COLLECTING coins is a lucrative hobby that anyone can do.
Searching your home for change in an old piggy bank could result in a big payoff.
Known as the "King of America's coin", Morgan Silver Dollars are one of the most popular and highly collected coins in the country.
This has been proven time and time again by how much people are willing to pay to add one to their collection.
This month, a Morgan Silver Dollar with a rare date sold on eBay for $1,831.
A fierce bidding war broke out between 18 bidders, placing 45 bids in total.
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The coin was minted with 90% silver in 1895, and most were later melted down.
That's what makes finding one so rare. The Professional Coin Grading Services could only find 143 examples of this specific coin.
As the Morgan Dollar was only minted from 1878 to 1904, these coins have become especially popular to collect.
The Morgan Dollar was minted again in 1921 - these variations sell today for upwards of $100 - and also in 2021 as a non-circulating coin.
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The silver dollar that sold had a grade of AU 53.
Other popular dollar coins
There are other popular Morgan Dollars, including ones with the 1893 date.
Only 100,000 of these coins were minted in San Fransisco - making it an extremely rare find.
In an auction that ended in May, one buyer paid nearly $13,000 for a circulated piece.
The 1893 silver dollar minted in Carson City brought in an impressive $5,550 in another auction.
According to the Professional Coin Grading Service (PCGS), 677,000 Morgan dollars were minted in Carson City in 1893, and approximately 48,000 have survived to this day.
The coin could be worth as much as $109,541 in an MS-63 grade or $3,316 on average.
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Check your change to see if you have one of the most valuable quarters.
Plus, see what the most valuable silver coins are.
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