Silver Dollars Silver Dollar Pre 1921 Morgan Usa3
Introduction
For coin collectors and investors, silver dollars are a popular choice due to their historical significance and value. Among the most sought-after are pre-1921 Morgan USA3 silver dollars, which were minted in the United States from 1878 to 1904, and again in 1921. In this article, we'll take a closer look at these iconic coins.
The History of Pre-1921 Morgan USA3 Silver Dollars
The Morgan USA3 silver dollars were named after their designer, George T. Morgan, who was a British engraver working for the U.S. Mint. The coins were first minted in 1878, and were intended to replace the previous design, the Seated Liberty dollar. The Morgan USA3 silver dollar was produced until 1904, when the U.S. Mint stopped making silver dollars due to the Pittman Act.
In 1921, the U.S. Mint resumed production of silver dollars due to the passage of the Pittman Act, which required the government to replenish the silver reserve that had been depleted during World War I. This led to the production of the last Morgan USA3 silver dollars, which are known as the 1921 Morgans.
The Design of Pre-1921 Morgan USA3 Silver Dollars
The obverse of the Morgan USA3 silver dollar features a left-facing portrait of Lady Liberty with the word "Liberty" above her head. The reverse of the coin features an eagle with outstretched wings, holding arrows and an olive branch. The words "United States of America" and "One Dollar" are also featured on the reverse.
The Value of Pre-1921 Morgan USA3 Silver Dollars
The value of pre-1921 Morgan USA3 silver dollars varies depending on their condition, rarity, and historical significance. As of 2021, the value of a circulated pre-1921 Morgan USA3 silver dollar ranges from $25 to $50, while uncirculated coins can fetch several hundred dollars or more.
Some of the most valuable pre-1921 Morgan USA3 silver dollars include those with mint marks such as the Carson City mint mark (CC), which is highly sought after by collectors.
Where to Buy Pre-1921 Morgan USA3 Silver Dollars
If you're interested in purchasing pre-1921 Morgan USA3 silver dollars, there are a few options available to you:
- Coin shops - Local coin shops may have pre-1921 Morgan USA3 silver dollars for sale. Check your area for reputable dealers.
- Online auctions - Websites such as eBay and Heritage Auctions often have pre-1921 Morgan USA3 silver dollars for sale.
- Online dealers - There are many reputable online dealers of coins, including pre-1921 Morgan USA3 silver dollars. Be sure to do your research before buying from an online dealer.
Caring for Pre-1921 Morgan USA3 Silver Dollars
To keep your pre-1921 Morgan USA3 silver dollars in good condition, it's important to handle them with care. Avoid touching the surface of the coin with your fingers, as the oils from your skin can cause damage. Instead, hold the coin by its edges or use gloves.
Store your silver dollars in a cool, dry place that is free from humidity and extreme temperature changes. Avoid storing them in direct sunlight or near sources of heat.
Conclusion
Pre-1921 Morgan USA3 silver dollars are a valuable and historically significant addition to any coin collection. Whether you're a serious collector or just starting out, these iconic coins are sure to be a treasured investment.