1894 Morgan Dollar VG
Numismatic
1894 Morgan Dollar VG
The 1894 Morgan Dollar represents a fascinating moment in American coining history. Struck at the Philadelphia Mint, this specific issue is notable for its exceptionally low production run of only 110,000 pieces. Unlike its sister mints, the Philadelphia facility did not place a mint mark on these silver coins, making the absence of a mark beneath the wreath a key identifying feature for explorers of the series. Each coin is composed of 90 percent silver, containing 0.7734 troy ounces of precious metal. The obverse design features a profile of Liberty adorned with a Phrygian cap, a classic symbol of freedom. Tucked into her hair band is the word LIBERTY, while the surrounding rim is inscribed with the Latin motto E PLURIBUS UNUM, thirteen stars representing the original colonies, and the 1894 year of manufacture. On the reverse, a majestic bald eagle is depicted holding a bundle of arrows and an olive branch in its talons, symbolizing both strength and peace. The reverse is completed with the inscriptions UNITED STATES OF AMERICA, ONE DOLLAR, and the motto IN GOD WE TRUST.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | United States |
|---|---|
| Year | 1894 |
| Grade | Very Good |
| Legal-tender face value | 1 Dollar |
| Metal | Silver |
| Weight | 0.7734 troy oz |
| Purity | .900 |
| Diameter | 38.1 mm |
| Thickness | 3.1 mm |
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