This Morgan has only one better, the MS67 and there is only one.

The Beautiful Morgan Silver Dollar Minted from 1878 - 1921.

I opened my door here at my home (and my wallet in this case) and in came a fantastic addition to my family. A 1921 S MS66 Morgan Silver Dollar.

Lady Liberty on the obverse, and the Eagle holding arrows and an olive branch on the reverse. 90% Silver, 10% copper. Total weight 26.73 grams.

The beautiful coin is named after its designer, George T. Morgan, who designed both sides of the coin.

How to calculate the melt value of the Morgan Silver Dollar:

Using the coin mint figures:

90% Silver & 10% copper, and the total weight of 26.73 grams,

Follow the formula below.

Using the current price (spot price) the following will get you to the melt value.

$19.55 = silver price / ounce on Jan 28, 2014.

.90 = silver %

$3.2724 = copper price / pound on Jan 28, 2014.

.10 = copper %

26.73 = total weight in grams

.0321507466 = ounce/gram conversion factor

.00220462262 = pound/gram conversion factor

Calculate 90% silver value :

(19.55 × .0321507466 × 26.73 × .90) = $15.1209558816

$15.1209 is the rounded silver value for the 1878-1921 silver Morgan dollar for today, 1-28-14.

If you try to melt Morgans, may the fleas of a thousand camels infest your dog.

The total mintage for this coin is 21,695,000.

I don't know about plagerism, and I sure don't want credit for a lot of info I did not write. Wikipedia sure gets the dope, so to save lots of your time and mine, I re-direct you to their site and info about the Morgan:

http://en.wikipedia.org/wiki/Morgan_Dollar

This file has about all you could want to know. I have about 10 Morgans, and only a few graded, and this one is, of course, the flagship of my Morgans.

Behind the Walking Silver Dollar, the Morgan is my favorite coin, truly a work of art.

ONE thing Wikipedia does not seem to mention, is the fact that our silver dollars, (pre-Morgan) were patterned after the Spanish Eight Reale.

So, I am not on a quest for Morgans at this time, as my Indians kind of wore me out, but I am still distilling my collection to get, like my steaks, on the rare side.

So, welcome the new adoptee to my home will ya. Hope you enjoy reading and learning about coins. ( I am afraid to begin on paper currency just yet)

Capt. Brian

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