morgan

The item in question is a United States silver dollar that, despite its name suggesting a 19th-century origin, was never actually minted in 1964. Original silver dollars bearing the “Morgan” design were produced from 1878 to 1904, and then again briefly in 1921. The term is often mistakenly used, causing confusion amongst numismatists and the general public. It commonly refers to older silver dollars.

Understanding the historical context of these coins is crucial. Their value stems from their silver content, historical significance, and collector demand. Genuine examples are highly sought after, while misidentified or misrepresented pieces can lead to financial misunderstandings. The allure of holding a piece of American history contributes to their enduring appeal, even for those who are not avid coin collectors.

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This particular United States coin, struck at the New Orleans Mint in 1896, is a valuable and sought-after piece of American numismatic history. It is composed of 90% silver and 10% copper, adhering to the standard composition for coins of its type and era. Its design features Liberty on the obverse and a heraldic eagle on the reverse, a common motif for silver coinage of the time. The “O” mint mark indicates its origin at the New Orleans Mint, distinguishing it from examples produced at other mints like Philadelphia, Carson City, or San Francisco.

This specific coin’s importance stems from several factors, including its relative scarcity compared to other years and mints in the series. Mint state examples, in particular, command significant premiums due to their condition and the limited number that have survived in pristine condition. Furthermore, the New Orleans Mint had a history of variable striking quality, impacting the eye appeal and overall value of the surviving coins. This creates a high demand from collectors seeking high-grade specimens for their collections and the historical context of being minted in a pivotal era of American expansion and industrialization.

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This particular coin, minted in 1889, is a tangible piece of American history, representative of a specific era in United States coinage. Its composition is primarily silver, giving it intrinsic value beyond its face value. The design features Liberty on the obverse and an eagle on the reverse, reflecting the national symbolism of the period.

The coin holds significance for collectors due to its age, metal content, and historical context. Its mintage numbers, condition, and the specific mint where it was produced significantly affect its value. The historical period during which it was circulated reflects economic conditions and governmental policies related to silver coinage.

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A United States coin produced in 1884, composed primarily of silver and designed by George T. Morgan, represents a significant piece of American numismatic history. These coins were minted under the Bland-Allison Act, which mandated the purchase of silver and its conversion into coinage. The coin features a depiction of Liberty on the obverse and an eagle on the reverse, iconic symbols representing the nation’s ideals.

The historical significance of this particular coin lies in its connection to the silver mining boom and the economic policies of the late 19th century. Owning such a coin provides a tangible link to this era, allowing collectors and enthusiasts to connect with the nation’s past. The coin’s inherent silver content also contributes to its intrinsic value, making it an appealing investment, while its historical context provides additional value and appreciation potential.

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An exemplar from the renowned Morgan series, struck in 1888 at the Carson City Mint, represents a significant piece of American numismatic history. These coins, composed of 90% silver and 10% copper, were authorized by the Bland-Allison Act of 1878 and feature a design by George T. Morgan. The “CC” mintmark denotes its origin at the Carson City Mint, a facility known for producing coins with relatively low mintages, making them desirable among collectors.

The value and collectibility of these specific silver dollars derive from several factors, including their historical context during the height of the silver mining boom in the American West. The Carson City Mint’s output was generally smaller than other mints, contributing to a higher premium placed on these coins. Furthermore, the physical condition of each specimen, graded according to established numismatic scales, drastically affects its market value, with uncirculated examples commanding substantially higher prices than worn or damaged coins. Their scarcity and historical relevance make them attractive to investors and history enthusiasts alike.

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The monetary worth of a United States coin minted in 1887, specifically a Morgan silver dollar, is contingent upon several factors. These elements include the coin’s condition (graded on a scale from Poor to Uncirculated), its mint mark (denoting the minting facility), and the overall demand from collectors and investors. Premiums are generally applied to coins in better condition or those with rarer mint marks. As an example, a heavily circulated 1887 Morgan dollar from the Philadelphia Mint will typically have a lower worth than an uncirculated example from the Carson City Mint.

Understanding the estimated worth of such a coin provides benefits for individuals interested in numismatics, enabling informed decisions regarding buying, selling, or collecting. The coin itself represents a significant period in United States history, reflecting the nation’s economic and artistic climate during the late 19th century. Furthermore, knowledge of its worth allows for responsible management of coin collections and potential investment opportunities. The 1887 Morgan silver dollar emerged from the Bland-Allison Act of 1878, which mandated the purchase and minting of a substantial amount of silver each month, influencing both currency production and silver market dynamics.

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