When it comes to collecting coins, Morgan Silver Dollars are a popular choice among enthusiasts. These historic coins, minted from 1878 to 1904 and again in 1921, hold both numismatic and intrinsic value. But what exactly are circulating Morgan Silver Dollars, and what do you need to know about them? Let's dive in and explore.

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What is a Morgan Silver Dollar?

The Morgan Silver Dollar is a silver coin that was minted by the United States from 1878 to 1904, and then again in 1921. It was named after its designer, George T. Morgan, who was an English-born American sculptor. The coin features Lady Liberty on the obverse side and an eagle with outstretched wings on the reverse side.

Why are Morgan Silver Dollars so popular?

There are several reasons why Morgan Silver Dollars are highly sought after by collectors and investors. First and foremost, they are made of 90% silver, giving them intrinsic value beyond their face value. Additionally, their historical significance and limited mintage make them highly desirable.

Furthermore, Morgan Silver Dollars are known for their beautiful design and craftsmanship. The intricate details on the coin, such as the flowing hair of Lady Liberty and the majestic eagle, make them a true work of art.

What Determines the Value of Circulating Morgan Silver Dollars?

The value of circulating Morgan Silver Dollars is influenced by several factors, including their condition, rarity, and historical significance. Coins in better condition and those with lower mintages tend to be more valuable. Additionally, certain years and mint marks are highly sought after by collectors, further driving up their value.

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Are circulating Morgan Silver Dollars a good investment?

Investing in circulating Morgan Silver Dollars can be a smart move for those looking to diversify their investment portfolio. These coins have a track record of increasing in value over time, especially in good or better circulated condition without damage, and/or with rare mint marks.

However, it's important to note that investing in rare coins carries some risks. 

Collecting Silver Dollars in Modern Times

Circulating Morgan Silver Dollars offer a glimpse into the past and hold both historical and monetary value. Whether you're a seasoned collector or just starting out, understanding the basics of these coins is essential. If you're interested in adding circulating Morgan Silver Dollars to your collection, be sure to explore the wide range of options available in the Morgan Silver Dollars category.

Circulating Morgan Silver Dollars are more than just coins – they are pieces of history and a tangible investment. Whether you're a collector or an investor, understanding the basics of these silver dollars is essential. From their design and identification to their investment potential, there's much to learn and appreciate about circulating Morgan Silver Dollars.

How Can You Protect and Preserve Circulating Morgan Silver Dollars?

Proper storage and handling are crucial for preserving the condition and value of circulating Morgan Silver Dollars. It is recommended to store them in protective coin holders or capsules to prevent damage from scratches or environmental factors. Avoid touching the coin's surface with bare hands, as the oils and acids from your skin can cause discoloration over time.

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