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Morgan Dollars—the most popular silver dollar coins?
Morgan Dollars—the most popular silver dollar coins?
Morgan dollars that were minted from the years 1878 through 1904 (plus, later once again in 1921) just might be the most widely collected of all U.S. silver coins. Morgan dollars may even be more sought-after than the Peace dollar or Walking Liberty Half Dollar.
There are so many Morgan dollars available to collect, that Morgan appeals to a collector’s “hunt and gather” instinct. Morgan dollars are collected in a variety of ways. Most coin collectors who collect silver dollars like to collect Morgan dollars the traditional way: by obtaining one of each date and mintmark combination, which is not easy. Older collectors can remember that in the 1950s silver dollars were available at banks but too expensive to collect. A simpler approach that would be far less expensive would be to put together a collection that consists of the least expensive example of each of the different years of Morgan dollars. By doing this, you would have a complete year set without the focus on all the different mintmarks of Morgan Dollars.
What are the varieties of Morgan Dollars that are most popular? One coin collecting guide book lists five different varieties of the Philadelphia-minted 1878 and another five varieties of the 1880-CC, which is the Carson City mint that so many collectors love to own coins from.
In fact, a third way to collect Morgan dollars would be to focus on Morgan dollars from the Carson City Mint. This type of coin collection would be made up of only 13 different coins: the mint years 1878 -1885 and 1889-1893. The only downside of collecting Morgan Dollars this way is that four of the dates (1879-CC, 1889-CC, 1892-CC, 1893-CC) are expensive to own in all the grades. Even the “common” dates of Carson City Morgan dollars are relatively expensive because of high demand. The good news is that this collection would feature the 1878-CC, with a mintage of 2,212,000 (the second highest mintage of the 13 dates, following only the 1890-CC (2,309,041).
Are you interested in starting a collection of Morgan dollars? If so, some of the finest coins and most collectible Morgan Dollars can be found online from Eagle National Mint.
About the Author
Eagle National Mint is a premier retailer of coins, collectibles, jewelry, an fine art.
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