Are Morgan dollars worth collecting?

One thing that less-than-honest dealers might attempt to do is try to lead you to believe that just because the Morgan Dollar is 60 to 80 years old, the fact that it's in Mint State makes it very valuable. The truth is that MS-63 specimens for about half the mint/date combinations sell for $35 to $70 each.

Are Morgan Dollars a good investment?

Invest in Only the Highest Grade Morgan Dollars

They are pricey compared to MS-60 to MS-63, but their incredible rarity in the age of encapsulated coins make them a good investment.

What Morgan Dollars are worth money?

Morgan's silver dollar values start from as low as $10 to as high as $100. But, the most expensive Morgan Silvers are the MS65-graded coins, with the 1889 CC auctioning for a whopping $300,000!

What are the best Morgan silver dollars to collect?

1893‑S. The rare key-date 1893‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.

How much should I pay for a Morgan Silver Dollar?

Depending on the condition and scarcity of the coin in question, you can pay anywhere from as little as $10 to as much as $100 and more for a Morgan Silver Dollar. As expected, those coins that have been well-preserved over the years are the ones that will sell for the highest prices.

Morgan Silver Dollar Basics - Coin Collecting and Silver Stacking

Is now a good time to sell Morgan silver dollars?

These prices have not increased from where they have been for the past several months. However, we expect that prices will be rising once the 2021-dated Morgan and Peace silver dollars are released (the U.S. Mint has not yet listed an expected issue date on its website).

How do I sell my Morgan Silver Dollar?

reDollar.com is the perfect place to sell Morgan silver dollars. We pay the highest possible price for damaged Morgan dollars as well as rare Morgan silver dollars. Our company is recognized for making the best silver deals and offering unbeatable prices for your precious coins.

What year is the rarest Morgan Dollar?

The 1895 Morgan silver dollar is known as the "King of the Morgan Dollars" because it is the rarest and one of the most valuable coins in the entire Morgan Dollar series.

How many Morgan Dollars exist?

Total mintage was near 657 million. About half of all the Morgan Dollars have been melted down as silver bullion since 1918. Even with that taken into account, there are still approximately 275 million such coins in existence, so in terms of supply, there definitely isn't a shortage.

What are the key dates for Morgan Dollars?

Key dates in this series include 1889-CC, 1893-S, and 1895 (Proof only). Other dates (such as 1895-O) are considered condition-rarities (common in low grade but extremely rare in high grade).

Will there be a 2022 Morgan Silver Dollar?

The United States Mint has canceled its plans to strike and release 2022 Morgan and Peace dollars. Production plans for 2022 Morgan and Peace dollars were scrapped because the Mint is unable to secure sufficient quantities of . 999 fine silver planchets for minting them.

Can you still get silver dollars at the bank?

“These unique 'silvers' were originally intended to be kept in circulation. But the Feds ceased production in 1971 because people were hoarding them and not circulating them like the government planned. “But what 99% of the public doesn't realize is that many banks today still hold large quantities of these coins.”

How much is a 100 year old silver dollar worth?

The relatively high-mintage 1879 Philadelphia Mint Morgan dollar is worth perhaps $15 to $30 in well-circulated grades, while the low-mintage 1928 Philly-minted Peace dollar can take $200 or more in the same condition.

How many coins are in a full set of Morgan silver dollars?

Containing all dates and mint-marks, with the exception of the 1895 with no business strikes issued, the Morgan Silver Dollar set is comprised of 95 coins. These coins' conditions vary from Good to Very Fine and are packaged into two deluxe Dansco Albums.

Are there any 1964 Morgan silver dollars?

Eventually the Peace design was chosen and 316,076 1964-D Peace silver dollars were struck at the Denver Mint in May of 1965. Those coins were subsequently destroyed. No 1964 Morgan dollars were minted.

How many 2021 Morgan silver dollars are there?

The U.S. Mint initially offered, on three different dates, five 2021 Morgan silver dollars struck at three different current production facilities, with a mintage limit of 175,000 coins each, and priced at $85 each. The Philadelphia Mint was also authorized to strike and release up to 200,000 Peace silver dollars.

How can you tell if a Morgan Silver Dollar is real?

The location of the mintmark on the reverse side of the Morgan silver dollar will help you to identify if your coin is authentic. The mintmark, if present, should be located above the letters “D” and “O” in the word “dollar” and below the wreath.

What is the lowest mintage Morgan Dollar?

The key date for the series is the 1893-S Morgan Dollar, which had a mintage of 100,000 coins. This represents the lowest mintage for a circulation strike coin and no significant hoards ever surfaced for this issue.

What does CC mean on Morgan silver dollar?

The Denver Mint, established in 1906, struck the coins for only one year, in 1921. The mint marks appearing on the coins are none, representing Philadelphia, "CC" for Carson City, "S" for San Francisco, "O" for New Orleans and "D" for Denver.

Why is the 1895 Morgan silver dollar so valuable?

Value of 1895 Morgan Silver Dollar. No silver dollar coinage for circulation was struck this year at the Philadelphia Mint. Striking was limited to 880 Proofs. With such a low production amount, the 1895 Morgan Silver Dollar is by far the rarest date in the Morgan dollar series and will be worth the most.

Are Kennedy half dollars worth anything?

Kennedy half-dollar coins are not that rare. Most of them are worth only their face value, 50 cents. However, some Kennedy half-dollars are quite valuable, depending on their condition and the year they were minted. A Kennedy half-dollar coin minted in 1970 that is in uncirculated condition is worth about $8.

When should you sell silver?

Silver prices typically fall, on the other hand, when investors seek growth, or when consumers are purchasing fewer items made out of silver. To get the most money for your silver, you should sell it when demand, and prices, are at their highest.

Will 2021 Morgan dollars go up in value?

It is likely secondary market prices will rise with the offering of certified examples. Completed eBay sales Oct. 26 include $249.95 for a single 2021-CC Morgan dollar; $199 for a single 2021-O Morgan dollar; and $825 for a six-coin lot of three 2021-D Morgan dollars and three 2021-S Morgan dollars.