THE Morgan silver dollar is one of the most sought-after coins in the United States, and one just sold online $697.
These silver coins were minted from 1878 to 1904, with a reissue in 1921.
Morgan silver dollar coins were minted in five US mints: Carson City, Philadelphia, San Francisco, New Orleans and Denver.
However, in 1892 they were minted only in Carson City, Philadelphia, San Francisco and New Orleans.
This particular Morgan dollar was minted in Carson City, and its location at the Carson City Mint is one of the reasons coin collectors are willing to offer a significant amount of money for it.
Carson City Morgan dollars are one of the most sought after Morgan dollars as they are a historical representation of the American Wild West.
From the 49er Gold Rush to the Comstock Lode, the play embodies the mystical and thrilling adventures of the era.
Learn more about the Morgan dollar
The silver dollar is named after George T. Morgan, who was chosen to design the coin.
On the observing side (front) of the Morgan dollar coin, you will see her portrait of Lady Liberty surrounded by a ring of stars, and it conveys our nation’s value of freedom.
In the upper part of the ring of stars there is an engraved Latin motto “E PLURIBUS UNUM”, which means “out of many, one”.
On the back (verso), the design features an eagle with outstretched wings holding an olive branch and a bundle of arrows surrounded by a crown.
How is the value of a coin determined?
Experts determine the value of a coin based on various factors.
This includes mintage, errors, demand, age, design and condition.
Coins can also be particularly valuable due to their rich history.
Parts are also graded.
There are five main components when it comes to a grading scale, including strike, surface preservation, luster, coloring, and visual appeal.
Coins are assigned an integer number between one and 70, with 70 being a flawless coin.
How to find rare coins
If you’re new to numismatics, it can be hard to know where to start looking for those Morgan dollars.
But you can actually find rare pieces in everyday places, such as sofas, clothing pockets, and drawers.
You can also buy rare coins at auction houses, antique shops, pawnshops, numismatic clubs, and online through USA Coin Book or eBay.
Hunting can be thrilling and thrilling and involving friends and family can take the fun to the next level.
Along with this piece, The Sun explains how a 2021 Lincoln penny sold for $272.
Additionally, we reveal what makes the Double Eagle coin worth up to $18.9 million.
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