Morgan Dollar

Brief Description

The obverse features a left-facing profile of Lady Liberty, often referred to as the 'Morgan head', wearing a Phrygian cap adorned with wheat and cotton, and encircled by 13 stars. Directly above her head is 'E PLURIBUS UNUM', and below her portrait is the year '1880'. The reverse, though not visible here, typically depicts an eagle with outstretched wings clutching arrows and an olive branch, surrounded by a wreath, with 'UNITED STATES OF AMERICA' and 'ONE DOLLAR' inscribed.

Historical Significance

The Morgan Dollar was minted from 1878 to 1904, and again in 1921. It was a product of the Bland-Allison Act, which required the U.S. Treasury to purchase a certain amount of silver each month and coin it into dollars. These coins played a significant role in the American economy, particularly in the western expansion, despite often being stored in Treasury vaults due to public preference for paper currency. The 1880 issue is common, but like many Morgan Dollars, its value varies significantly depending on its mint mark and condition.

Estimated Value

The estimated value of a 1880 Morgan Dollar can range from approximately $30-$50 for coins in good condition (G-4) to several hundred or even thousands of dollars for uncirculated (MS-60+) examples, especially those with rare mint marks. Without seeing the reverse and knowing the mint mark and precise condition, a definitive value is not possible. For an average circulated coin, it might be in the $35-$70 range.

Care Instructions

To preserve the coin's condition and value, handle it only by its edges to avoid transferring oils from your skin. Store it in an acid-free holder, such as a Mylar flip or a certified slab, away from extreme temperatures and humidity. Avoid cleaning the coin, as this can severely damage its surface and significantly reduce its numismatic value. Consult a professional numismatist for accurate grading and valuation.

Created At: 2025-09-18T13:19:32.270087