I just inherited a 1899 Moragan Silver Dollar. The odd part is on the Heads side of the coin, there is a large D on the cheak.. What does this mean? Is it a error? Any idea of how much its worth? thanks in advance
could be a counterstamp of some sort. Welcome to the forum old fellow..... Read some more here......:smile http://exonumismatics.com/ctstp/authenticity.html
Welcome to the neighborhood! In all likelihood, it is Post Mint Damage (PMD), but we would still need to see photos to be sure. Chris
I don't know why it's there but that is a Huge Counterstamp. Your Morgan is pretty much worth silver melt value.
Check the reverse and see if there is a mintmark.. if not even with the D its worth FAR more than silver bullion.
I agree. If this is an 1899P Morgan, then it is likely worth a lot more than silver melt value due to the limited mintage (only 330,846). TC
Yep. Be sure to flip it over and see if these is a letter underneath the bow in the ribbon. It will either be an "S", an "O", or a very large "D" If there is nothing, it is the 1899-P TC referred to. It retains some value even in very low grades. And hey... some people like counterstamps !
The back has a 0 under the bow of the Eagle thanks to everyone for the replys.. and sorry for the crappy picts. There is a 0 at the bottom of the eagle. So if you were to put a rough dollar value, how much would you say its worth. $50, $100, $500 ? Thanks again
Now I think it is worth about silver melt maybe a few dollars more. Check out coinflation.com for silver coin values. You said you inherited it though, so maybe there is some sentimental value to you. TC
On a good day on ebay youd get about 28$ for it which would net you about 20 after fees and shipping.
Since your ID is Dcaruso, maybe your first name begins with a D, or maybe father, grandfather's name does also. I would keep it as a "pocketpiece" as a conversation, lucky piece, or maybe get an inexpensive bezel key ring for it to have on my keys. Welcome to the forum! Jim
FYI, Silver melt for Dollars is about $13.50 with silver about $17.50. All other silver 90% is worth about 12 1/2 times face.