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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.
It is the lowest mintage business strike Morgan dollar in the series. The 1893-S is considered to be a key date in the Morgan dollar series: examples of the coin in both mint state and in circulated condition are valuable. The high value of the coin has made it a target for counterfeiters. Many fake 1893-S Morgan dollars have been created.
3.6 Morgan dollar (1878–1904 ... The dollar coin is a United States coin with a face value of one United States ... The GSA, having published minimum bids in ...
Despite its low mintage the nickel is not rare, its value is thought to be connected to the brilliant uncirculated roll boom that burst between 1963 and 1964. [2] On the opposite spectrum, the year 1964 saw the largest combined mintage of nickels to date.
F. B. Rogers Silver Co. was a silversmithing company founded in Shelburne Falls, Massachusetts in 1883. It was acquired by Edmund W. Porter and L.B. West, who incorporated the company and moved manufacturing operations to Taunton, Massachusetts in 1886.
In 1883, members of the New York Mercantile Exchange petitioned Congress to allow redemption of the coins by the government. [39] [40] The Carson City Mint's trade dollar ledger book. Bullion prices continued to drop through the 1880s, increasing the loss by anyone forced to sell at melt value after accepting a trade dollar at face value. [40]
Depending on conditions. Coins that have very low eye appeal will be affected as the market value of these coins cannot warrant a higher grade. [30] Carbon streaks MS64 and lower Carbon streaks are a flaw caused by environmental conditions. Some contributing factors include coin storage in a damp place, or exposure to cigar or cigarette smoke. [31]
The Sherman Silver Purchase Act was a United States federal law enacted on July 14, 1890, which increased the amount of silver the government was required to purchase on a recurrent monthly basis to 4.5 million ounces, roughly the entirety of the American output.