Collecting Morgan Dollars
About Morgan Dollars
Collecting Morgan dollars (1878 thru 1921) is one of the most popular and obtainable in the silver dollar series. Most of the series would be still considered affordable in higher grades. There are many common dates available in mint state condition for well under a hundred dollars.The large diameter (38.1 millimeters, 1.5 inches) and slightly over three quarters of an ounce of pure silver makes it appealing to collectors from novice to expert. Grading Morgan dollars can be a challenge to most collectors and coin enthusiasts. Many slight design changes have occurred over the years as well as over 2000 different die varieties exist. Morgan dollars have large devises (focal design) and large fields (area around design) so wear is easily detectable.
Morgan Dollars Circulation
Circulation strikes and proof strikes are easily discerned. Circulation strikes having average luster and non mirror like fields while proof strikes have frosty luster and mirror like fields. Proof coins also have 179 reeded edge points while circulation strikes have more or less dependent on year. Most circulated Morgan dollars are well worn and are only worth silver melt value. Uncirculated Morgan dollars are worth a slight premium over silver melt value.
Morgan Dollars Grading
Morgan dollars that have been graded by a grading company can carry the most value. Since Morgan dollars were minted in all five US Mints Morgan dollars can be found with a variety of mintmarks some demanding high premiums. There are several Morgan dollars that even at low grades are worth several hundred to several thousand dollars each. The collector has a lot of ways to collect the Morgan dollars: key dates, varieties, series, mint etc… One thing to beware of is the issue of counterfeit coins. Most counterfeits are not made of silver and do not weigh 26.7 grams. Some have design high spots, gouges, and small impressions that give them away it is always best to buy your coins from a reputable dealer.
Contact Cash for Gold NC for Morgan Dollars pricing
Mount Airy NC Coin Shop
Now Open, Coin Shop in Mount Airy NC
Mobys Coffee is opening a full service coin shop in an additional location. We have had great success with buying Gold and Sliver here at the shop but will be moving to a new location soon. With the move, we will be opening a stand alone Coin Shop and Precious Metals Dealer.
We are looking to build up our inventory of US Coins, Silver Coins and Gold Coins with various numismatic value.
We are a full service Coin Shop, Coin Dealer and Coin Exchange. We specialize in US Coins, Silver Coins, Gold Coins, World Coins, Numismatics, Coin Grading, Coin Consignment, Coin Sales. We can assess your valuable coins and offer cash on the spot and coin trade.
Coin Shop Service Area
Our Coin Shop is a full service Coin Dealer handling the Triad NC and surrounding areas. Winston Salem, Greensboro, High Point, King Pilot Mountain, Mocksville, Mount Airy NC, and Cana Va.
336-786-1500

Coin Shop, Buying Scrap Gold and Silver
We also offer Cash for Gold and Silver. Gold Coins, Silver Coins, Scrap Gold, Scrap Silver, Bullion Silver, Bullion Gold.
We also sell gold and silver!
We are the best little Coin Shop in Mayberry!
Cash for Gold in NC
Cash for Gold in NC. Servicing Winston Salem, Greensboro, High Point, King, Mount Airy, & Cana Va.
We are building our site but are open for business.
Call us at 336-786-1500



