Morgan Dollar

Brief Description

The obverse of the coin features a left-facing profile of Lady Liberty, often referred to as the 'Morgan head,' wearing a Phrygian cap adorned with wheat and cotton elements. The word 'LIBERTY' is inscribed on her headband, with 'E PLURIBUS UNUM' above her head and the year '1884' below. Thirteen stars encircle the edge.

Historical Significance

The Morgan Dollar was minted from 1878 to 1904 and again in 1921. It was instrumental in circulating silver generated by the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase and coin a certain amount of silver each month. It's one of the most collected American coins, representing an era of westward expansion and industrial growth in the United States.

Estimated Value

The estimated value of an 1884 Morgan Dollar can vary significantly based on its mint mark (e.g., O for New Orleans, S for San Francisco, CC for Carson City, P for Philadelphia), and its condition (grade). In circulated condition, it might range from $30 to $100. Uncirculated examples, especially those with rare mint marks or high grades (like MS65 or higher), can fetch hundreds or even thousands of dollars.

Care Instructions

To preserve its value and appearance, handle the coin by its edges to avoid transferring oils from your skin. Store it in a cool, dry place in archival-safe holders such as Mylar flips, non-PVC sleeves, or certified slab holders. Avoid cleaning the coin, as this can severely damage its surface and reduce its numismatic value.

Created At: 2025-10-24T14:17:39.948329