Morgan Dollar 1878-1921 One Dollar PR Values

Greysheet & Red Book® Price Guide
Melt: $53.64 (0.7734 oz Silver)

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Morgan Dollar 1878-1921 One Dollar PR Values

Details

Proof Morgan dollars were struck during the duration of the series, spanning from 1878 through 1921. In some cases, these proofs were struck in very limited quantities or as presentation pieces. This was the situation with the so-called 1921 Morgan dollar proofs, which are more accurately referred to as special strikes, made with polished dies and circulation-quality planchets. In other cases, the mintages of proof Morgan dollars ran into the hundreds or thousands, as happened throughout much of the late 19th and very early 20th centuries. In at least one circumstance, proofs represented the only known examples for the year from a particular US Mint facility, as was the case for Philadelphia-minted dollars of 1895.

Proof Morgan dollars are highly collectible, and they enjoy huge collectorship among the legions of Morgan dollar enthusiasts who will spend virtually any amount to obtain at least one example of every kind of Morgan dollar. Such a pursuit is at the very least grandly expensive and in most cases consumes the better part of a decade or more to complete, even when money is no object -- some proof Morgan dollars are just that rare. Proof Morgan dollars present collectors with several challenges, but for the most part assembling a set of all proof Morgan dollars, including the rare branch-mint, 1895, and 1921 proofs, is possible with patience.

This coin is made of 90% silver; 10% copper and has a current melt value of $53.64

Obverse: Portrait of Liberty centered. On the left are found 7 stars with the words E*PLURIBUS*UNUM followed by 6 stars on the right. The date is positioned at the bottom.

Reverse: The heraldic eagle is centered holding a bunch of arrows and branch surrounded by and olive leaves. The words UNITED STATES OF AMERICA * ONE DOLLAR frame the periphery. Mint mark, if any, appears above the letters DO of DOLLAR.

Basic Information

GSID:

74167

Coin Date:

Morgan Dollar

Denomination:

$1 / One Dollar

Designation:

PR

Mint & Coinage Details

Mint Location:

Philadelphia

Coinage Type:

Morgan silver dollar

Coinage Years:

1878-1921

Composition:

90% silver; 10% copper

Varieties and Classification

Variety:

1878-1921

Physical Characteristics

Fineness:

0.9

Weight:

26.73 gr

Weight:

0.8594 oz

Precious Metal Weight:

0.7734 oz

Strike Type:

Proof

Diameter:

38.1 mm

Coin Shape:

Round

Design Details

Designer:

George T. Morgan

Obverse Lettering:

E PLURIBUS UNUM, LIBERTY, [Date]

Obverse Designer:

George T. Morgan

Reverse Lettering:

UNITED STATES OF AMERICA, IN GOD WE TRUST, ONE DOLLAR

Reverse Designer:

George T. Morgan

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