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The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873, which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar.
By 1853, the value of a U.S. silver dollar contained in gold terms, $1.04 of silver, equal to $38.09 today. With the Mint Act of 1853, all U.S. silver coins, except for the U.S. silver dollar and new 3-cent coin, were reduced by 6.9% as of weight with arrows on the date to denote reduction.
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
The rarest half dollar is the 1892-O "Micro O", in which the mint mark "O" for New Orleans was impressed on the half dollar die with a puncheon intended for the quarter; other key dates are the regular 1892-O, 1892-S, 1893-S, 1897-O, 1897-S, 1913, 1914, and 1915. The last three dates have very low mintages but were preserved in substantial numbers.
Prior to 1965 and passage of the Coinage Act of 1965 the composition of the dime, quarter, half-dollar and dollar coins was 90% silver and 10% copper. The half-dollar continued to be minted in a 40% silver-clad composition between 1965 and 1970. Dimes and quarters from before 1965 and half-dollars from before 1971 are generally not in ...
Among the first coins minted there — maybe the very first — was a 1794 “Flowing Hair” Silver Dollar that today is worth roughly the equivalent of a 7-bedroom, 7-bath, 6,700-square-foot ...
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