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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 .
The result of preparing a set of new dies improperly from the original hub results in coin errors such as doubling, extra details, or missing details on the surface of the coin. A die break is caused when the mint die suffers a crack and this crack feature is transposed onto the coins in the minting process.
Like other coins, the value of errors is based in part on rarity and condition. In general, lower denomination errors are less expensive than higher denomination errors simply because more such coins are minted resulting in available errors. Due to improvements in production and inspection, modern errors are more rare and this impacts value. [3]
There are in more than 3,000 different VAMs however the coin certification company Professional Coin Grading Service (PCGS) does not recognize all of them. They recognize 52 VAM Peace dollars and 317 Morgan dollar VAMs [2] A VAM can be a small change in dies like a different sized mint mark, or something more dramatic like a repunched date.
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 .
Morgan dollar 1878–1904, 1921; Peace dollar 1921–1935 Peace dollar (high relief) 1921; Peace dollar (low relief) 1922–1928, 1934–1935; American Silver Eagle 1986–present; Gold dollar coins. Liberty Head (Small Size) 1849–1854; Indian Head (Large Size) 1854–1889 Small Indian Head 1854–1856; Large Indian Head 1856–1889; Copper ...
^β Some Modern United States commemorative coins are minted in this denomination. ^γ The United States government claims that it never officially released the 1933 double eagle. Examples of the coin were minted in that year, but were never released to circulation following Executive Order 6102.
Unmarked coins are issued by the Philadelphia mint. Among marked coins, Philadelphia coins bear a letter P. Denver coins bear a letter D, San Francisco coins bear a letter S, and West Point coins bear a letter W. S and W coins are rarely found in general circulation, although S coins bearing dates prior to the mid-1970s are in circulation.
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