How Big Is a Morgan Silver Dollar?
The Morgan Silver Dollar is one of the most iconic and sought-after coins among collectors and investors alike. This silver coin, minted from 1878 to 1904 and again in 1921, holds a special place in American history. With its large size and intricate design, it stands out among other coins. But just how big is a Morgan Silver Dollar? In this article, we will explore the dimensions of this legendary coin and answer some frequently asked questions about it.
Dimensions of a Morgan Silver Dollar:
The Morgan Silver Dollar has a diameter of 38.1 millimeters or 1.5 inches. This makes it larger than most modern U.S. coins, such as quarters, dimes, and nickels, which have a diameter of about 24 millimeters. The Morgan Silver Dollar is often referred to as a “crown-sized” coin due to its larger dimensions.
The thickness of a Morgan Silver Dollar is approximately 2.4 millimeters or 0.096 inches. This thickness gives the coin a substantial feel and weight in the hand. It is worth noting that the weight of a Morgan Silver Dollar is 26.73 grams or 0.9429 ounces, with a composition of 90% silver and 10% copper.
The edge of a Morgan Silver Dollar is reeded, meaning it has small grooves around its circumference. These grooves serve both as a decorative element and as a deterrent against counterfeiting.
Frequently Asked Questions about the Morgan Silver Dollar:
Q: Who designed the Morgan Silver Dollar?
A: The Morgan Silver Dollar was designed by George T. Morgan, an English-born American sculptor and engraver. His initials “M” can be found on the lower part of the coin, near the neck of Lady Liberty.
Q: What is the significance of the Morgan Silver Dollar?
A: The Morgan Silver Dollar was named after its designer, George T. Morgan. It was minted following the passage of the Bland-Allison Act of 1878, which required the U.S. government to purchase a specific amount of silver each month to be turned into coins. The Morgan Silver Dollar became a symbol of American prosperity and played a crucial role in the economy of the time.
Q: Is the Morgan Silver Dollar still legal tender?
A: While the Morgan Silver Dollar is no longer in circulation and cannot be used as legal tender, it holds significant value as a collectible and as an investment due to its silver content and historical significance.
Q: How much is a Morgan Silver Dollar worth?
A: The value of a Morgan Silver Dollar depends on various factors, including its condition, rarity, and demand. Some common date Morgan Silver Dollars can be found for around $25 to $50, while rare dates and those in exceptional condition can fetch thousands or even tens of thousands of dollars.
Q: Can I find a Morgan Silver Dollar in circulation?
A: It is highly unlikely to find a Morgan Silver Dollar in circulation today. These coins were last minted in 1921 and have since become highly sought-after collectibles. If you are interested in acquiring a Morgan Silver Dollar, you may need to visit a coin dealer, attend coin shows, or explore online marketplaces.
In conclusion, the Morgan Silver Dollar stands out for its impressive size and distinctive design. With a diameter of 38.1 millimeters and a thickness of 2.4 millimeters, it is larger and thicker than most modern U.S. coins. This iconic coin holds a special place in American history and continues to captivate collectors and investors with its beauty and historical significance.