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Gold $1291.4 -1.8
Silver $15.55 0.01
Talk to a representative: 855-242-4121

Morgan Silver Dollar

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Morgan Silver Dollar
  • Silver Content – 0.77344 oz.
  • Gross Weight – 26.73 g
  • Composition – 90% silver, 10% copper
  • Coin Diameter – 38.1 mm
  • Thickness – 3.1 mm
  • Mint Dates – 1878-1904, 1921
Call: 855.242.4121 for pricing
Description

Details

OverviewOne of the most collected silver coins in U.S. history, the Morgan silver dollar is a thing of Old West legend. Designed by George T. Morgan and first struck in 1878, it was issued to circulate the huge quantity of silver mined from the Comstock Lode.

DesignThe obverse (front) has Lady Liberty’s head encircled by date of issue, 13 stars for the original 13 colonies, “E PLURIBUS UNUM,” Latin for “Out of Many, One,” which was chosen as the first United States motto in 1776.The reverse has a bald eagle with spread wings spread perched on a branch and arrows, and partially surrounded by a wreath. Above its head is “In God We Trust.” Around the rim is “UNITED STATES OF AMERICA” separated by stars from “ONE DOLLAR.”Morgan, who studied at the British Royal Mint, placed an “M” on both sides of the coin as his signature. He slightly altered the coin’s design when it was reintroduced in 1921.

MintingThe largest and heaviest silver coin since the Civil War, the Morgan silver dollar is 0.77344 oz. of pure silver. It was minted from 1878- 1904, when the government exhausted its silver bullion supply. Then Congress passed the Pittman Act in 1918, recalling over 270 million silver dollars for melting and reminting. The Morgan silver was minted one last time in 1921, and then it was replaced by the silver Peace Dollar.


Augusta cannot guarantee, and makes no representation, that any metals purchased by a customer will appreciate at all or appreciate sufficiently to make a profit, and there is no certainty that any metals can be sold for a profit. The future value of the coins you purchase cannot be predicted. You could lose money. Prices may rise and fall over time or rapidly. Past performance of any coin does not guarantee future results. All decisions regarding the purchase or sale of precious metals, including the decision of which precious metals to purchase or sell, are the customer's decision alone. Premium coins are sold for more than the value of the precious metal they contain. Augusta's prices and buy-back prices are determined and controlled by Augusta.This investment is speculative and unregulated.

Michael Dallo, CPA, JD, LL.M. is a tax attorney and certified public accountant (CPA) of Dallo Law Group, a Professional Corporation. For over 10 years, Michael has zealously represented hundreds of clients in resolving tax disputes with the Internal Revenue Service and California taxing agencies, as well as developing sound tax positions and arguments to minimize their federal and state tax liability.

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