The U.S. Mint produced Morgan Silver dollars in the period between 1878 and 1904, and again in 1921. Morgan dollars replaced the Seated Liberty dollar, which was abolished in 1873 following a long debate around the use of silver bullion as legal tender. Morgan Silver dollars are named after their designer, George Morgan, an English-born engraver employed with the U.S. Mint. Morgan's design featured the image of Lady Liberty on the obverse and an eagle on the reverse, and was immediately put into production at the Mint's Philadelphia, Carson City, and San Francisco facilities.
Circulated Conditions
Our silver dollars are offered in ungraded, circulated condition. The common conditions we sell are:
VG (Very Good) to XF (Extra Fine): This condition means the coins have been circulated in society and exhibit moderate to severe traces of wear, with possible cleaning, surface abrasions, or a combination of all these characteristics. Little to no original mint luster will be present and there may be light to heavy toning.
AU (About Uncirculated): This condition means the coins may appear uncirculated but with closer inspection can reveal moderate traces of wear, evidence of friction visible on high points. Half to three-quarters of the original mint luster will still be present.
Uncirculated condition
BU (Brilliant Uncirculated): This condition means the silver coins have never been circulated in society, and will generally retain full original mint luster. They will exhibit minimal bag marks or abrasions.
Rolls
It is very hard to find original rolls like the ones we feature here! Rolls in better condition are often broken up by dealers who sell them as individual coins. The coins you receive will always be in the advertised condition, we will never cherry pick through the roll or replace them with cleaned or slider coins.
Investing in Silver
Silver is a precious metal with a long history of use as currency. Today, its importance to manufacturing, jewelry making, and a wide range of industrial processes drives global demand. However, because of its abundance, it is the most affordable precious metal, and a useful entry point to commodity investing. Many experts believe a portfolio containing some precious metals is more resilient to market fluctuations over time. If you're interested in investing in silver, Mint State Gold can help. If you'd like assistance putting together a package of products tailored to your financial goals, call our office or contact us online today.