Title: United States 1 Dollar "Morgan Dollar" Coin - History and Collectible Value
Description: Explore the detailed history and collectible value of the United States Morgan Dollar coin.
Keywords: United States, 1 Dollar, Morgan Dollar, silver coin, numismatics, collectible coin, coin collecting, rare coin
Main Content:

Introduction

The United States 1 Dollar "Morgan Dollar" coin holds a special place in the hearts of coin collectors and numismatists alike. Minted between 1878 and 1921, this silver coin is not only a piece of American history but also a highly sought-after collectible in the numismatic world.

Historical Background

The Morgan Dollar was introduced as a result of the Bland-Allison Act of 1878, which required the U.S. Treasury to purchase large quantities of silver and mint it into coins. Named after its designer, George T. Morgan, this coin features Lady Liberty on the obverse and a majestic eagle on the reverse. It was minted in various locations across the United States, including Philadelphia, New Orleans, San Francisco, and Carson City.

Coin Images

Obverse

Reverse

Design Features

The obverse of the Morgan Dollar showcases a left-facing portrait of Lady Liberty, wearing a Phrygian cap with the word "LIBERTY" inscribed on a headband. The reverse features a bald eagle with outstretched wings, holding arrows and an olive branch, surrounded by the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," and "ONE DOLLAR."

Technical Specifications

The Morgan Dollar has a diameter of 38.1 mm and weighs 26.73 grams. It is composed of 90% silver and 10% copper, giving it a total silver content of 0.77344 troy ounces. With reeded edges and a reeded edge lettering of "E PLURIBUS UNUM" and stars, this coin is a true masterpiece in terms of design and craftsmanship.

Collectible Value

Due to its historical significance and limited mintage, the Morgan Dollar is highly coveted among collectors. The coin's value can vary based on factors such as year of mintage, mint mark, condition, and rarity. Some key dates and mint marks, such as the 1893-S and 1895 Proof issues, command premium prices in the market.

Conclusion

In conclusion, the United States 1 Dollar "Morgan Dollar" coin is a numismatic treasure that symbolizes America's rich history and heritage. Whether you are a seasoned collector or a novice enthusiast, adding a Morgan Dollar to your collection is sure to bring joy and a sense of connection to the past. Its timeless design and historical significance make it a must-have for any coin collection. Start your numismatic journey today with this iconic piece of American coinage.