Morgan Dollar

Brief Description

The obverse features a left-facing profile portrait of Lady Liberty, often referred to as the 'Morgan Head', wearing a Phrygian cap and a wreath of cotton and wheat. The inscription 'E PLURIBUS UNUM' is above her head, and the year '1888' is below. Thirteen stars encircle the design.

Historical Significance

The Morgan Dollar was minted from 1878 to 1904, and again in 1921. It was authorized by the Bland-Allison Act of 1878, 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, especially in the western states, and are widely collected today for their beauty and history.

Estimated Value

The estimated value of an 1888 Morgan Dollar can range from approximately $30-$50 for coins in good condition to several hundred or even thousands of dollars for uncirculated or rare mint mark varieties. The value heavily depends on its condition (grade) and specific mint mark (if any). This particular example appears to be in an average circulated condition.

Care Instructions

To preserve the coin's condition, handle it by its edges to avoid transferring oils from your skin. Store it in a cool, dry place within inert, archival-safe holders such as Mylar flips, non-PVC coin slabs, or coin capsules. Avoid cleaning the coin, as this can severely damage its surface and significantly reduce its numismatic value.

Created At: 2025-10-24T14:16:51.050839