-sell spread 30% or more. button button … google_ad_slot = "1160034269"; It is by far the most widely collected and traded numismatic coin in the world. Free … Coins minted in Philadelphia have no mint mark. In addition, the earlier Morgan Silver Dollars also tend to carry a higher price tag. For the best experience on our site, be sure to turn on Javascript in your browser. Very few coins were released during the GSA sale of the coins. Finally, on-line auctions such as eBay are great places to find Morgan Silver Dollars. The Morgan Dollar was introduced in 1878 and was minted until 1904. It is by far the most widely collected and traded numismatic coin in the world. Today, just a fraction of the “O” mint Morgan Silver Dollars remain, and the coins from the pivotal 1880s are among the hardest to find. It's sad that such a beautiful piece of history has been converted into a tool by unscrupulous \"rare\" coin dealers to rip off America's precious metals buyers. Often times coins exhibiting above-average characteristics for the grade will be more expensive than prices listed. This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.A mere 100,000 silver dollars were struck at the San Francisco Mint in 1893, making this Morgan the lowest mintage issued for circulation in the entire series! Like most things, even coins are usually cheaper when they’re bought in bulk — versus in smaller quantities, or individually.. I see the pricing varies. It stopped when the flow of silver dollars ended in 1964. Even though these coins are highly coveted, some collectors ignore them and confine themselves to the business strikes of other dates/mints. By the end of January, the entire mintage had been struck. The production was stopped for three years and commenced production again in the second half of 1889. 1892-O & P MORGAN SILVER DOLLARs Description: This listing is for a pair of beautiful original 1892 MORGAN SILVER dollars. The 1886-O coins were weakly struck as the coiners believed they were going into storage anyway! 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