Morgan Silver Dollar

  1. War and Currency: Driving and Marking American History

    War and Currency: Driving and Marking American History
    Money and military have driven history since ancient times. Currency changes to finance war. Wars are fought to gain more money. Currency changes to adapt to the new conditions created by war, and once wars are over, they celebrate both peace and victory as well as commemorating those who gave everything to fight for their countries. This inextricable link between money and military, evident throughout human history, has been every bit a part of American history as in any previous civilization, especially in the twentieth century. The Civil War: the War between States   Not surprisingly, the biggest impact on American currency came with the war that divided the nation. North and South both had to adapt to find ways to fight their fathers, sons, and brothers. The North’s curren ...
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  2. Low Mintage Anomalies: Windows Into Coin History

    Low Mintage Anomalies: Windows Into Coin History
    Mintages of popular coins vary widely based on a variety of factors, such as demand and the availability of metals. Depending on the coin, some mintages can range from hundreds of thousands to several million pieces. Occasionally, though, mintages of otherwise popular coins are at levels substantially below the usual swings. Here are a ...
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  3. Understanding the Value in Collecting Coins

    Understanding the Value in Collecting Coins
    The concept of collecting coins was developed way back when coins were first minted. Archeological studies have shown that even in ancient Rome and Mesopotamia, citizens were likely collecting coins as a form of portable and affordable artwork. Alexander the Great himself gave the gold staters struck under his reign as gifts to his friends, and centuries later, Augustus Caesar followed suit with old coins and coins struck by foreign countries. During the early Renaissance, European nobility and even royalty grew fond of collecting the ancient coins of the Romans or the Greeks, earning coin collecting the nickname, the "Hobby of Kings." Today, there are more reasons than ever to become a coin collector, and an important aspect of the hobby is understanding the value of coins. This can be found through the coin’s condition, history, supply and demand and even your personal preference. Let’s take a look at these key elements of a coins value, to see if you would lik ...
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  4. To Dip or Not to Dip? That's Sometimes the Question!

    To Dip or Not to Dip? That's Sometimes the Question!
    Much has been written about the subject of so-called “coin doctoring” in the last couple of years. I don’t like this term, as it suggests there is an evil element in the numismatic world trying to destroy our hobby. I don’t believe this is true. The subject has been much discussed and even the Professional Numismatists Guild (PNG) struggled for many months trying to define the problem. One thing that has been clarified is that “dipping a coin” is not “coin doctoring.” Nearly everyone has heard the term “dipping,” but many probably don’t know the exact definition. It falls into the general category of rare coin conservation and is an interesting subject to discuss, especially for non-professionals. Jewel Luster For most, the term “dipping” refers to dipping a coin into a rather mild silver cleaner. There are several brands, but the most com ...
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  5. How is Value Determined in Numismatics?

    How is Value Determined in Numismatics?
    The historical aspect of collecting rare coins fascinates many people. For example, a silver dollar from Carson City might have been spent by in a saloon by a famous gunfighter. It is the historical possibilities like these that attract people of all ages to Numismatics. In spite of the fascination with a coin’s past, the most important element, however, is value. One of the main reasons I wrote the 100 Greatest US Coins, was the result of attending numerous cocktail parties, at which people would ask, “What is the most expensive coin in the world?” When I answered that a coin had sold for over seven million dollars at auction, most are people astounded. The common reply is, “How can a coin be worth so much?”  It’s a great question.  Many factors help determine the value of a numismatic collectible. One of the most common misconceptions is that age plays a large role when determin ...
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  6. Hats Off to the Phrygian Cap

    Hats Off to the Phrygian Cap
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  7. The Origin of the Peace Dollar

    The Origin of the Peace Dollar
    America's Last Circulating Silver Dollar By the early 20th Century, it appeared that the era of the silver dollar in the United States had come to an end. By this time, most Americans preferred to use paper money instead of carrying around heavy silver dollars. In fact, silver dollars circulated widely only in the sparsely po ...
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  8. The Impact of Coin Grading

    The Impact of Coin Grading
    Nearly every day, my company submits rare coins to one of the two major grading companies in the United States, Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Company (PCGS). Both have been in business for over 20 years and have graded and capsulated billions of dollars-worth of rare coins.  The creation of these third-party grading companies had a profound, positive impact on the world of numismatics. Before third-party grading and authentication, buyers had to rely solely on the expertise, honesty, and integrity of the seller. Often buyers thought were buying oranges and ended up with bruised apples. Most other collectibles fields still have this problem today. That’s why the rare-coin market is among the most transparent and liquid. Try selling a rare vase or seldom seen wristwatch over the telephone to an antique dealer. Over the last two decades, many multi-million dollar coin collections have been created.  Without the se ...
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  9. The 1804 Silver Dollar

    The 1804 Silver Dollar
    If you were to crack open a “2010 Guide Book of United States Coins,” also affectionately known as the “Red Book,” and turn to page 413, you will see a list of the Top 250 Coin Prices Realized at Auction.  Seven of the top 50 coins on this list are the 1804 Draped Bust Silver Dollar.&nb ...
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  10. The U.S. Treasury Hoard

    The U.S. Treasury Hoard
    The greatest silver rush in U.S. history didn't happen because of a strike in a mine shaft —it happened in Washington, D.C., right across the street from the White House. It was the release of the U.S. Treasury Hoard from 1961 to 1964, and for coin collectors, it was every bit as exciting and important as the California Gold Rush ...
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