![]() coinage in 1964, and the dollar became a purely fiat note in 1971. They really dropped the bomb so to speak on the silver dollar market, minting over 51 million. Notes: 1922 was the 2nd year that the 1922 Peace dollar was minted. The gold standard was suspended for America to fight World War I, and then gold-convertibility was limited to foreigners in the run-up to World War II. estimates the value of a 1922 Peace Dollar in average condition to be worth 26.00, while one in mint state could be valued around 95.00. There’s no coin on this list from after 1901, and that’s largely because the Federal Reserve Act was passed in 1913. The Ultimate List of Valuable Coins Morgan Silver Dollar 1901 Morgan Silver Dollar 425.5k Steel Wheat Penny 1944 Steel Wheat Penny 408k Morgan. By the time the 19 th century was in full swing, America’s bimetallic standard was causing all the predictable problems, and changes to monetary policy helped make certain coins rarer and more valuable. government’s initial debasement of the currency and experiments with early coin designs. According to Cointrackers and USA Coinbook, this coin is potentially worth between 71,473 and 115,000 (. The list above tells the story of the dollar’s initial selection as the people’s money, followed by the U.S. But according to CoinTrackers, those certified MS+ can be worth as much as $215,000 at auction, and current listings for MS-65 coins are over $100,000. Like other Morgans, an 1884 in average or worse condition isn’t very rare, and thus isn’t worth very much. Rounding out our list is the 1884 Morgan Silver Dollar. To save money, the Mint would reuse the same dies from previous years and simply “punch over” the final digit of the original year. Mint, with its ability to literally coin money, didn’t have unlimited access to funds, and purchasing new coin dies every year was expensive. 40 centsworth in 1940 maybe 1940 Lincoln Wheat Penny Coin Value Prices, Photos 1940 Penny Value. 1817/4 Capped Bust Half-Dollar: $282,000īack before the Federal Reserve could print money out of thin air, the federal government actually had to operate within a budget. The finest, an MS-66, was reportedly purchased for $575,000. There have been fewer than 40 ever graded higher than MS-63, and only three MS-65 or better. Indeed, a 1901 P Morgan Silver Dollar in “average condition” is worth less than $50, according to CoinTrackers.īut for whatever reason, mint-condition 1901 P Morgan Dollars are incredibly rare, and coins graded MS-60 sell for around $3,000. Morgan Silver Dollars were produced in large quantities most years, including 1901, when nearly 7 million were struck in Philadelphia (and thus marked “P”). ![]()
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