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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 $39.31 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.
No Motto Silver Dollar United States Wolfson, Jay, Delp ANR January 2005 $1,207,500 1804 Class III Silver Dollar United States Carter, Flannagan Bowers Merena July 2003 $1,200,000 1911 Hsüan-t'ung Dollar Pattern PR-63 China Heritage Auctions December 2021 $1,175,000 1792 Birch Cent J-4 Pattern United States Bushnell, Parmelee, Jenks, Green
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.
Your old coins aren't the only items that could make you rich now -- Find out what your old baseball cards could be worth: Related Articles. AOL.
The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia. The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States .
Some variances in coin size and weight occurred over time, especially as the value of silver varied. In particular, many silver coins changed in the 1870s. [4] The figures cited in the tables are representative of the series, and are generally the latest, or most common, figures for a given coin type. The largest coin ever minted by the US Mint ...
The silver three-cent piece (along with the half dime, and the two-cent piece as well as the temporary suspension of the standard silver dollar in favor of the Trade Dollar) was discontinued by the Coinage Act of 1873. [6] Civil War-era silver shortages led to widespread hoarding of all silver coins, and most one- and five-cent coins, as well. [3]
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