According to the criteria of
The coin It was sold on June 13 for US$276,000 through a specialized auction site, Heritage Auctions, although it is not the first example to reach an unusual value for a dollar coin. Last year, a coin with a grade of MS66 reached a value of US$66,000.
One of the characteristics that raised the value of the 1893 Morgan dollar is the small number of units minted by the Philadelphia Mint (approximately 378,000), because This is one of the lowest mintages in this series..
Details of the dollar coin
Designed by George T. Morgan, The coin is made up of 90 percent silver. and 10 percent copper, and has a total mass of 26.73 grams, a thickness of 2.4 millimeters and a total diameter of one and a half inches. The obverse shows the face of the Statue of Liberty in profile.with the motto “E Pluribus Unum” and the date of its creation below, next to Thirteen stars surrounding the figure represent the original colonies.
The coin was sold for an exorbitant sum through an auction site.
Photo:
In it The reverse side shows a bald eagle with outstretched wings holding an olive branch and arrows in its paws.surrounded by the inscriptions “In God We Trust”, “United States of America” and “One Dollar”.
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