Morgan Dollar

Brief Description

The visible side of the coin, the reverse, features a majestic eagle with outstretched wings, clutching an olive branch and arrows, symbolizing peace and readiness for war. A shield is placed on its breast. Above the eagle, the motto "IN GOD WE TRUST" is inscribed. Around the eagle, the words "UNITED STATES OF AMERICA" are present, and at the bottom, the denomination "ONE DOLLAR" is clearly visible.

Historical Significance

The Morgan Dollar is one of the most iconic and popular coins in American numismatics. It was minted from 1878 to 1904, and again in 1921. Its creation was a result of the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase a certain amount of silver and coin it into dollars. It played a crucial role in the American economy during a period of significant industrial growth and westward expansion. Its design, by George T. Morgan, is highly regarded for its beauty and detail.

Estimated Value

The value of a Morgan Dollar varies significantly based on its year, mint mark, and condition. Common dates in good condition might range from $30-$50, while rare dates or high-grade examples can fetch thousands or even tens of thousands of dollars. Without seeing the obverse and knowing the mint mark and condition, a precise estimate is not possible.

Care Instructions

Handle the coin by its edges to avoid transferring oils from your skin, which can cause damage over time. Store it in a cool, dry place, ideally in an archival-safe holder like a non-PVC flip or a PCGS/NGC slab, to protect it from environmental damage and physical scratches. Avoid cleaning the coin, as this can severely diminish its numismatic value.

Created At: 2025-08-13T17:14:09.316786