The 1895 Morgan dollar, known as the "King of the Morgan Dollars," is a prime example, with a mintage so low that finding one in any condition is a rarity. Historical Context and Design The Morgan dollar, minted from 1878 to 1904 and again in 1921, stands as one of the most iconic images in American numismatics.
Understanding Morgan Dollar Grading and MS Condition
When silver prices rise, the melt value of these coins increases, providing a safety net for holders. Morgan, the coin features a striking profile of Lady Liberty on the obverse, crowned with a ribbon inscribed with the word "Liberty," and a reverse depicting an eagle with outstretched wings clutching arrows and an olive branch.
This design was not merely aesthetic; it was a symbol of the United States' recovery from the Civil War and its ambitions in the American West, where vast silver deposits fueled the creation of these coins. Designed by George T.
Understanding Morgan Dollar Grading and MS Condition
For collectors and investors alike, understanding the variables that influence price is essential to accurately assess the value of any specific example. While these historic coins from the United States Mint carry a base value of one dollar, their true market price is dictated by a complex interaction of rarity, condition, and the precious metal content within the silver.
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