Checkout top 10 most valuable morgan silver dollars or get the full morgan silver dollar price list, for an even large list of morgan vlaues. Only about 100,000 1893s morgan silver dollars were originally minted, with an unknown number in existence post meltdowns. The morgan silver dollar was a united states dollar coin minted from 1878 to 1904, and then again in 1921. Morgan dollar books comprehensive catalog and encyclopedia of morgan and peace dollars comprehensive catalogue and encyclopedia of u. Jun 12, 2015 during my previous two posts viewers have asked about grading either because they have had difficulty with it or because they want to know how to select pcgs or ngcgradeworthy coins. Now im going to go into detail of how to obtain exact grades for your circulated silver dollars. How to grade morgan dollars guide with photo examples. Morgan silver dollar values are conditional these old dollars are. David bowers, a guide book of morgan silver dollars, 6th edition. Gibbs coin world staff for decades the morgan dollar has ranked at the top u. Published on nov 10, 2015 this is a must watch video for collectors of morgan dollars.
Youll find the photographs in the book the official american numismatic association grading standards for united states coins quite clear and easy to apply to. Q david bowers provides a detailed history and pricing information on silver dollar coins minted in the united states, featuring fullcolor images of the coins, and provides tips and advice for collectors on. A brief history of the guide book of morgan silver dollars. Consider the grade of the morgan dollar as very fine vf20 if some of lady libertys hair lines are worn and the feathers on the eagles breast are well worn. The morgan dollar was coined solely as a subsidy for the domestic silver mining industry, and silver certificate notes took their place in daily commerce. Notice as of december 2006 it is illegal to melt down us minted pennies and nickels, and there is a. Some dealers charge close to the amount others jack up their cost to nearly double. Nov 10, 2015 this is a must watch video for collectors of morgan dollars. The morgan dollar ranks among the easiest to grade because of its generous fields.
I bought the ana grading standards and it arrived today. Shown above are the five firstyear varieties of morgan silver dollars. Youll learn what to look for when you buy, how to grade. Morgan silver dollar went on to become one of the most popular silver collector coins of all time. How to video demonstrates the process of grading condition and comparing your coin to the standards for the grade. When taking a coin to a dealer or collector, do not clean it with solvents or scrub it. Remember that coin grading is the expression of an opinion that describes the condition of an individual coin that most dealers and collectors would agree with. No other coin conjures up so much of the romance and history of the united states. George mallis 2 noted numismatists who wrote a book in 1971 titled the comprehensive catalog and encyclopedia of morgan and peace dollars. How much does it cost to grade a morgan silver dollar. This thread should cover basic concepts of grading the morgan dollar, from grade poor 1 to ms69. After youve done that, you can go to the pcgs price guide to get a ballpark idea of how much the coin is worth. A guide book of morgan silver dollars official red book official.
David bowerss guide book of morgan silver dollars, billed as a. Coin collecting strategies morgan silver dollars part i. Beautiful better grade book toned 1889 morgan silver dollar. Grade morgan dollars pictures before you buy morgan dollars or learn how to grade morgan silver dollars in your silver dollar collection. Apmex offers morgan dollars 1878 1904 pcgs certified at competitive precious metals prices. A guide book of morgan silver dollars whitman publishing, llc bowers series david bowers on. The 147 page book offer hundreds of photographs, descriptions, rarity estimates and values for a variety of new clashed morgan dollar discoveries, some of which have been hiding in plain view of our top 100 varieties. Morgan silver dollars 1878 1921 most people have a morgan silver dollar or two, some people have quite a few. Grading peace silver dollars is a skill that has taken even the top coin collectors many years to perfect.
Americans love to collect the big morgan silver dollar. Pcgs photograde online estimating coin grades has never. The various published grading guides are very useful for learning the basics, but there is no. The morgan dollar was minted from 18781904 and then again in 1921. Minted 18781904, 1921 this data was updated as of 2020. While it is always best to view a coin firsthand, hopefully the following images will provide a useful guide to grading the popular morgan series.
Our advice is to only get coins graded if you think the cost of grading is less than how much extra value grading will add to the coin. Anna willess williams, a philadelphia schoolteacher and fellow art student, was morgans model. Although these are wholesale morgan silver dollar values, realize your coins are very popular and in strong demand. These coins, through their lifetime, have had ample opportunities to become damaged, and. Morgan dollars design, its minting process, the five. Hundreds of thousands of these coins were melted down, but a surprisingly large number of morgans still exist and can be found in uncirculated condition.
This grade is the benchmark average grade for morgan dollars. A guide book of morgan silver dollars, 5th edition q david bowers on. Morgan dollars are called the king of americas coins for a good reason, because they helped the united states grow the western frontier and fuel the engines of american industrialization. If this is the best, then i know the area of this hobby that needs improvement. Morgan dollars 18781921 price guide and values ngc. Ngcs coin price guide for morgan dollars 1878 1921. The 1895 morgan dollar, the king of the morgan dollar, exists only as a proof. Get the best deals on morgan silver dollar book when you shop the. With pcgs photograde, you can obtain the approximate grade of your coin by comparing it to the photo that most closely matches its appearance. The coin had a rough start, which would give the firstyearofissue morgan dollars an extra measure of interest and historical significance. A guide book of morgan silver dollars, 5th edition. Collectors guide to morgan silver dollars jasper52.
When researching morgan silver dollars youll quickly realize two things. In this third edition of his bestselling book, noted numismatic historian q. Thats a bit too complex to get into here, as any morgan. A dmpl morgan dollar is an uncirculated morgan silver dollar with mirrored surfaces which look much like those of a proof coin. Morgan silver dollar book in morgan dollars 18781921. Shop our large selection of precious metals products today. Bowers offers an engaging portrait of this classic coin, and shows you how to become a. Complete source for history, grading, and prices, paperback by bowers, q. Consider an example of the 1889cc morgan dollar grading. This book could be redone without them, cutting the book to half its size, and then the price. The coins are in order of year from the oldest to the.
As far as grading the morgan silver dollar is concerned, you need to take into consideration the type of coin you possess and the condition it is in. A guide book of morgan silver dollars whitman publishing. The big morgan silver dollar price list was created by and details all the morgan silver dollars minted. As you can see, for each grade, the value increases dramatically, and this has caused raw coin sellers to see only dollar signs and one reason to never buy raw coins without a lot of research and experience. For one, the condition of the coin means everything to collectors so if the coin is in great shape it will naturally sell for a higher price. I will be using the knowledge i have, photos from heritage, and the grading standards of the ana to point out what the coins. Because these coins were not required for general circulation, millions of uncirculated. There are no captions which totally render the photos useless. A guide book of morgan silver dollars, 6th edition by q. Morgan and peace silver dollars the vam book a guide book of morgan silver dollars official red book the top 100 morgan dollar varieties. Coin in this condition are worth about 50 to 75 percent of the value of examples in ef40 shape.
It was the first standard silver dollar minted since production of the previous design, the seated liberty dollar, ceased due to the passage of the coinage act of 1873, which also ended the free coining of silver. Youll learn what to look for when you buy, how to grade your coins, how to cherrypick varieties, and ways to become a smarter collector. If you know morgan dollars then you know that they can often be found with weak strikes on the high points, furthermore they were stored in stacks, one on top of the other. Morgan dollar grading set american numismatic association. Collectors benefit from advice on ways to collect morgan dollars. Grading the condition of morgan silver dollars finds accurate value. The datemint mark combination matter quite a bit and the so does the. However, because five mints manufactured morgans philadelphia, new orleans, carson city, san francisco, and denver 1921, strikes vary from strong to weak, depending on the year and mint. This is an update from earlier edition before you purchase a morgan dollar you need this book. The best way to start learning how to grade peace dollars is by looking at these pictures and pictures and studying the explanations. The datemint mark combination matter quite a bit and the so does the grade of the coin. Grading morgan silver dollars a guide for beginners. It provides an idea of what you should pay retail for each year, mint, and grade condition. The grading system used by pcgs and ngc is based on a 70 point scale, 70 representing a flawless coin.
The morgan silver dollar was first minted in 1878, after a lapse of five years in the production of circulating silver dollars. Hundreds of thousands of these coins were melted down, but a surprisingly large number of morgans still exist and can be found in. Q david bowers no other coin conjures up so much of the romance and adventure of the united states as the morgan silver dollar. Minted from 1878 to 1904, and then once again in 1921, before retiring as americas most popular coin. See how dmpl morgan dollars are different from prooflike and semiprooflike morgan silver dollars. Professional coin grading services is a division of collectors universe, inc. A vam is an acronym of two mens names that studied and basically wrote the book on morgan dollar varieties. The ana offers classes periodically in all phases of grading and counterfeit. No morgan dollar has ever graded at the 70 level due to inconstancies in the minting process throughout the years, making the ms69 prooflike grade of this 1880s morgan truly. Everything you need to know about grading with pcgs or ngc. Get the best deals on morgan silver dollar book in morgan dollars 18781921. This image of her comes from an 1892 copy of ladies home journal.
Jun 27, 2018 if you have a raw morgan dollar meaning a morgan dollar that has not been encapsulated by a grading service, and you suspect that its mirrorlike fields qualify it for prooflike status or. The following definitions and images are representative of the american numismatic association ana grading standards. May 09, 2019 as we work on each years edition of the guide book of united states coins the red book, we hear plenty of morgan dollar observations and market analysis from professional coin dealers around the country. Grading the 1887 morgan silver dollar if you are talking about a coin that is more than 100 years old, you must first assess the condition of the coin. David bowers offers an engaging portrait of the countrys most popular classic coin. Grading morgan dollars 18781904 and 1921 is a skill that takes even the most experienced coin collector years to perfect. Few morgan dollar coins are found in worse condition than vf20 and only have nominal value. In the fifth edition of a guide book of morgan silver dollars, q. A guide book of morgan silver dollars whitman publishing, llc bowers series.
Apr 06, 2020 although these are wholesale morgan silver dollar values, realize your coins are very popular and in strong demand. Find the current morgan dollar values by year, coin varieties, and specific grade. Morgan silver dollar values are conditional these old dollars are inspected closely and evaluated for wear and overall condition. An au58 coin is graded such because only the very highest points of the design have the slightest amount of wear. Apr 17, 2018 grading the condition of morgan silver dollars finds accurate value. There are 3 types of silver dollar coins that i will cover here which are. Mint state 63 a mint state coin with attractive mint luster, but noticeable detracting contact marks or minor blemishes.
Coupled with the above average obverse, this coin would likely come back from a grading service as an ef40. Beginning of a dialog window, including tabbed navigation to register an account or sign in to an existing account. Its easy to establish what date your coin is and with a coin grading loop or a pair of reading glasses if youre my age you can read the mint mark. The short answer is that is just depends on what your coin is currently worth and what it would be worth once graded. This online morgan dollar grading set contains definitions and highresolution images representative of the american numismatic association ana grading. Because these coins were not required for general circulation, millions of uncirculated pieces sat idle in treasury department vaults or in federal reserve banks. A brief history of the guide book of morgan silver dollars coinweek. I will be using the knowledge i have, photos from heritage, and the grading standards of the ana to point out what the coins graded and why they graded the way they did.
Morgan dollar popular coin with collectors by william t. Although the coin is slightly dirty around the top edge, all of these details are sharp and clear. A guide book of morgan silver dollars, 6th edition in the sixth edition of a guide book of morgan silver dollars, q. For one, the condition of the coin means everything to.
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