The History and Value of the 1878 Morgan Silver Dollar

The Morgan Silver Dollar is one of the most iconic coins in American history. First minted in 1878, the Morgan Silver Dollar was the first standard silver dollar minted since the Seated Liberty Dollar in 1873. The coin was designed by George T. Morgan, the 7th Chief Engraver of the United States Mint. The Morgan Silver Dollar was minted from 1878 to 1904, and then again in 1921. The coins were minted in Philadelphia, New Orleans, San Francisco, and Carson City. The coins were made of 90% silver and 10% copper, and each coin contains 0.77344 troy ounces of silver. The Morgan Silver Dollar is highly sought after by collectors and investors alike. The coins are valued based on their condition, mint mark, and rarity. The most valuable Morgan Silver Dollars are those that were minted in Carson City, as they are the rarest. If you are looking to invest in Morgan Silver Dollars, it is important to do your research and buy from a reputable dealer. The coins can be a great way to diversify your portfolio and add a piece of American history to your collection.