Morgan dollars
December 9, 2008 by SemiCritic
Filed under Collectibles
Among the most popular types of U.S. coins to collect, U.S. dollars make up some of the world’s most valuable coins. Silver Morgan dollars were minted from 1878 to 1904 and again for one more year in 1921. These coins are named after designer George Morgan who made the obverse and reverse sides of the coin.
You can see Morgan’s monogram if you look closely near Lady Liberty’s neck on the obverse. Morgan dollars were authorized by the Bland-Allison Actof 1878. They have a finess of .900 and give a total silver content of 24.057 grams per coin. In the early 1970s, caches of Morgan dollars produced at the Carson City mint were discovered and sold to coin collectors by the federal government.
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