1890 Morgan Silver Dollar Value No Mint Mark
If you are a coin collector, you may be interested in the 1890 Morgan Silver Dollar with no mint mark. This coin is a valuable piece of American history that is highly sought after by collectors. In this article, we will discuss the history and value of the 1890 Morgan Silver Dollar with no mint mark.
What is a Morgan Silver Dollar?
The Morgan Silver Dollar was minted from 1878 to 1904, and then again in 1921. It was designed by George T. Morgan, who was an assistant engraver at the United States Mint. The coin features Lady Liberty on the obverse, and an eagle with outstretched wings on the reverse. The Morgan Silver Dollar is made of 90% silver and 10% copper, and is 38.1 millimeters in diameter.
History of the 1890 Morgan Silver Dollar
The 1890 Morgan Silver Dollar was minted in Philadelphia, which is why it does not have a mint mark. The Philadelphia Mint was the main mint for the United States until the early 20th century. The 1890 Morgan Silver Dollar with no mint mark had a mintage of 2,309,041. It was not a rare coin at the time, but it has become more valuable over the years due to its historical significance and rarity today.
Value of the 1890 Morgan Silver Dollar with No Mint Mark
The value of the 1890 Morgan Silver Dollar with no mint mark depends on its condition and rarity. A coin in poor condition may only be worth its silver content, which is currently around $20. However, a coin in excellent condition can be worth thousands of dollars. In 2021, a PCGS MS67 1890 Morgan Silver Dollar with no mint mark sold for $24,675 at auction. The value of the coin will continue to increase as it becomes rarer and more sought after by collectors.
How to Determine the Condition of a 1890 Morgan Silver Dollar with No Mint Mark
The condition of a 1890 Morgan Silver Dollar with no mint mark is determined by its grade. The grade is based on a scale from 1 to 70, with 70 being a perfect coin. Some of the factors that affect the grade of a coin include its luster, strike, and surface preservation. To determine the grade of a 1890 Morgan Silver Dollar with no mint mark, you can take it to a professional coin grader or use a coin grading guide.
Conclusion
The 1890 Morgan Silver Dollar with no mint mark is a valuable piece of American history that is highly sought after by collectors. Its value depends on its condition and rarity, with a coin in excellent condition being worth thousands of dollars. If you are interested in collecting coins, the 1890 Morgan Silver Dollar with no mint mark is a great addition to any collection.