While some Morgan dollar coins have rare dates and are available at a dear price, most are usually easy to obtain in both circulation (meaning they have been worn down a bit by being in people's pockets) and uncirculated, (meaning they have never been passed around) condition. The Morgan coin was made until 1904, and just a few more were made in 1921. Morgan dollar coins in uncirculated condition represent a fine addition to any numismatist's silver coin collection. The Morgan dollar coin features a profile of Lady Liberty on one side and an eagle with wings outspread on the other side.
By and large, silver dollars in general are worth quite a bit more than coins made primarily of copper because of their beauty and the increasing value of silver on the metals markets. Therefore, Morgan silver dollar coins are a great way to acquire both financial wealth for its own sake and artistic beauty for the aesthetic pleasure it provides the collector.
In spite of the limited minting, a significant portion of the silver dollars, authorized by the Bland-Allison Act of 1878, minted at Carson City survived in storage, and by doing so make the rare coin Morgan dollar a genuine piece of American history. In addition, Morgans were minted in New Orleans, Philadelphia and San Francisco during the years 1878 to 1904.
These rare coins Morgan dollars were allowed to be mined once again in 1921, the last year the coin was allowed to be minted. The individual letters, known to numismatists as a mint mark, are imprinted underneath the branches the eagle sits upon. Morgan's own monogram appears in close proximity to Lady Liberty's neck.
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