A 129-year-old silver dollar was recently sold on eBay for $561.20 after attracting the attention of coin collectors.
morgan silver dollar Among the most valuable are old American coins, some of which have been auctioned for up to $500,000.
Recently sold this coin, One 1893-P Morgan DollarOriginally listed by its seller for 99 cents.
Although the coin was not officially certified, collectors jumped at the low starting price and a week-long bidding war ensued.
Ultimately, the 1893-P coin sold for $1,209 after 28 offers from 16 bidders were exchanged.
History of the Morgan Dollar
Since Morgan dollars were only minted from 1878 to 1904, these coins have become especially popular for collecting.
The Morgan dollar was minted again in 1921 – these variations sell for upwards of $100 today – and in 2021 as a non-circulating coin as well.
On one side, the coin has the image of a bald eagle with outstretched wings.
On the other side is a left-handed Lady Liberty known as a Phrygian cap, surrounded by stars and “E Pluribus Unum”.
according to Professional Coin Grading Service (PCGS), 389,000 Morgan dollars were minted in Philadelphia in 1893.
About 20,000 of those circulating coins have survived to this day, and can range in value from $100 to $1,000.
Although this recently sold coin was not professionally classified or certified, it appeared to be in good condition, and collectors adjusted their bids accordingly.
An uncirculated 1893-P Morgan dollar could sell for up to $60,000 at auction, according to PCGS,
How to Find Rare Coins
There are many ways you can find rare coins,
The first thing you want to do is check around your house or any other place where you can store change.
You can also try using a metal detector outside, or stop by your local bank to ask for a roll of coins.
You can easily exchange bills for coins, getting lots of change for a standout at no cost.
To check whether your coins are worth anything on eBay, search the full name, select the “Sold Out” list, and then toggle the search to “Highest Value.”
This way, you will be able to understand what collectors are willing to pay for your coins.
You can choose to sell the coin either on eBay or through a specialist site such as Coinappraiser or USA Coin Book.
And be aware of potential fakes when buying online.
To avoid this, it is worth checking the seller’s history and whether the coin was certified in the listing.
In addition to ancient coins, some coins were minted in the last two years Worth hundreds of dollars.
and a Coin expert spoke to The Sun To break the most valuable Lincoln pennies up to $20,000.