Sep
25
how much is a morgan silver doller?
Eric asked:
I just got a bunch of coins-- from grandpa-- do not know anything abou tthem or how much they are besides notes wierd letter combinations
I just got a bunch of coins-- from grandpa-- do not know anything abou tthem or how much they are besides notes wierd letter combinations
so for exampe how much is a Morgan Silver Dollar 1921 - notes that say BU? what is BU mean???
what is the going rate for this coin??
i have a ton of these things maybe 60-70 of them???
who would keep this much in coins for this long r they worth anything??
thanks
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1 Comments
A 1921-dated Morgan has retail of $30-$40 in Brilliant Uncirculated(BU) condition. If it has a small “D” under the tail feathers of the eagle, then it’s $60-$70, and with a small “S” at $50-$75. In order for the Morgans to grade BU, each of them has to retain its full original mint luster, has minimal contact marks(not circulation wear), it’s not cleaned or polished, and also not damaged in any way. Some natural discoloration or toning is permitted for grade BU. It’s not uncommon for people during the old times to store or to hoard silver dollars, especially those fresh from banks.