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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.
Delayed until the end of World War II, the Red Book was published in 1946, providing collectors even more historical information as well as retail values (prices collectors could expect to pay coin dealers to buy coins) instead of wholesale values. R. S. Yeoman served as editor of the Red Book and Blue Book until he retired in 1970.
For example, on a Lincoln cent, the head covers about one sixth of the area; on the Buffalo nickel, about five sixths of the area. Moreover, the nickel is a larger coin. Large heads also adorn the Morgan dollar and the Columbian half dollar commemoratives of 1892–1893; but these coins were rarely altered, because of their high value.
A well-known example is the 1900 Morgan silver dollar, when reverse dies with "CC" below the eagle were sent from the Carson City Mint to the New Orleans Mint, where they were given an "O". A similar case occurred in 1938, when a reverse die for the buffalo nickel was made for the San Francisco Mint , because that year only, the Denver Mint ...
Depending on conditions. Coins that have very low eye appeal will be affected as the market value of these coins cannot warrant a higher grade. [30] Carbon streaks MS64 and lower Carbon streaks are a flaw caused by environmental conditions. Some contributing factors include coin storage in a damp place, or exposure to cigar or cigarette smoke. [31]