The 1879 silver dollar features the portrait of Williams on its obverse side. Morgan saw her as an ideal model for the American female personification of Libertas. He reached out to Anna Willess Williams, who was working as a grade-school teacher of philosophy at the time. Morgan set out to design his version of the American silver dollar, he wanted to create a version of Lady Liberty that seemed distinctly American. Her image has been used on coins dating back over a thousand years! Libertas is the Roman Goddess who personifies liberty. Liberty is a well-known symbol for the values of the United States, but the concept’s depiction as a beautiful woman goes back way further than the U.S. The history of the 1879 silver dollar’s beautiful design is closely linked to the imagery of Lady Liberty. Like the 1878 version, the piece can carry considerable value, depending on a few different characteristics that can vary from coin to coin.
OLD SILVER DOLLAR VALUE CHART SERIES
This makes the 1879 silver dollar only the second version of the Morgan silver dollar series to be produced. It didn’t take long for Morgan to make a reputation as an incredibly skilled engraver he designed the first of the Morgan silver dollars in 1978, just two years after migrating to the USA! Mint as an assistant to William Barber, another popular artist at the time. Morgan himself was an immigrant, migrating from England to the United States in 1876 in order to work in the U.S. The Morgan silver dollar gets its name from its designer, the world-famous engraver George T. While gold was also present in the valuable mines of the Comstock Lode, it was silver that eventually inspired one of the most famous and valuable types of coins in the history of bullion: the American silver dollar. Part of the historical impetus for this unprecedented and important governmental decision was the Comstock Lode, which is widely considered the first big American discovery of silver. This act eventually resulted in the creation of many of the silver coins collectors prize today. When the federal government passed the Bland-Allison Act, the Treasury began buying bullion to mint a large number of silver coins with $1 face values. This coin was initially minted during an exciting time for the American bullion economy. The United States Mint is one of the most respected in the world the coins produced by this mint regularly carry tremendous value among collectors all over the world.
The history of silver dollars and other bullion pieces in the United States is particularly rich. It’s sometimes easy for new coin collectors to divorce beautiful silver coins from their history. Don’t worry– we’ll explain everything you need to know about evaluating 1979 Morgan silver dollars in today’s guide. Both the condition and the mintmark of your silver dollar can seriously impact its value on the open market. But your valuation process doesn’t end here.
If you’ve got a huge pile of old silver coins, finding any 1879 Morgan silver dollar should be an exciting moment. These images make the 1879 Morgan silver dollar one of the most recognizable and valued silver dollars in the world. Morgan, the 1879 silver dollar features Lady Liberty’s facial profile on the obverse side and the classic American bald eagle on the other. The eye appeal of the silver dollar makes it impossible to miss, and the 1879 silver dollar has its own brilliant aesthetic appeal.ĭesigned by the famous U.S. Silver dollars are often some of the most expensive coins you’re likely to find in your everyday coin collection. Today, we’re talking about the 1879 silver dollar. All of these factors (and more) can contribute to the overall value of the piece. With any coin, determining values is a matter of identifying the design, year, and mintmark of the coin. Some limited edition silver coins can fetch a value upwards of $2,000, especially if they happen to be in relatively new condition. Using just a few tips can help anyone become an expert at quickly identifying valuable coins. Unfortunately, finding coins worth more than their face value often takes quite a bit of searching.īut we’ve got you covered. The pure exhilaration of pulling an expensive coin out of a pile of inexpensive junk is a feeling that’s hard to beat within the coin collecting industry. There are very few joys as exciting as finding an absolute gem within a pile of old junky coins.
Rising Interest Rates and Gold's Performance.
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