All of the Morgan dollars are over 100 years old and highly collectible alone. The Peace Dollars were minted in 1921 and continued production until 1935. The Morgan Dollars were minted from 1878 to 1904 and then again in 1921. The Silver Morgan and Peace Dollar are hands down the single most recognizable Silver Dollar ever minted by the US mint. Since coins in MS63 and above trade for significant premiums, dealers have an incentive to send these coins in for certification.Description Silver Morgan and Peace Dollar Culls 1878-1935 Random Lot of 1000 Uncirculated silver coins, specifically coins in the MS60-MS62 category, usually trade as “Brilliant Uncirculated” or “BU.” If a coin appears to grade MS63 or better, there’s an excellent chance that it will be sent to PCGS or NGC for third-party grading and encapsulation. Coins that are extremely close to the Uncirculated line are nicknamed “sliders” as some people will let them “slide” as Mint State. They still show virtually complete design detail and a good bit of luster, but display minor signs of wear and circulation. ABOUT UNCIRCULATED: These are coins that just barely fail to qualify as Uncirculated or Mint State.
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They are expected to be free of major distracting marks or problems. They are worn – and sometimes significantly so – but still show a good amount of detail.
Uncirculated coins might show some nicks and scratches from coming into contact with other Silver Dollars, but this is different from wear. On the higher end of the grading spectrum, Uncirculated coins show no signs of wear with all details still 100% intact. The degree of wear determines the coin’s grade and value. Circulated coins exhibit signs of wear from use and have lost some detail in the process. In terms of grade, bulk Silver Dollars can be put into two basic categories: circulated and uncirculated. This article describes how bulk Silver Dollars are categorized, graded and marketed. They are traded in bulk among collectors, investors, accumulators and dealers. Today, Silver Dollars are considered both collectibles and bullion pieces. Over the years, a staggering quantity were struck – around a half billion pieces in total! While quite a few of these coins have been melted and destroyed since many still remain. They were used constantly in day-to-day transactions from 1794 through the mid-20 th century. For over a century, Silver Dollar coins were workhorses of the American economy.
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