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It's not a real Morgan silver dollar. It's a modern bullion piece (as indicated by the ".999 fine silver") that copies the Morgan design.

The good news is that depending on the amount of silver it contains, it could be worth more than the melt value of a real Morgan. Morgan dollars contained about 0.77 oz. of pure silver, so if your piece is 1 oz it's worth about 1/3 more at melt.

Of course, a real Morgan could also be worth MUCH more as a collectible depending on its date and mint mark, too!

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14y ago

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