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1904 & Prior Morgan Dollars:
Years of issue: 1878-1904
The Morgan Dollar series contains many better date coins and should be
reviewed carefully for dates and conditions. Some of the basic things to
look for when checking for better dates include any coins bearing a
"CC" mintmark (located on the reverse below the eagle's tail) and coins from the
years 1892-1895. The full list of better date coins and
the conditions in which each date becomes worth more is too
extensive to discuss here. Be aware that the values can
vary greatly from coin to coin. Your 1904 and prior
dated Morgan dollars should be evaluated by a professional to
determine the value of better dates or coins in better
condition.
1921 Morgan Dollars:
The 1921 Morgan dollars were struck in Philadelphia, Denver and San
Francisco. If uncirculated, or close
to uncirculated, the "D" and "S" mintmarked
coins bring a premium. In the
grades of XF and lower, all varieties generally trade at the same
price level. The coins minted in 1921 are the most
common of the Morgan dollars.
Peace Dollars
Years of issue: 1921-1935
Most Peace Dollars you see from the years
1922-1926 are common in circulated
condition. The coins from 1927-1935 trade for a few dollars more, even in
the lower grades. The key date coins to look for in circulated condition are the
1921, the 1928 (without a mintmark) and the
1934-S in XF or higher.
In uncirculated condition, the
1922, 1923, 1924, and 1925 dated coins
(without a mintmark) are relatively common. The value of the other coins in the series
becomes quite grade sensitive in uncirculated condition and should be
examined closely.
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Grading Silver Dollars |
Uncirculated - No
trace of wear. Full mint luster. Minimal
contact marks. |
| Almost Uncirculated
(AU) - Slight trace of wear. Mint luster is
present. |
| Extra Fine (XF) -
A circulated coin with most major detail still present. |
| Very Good/Very Fine
(VG/VF) - An obviously circulated coin with some
details still apparent and no damage. |
| Good (G) - Major
devices worn smooth. Full rims with no damage. |
| Cull - A coin with
major damage or excessive wear. |
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