Investing In Gold And Silver For Capital Preservation And Appreciation

A Sneak Peak At The Morgan Dollar And Its Mints

Silver Morgan Dollars coins, named after George T. Morgan (designer), and were minted between 1878 to1904 and again in 1921 by US treasury department. Each coin weighted around 24.057 grams and had a silver purity of .900. As these coins valued par with the silver bullion they remained in high demand in both pre and post minting period. The minting process of these coins was carried on in all four famous mints of the United States.


Silver Morgan Dollars coins, named after George T. Morgan (designer), and were minted between 1878 to1904 and again in 1921 by US treasury department. Each coin weighted around 24.057 grams and had a silver purity of .900. As these coins valued par with the silver bullion they remained in high demand in both pre and post minting period. The minting process of these coins was carried on in all four famous mints of the United States.

The Carson City Mint was set up at Caron City in Nevada-USA for minting the Morgan Dollars silver coins during the greatest silver strike of Comstock Lode in 1950s exactly in the same fashion as the San Francisco Mint was built to mint gold coins during the gold strike from California. Between 1970 and 1993, 50 issues of silver coins and 57 issues of gold coins were minted in this mint.

These coins bears \”CC\” mint mark on the front side of the coin just below the feathers of the Eagle between the letters \”D\” and \”O\” in the word \”DOLLAR\”. However, after 1895 till 1993 this mint switched to become the US Assay Office for gold and silver and ultimately bought by the Nevada state in 1939 from the Federal Government.

This mint was built by Clark, Gruber and Company in Denver, Colorado in USA in 1897. In the initial period of inception the mint was engaged in the production of quality gold bars from the gold dust purchased from the miners of the nearby gold mines. However, later on it was purchased by the Federal Government. The first coin was minted only on the 1st February 1906 and the mint continued this process uninterruptedly even today. This mint is the single largest producer of coins in the world in the present times. The Denver Mint produces variety of coins such as coins for circulation, coins for mint sets and the cenotaph coins under the mint mark of \”D\”.

This mint was built during 1835 in New Orleans, Louisiana-US. The minting process was carried in this mint from 1838 to 1861 and restarted from 1879 to 1909. During this period the mint produced well over 427 million coins of both gold and silver under almost all the denominations valuing well over US$ 307 million. The interruption in its continuity was caused mainly by the numerous Civil Wars and the post rebuilding process of the state. After its tenure the mint was used as an assay office and for the US Coast Guard storage of equipments purpose as well.

The San Francisco Mint was built in California, US in 1854 and was commenced with the view of serving the gold mines of the California Gold Rush. The Granite Lady is the old building which miraculously survived the San Francisco earthquake of 1906. During its initial first year of operation, it was successful in converting $4 million in gold bullion into coins.

Alan Brenner maintains 1900SilverDollar.com. A site dedicated to the Morgan Silver Dollar including the 1883 Dollar.

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