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The Morgan dollar is a United States dollar coin minted from 1878 to 1904, in 1921, and beginning again in 2021 as a collectible. It was the first standard silver dollar minted since the passage of the Coinage Act of 1873 , which ended the free coining of silver and the production of the previous design, the Seated Liberty dollar .
There are in more than 3,000 different VAMs however the coin certification company Professional Coin Grading Service (PCGS) does not recognize all of them. They recognize 52 VAM Peace dollars and 317 Morgan dollar VAMs [2] A VAM can be a small change in dies like a different sized mint mark, or something more dramatic like a repunched date.
The eagle's wings and tail feathers were also slightly elongated. [53] In 1870, [54] the Carson City Mint opened in Nevada at the urging of silver mining interests, so that ore could be refined and converted to coin locally. [55] In addition to silver, it struck gold half eagles, eagles, and double eagles.
It was later discovered, and confirmed in 2005, [45] that the dollars included in every 2,000 boxes were in fact early strikes, differing from those ultimately issued for circulation by the number of tail feathers on the eagle. [44] Approximately 5,500 of the coins were included in the boxes of cereal. [44]
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The United States trade dollar was a dollar coin minted by the United States Mint to compete with other large silver trade coins that were already popular in East Asia.The idea first came about in the 1860s, when the price of silver began to decline due to increased mining in the western United States.