1878 Reverse of 1879 Morgan Dollar AU53 PCGS
Exploring the 1878 Reverse of 1879 Morgan Dollar AU53 PCGS
The 1878 Reverse of 1879 Morgan Dollar is a fascinating coin that holds significant value for both collectors and investors alike. With its rich history and distinctive features, understanding this coin can enhance your appreciation for numismatics. Here are some key points to consider:
- Historical Significance: The Morgan Dollar was designed by George T. Morgan and minted between 1878 and 1904, then again in 1921. The 1878 Reverse of 1879 represents a transitional phase in the series, showcasing the coin’s evolving design.
- Distinctive Features: This version of the Morgan Dollar features the famous eagle design on the reverse, which is characterized by its strong, bold posture and detailed feathers. The coin’s inscription includes “In God We Trust,” a motto reflecting the values of the time.
- AU53 Grade: Coins graded AU53 by PCGS are considered to be in “Almost Uncirculated” condition. This means that the coin shows very slight signs of wear but still retains most of its original luster and detail. The higher the grade, the more valuable the coin typically is.
- Collectibility: Due to its unique characteristics, the 1878 Reverse of 1879 Morgan Dollar is highly sought after by collectors. It is essential to understand its market value, which can fluctuate based on demand, condition, and rarity.
- Investment Potential: As with any collectible, the Morgan Dollar can serve as a tangible investment. With increasing demand for coins in good condition, the 1878 Reverse of 1879 could appreciate significantly over time, making it a worthy consideration for your portfolio.
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