June 27, 2008, Newsletter Issue #124: How To Identify An Altered Morgan Dollar

Tip of the Week

Sometimes, coins are altered to make it appear to be a more valuable rare coin when it is not. This can be the case with the 1895 Morgan Dollar. There are no known business strikes of the 1895 Morgan Dollar, but there are proof versions. A business strike is a coin struck by the US Mint intended for general circulation. However, sometimes, a business strike of the 1895 Morgan Dollar will be offered for sale. A proof version of the 1895 Morgan Dollar can go for $25,000.

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