20h ago
Key Fact
Description
This is a 1902 Morgan Silver Dollar, a classic American coin. It features a profile of Lady Liberty on the obverse and a bald eagle on the reverse. The coin is struck from 90% silver and has a reeded edge. This particular example appears to be from the Philadelphia Mint, indicated by the absence of a mint mark.
History
The Morgan Dollar was minted from 1878 to 1904 and again in 1921. It was designed by George T. Morgan and is one of the most recognizable American coins. The coin's production was a result of the Bland-Allison Act, which required the U.S. Treasury to purchase silver and mint silver dollars.
Facts
The Morgan Dollar is highly sought after by collectors due to its beautiful design and historical significance. The various mint marks and dates offer a wide range of collecting possibilities. Many believe that carrying a Morgan Dollar brings good luck, and its weight and silver content have made it a popular trade coin.
Value Fact
The market value for a 1902 Morgan Dollar can fluctuate significantly based on its condition and grade. Circulated examples might range from $25 to $50, while uncirculated coins can command prices well over $100. Demand remains strong, driven by both numismatists and those interested in its silver bullion value.

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