morgan

The worth of a specific United States coin, minted in 1891 at the San Francisco Mint, featuring the iconic Morgan design and composed of silver, is a subject of considerable interest to numismatists and investors alike. This valuation is not static; it fluctuates based on several key determinants. A primary consideration is the coin’s physical condition, often graded using standardized scales. The presence or absence of wear, scratches, and other imperfections significantly impacts its perceived desirability and, consequently, its price in the marketplace.

Understanding what dictates the worth of this particular silver dollar is beneficial for multiple reasons. For collectors, it provides a framework for making informed purchasing decisions and assessing the overall value of their holdings. For those seeking a tangible investment, the inherent precious metal content offers a degree of stability, while the potential for appreciation as a collectible adds another layer of potential return. The historical context the era of silver coinage, the role of the San Francisco Mint, and the lasting appeal of the Morgan design all contribute to its enduring fascination and intrinsic worth.

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A significant numismatic item centers on a specific silver coin design, but specimens purportedly dated 1800 are, in fact, nonexistent. The design, widely collected, was authorized by the 1878 Bland-Allison Act and produced from 1878 to 1904, and then again briefly in 1921. Coins of this type attract considerable attention from collectors, due to their historical significance and inherent silver value.

The absence of specimens bearing the year 1800 underscores a crucial point about the period of production. The historical backdrop to this coin involves the economic and political climate of the late 19th and early 20th centuries. Its design reflects the artistic sensibilities of that era. The intrinsic value of the coin is tied to the fluctuating price of silver, impacting its appeal as both a collectible and a potential investment.

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The 1893 issue of a prominent silver coinage series represents a significant specimen within numismatic collecting. Struck at the Philadelphia, New Orleans, Carson City, and San Francisco mints, the survivability and condition greatly affect its valuation in the current market.

Its significance stems from both its silver content and the historical era in which it was produced. Factors such as mintage figures, wear, and the presence of mint marks all contribute to its desirability among collectors and investors. The historical context of the late 19th century silver market and the political debates surrounding coinage also influence its perceived importance.

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This particular United States coin represents a specific issue within a larger series of silver dollars struck from 1878 to 1904, and again in 1921. Minted in 1893, it embodies the design conceived by George T. Morgan, featuring Liberty on the obverse and an eagle on the reverse. The coin’s inherent value is derived from its silver content, while its collector value is significantly impacted by its condition, mint mark, and mintage figures for that specific year.

The significance of this coin stems from its historical context within the late 19th-century United States, a period of significant economic and social change. It served as a medium of exchange during a time when silver was a contentious issue in national politics, particularly concerning bimetallism. Surviving examples offer a tangible link to this era and provide insight into the artistry and economic realities of the time. Its rarity, particularly in higher grades, makes it highly sought after by numismatists.

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