What is the difference between a Morgan and a Peace silver dollar?

The Morgan Dollar

Morgan Dollar

The 2021 Morgan Dollar is part of the Morgan and Peace Dollar Anniversary Coin Program. Minted from 1878 to 1904, and again in 1921, the Morgan Dollar was designed by Mint Chief Engraver George T. Morgan (1845-1925). It represented the country's westward expansion and industrial development in the late 19th century.

https://www.usmint.gov › coins › 2021-morgan-dollar

2021 Morgan Dollar | U.S. Mint

represented the country's westward expansion and industrial development at the end of the 19th century. The Peace Dollar was minted from 1921 to 1935. It symbolized the country's coming of age as an international power, as well as marking the peace between the U.S. and Germany after World War I.

Are Morgan Dollars worth more than Peace Dollars?

For comparison, the next closest series, the Morgan silver dollar (1878-1921) is selling at $2 – $3 higher than Peace silver dollars, on average, in the same condition.

Why are Morgan silver dollars worth more than Peace Dollars?

Only the Morgan Dollar was minted in larger quantities, about 650 million circulated for more than 27 years. In comparison, 190 million Peace Dollars were circulated over nine years. For that reason, the Morgan Dollar is the more “collected” of the two types.

Are Morgan and Peace Dollars a Good Investment?

Morgan Dollars have become very popular as an investment vehicle for coin collectors because they cost a reasonable amount of money to buy, have performed very well in the past as an investment, and are beautiful to behold.

Will the 2021 Morgan dollar be worth anything?

2021-D Morgan dollars

3 sale that realized $108.50 for one in original Mint packaging; a Nov. 3 sale closing at $500 for a PCGS MS-70 example with First Day Issue Flag label; a Nov. 3 sale at $202.59 for an NGC MS-69 First Release example; and a Nov. 2 sale at $379.95 for a PCGS MS-70 coin.

Which Is Better Morgan or Peace Silver Dollars?

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.

What happens if my Morgan silver dollar doesn't have a mint mark?

The short is yes; the presence or absence of a mint mark can and usually do affect the coin's value. However, there is no defined rule of thumb to this because each coin is different. In some cases, the mint mark may increase the value, but in others, a no-mint-mark error may increase the worth.

What does MS mean on a silver dollar?

All mint state coins are just what they are stated “mint state.” They must all exhibit full mint luster. The MS-65 silver dollar should have a full strike, full mint luster and a very minimum of bagmarks that are strategically located and not at all unsightly.

What does MS 65 mean on a silver dollar?

Mint State-65 (MS65 or MS-65)

Summary: A high quality of mint luster completely covers the surfaces of the coin and is undisturbed. Contact marks and bag marks are few and small. The coin is well struck, and a few hairlines may be seen under a magnifying glass.

Are Peace Dollars worth collecting?

Many factors go into determining the value of a coin and this results in some of them being quite valuable. The rarer the coin is, the more valuable your Peace silver dollar will be. Next to the Morgan silver dollar, the Peace silver dollar is the second most popular United States silver dollar to collect.

Which Peace Dollar is most valuable?

In 2010, PCGS valued an uncirculated 1928 Peace Dollar at $585. The rarest of all Peace Dollars is the 1964-D, as the Denver Mint struck around 300,000 Peace Dollars in 1965 with the 1964 date on the coins.

What makes a 1922 Peace Dollar rare?

1922 Peace dollars, large and heavy with silver, are prized by collectors and also bullion investors, keeping values strong. Mintmarks on 1922 Peace dollars become a factor in value if your coin is in uncirculated condition. Three mints produced silver dollars that year, Philadelphia, Denver and the San Francisco mint.

What silver dollar is worth the most?

The most valuable U.S. dollar is the 1794 flowing hair dollar, which sold for more than US$10 million at a Stack's Bowers Galleries auction in 2013, the auction house said. The coin, graded Proof-68 by PCGS, a professional coin grading service company, was offered from the collection of D. Brent Pogue.

How much silver is in a Morgan and Peace Dollar?

It contained 412.5 grains of 90% pure silver (or 371.25 gr = 24.056 g = 0.7735 oz t of pure silver). The coin is named after its designer, United States Mint Assistant Engraver George T. Morgan.

How do you know if a Morgan silver dollar is uncirculated?

What does MS69 mean in coins?

Mint State 69. MS69. Coin has a sharp strike with full original luster, with no more than two small non-detracting contact marks or flaws. No hairlines or scuff marks are visible.

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.

Are there fake Morgan silver dollars?

Commonly Counterfeited Morgan Silver Dollars

The most commonly counterfeited coins are those issued by the San Francisco and Carson City mints. While some of the replicas are fairly high quality, a 10x triple magnifier will help to identify nuances between counterfeit stamped mint marks and authentic mint marks.

What is the rarest mint mark?

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 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.