Toning occurs naturally over time. It is mostly the result of oxygen and/or sulfur reacting with the coin’s metal. The toning process can be accelerated by heat, moisture and a variety of chemicals in the environment.
What should I look for when buying a Morgan silver dollar?
Invest in Only the Highest Grade Morgan Dollars Because the Morgan Dollar series exists in generally higher grades than most other series, you should invest in only the highest grade specimens. If you can afford to buy Proof Morgans, you should, because those have performed very well over the last fifteen years.
What is the best year for Morgan silver dollar?
The coins produced in 1878 and 1879 are especially popular because they are the oldest available on the market today. It is the coins from the 1870s that are in pristine condition that sell for higher prices than just about any and all other Morgan Silver Dollars.
Does toning devalue a coin?
It’s important knowledge to have, as attractive natural toning can make a coin worth exponentially more, while artificial toning can completely ruin a coin’s collectible value.
Are Morgan silver dollars worth buying?
If you can afford to buy Proof Morgan silver dollars, you should do so because those have performed very well as investments. They are pricey compared to MS-60 to MS-63, but their incredible rarity in the age of encapsulated coins make them a good investment.
Where are the mintmarks on a 1882 Morgan silver dollar?
Using both arrives at an accurate 1882 Morgan silver dollar value. Mintmarks placed on these 1882 dollars indicate the branch mint that struck your coin. Philadelphia the main mint did not use a mintmark, however look on the reverse above the DO in DOLLAR for marks indicating the other mints.
When did they start grading Morgan silver dollars?
However, when the mint resurrected the Morgan design in 1921, they had to re-create the master coin hub used to create working coin dies. The changes to the new coin dies were so minor that they are barely noticeable. Therefore, all United States Morgan silver dollars can be graded using the following standards.
What makes a new Morgan silver dollar fake?
Often the result of different fonts between the original coins and counterfeit coins. Poorly aligned mint marks. The NGC and others have spotted fake Morgans with mint marks, such as the “O” of the New Orleans Mint, that are crooked or struck on a slant. Poorly struck letters on the reverse.
What’s the fineness of a Morgan silver dollar?
Analysis of the metal content showed the coin had a .918 silver fineness, above the US Mint standards for a silver circulation coin of the age. With Morgan Silver Dollars as popular as ever, counterfeiters are trying to cash in with advanced forgeries. So, how can you spot a fake Morgan Silver Dollar?
