Many people are familiar with the Morgan dollar, the first standard silver dollar to be minted after the Seated Liberty Dollar. The production of Morgan dollars took place between 1878 and 1921. As a result of the Pittman Act in 1918 many silver dollars were melted and recoined. The remaining is now one of the most collectible coins in history to their rarity.

The Morgan dollars that managed to avoid being melted and recoined are highly sought after by coin collectors and investors. Of all of the Morgan dollars the 1895 Morgan dollar is considered the most valuable rare silver coin in the series. Auctions have seen this coin sold for up to $120,000, a hefty price for a coin whose face value was minted as $1.00 More…