How can I tell if my Morgan Dollar is real?
Previous counterfeit Morgan Silver Dollars have been identified with improper weights. In many cases, they less than half the weight of a true Morgan Silver Dollar. If you already have a Morgan Silver Dollar and believe it may be fake, throw it on a scale. Remember, it should weigh 412.5 grains, or 26.73 grams.
What if there is no mint mark on a Morgan Dollar?
Where do I look now? My Answer: If you don’t see a mint mark on a Morgan Silver Dollar, it just means that it was minted at the United States Mint in Philadelphia. since everyone knew that all United States coins were coming from the Philadelphia Mint.
Are Morgan silver dollars magnetic?
The weight of an uncirculated Morgan silver dollar is 26.73 grams. Precious metals, such as gold, silver, platinum and palladium aren’t magnetic, so if your coin is attracted to a strong magnet, such as an earth magnet, then you can be sure that it’s fake.
Where is the mint mark on a 1921 Morgan silver dollar?
1921 Morgan Silver Dollar Values The mintmark can be located on the reverse side underneath the eagle and above the letters “D” and “O” of ” DOLLAR “. Coins minted in Philadelphia have no mintmark, Denver a “D” mintmark, and San Francisco an “S” mintmark. Silver dollar values are taken from the Red Book.
How much is a 1886 Morgan dollar worth?
CoinTrackers.com has estimated the 1886 Morgan Silver Dollar value at an average of $28, one in certified mint state (MS+) could be worth $170.
Are fake silver dollars worth anything?
A counterfeit or fake coin doesn’t have any numismatic value though it’s gold or silver can be extracted by assay. U.S. fakes are technically illegal to own. There are various motivations to counterfeit coins not all of them sinister.
How many Morgan Dollars are left?
Total mintage was near 657 million. About half of all the Morgan Dollars have been melted down as silver bullion since 1918. Even with that taken into account, there are still approximately 275 million such coins in existence, so in terms of supply, there definitely isn’t a shortage.
Are Kennedy half dollars worth anything?
While there are some Kennedy half minor varieties, there are no issues that are exceedingly rare or expensive. The mint made special collector coins from 1965 to 1967, and again beginning in 1992. Although they appear unique, billions of these coins were minted and carry no premium value.
Do all Morgan dollars have a mint mark?
On Morgan dollars, the mint mark is found underneath the wreath surrounding the eagle. Mint marks on Peace dollars appear on the lower left of the coin, just left of the eagle’s tail feathers. Coins minted in Philadelphia have no mint mark. The pictures below show where to find mint marks on both silver dollars.
What is the difference between a Morgan and a Peace Silver Dollar?
The Morgan dollar is a United States Issued Silver Dollar Minted from 1878 to 1904, and again in 1921. The Peace Dollar is also a United States Issued Silver Dollar, but was Minted from 1921 to 1935. These dollars are 90% silver and each coin has 0.77344 oz of pure silver.
Are Morgan Dollars pure silver?
Morgan Silver Dollar Coin Minting Information – The largest and heaviest silver coin since the Civil War, the Morgan silver dollar contains a hefty 0.77344 ounces of pure silver. It was minted continuously from 1878 to 1904 when the government exhausted its supply of silver bullion.
How can you tell a fake coin?
Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. Fake coins often times will contain hole markings. Additionally, many coins have intricate designs or textures that are associated with that particular coin and its series.
What year is the rarest Morgan Dollar?
The 1895 Morgan silver dollar is known as the “King of the Morgan Dollars” because it is the rarest and one of the most valuable coins in the entire Morgan Dollar series.
What Morgan dollars are worth money?
1888-O “Hot Lips” Morgan Dollar: $600. 1895-O Morgan Dollar: $595. 1893-O Morgan Dollar: $555. 1892-CC Morgan Dollar: $485.
What year is the rarest silver dollar?
1893 ‑S. The rare key-date 1893 ‑S Morgan is the showpiece most collectors need to complete a collection but is difficult to acquire! This rare 90% silver dollar is considered the most desirable Morgan ever struck at a branch mint.