Morgan dollars are not unfamiliar to many Americans today, even despite dollars of this type not having been produced since 1921. These dollars have featured in advertisements in magazines and on TV, giving many of us opportunities to admire each coin side's portrayal of a U.S. icon. That icon is Lady Liberty in one instance and an eagle in the other. There has even been the strong development of an association between these dollars and the Old West. That refers to an undoubtedly fascinating, but also much-mythologized, period of American history.
Today, we might associate the Wild West with cowboys, gun-slinging and ten-gallon hats, among various other things. However, not all of the Old West's commonly-promoted symbols have solid roots in reality. One thing that can nonetheless be reported as fact is that silver dollars circulated considerably in the West during the time of the American Frontier. One western mint involved in the making of Morgan dollars was the San Francisco Mint. That facility produced those coins in California, a state which joined the U.S. in 1850. However, according to myths about the Old West, that historical chapter could have closed as recently as 1920.
That year preceded the one in which the Morgan dollar made a production comeback. The United States decided to assist a Germany-fighting Great Britain through providing valuable silver. U.S. legislation enabling this also made mandatory the creation of new silver dollars. That situation set the stage for the Morgan dollar's return - though it did not return entirely in its previous form. A new die had to be made for the fresh Morgan dollars, which turned out flatter than the preceding coins last made in 1904. The new coins also lagged behind in attractiveness.
Still, when you are looking for Morgan dollars today, 1921-dated forms are the most likely to come into your view. A significant reason for this is that more than 85 million of them were struck, counting the collective output of the San Francisco, Denver, and Philadelphia mints. There are a couple of good reasons why the San Francisco pieces from 1921 are even more distinctive. One is that each of them carries, close to the image of the eagle, a tiny letter "S." As well as showing that mint mark, each of these pieces has also been inadequately struck compared to those 1921 coins originating from the Philadelphia and Denver production lines.
Today, Morgan dollars can still significantly fascinate, and if the idea of starting your own collection of them excites you, we are providing an ideal starting point. By first picking up discs displaying the most common dates, you can gently ease yourself into the task of forming a numismatic collection. In doing so, you could also develop your skill in assessing the conditions of different coins. The piece featured in this listing has been rated Mint State 62 - the longhand reference to MS62, a grade of code. That code is part of Sheldon's adapted numerical scale intended for use in assessing coins.
Features of the Common Date $1 Morgan Silver Dollar MS62: A rim right along which are reeds A mint mark that is either absent or a letter Copper concentration of 10% strength