A Numismatic Coin Treasure Trove: Morgan and Peace Dollars

In the heart of Spring Hill, Florida, coin collectors, investors, and silver stackers alike have discovered a hidden gem coin shop – Vermillion Enterprises. This local treasure trove boasts a remarkable collection of Morgan and Peace dollars, the iconic silver coins that have captured the imaginations of numismatists for generations. In this blog post, we’ll take an in-depth look at these classic American silver dollars, explore their historical significance, and provide a comprehensive list of key dates that every collector and investor should know.

The Legacy of Morgan Dollars

Named after their designer, George T. Morgan, the Morgan dollar made its debut in 1878 and instantly became an emblem of American numismatics. These coins, minted primarily from silver mined in the Comstock Lode of Nevada, are renowned for their exquisite design and historical importance.

Key Dates for Morgan Dollars:

1. 1878-CC Morgan Dollar:
   • The Carson City Mint produced a limited quantity of Morgan dollars in its inaugural year, making it a prized collector’s item.
   • Minted in Carson City, Nevada.
2. 1889-CC Morgan Dollar:
   • Another coveted Carson City minted coin due to its low mintage.
   • Highly sought-after among collectors.
3. 1893-S Morgan Dollar:
   • With just 100,000 coins minted, this is a key date in the series.
   • Scarce and highly valuable.
4. 1895 Morgan Dollar:
   • A famous rarity with a proof-only issue. No business strikes were made.
   • Among the most valuable Morgan dollars in existence.
5. 1903-S Morgan Dollar:
   • Low mintage, particularly in high grades, makes this coin a collector’s dream.
   • A challenge to find in pristine condition.
6. 1921 Morgan Dollar:
   • The last year of production for Morgan dollars before they were replaced by Peace dollars.
   • Multiple mint marks, including the rare Denver “D” mint mark.

The Elegance of Peace Dollars

In 1921, the Morgan dollar gave way to a new design, the Peace dollar, intended to commemorate the peace achieved after World War I. The Peace dollar features a strikingly beautiful design by sculptor Anthony de Francisci, making it a favorite among collectors for its artistic value.

Key Dates for Peace Dollars:

1. 1921 High Relief Peace Dollar:
   • The very first Peace dollar issue, known for its high relief design.
   • A significant piece of numismatic history.
2. 1928 Peace Dollar:
   • Low mintage, especially in Philadelphia, makes this coin scarce.
   • Highly sought-after, especially in higher grades.
3. 1934-S Peace Dollar:
   • The lowest mintage of the Peace dollar series.
   • A rarity, especially in mint condition.
4. 1935-S Peace Dollar:
   • The final year of Peace dollar production.
   • Considered a key date for collectors.

Investment Opportunities

For both seasoned collectors and investors, Morgan and Peace dollars represent a compelling opportunity. As tangible assets, these coins offer a hedge against economic uncertainty and inflation. Their historical significance and aesthetic appeal make them highly sought-after by collectors, ensuring a steady demand in the numismatic market.

At Vermillion Enterprises, you’ll find a diverse selection of graded and raw Morgan and Peace dollars, catering to both the discerning collector and the savvy investor. Whether you’re looking for key date rarities, beautifully preserved specimens, or bulk silver for stacking, Vermillion Enterprises has you covered.

Graded Coins

For collectors seeking the highest quality and authenticity, Vermillion Enterprises offers a range of professionally graded Morgan and Peace dollars. Graded coins come with a guarantee of authenticity, condition, and are housed in protective slabs.

Raw Coins

For those who enjoy the thrill of the hunt and the potential for discovering hidden gems, Vermillion Enterprises also offers raw, ungraded Morgan and Peace dollars. This allows collectors and investors to examine the coins personally and make their own assessments of their condition and value.

Silver Stacking

Silver stacking, the practice of accumulating physical silver for wealth preservation, has gained popularity in recent years. Morgan and Peace dollars are excellent additions to any silver stack due to their high silver content and historical significance.

Why Choose Vermillion Enterprises?

1. Local Expertise: As a trusted local establishment in Spring Hill, Florida, Vermillion Enterprises has been serving the numismatic community for years. Their knowledgeable staff can provide expert guidance and assistance tailored to your specific collecting or investment goals.
2. Quality Assurance: Vermillion Enterprises takes pride in offering only genuine coins. Graded coins are certified by reputable third-party grading services, ensuring their authenticity and condition. Raw coins are carefully inspected to meet their high standards.
3. Competitive Pricing: Whether you’re a collector or an investor, you’ll appreciate Vermillion Enterprises’ competitive pricing. They aim to provide fair and transparent pricing for all their coins.
4. Wide Selection: The extensive selection of Morgan and Peace dollars at Vermillion Enterprises caters to collectors and investors with varying preferences and budgets. From key date rarities to more affordable options, there’s something for everyone.

Morgan and Peace dollars are more than just coins; they are tangible pieces of American history and heritage. Whether you’re a seasoned collector, a shrewd investor, or a silver stacker, Vermillion Enterprises in Spring Hill, Florida, is your go-to destination for these numismatic treasures. With their wide selection, expertise, and commitment to quality, Vermillion Enterprises is your partner in the world of Morgan and Peace dollars, helping you build a collection or an investment portfolio that will stand the test of time. Visit their store today and embark on a journey through the rich history of American coinage.